A. The franchisee shall at all times protect and hold the town harmless from all claims, actions, suits, liability, loss, expense or damages of every kind and description, including investigation costs, court costs, and reasonable attorney fees, which may accrue to or be suffered or claimed by any person arising out of the use, ownership, construction, repair, replacement, maintenance and operation of the cable television's system and by reason of any license, copyright, property right or patent of any article or system used in the construction or use of the system, provided the town gives the franchisee prompt notice of any such claims, actions, and suits, without limitation, in writing. The franchisee 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 three hundred thousand dollars ($300,000.00) single limit liability from the time of commencement of construction of the CATV system.
B. All such insurance may contain reasonable deductible provisions not to exceed one thousand dollars ($1,000.00) 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 franchisee hereunder shall be made by, or at the expense of the franchisee or its insurer. The franchisee may bring its obligations to carry any insurance required hereby within the coverage of any so called blanket policy or policies of insurance on 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 franchisee had obtained individual policies of insurance. (1976 Code § 5.45.140)