rating service or equivalent, (ii) names Sponsor as an additional insured of the Automobile Liability and
<br /> Comprehensive General Liability policies, and (iii) contain a provision requiring at least thirty(30) days'
<br /> prior written notice to Sponsor of any cancellation, modification or non-renewal of any such policies.
<br /> Within ten (10) business days following the Effective Date, Sponsored Party will furnish to Sponsor the
<br /> copies of all certificates of insurance and such other documentation relating to such policies to the
<br /> address provided in Section 19 below, Attention Risk Management Department.
<br /> Sponsored Party, hereby agrees to waive any right of subrogation and have no right of recovery from
<br /> VWGOA, its Personnel or insurers. Sponsored Party agrees to be financially responsible for its
<br /> respective deductibles, retentions, self-insurance or co-insurance obligations, or claims, or Losses in
<br /> excess of the required insurance coverage limits.
<br /> e. Volkswagen shall procure and maintain for the duration of the agreement, the following insurance
<br /> coverages:
<br /> i. MINIMUM SCOPE AND LIMIT OF INSURANCE
<br /> 1. Contractor shall maintain limits of insurance coverage in the following minimum
<br /> amounts and shall be at least as broad as:
<br /> a. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01
<br /> covering CGL on an "occurrence" basis, including products and completed
<br /> operations, property damage, bodily injury and personal & advertising injury
<br /> with limits no less than $1,000,000 per occurrence and $2,000,000
<br /> aggregate.
<br /> b. Automobile Liability(AL): Insurance Services Office Form CA 00 01 covering
<br /> Code 1 (any auto), with combined single limits of$1,000,000. In the event
<br /> Contractor does not maintain commercial automobile liability insurance, City
<br /> will accept evidence of personal automobile insurance with existing limits,
<br /> which can be lower than $1,000,000.
<br /> c. Workers' Compensation (W/C): as required by the State of California, with
<br /> statutory limits, and Employer's Liability Insurance with limit of no less than
<br /> $1,000,000 per accident, per employee, per policy for bodily injury or
<br /> disease.This requirement can be waived if Contractor has no employees.
<br /> ii. Other Insurance Provisions
<br /> 1. The insurance policies are to contain, or be endorsed to contain, the following
<br /> provisions:
<br /> a. CGL and AL policies: City of Santa Ana, its City Council, its officers, officials,
<br /> employees, agents, and volunteers are to be covered as additional insureds
<br /> with respect to liability arising out of work or operations performed by or on
<br /> behalf of the Contractor including materials, parts, equipment, and
<br /> personnel furnished in connection with such work or operations.
<br /> b. All required insurance policies: Insurance company(ies) agrees to waive all
<br /> rights of subrogation against City, its City Council, its officers, officials,
<br /> employees, agents, and volunteers for losses paid under the terms of any
<br /> policy which arise from work performed by Contractor for City.
<br /> c. All required insurance policies: For any claims related to this contract,
<br /> i
<br /> i
<br />
|