5.18.060 Insurance.
No certificate of public convenience and necessity shall be issued or continued in operation unless there is in full force and effect and covering each vehicle classified hereunder a policy of insurance in such form as the Council of the City of Sebastopol shall deem proper, executed by an insurance company approved by said Council, which policy shall be in the form that meets all current City insurance limits and requirements as set forth by the City’s insurance provider and City policy.
A. Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. At the option of the City, either the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its officers, officials, employees and volunteers, or the owner shall provide a financial guarantee satisfactory to the City guaranteeing payment of losses and related investigations, claim administration and defense expenses.
B. Other Insurance Provisions.
1. All required general liability and automobile liability policies are to contain, or be endorsed to contain, the following provisions:
a. The named additional insured with respect to this permit shall include the following: the City of Sebastopol, its officers, officials, employees and volunteers.
b. The named additional insured are to be covered as insureds with respect to liability arising out of automobiles owned, leased, hired or borrowed by or on behalf of the owner, and with respect to liability arising out of work or operations performed by or on behalf of the owner including materials, parts or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endorsement to the owner’s insurance, or as a separate owner’s policy.
c. For any claims related to this project, the owner’s insurance coverage shall be primary insurance as respects the named additional insured. Any insurance or self-insurance maintained by the named additional insured shall be excess of the owner’s insurance and shall not contribute with it.
d. Each insurance policy required by this clause shall be endorsed to state that coverage shall not be canceled by either party, except after 30 days’ prior written notice by certified mail, return receipt requested, has been given to the City.
2. Workers’ compensation insurance as required by the State of California and employer’s liability is to be provided. A waiver of subrogation endorsement is required on workers’ compensation insurance.
C. Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best’s rating of no less than A:VII.
D. Verification of Coverage. The owner shall furnish the City with original certificates and amendatory endorsements affecting the coverage required by this clause. The endorsements should be on forms provided by the City or on other than the City’s forms or a separate owner’s policy, provided those forms or policies are approved by the City and amended to conform to the City’s requirements. All certificates and endorsements are to be received and approved by the City before the permit is executed by the City. The City reserves the right to require complete, certified copies of all required insurance policies, including endorsements affecting the coverage required by these specifications at any time.
All certificates and endorsements shall reference the appropriate policy number, names of insured, and shall be signed by an authorized representative of the insurer.