1375.07   INSURANCE COVERAGE REQUIREMENT.
   (a)   Before the Building Division issues a contractor's registration under the provisions of this Chapter, and prior to each renewal thereof, each holder of a Building Division registration shall, in a manner prescribed by the Building Division, provide proof of liability insurance, which shall be maintained at all times thereafter, to the Building Division. A Building Division issued registration shall not be issued or renewed without meeting this insurance coverage requirement.
   (b)   The liability insurance required for the holder of a contractor's registration issued 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)   Failure to maintain such liability insurance coverage in good standing shall be cause for immediate suspension by the Building Division of the Building Division issued contractor's registration.
(Ord. C33-02.  Passed 4-15-02.)