(A) No registration shall be issued to any contractor until said contractor has filed with the Administrative Office a certificate of liability insurance insuring the contractor, his agent, employees and representatives, or anyone under the registrant’s supervision, for the following insurance coverage while engaged in any activity or work pursuant to contractor’s registration.
(B) All applicants required to carry liability insurance shall, at the time of making application, provide evidence of liability insurance in a minimum amount of $100,000.00 property damage; $100,000.00 bodily injury, and an aggregate of $300,000.00 per occurrence and shall keep insurance in full force and effect.
(C) All registered contractors required to carry liability insurance shall require their insurer to notify the Administrative Office within ten calendar days of nonpayment of insurance premiums and within 30 calendar days of the effective date of a change in the registered contractor's insurance and/or a registrant's notification of cancellation or non-renewal of the insurance, in whole or in part. All registered contractors required to carry liability insurance shall be responsible for filing a current certificate of insurance with the Administrative Office, and the Town shall not be responsible for notifying registered contractors of impending expiration of insurance coverage.
(Ord, 2021-20, passed 12-15-2021; Ord. 2022-13, passed 10-19-2022)