4.20.107.3.1. Within twenty (20) calendar days after receiving notice of award of a cable service provider franchise agreement or notice of renewal of a cable service provider franchise insurance policies. The franchisee shall procure and maintain during the entire period of the minimum insurance coverage's:
Type of insurance | Per person | Per accident | Property |
Comprehensive general liability | $1,000,000 | $3,000,000 | $1,000,000 |
Auto liability | $1,000,000 | per occurrence | |
Workers’ compensation | As required by state law | ||
Other | As required by state law | ||
Umbrella liability | $5,000,000 |
4.20.107.3.2. The cable administrator shall be noted on the endorsements and shall receive revised copies as available as well as thirty (30) day minimum advance written notice from the insurance carrier regarding any intent to cancel or materially change terms or coverage. Policies shall be "occurrence," not "claims made" type and shall be non-contributing with any insurance the city may elect to obtain. Coverage shall be obtained from carriers admitted to do business in California and holding a current best's rating of A+ VII or better. Failure to maintain the required insurance or to comply with the requirements of this section shall be a violation of the ordinance codified in this title and subject the franchise agreement to termination. In addition to the right to terminate a franchise agreement for failure to maintain the required insurance, the city shall have the right to purchase insurance, sufficient to meet the requirements of this section. The franchisee shall be responsible for reimbursing the city the cost of the insurance and any additional administrative costs. (Ord. 205 § 3, 2001)