Each applicant, upon the application for a permit, shall provide the City with an acceptable certificate of insurance indicating that he is insured against claims for damages for personal injury as well as against claims for property damage which may arise from or out of the performance of the work, whether such performance be by himself, his subcontractor or anyone directly or indirectly employed by him. Such insurance shall cover collapse, explosive hazards and underground work by equipment on the street, and shall include protection against liability arising from completed operations. The amount of the insurance shall be prescribed by the Director in accordance with the nature of the risk involved. However, the liability insurance for bodily injury shall not be in an amount less than one hundred thousand dollars ($100,000) for each person and three hundred thousand dollars ($300,000) for each accident, and for property damage not less than fifty thousand dollars ($50,000) with an aggregate of one hundred thousand dollars ($100,000) for all accidents. Public utilities may be relieved of the obligation of submitting such a certificate if they are insured in accordance with the requirements of this chapter.
(Ord. 87-7. Passed 4-20-87.)