1024.03 LIABILITY FOR DAMAGE; INSURANCE.
   The full primary responsibility for any excavation, trench or other street opening shall be that of the permit applicant who shall at all times keep the same properly guarded and enclosed so that the safety of persons and vehicles using the street, alley or roadway will be assured. This responsibility shall continue until permanent replacement of the pavement or the roadway surface to its original status is made, and shall include the defense, settlement and payment of any and all claims, actions and court judgments for damage or injury to anyone, arising in any way out of the creation or maintenance of the excavation, trench or other street opening by the permit holder.
    The applicant shall deposit with the Building Commissioner evidence of a public liability insurance policy insuring the Village against any loss or damage to persons or property resulting from the work being done.
(1986 Code § 901.03)