Laserfiche WebLink
and property damage for owned and non-owned vehicles. County shall <br /> be an additional insured. <br /> 3. Professional Liability Insurance providing coverage for intentional, <br /> reckless or negligent acts, errors, or omissions committed or alleged to <br /> have been committed by DEVELOPER's Engineer with a limit of <br /> $500,000 per claim/annual aggregate. <br /> There shall be no more than $5,000 deductible per claim amount unless <br /> the DEVELOPER provides a Certified Copy of a financial report which <br /> has been approved by the County Risk Manager. This insurance shall <br /> extend coverage to loss of interest, earning, profit, use and business <br /> interruption, cost of replacement power, and other special, indirect and <br /> consequential damages. <br /> C. Any deductibles or self-insured retentions greater than $5,000 must be <br /> approved by the Risk Manager for Indian River County with the ultimate <br /> responsibility for same going to the DEVELOPER. <br /> D. DEVELOPER'S insurance coverage shall be primary. <br /> E. All above insurance policies shall be placed with insurers with a Best's rating <br /> of no less that A + VII. The insurer chosen shall also be licensed to do <br /> business in Florida. <br /> F. The insurance policies procured shall be per occurrence policies or as <br /> generally available on the open insurance market. <br /> G. The Insurance Carriers shall supply Certificates of Insurance evidencing such <br /> coverage to the Indian River County Risk Management Department prior to <br /> the execution of this Contract. <br /> H. The insurance companies selected shall send written verification to the Indian <br /> River County Risk Management Department that they will provide 30 days <br /> written notice to the Indian River County Department of Risk Management of <br /> its intent to cancel or terminate said policies of insurance. <br /> I. A written safety inspection plan must be submitted to the Indian River County <br /> Risk Management Department for approval prior to the signing of the <br /> contract. <br /> J. DEVELOPER shall include in all sub-contracts for sub-contractors as insured <br /> under its policies or shall furnish separate certificates and endorsements for <br /> each sub-contractor. All coverages for sub-contractors shall be subject to all <br /> of the requirements stated herein. <br /> 4 <br />