HomeMy WebLinkAboutExhibit 2EXHIBIT A
THE WEST '/Z OF LOT 9, AND LOTS 10 AND 11, LESS THE NORTH 20 FEET AND
LOT 12 LESS THE NORTH 20 FEET AND LESS THE WEST 5 FEET THEREOF,
TOGETHER WITH LOTS 13, 16, 17, 20, 21, 24, AND 25, ALL IN BLOCK 11 OF
REALTY SECURITIES CORPORATION'S PLAT OF COCONUT GROVE,
ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 2, AT
PAGE 85 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA
INSURANCE REQUIREMENTS FOR A CERTIFICATE OF
INSURANCE
I. Commercial General Liability
A. Limits of Liability
Bodily Injury and Property Damage Liability
Each Occurrence $1,000,000
General Aggregate Limit $ 2,000,000
Products/Completed Operations $ 1,000,000
Personal and Advertising Injury $ 1,000,000
B. . Endorsements Required
City of Miami included as an. Additional Insured
Employees included as insured
Independent Contractors Coverage
Waiver of Subrogation
Explosion, Collapse and Underground Hazard
II. Business Automobile Liability
A Limits of Liability
Bodily Injury and Property Damage Liability
Combined Single Limit
Any Auto
Including Hired, Borrowed or Non -Owned Autos
Any One Accident $1,000,000
B. Endorsements Required
City of Miami included as an Additional Insured
III. Worker's Compensation
Limits of Liability
Statutory -State of Florida
Waiver of subrogation
IV. Employer's Liability
A. Limits of Liability
$100,000 for bodily injury caused by an accident, each accident.
$100,000 for bodily injury caused by disease, each employee
$500,000 for bodily injury caused by disease, policy limit
The above policies shall provide the City of Miami with written notice of
cancellation or material change from the insurer not less than (30) days prior to any
such cancellation or material change.
Companies authorized to do business in the State of Florida, with the following
qualifications, shall issue all insurance policies required above:
The company must be rated no less than "A" as to management, and no less
than "Class V" as to Financial Strength, by the latest edition of Best's Insurance
Guide, published by A.M. Best Company, Oldwick, New Jersey, or its
equivalent. All policies and /or certificates of insurance are subject to review and
verification by Risk Management prior to insurance approval.
If the owners can not provide the minimum amounts for Auto, Workers
Compensation, a letter must be submitted explaining why. Provide the number
of vehicles owned, number of full-time and part-time employees, number of
directors/officers/managers.