(A) In addition to the bond as hereinbefore provided, each person applying for a permit shall be required to give satisfactory evidence of or file a certificate of insurance indicating he or she 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 the performance be by himself or herself, his or her subcontractor or anyone directly or indirectly employed by him or her.
(B) The insurance shall cover collapse, explosive hazards and underground work by equipment on the street and shall include protection against liability arising from completed operations.
(C) The amount of the insurance shall be prescribed by the city or its designee in accordance with the nature of the risk involved.
(1) Liability insurance for bodily injury in effect shall not be in an amount less than $100,000 for each person and $200,000 for each accident.
(2) Liability insurance for property damages shall be in an amount not less than $50,000 with an aggregate of $100,000 for all accidents.
(D) In all events, the city shall be saved harmless from any liability whatsoever.
(Ord. 40-2006, passed 10-17-2006)