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7.1.2 General Liability insurance with minimum combined single limits of ONE MILLION <br /> DOLLARS ($1,000,000) each occurrence and TWO MILLION DOLLARS <br /> ($2,000,000) aggregate. The policy shall include the City of Louisville, its officers and <br /> its employees, as additional insureds, with primary coverage as respects the City of <br /> Louisville, its officers and its employees, and shall contain a severability of interests <br /> provision. <br /> 7.1.3 Comprehensive Automobile Liability insurance with minimum combined single limits <br /> for bodily injury and property damage of not less than ONE HUNDRED AND FIFTY <br /> THOUSAND DOLLARS ($150,000) per person in any one occurrence and SIX <br /> HUNDRED THOUSAND DOLLARS ($600,000) for two or more persons in any one <br /> occurrence, and auto property damage insurance of at least FIFTY THOUSAND <br /> DOLLARS ($50,000) per occurrence, with respect to each of Contractor's owned, hired <br /> or non -owned vehicles assigned to or used in performance of the Services. If the <br /> Contractor has no owned automobiles, the requirements of this paragraph shall be met <br /> by each officer or employee of the Contractor providing services to the City of <br /> Louisville under this contract. <br /> 7.1.4 Professional Liability coverage with minimum combined single limits of ONE <br /> MILLION DOLLARS ($1,000,000) each occurrence and TWO MILLION DOLLARS <br /> ($2,000,000) aggregate. <br /> 7.2 The Contractor's general Liability insurance and automobile liability and automobile physical <br /> damage insurance shall be endorsed to include the City, and its elected and appointed <br /> officers and employees, as additional insureds, unless the City in its sole discretion waives <br /> such requirement. Every policy required above shall be primary insurance, and any <br /> insurance carried by the City, its officers, or its employees, shall be excess and not <br /> contributory insurance to that provided by the Contractor. Such policies shall contain a <br /> severability of interests provision. The Contractor shall be solely responsible for any <br /> deductible losses under each of the policies required above. <br /> 7.3 Certificates of insurance shall be provided by the Contractor as evidence that policies <br /> providing the required coverages, conditions, and minimum limits are in full force and effect, <br /> and shall be subject to re :vie'w and approval by the City. No required coverage shall be <br /> cancelled, terminated or materially changed until at least 30 days prior written notice has <br /> been given to the City. The City reserves the right to request and receive a certified copy of <br /> any policy and any endorsement thereto. <br /> 7.4 Failure on the part of the Contractor to procure or maintain policies providing the required <br /> coverages, conditions, and minimum limits shall constitute a material breach of contract <br /> upon which the City may immediately terminate this Agreement, or at its discretion may <br /> procure or renew any such policy or any extended reporting period thereto and may pay any <br /> and all premiums in connection therewith, and all monies so paid by the City shall be repaid <br /> by Contractor to the City upon demand, or the City may offset the cost of the premiums <br /> against any monies due to Contractor from the City. <br /> 3 <br />