Common use of Deductibles and Self-Insured Retention Clause in Contracts

Deductibles and Self-Insured Retention. Any deductibles or self-insured retention must be declared to, and approved by, the County. At the option of the County, either: the insurer shall reduce or eliminate such deductibles or self-insured retention as related to the County, its officials, officers, employees, and volunteers; or the Contractor shall procure a bond guaranteeing payment of related suits, losses, claims, and related investigation, claim administration and defense expenses.

Appears in 6 contracts

Samples: Annual Price Agreement for Various Model Year 2014 New Cars, Annual Price Agreement for Vehicles, Annual Price Agreement for Vehicle Purchase

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