Common use of All Coverage Clause in Contracts

All Coverage. a. Each insurance policy required by this clause shall be endorsed to state that coverage shall not be suspended, voided, canceled by either party, reduced in coverage or in limits except after thirty (30) days' prior written notice has been given to the County. b. Insurance shall contain a provision requiring the insurance carriers to waive their rights of subrogation against County and all additional insured, as well as other insurance carriers for the Work. .4 Builder’s Risk (Course of Construction) Insurance: Contractor may submit evidence of Builder’s Risk insurance in the form of Course of Construction coverage. Such coverage shall name the County as a loss payee as their interest may appear. In the alternative, at the option of the County, an Installation Floater may be acceptable. In such case, a Property Installation Floater shall be obtained that provides for the improvement, remodel, modification, alteration, conversion or adjustment to existing buildings, structures, processes, machinery and equipment. The Property Installation Floater shall provide property damage coverage for any building, structure, machinery or equipment damaged, impaired, broken, or destroyed during the performance of the Work, including during transit, installation, and testing at the County’s site.”

Appears in 2 contracts

Sources: Agreement Between Owner and Contractor, Agreement Between Owner and Contractor