(A) The grantee shall at all times protect and hold the town harmless from all claims, actions, suits, liability, loss, expenses or damage of every kind and description, including investigation costs, court costs and reasonable attorney's fees, which may occur to or be suffered or claimed by any person or persons arising out of the negligence of the grantee in the ownership, construction, repair, replacement, maintenance and operation of the cable television system, and by reason of any license, copyright, property right or patent of any article or system used in the construction or prompt notice of any claims, actions, suits, without limitation, in writing. The grantee shall maintain in full force and effect during the life of any franchise, public liability and property damage insurance for an amount of at least $250,000 single limit liability from the time of commencement of construction of the CATV system.
(B) All the insurance may contain reasonable deductible provisions not to exceed $1,000 for any type of coverage. The town may require that any and all investigation of claims made by any person against the town arising out of any use or misuse of privileges granted to the grantee hereunder shall be made by or at the expense of the grantee or his or her insurer.
(C) The grantee may bring his or her obligations to carry any insurance required hereby within the coverage of any so called blanket policy or policies of insurance now or hereafter carried, by appropriate amendment, endorsement or otherwise, provided, however, the interests of the town shall be as fully protected thereby as if the grantee had obtained individual policies of insurance.
(1992 Code, § 13-3-16) (Ord. 79, § 11, passed 6-21-1989)