Common use of Minimum Insurance Requirements Clause in Contracts

Minimum Insurance Requirements. Contractor shall obtain and maintain, and shall require that each Subcontractor obtain and maintain, the policies of insurance or equivalent program of self- insurance and limits as shown below. The insurance coverages and limits of liability shown are the minimum insurance requirements in this Agreement. Such coverage shall be maintained for a period not less than ten (10) years following the date of substantial completion of the project. Should Contractor or any Subcontractor maintain insurance policies with broader coverage and limits of liability that exceed these minimum coverage and limits requirements those broader coverages and higher limits shall be deemed to apply for the benefit of the District and those coverages and limits shall become the required minimum limits of insurance and coverage in all sections of this Agreement.

Minimum Insurance Requirements. Contractor shall obtain and maintain, and shall require that each Subcontractor obtain and maintain, the policies of insurance or equivalent program of self- insurance coverage and limits as shown below. The insurance coverages and limits of liability shown are the minimum insurance requirements in this Agreement. Such coverage Coverage shall be maintained for a period not less than ten (10) years following the date of substantial completion of the project. Should Contractor or any Subcontractor maintain insurance policies with broader coverage and limits of liability that exceed these minimum coverage and limits requirements that are broader than as outlined below, those broader coverages and higher limits shall be deemed to apply for the benefit of the District and those coverages and limits shall become the required minimum limits of insurance and coverage in all sections of this Agreement.