§ 150.040  LIABILITY INSURANCE.
   (A)   An applicant for a commercial contractor or residential contractor shall, before being granted a license, make, execute and deliver to the Building Commissioner proof of general liability insurance in an amount of not less than $1,000,000 with good and sufficient surety insuring all users of the license and indemnifying and holding harmless those persons sustaining loss or damage resulting from any and all work done under that license.
   (B)   An applicant for an electrical contractor, heating, ventilation and air conditioning contractor license shall, before being granted a license, make, execute and deliver to the Building Commissioner proof of general liability insurance in an amount of not less than $300,000 with good and sufficient surety insuring all users of the license and indemnifying and holding harmless those persons sustaining loss or damage resulting from any and all work done under that license.
(Ord. G-02-39, passed 10-17-2002)