Certificate of Insurance Instructions

REQUIREMENTS FOR CERTIFICATES OF INSURANCE:

All policies of insurance shall be issued by insurance companies licensed to do business in the state of Utah and either:

(a) Currently rated A- or better by A.M. Best Company; and
(a.1) for construction contracts only, the insurer must also have an A.M. Best Company financial size category rating of not less than VII.

—OR—

(b) Listed in the United States Treasury Department’s current Listing of Approved Sureties (Department Circular 570), as amended.

Any insurance coverage required herein that is written on a “claims made” form rather than on an “occurrence” form shall (i) provide full prior acts coverage or have a retroactive date effective before the date of this Agreement, and (ii) be maintained for a period of at least three (3) years following the end of the term of this Agreement or contain a comparable “extended discovery” clause. Evidence of current extended discovery coverage and the purchase options available upon policy termination shall be provided to the City.

All required certificates and policies shall provide that coverage thereunder shall not be canceled or modified without providing 30 days prior written notice to the City in a manner approved by the City Attorney.

Certificates of Insurance must:

1. be original & have an original or laser generated signature.

2. list Salt Lake City Corporation as “Certificate Holder”. Address is:

Salt Lake City Corporation
Contracts Division
451 South State Street, Room 235
Salt Lake City, UT 84111

FREQUENTLY REQUIRED INSURANCES FOR CONTRACTS:

Worker’s compensation and employer’s liability insurance sufficient to cover all of the Contractor's employees pursuant to Utah law. This requirement includes those who are doing business as an individual and/or as a sole proprietor as well as corporations and partnerships. In the event any work is subcontracted, the Contractor shall require its subcontractor(s) similarly to provide worker’s compensation insurance for all of the latter’s employees, unless a waiver of coverage is allowed and acquired pursuant to Utah law. 

Commercial general liability insurance with the City as an additional insured, in the minimum amount of $2,000,000 per occurrence with a $3,000,000 general aggregate and $3,000,000 products completed operations aggregate. These limits can be covered either under a CGL insurance policy alone, or a combination of a CGL insurance policy and an umbrella insurance policy and/or a CGL insurance policy and an excess insurance policy. The policy shall protect the City, the Contractor, and any subcontractor from claims for damages for personal injury, including accidental death, and from claims for property damage that may arise from the Contractor’s operations under this Agreement, whether performed by the Contractor itself, any subcontractor, or anyone directly or indirectly employed by either of them. Such insurance shall provide coverage for premises operations, acts of independent contractors, and completed operations.

Commercial automobile liability insurance that provides coverage for owned, hired, and non-owned automobiles, with the City as an additional insured, in the minimum amount of a combined single limit of $2,000,000 per occurrence OR $1,000,000 Liability per person, $2,000,000 Liability per occurrence, and $250,000 Property Damage. These limits can be reached either with a commercial automobile liability insurance policy alone, or with a combination of a commercial automobile liability insurance policy and an umbrella insurance policy and/or a commercial automobile liability insurance policy and an excess insurance policy.