HomeMy WebLinkAboutExhibit 4I.
II.
EXHIBIT B
INSURANCE REQUIREMENTS FOR A CERTIFICATE OF
INSURANCE -NON-STANDARD IMPROVEMENTS
Commercial General Liability
Limits of Liability
Bodily Injury and Property Damage Liability
Each Occurrence
General Aggregate Limit
Products/Completed Operations
Personal and Advertising Injury
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
Business Automobile Liability
$1,000,000
$2,000,000
$1,000,000
$1,000,000
Limits of Liability
Bodily Injury and Property Damage Liability
Combined Single Limit
Any Auto
Included Hired, Borrowed or Non -Owned Autos
Any One Accident $1,000,000
Endorsements Required
City of Miami included as an Additional Insured
Worker's Compensation
Limits of Liability
Statutory -State of Florida
Waiver of subrogation
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
$100,000 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.