Contractor/Moving Company, at its sole cost and expense, must carry and maintain the following insurance coverage with insurance companies authorized to do business within the District of Columbia, with a minimum A.M. Best rating of A8. Before commencing work, Contractor/Moving Company shall furnish Manager with certificate(s) of said insurance policy or policies and shall assume responsibility for placement and renewal of all such policies.
- Commercial general liability insurance, on an occurrence form, adequate to protect the interest of the parties hereto; shall name Manager, Asset Manager and Owner as additional insureds; and shall be the primary liability insurance for all claims or liabilities arising from, or incidental to this Contract. General liability risks and key exposures to be covered shall include, but not be limited to, the premises and Contractor's operations in connection with the Property, blanket contractual, personal injury, and completed operations. The limits of each policy shall be not less than $1,000,000 per occurrence for bodily injury, personal injury and property damage;
- Automobile liability insurance, including bodily injury and property damage combined; in an amount not less than $1,000,000 each occurrence; which shall name the Owner, Asset Manager and Manager as additional insureds as to the liabilities arising from the actions of the Contractor, or its agents, employees or subcontractors; and shall be primary and not excess over any liability policy carried by Owner, Asset Manager or Manager;
- Worker's Compensation insurance in full compliance with all applicable state and federal laws and regulations covering all employees of Contractor. Coverage shall include employer's liability insurance in an amount equal to statutory limits. Such policy shall contain a waiver of subrogation as to the Owner, Asset Manager and Manager;
- Umbrella liability insurance written on an occurrence form; providing coverage in an amount of not less than $2,000,000. Such insurance shall be in excess of all liability coverage required herein and shall name the Owner, Asset Manager and Manager as additional insureds.
To the extent that the Contractor employs, utilizes or contracts with subcontractors and/or independent contractors for some or all of the services to be provided hereunder and pursuant to the Contract, the Contractor shall require such subcontractors and/or independent contractors to comply with the same insurance requirements as set forth above.