Common use of Form and Amount Clause in Contracts

Form and Amount. Coverage for commercial general liability and automobile liability shall be at least as broad as the following: (1) Insurance Services Office (ISO) Commercial General Liability Coverage (Occurrence Form CG 00 01 04 13); (2) Insurance Services Office (ISO) Business Auto Coverage (Form CA 00 01 03 10 Symbol 1). The amount of insurance coverage shall not be less than $1,000,000.00 per occurrence with an aggregate no less than two (2) times the required per occurrence limit applying to bodily injury, personal injury, and property damage, or any combination of the three. Any deductibles must be declared to and approved by the District. At the option of the District, either: the insurer shall reduce or eliminate such deductibles as respects the entity, its officers, officials, employees and volunteers; or the subcontractor shall procure a bond guaranteeing payment of losses and related investigations, claim administration expenses, and defense expenses.

Form and Amount. Coverage for commercial general liability and automobile liability shall be at least as broad as the following: (1) Insurance Services Office (ISO) Commercial General Liability Coverage (Occurrence Form CG 00 01 04 13); (2) Insurance Services Office (ISO) Business Auto Coverage (Form CA 00 01 03 10 63 01 Symbol 1). The amount of insurance coverage shall not be less than $1,000,000.00 5,000,000.00 per occurrence with an aggregate no less than two (2) times the required per occurrence limit applying to bodily injury, personal injury, and property damage, or any combination of the three. Any deductibles must be declared to and approved by the District. At the option of the District, either: the insurer shall reduce or eliminate such deductibles as respects the entity, its officers, officials, employees and volunteers; or the subcontractor Contractor shall procure a bond guaranteeing payment of losses and related investigations, claim administration expenses, and defense expenses.