Common use of The Contractor’s Insurance Clause in Contracts

The Contractor’s Insurance. The Contractor must get and keep in force the following insurance policies (“Contractor’s Insurance”): (i) a builder’s all risk insurance policy (with a mortgagee’s loss payable clause in favor of Lender and with a physical loss form endorsement), without co-insurance, in an amount not less than one hundred percent (100%) of the replacement cost of the Improvements, with the standard conditions; (ii) public liability insurance with limits of liability equal to at least $500,000 per occurrence; (iii) workers’ compensation insurance as required by applicable state law; (iv) automobile liability insurance with limits of liability equal to at least $300,000 per occurrence for each vehicle that will be used in providing the services hereunder; and (v) other insurance as is appropriate for the Work being performed. The Contractor’s Insurance will be in force until I accept the Improvements.

The Contractor’s Insurance. The Contractor must get and keep in force the following insurance policies (“Contractor’s Insurance”): (i) a builder’s all risk insurance policy (with a mortgagee’s loss payable clause in favor of Lender Xxxxxx and with a physical loss form endorsement), without co-insurance, in an amount not less than one hundred percent (100%) of the replacement cost of the Improvements, with the standard conditions; (ii) public liability insurance with limits of liability equal to at least $500,000 per occurrence; (iii) workers’ compensation insurance as required by applicable state law; (iv) automobile liability insurance with limits of liability equal to at least $300,000 per occurrence for each vehicle that will be used in providing the services hereunder; and (v) other insurance as is appropriate for the Work being performed. The Contractor’s Insurance will be in force until I accept the Improvements.

The Contractor’s Insurance. The Contractor must get and keep in force the following insurance policies (“Contractor’s Insurance”): (i) a builder’s all risk insurance policy (with a mortgagee’s loss payable clause in favor of Lender and with a physical loss form endorsement), without co-insurance, in an amount not less than one hundred percent (100%) of the replacement cost of the Improvements, with the standard conditions; (ii) public liability insurance with limits of liability equal to at least $500,000 per occurrence; (iii) workers’ compensation insurance as required by applicable state law; and (iv) automobile liability insurance with limits of liability equal to at least $300,000 per occurrence for each vehicle that will be used in providing the services hereunder; and (v) other insurance as is appropriate for the Work being performedoccurrence. The Contractor’s Insurance will be in force until I accept the Improvements.