(A) No person shall act as a contractor or subcontractor within the city, nor shall be registered, unless the contractor or subcontractor deposits with the city Building Department a certificate of insurance issued to the contractor or subcontractor, by a company approved and authorized to issue such insurance by the state, which shall be in effect at the time that the application is filed with the city in the following amounts:
ATTACHMENT A
CONTRACTORS INSURANCE
Type of Insurance Limits of Liability
General liability Property damage:
$500,000 each occurrence
$1,000,000 aggregate
Bodily injury:
$500,000 aggregate
Worker's compensation $100,000 each accident
$100,000 each employee
$500,000 policy limit
Employer's liability
(only required if applicant has employees)
(B) A new certificate of insurance shall be filed when the policy reaches the renewal date which shows the policy to be in effect for the remainder of the certificate period.
(Ord. 07-702, passed 1-24-07; Am. Ord. 08-757, passed 3-26-08; Am. Ord. 08-819, passed 11-5-08) Penalty, see § 115.99