(A) Insurance requirements.
(1) As a condition precedent to the issuance of a permit authorizing an event, the permittee shall obtain public liability insurance from an insurance company licensed to do business in the State of Minnesota and having a financial rating in Best’s Insurance Guide of at least “B.”
(2) The insurance shall provide “occurrence” coverage against liabilities for death, personal injury or property damage arising out of or in any way connected with the event.
(3) The insurance shall be in the amount of at least $1,000,000, combined single limit, and shall name the city and the city’s officers, employees and agents as additional insured under the coverage afforded.
(4) Also, the insurance shall be primary and noncontributing with respect to any other insurance available to the city and shall include a severability of interest (cross liability) clause. Proof of the insurance, in a form approved by the Director of Community Development, shall be filed with him or her prior to the issuance of the permit and the insurance shall be maintained throughout the course of the event authorized by the permit.
(B) Exception. Any event involving the exercise of free speech rights shall be exempt from the insurance requirements set forth in this section.