HomeMy WebLinkAboutWorker's CompensationIll. Worker's Compensation
Limits of Liability
Statutory -State of Florida
Waiver of subrogation
IV. Employer's Liability
Limits of Liability
$1,000,000 for bodily injury caused by an accident, each accident.
$1,000,000 for bodily injury caused by disease, each employee
$1,000,000 for bodily injury caused by disease, policy limit
V. Umbrella Policy
Limits of Liability
Bodily Injury and Property Damage Liability
Combined Single Limit $1,000,000
Each Occurrence $1,000,000
Aggregate $1,000,000
Products/Completed Operations
Aggregate Limit $2,000,000
V1. Owners Contractors protective (applicable for Construction projects only)
Limits of Liability
Each Claim
Aggregate
$1,000,000
$1,000,000
VII. Professional Liability/Error's & Omissions Coverage
Combined Single Limit
Each Occurrence $1,000,000
General Aggregate Limit $2,000,000
Deductible -Not to Exceed 10%
VIII. Builders' Risk (applicable for Construction projects only)
Limits of Liability- to be determined by according the terms of the
Construction contract.
Endorsements Required
'All Risk Form
Non -Reporting Form -Completed Value
Specific Coverage (Project Location and Description)
Loss or Damage to building material, and property of
every kind and description, including insured's property
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Project Cooperative Agreement K-0500377
to be used in, or incidental to construction
• Business Interruption
• Boiler and Machinery
• Transit
• Foundation Coverage
• Scaffolding and Forms Coverage
• Plans, Blueprints, and Specifications coverage
• Collapse
• Flood, including inundation, rain, seepage, and water damage
• Earthquake
• Subsidence
• Windstorm including hurricane
• Freezing and Temperature Extremes or changes coverage
• Ordinance or buildings laws
• Theft or Burglary
• Coverage for loss arising out of Faulty Work or Faulty Materials
• Coverage for loss arising out of Design Error or Omission
• Testing
• Debris Removal
• Soft (Additional Financing) Costs Coverage
• Replacement Cost Valuation
• Coinsurance Requirements Waived
• Maintenance of Insurance Coverage through warranty period
All insurance policies required above shall be issued by companies authorized to do
business under the laws of the State of Florida, with the following qualifications:
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,
subject to the approval of the City's Risk Management Division.
-14-
Project Cooperative Agreement K -0S00377