Failure of Contractor and/or its Subcontractor(s) to comply with the insurance requirements herein shall be deemed a material breach of the Contract. Insurance Policy Limits: The limits of insurance shall not be less than the following amounts: Commercial General Includes: Personal & $2,000,000 each Liability Advertising Injury, occurrence; Product Liability and $4,000,000 general Completed Operations aggregate Automobile Liability Any Combined Single Limit $1,000,000 per – Auto occurrence Excess Liability (Umbrella) $4,000,000 per occurrence; $4,000,000 aggregate (if required) Statutory limits Workers Compensation pursuant to State law Liability $2,000,000 each Employers’ accident, each disease; $2,000,000 policy limit Risk (Course of Issued for the value and Builder’s Construction) scope of Work indicated herein. Property of Others Combined Single Issued for the value and Limit scope of Work stored General Aggregate off-site. [JUDICIAL COUNCIL MAY ADJUST THESE LIMITS, IN WRITING, AT THE JUDICIAL COUNCIL’S SOLE DISCRETION BASED ON SIZE AND SCOPE OF THE PROJECT] Insurance: Contractor shall require its Subcontractor(s), if any, to procure Subcontractor’s and maintain Commercial General Liability Insurance, Automobile Liability Insurance, and Umbrella Liability Insurance with minimum limits equal to at least fifty percent (50%) of the amounts required of the Contractor.
Failure of Contractor and/or its Subcontractor(s) to comply with the insurance requirements herein shall be deemed a material breach of the Contract. Insurance Policy Limits: The limits of insurance shall not be less than the following amounts: Commercial General Liability Includes: Personal & Advertising Injury, Product Liability and Completed Operations $2,000,000 each occurrence; $4,000,000 general aggregate Automobile Liability – Any Auto Combined Single Limit $1,000,000 per occurrence Excess Liability (Umbrella) $4,000,000 per occurrence; $4,000,000 aggregate (if required) Workers Compensation Statutory limits pursuant to State law Employers’ Liability $2,000,000 each accident, each disease; $2,000,000 policy limit Builder’s Risk (Course of Construction) Issued for the value and scope of Work indicated herein. Property of Others Combined Single Limit General Aggregate Issued for the value and scope of Work stored off-site. [JUDICIAL COUNCIL MAY ADJUST THESE LIMITS, IN WRITING, AT THE JUDICIAL COUNCIL’S SOLE DISCRETION BASED ON SIZE AND SCOPE OF THE PROJECT] Subcontractor’s Insurance: Contractor shall require its Subcontractor(s), if any, to procure and maintain Commercial General Liability Insurance, Automobile Liability Insurance, and Umbrella Liability Insurance with minimum limits equal to at least fifty percent (50%) of the amounts required of the Contractor.