1379.08   INSURANCE COVERAGE REQUIREMENT.
   (a)   Demolition Contractor Registration.  Before the Building Division issues a demolition contractor registration under the provisions of this Chapter, and prior to each renewal thereof, each registered demolition contractor shall, in a manner prescribed by the Building Division, provide proof of current, valid liability insurance coverage, which shall be maintained at all times thereafter, to the Building Division. A Building Division issued demolition contractor registration shall not be issued or renewed without meeting this insurance coverage requirement.
   (b)   The liability insurance required for a registered demolition contractor by the Building Division shall be written with an acceptable insurance company registered to do business in the state of Ohio. The liability insurance shall afford limits of liability no less than one hundred thousand dollars ($100,000) for damages to a single person, and three hundred thousand dollars ($300,000) for one (1) occurrence.
   (c)   Fire Alarm and Detection Equipment and/or Fire Protection Company Registration.  Before the Building Division issues a fire alarm and detection equipment and/or fire protection company registration under the provisions of this Chapter, and prior to each renewal thereof, each registered fire alarm and detection equipment and/or fire protection company shall, in a manner prescribed by the Building Division, provide proof of current, valid liability insurance or bonding required by the Ohio Division of State Fire Marshal, Bureau of Licensing and Certification. This required liability or bonding shall be maintained at all times thereafter. A Building Division issued fire alarm and detection equipment and/or fire protection company registration shall not be issued or renewed without meeting this insurance or bonding coverage requirement.
   (d)   Failure to maintain the coverage of Sections 1379.08(b) or 1379.08(c), as applicable for the type of registration held, in good standing shall be cause for immediate suspension by the Building Division of the contractor or company registration.
(Ord. C33-02.  Passed 4-15-02.)