Equipment and Property Coverage. Subcontractor shall procure and maintain at its own expense property and equipment insurance for Subcontractor’s tools, equipment, temporary structures, work in progress, work in transit and/or in temporary storage, as well as those of its lower tier subcontractors and suppliers. If builder’s risk insurance is not provided by Owner or Direct Contractor, Subcontractor shall purchase and maintain installation floater coverage written to cover all risks of physical loss except those specifically excluded in the policy, and shall insure at least against the perils of fire and extended coverage, theft, vandalism, malicious mischief, and collapse. This insurance shall be written in an amount to provide full protection for Subcontractor’s work and equipment. This insurance shall apply on a replacement cost basis. Any deductible shall be the full responsibility of Subcontractor. If builder's risk insurance purchased by Owner(s) or Direct Contractor provides coverage for Subcontractor for loss or damage to Subcontractor’s work, Subcontractor shall be responsible for the insurance policy deductible amount applicable to damage to Subcontractor's work and/or damage to other work caused by Subcontractor.
Equipment and Property Coverage. SUBCONTRACTOR shall procure and maintain at its own expense property and equipment insurance for SUBCONTRACTOR’s tools, equipment, temporary structures, work in progress, work in transit and/or in temporary storage. If builders’ risk insurance is not provided by OWNER or PRESTON PIPELINES, SUBCONTRACTOR shall purchase and maintain installation floater coverage written to cover all risks of physical loss except those specifically excluded in the policy, and shall insure at least against the perils of fire and extended coverage, theft, vandalism, malicious mischief and collapse. This insurance shall be written in an amount to provide full protection for SUBCONTRACTOR’s work and equipment. This insurance shall apply on a replacement cost basis. Any deductible shall be the full responsibility of SUBCONTRACTOR.
Equipment and Property Coverage. Subcontractor shall procure and maintain at its own expense property and equipment insurance for Subcontractor’s tools, equipment, temporary structures, work in progress, work in transit and/or in temporary storage. If builders’ risk insurance is not provided by Owner or Contractor, Subcontractor shall purchase and maintain installation floater coverage written to cover all risks of physical loss except those specifically excluded in the policy, and shall insure at least against the perils of fire and extended coverage, theft, vandalism, malicious mischief and collapse. This insurance shall be written in an amount to provide full protection for Subcontractor’s work and equipment. This insurance shall apply on a replacement cost basis. Any deductible shall be the full responsibility of Subcontractor.
Equipment and Property Coverage. Subcontractor shall procure and maintain at its own expense property and equipment insurance for Subcontractor’s tools, equipment, temporary structures. If builder's risk insurance purchased by Owner or Contractor provides coverage for Subcontractor for loss or damage of Subcontractor's Work, Subcontractor shall be responsible for the insurance policy deductible amount applicable to damage to Subcontractor's Work and/or damage to other work caused by Subcontractor. If builders’ risk insurance is not provided by Owner or Contractor, Subcontractor shall purchase and maintain installation floater coverage written to cover all risks of physical loss and shall insure at least against the perils of fire, flood, earth movement and extended coverage, theft, vandalism, malicious mischief and collapse. This insurance shall be written in an amount to provide full protection for Subcontractor’s work and equipment including temporary structures, work in progress, work in transit and/or temporary storage. This insurance shall apply on a replacement cost basis. Any deductible shall be the full responsibility of Subcontractor.
Equipment and Property Coverage. TRUCKER shall procure and maintain at its own expense property and equipment insurance for TRUCKER’s tools, equipment, temporary structures, work in progress, work in transit and/or in temporary storage. If builders’ risk insurance is not provided by OWNER or PRESTON PIPELINES, TRUCKER shall purchase and maintain installation floater coverage written to cover all risks of physical loss except those specifically excluded in the policy, and shall insure at least against the perils of fire and extended coverage, theft, vandalism, malicious mischief and collapse. This insurance shall be written in an amount to provide full protection for TRUCKER’s work and equipment. This insurance shall apply on a replacement cost basis. Any deductible shall be the full responsibility of TRUCKER.
