15-2-8: INSURANCE:
Franchisee shall maintain throughout the term of this franchise, liability insurance, in the minimum amount of one million five hundred thousand dollars ($1,500,000.00), with primary and noncontributory coverage, to insure and/or protect the city with respect to the installation, operation and maintenance of the natural gas delivery facilities together with the necessary and desirable appurtenances authorized herein to occupy the public rights of way or public utility easements. Such insurance will provide protection for bodily injury and property damage including, without limitation, contractual liability and legal liability arising from collapse and underground incidents. Franchisee shall name the city as an additional insured on the liability policy that requires the insurance company to send a notice of cancellation or nonrenewal. Franchisee shall file with the city, within thirty (30) days following the effective date of this franchise, a certificate of insurance evidencing proof of said insurance required pursuant to this section and annually thereafter. (Ord. 13-10, 12-2-2013)