Common use of Premiums and Deductible Clause in Contracts

Premiums and Deductible. Engineer shall be responsible for payment of premiums for all of the insurance coverages required under this section. Engineer further agrees that for each claim, suit or action made against insurance provided hereunder, with respect to all matters for which Engineer is responsible hereunder, Engineer shall be solely responsible for all deductibles and self-insured retentions. Any deductibles or self-insured retentions over $50,000 in Engineer’s insurance under A. (2) and (4) above must be declared and approved in writing by County in advance. Any deductibles or self-insured retentions over $250,000 in Engineer’s Workers’ Compensation coverage and any deductibles or self-insured retentions over $100,000 in Engineer’s Business Automobile Liability Insurance coverage must be declared and approved in writing by the County in advance.