Business Auto Policy definition

Business Auto Policy. As applicable, the Contractor shall maintain business auto liability and, if necessary, commercial umbrella liability insurance with a limit not less than $1,000,000 per accident. Such insurance shall cover liability arising out of “Any Auto.” Business auto coverage shall be written on ISO form CA 00 01, 1990 or later edition, or substitute liability form providing equivalent coverage. Employers Liability (“Stop Gap”) Insurance: In addition, the Contractor shall buy employers liability insurance and, if necessary, commercial umbrella liability insurance with limits not less than $1,000,000 each accident for bodily injury by accident or $1,000,000 each employee for bodily injury by disease. Additional Provisions Above insurance policy shall include the following provisions: Additional Insured. Xxxxxxx Community College, its appointed officials, agents and employees shall be named as an additional insured on all general liability, excess, umbrella and property insurance policies. All insurance provided in compliance with this contract shall be primary as to any other insurance or self-insurance programs afforded to or maintained by the State.
Business Auto Policy. As applicable, the Consultant shall maintain business auto liability and, if necessary, commercial umbrella liability insurance with a limit not less than $1,000,000 per accident. Such insurance shall cover liability arising out of “Any Auto.” Business auto coverage shall be written on ISO form CA 00 01, 1990 or later edition, or substitute liability form providing equivalent coverage. Professional Liability Insurance (also referred to as Errors and Omissions): Agreements requiring professional services such as, but not limited to: engineering design or surveying, architectural services, software services, information technology services, environmental services, real estate management, legal services, or financial advisory services, may require Professional Liability insurance coverage. If required, Consultant shall provide Professional Liability (E&O) insurance in an amount not less than $1 Million per claim or wrongful act and $2 Million in the policy aggregate on a practice policy to cover the Consultant and its employees. Consultant may choose to provide a project specific policy, in lieu of a practice policy, in which case the insurance shall be in an amount not less than two times the project’s Maximum Allowable Construction Cost (MACC) per claim or wrongful act and in the policy aggregate. Sub- consultants retained by Consultant who are performing professional services, shall either be added onto the policy of the Consultant, or, sub-consultant shall provide and obtain a similar policy of Professional Liability insurance coverage that covers the Sub-consultant and its employees. When a self-insured retention (SIR) or deductible exceeds $25,000, State Parks reserves the right, but not the obligation, to review and request a copy of the Consultant’s most recent annual report or audited financial statement. If coverage is to be provided on a claims-made basis, the Consultant shall warrant that any policy retroactive date precedes the effective date of this Agreement. In addition, continuous coverage must be maintained throughout the Agreement and for one year beyond the completion of the Agreement, or the Consultant shall purchase an extended discovery period policy for not less than one year from the completion of work.
Business Auto Policy. With minimum limits of $300,000 Per Occurrence Combined Single Limit for Bodily Injury Liability and Property Damage Liability. This shall include Owned Vehicles, Hired and Non-Owned Vehicles and Employee Non-Ownership.

Examples of Business Auto Policy in a sentence

  • If the contractor does not own vehicles, the contractor shall maintain coverage for Hired & Non-Owned Auto Liability, which may be satisfied by way of endorsement to the Commercial General Liability policy or separate Business Auto Policy.

  • The coverage shall include Owned, Hired, and Non-Owned Autos (Symbol "1" should be designated for Liability coverage on the Business Auto Policy).

  • Such insurance shall be no more restrictive than that provided by Section II (Liability Coverage) of the most recent version of standard Business Auto Policy (ISO Form CA 00 01) without any restrictive endorsements, including coverage for liability contractually assumed, and shall cover all owned, non-owned, and hired autos used in connection with the performance of the Contract.

  • Business Auto Policy: As applicable, the Contractor shall maintain business auto liability and, if necessary, commercial umbrella liability insurance with a limit not less than $1,000,000 per accident.

  • Business Auto Policy: Shall have minimum limits of $1,000,000 per occurrence combined single limit for bodily injury liability and property damage liability.

  • The primary insurance for the vehicle is a Business Auto Policy or Commercial Vehicle Policy.

  • Business Auto Policy (BAP) Insurance: CONTRACTOR shall purchase and maintain business auto insurance and if necessary, commercial umbrella liability insurance with a limit of not less than $1,000,000 per accident, with such insurance covering liability arising out of "Any Auto".

  • Business Auto Policy Designated Insured Endorsement form CA 20 48 or equivalent.

  • The Business Auto Policy must show Symbol 1 in the Covered Autos portion of the liability section in Item 2 of the declarations page.

  • Business Auto Policy to include but not be limited to liability coverage on any owned, non- owned and hired vehicle used by Proposer or Proposer’s personnel in the performance of this Contract.


More Definitions of Business Auto Policy

Business Auto Policy. As applicable, the Record Keeper will maintain business auto liability and, if necessary, commercial umbrella liability insurance with a limit not less than $1,000,000 per accident. Such insurance will cover liability arising out of “Any Auto”. Business auto coverage will be written on ISO form CA 00 01, 1990 or later edition, or substitute liability form providing equivalent coverage. EMPLOYER’S LIABILITY (“STOP GAP”) INSURANCE In addition, the Record Keeper will buy employer’s liability insurance and, if necessary, commercial umbrella liability insurance with limits not less than $1,000,000 each accident for bodily injury by accident or $1,000,000 each employee for bodily injury by disease. ADDITIONAL PROVISIONS Above insurance policy will include the following provisions:  Additional Insured. DRS, its elected and appointed officials, agents and employees will be named as an additional insured on all general liability, excess, umbrella and property insurance policies. All insurance provided in compliance with this contract will be primary as to any other insurance or self-insurance programs afforded to or maintained by the state.  Cancellation. DRS will be provided written notice before cancellation or non- renewal of any insurance referred to therein, in accord with the following specifications. Insurers subject to 48.18 RCW (Admitted and Regulation by the Insurance Commissioner): The insurer will give DRS forty-five (45) Calendar Days advance notice of cancellation or non-renewal. If cancellation is due to non-payment of premium, DRS will be given ten (10) Calendar Days advance notice of cancellation. Insurers subject to 48.15 RCW (Surplus lines): DRS will be given twenty (20) Calendar Days advance notice of cancellation. If cancellation is due to non-payment of premium, DRS will be given ten (10) Calendar Days advance notice of cancellation. The Record Keeper will also provide written notice to DRS before cancellation or non-renewal of any insurance referred to therein, in accord with the following specifications. The Record Keeper will give DRS forty-five (45) Calendar Days advance notice of cancellation or non-renewal. If cancellation is due to non-payment of premium, DRS will be given ten (10) Calendar Days advance notice of cancellation.  Identification. Policy must reference the state’s contract number and DRS name.  Insurance Carrier Rating. All insurance and bonds should be issued by companies admitted to do business within the state of Was...
Business Auto Policy. As applicable, the Contractor shall maintain business auto liability and, if necessary, commercial umbrella liability insurance with a limit not less than $1,000,000 per accident. Such insurance shall cover liability arising out of “Any Auto.” Business auto coverage shall be written on ISO form CA 00 01, 1990 or later edition, or substitute liability form providing equivalent coverage.

Related to Business Auto Policy

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • R&W Policy means that certain representations and warranties insurance policy issued by the R&W Insurer to the Buyer.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Support Services Policy means Elastic’s support services policy for a Product, as further described at a URL referenced in an applicable Addendum.

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Blanket insurance policy means a group policy covering a defined class of

  • Investment Policies has the meaning assigned to such term in Section 3.11(c).

  • The Policy means any insurance policy held by the Landlord for the Property or the Fixtures and Fittings.

  • Policy means Related Party Transaction Policy.

  • Fair Use Policy means the fair use policy governing the Support Services attached in Exhibit 1, as may be amended by WSP from time to time.

  • general insurance business means any class of insurance business other than long-term insurance business;