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in the event of non -appropriation, this Agreement shall terminate effective December 31 <br />of the then -current fiscal year. <br />7.0 INSURANCE <br />7.1 The Contractor agrees to procure and maintain, at its own cost, the policies of insurance <br />set forth in Subsections 7.1.1 through 7.1.4. The Contractor shall not be relieved of any <br />liability, claims, demands, or other obligations assumed pursuant to this Agreement by <br />reason of its failure to procure or maintain insurance, or by reason of its failure to procure <br />or maintain insurance in sufficient amounts, durations, or types. The coverages required <br />below shall be procured and maintained with forms and insurers acceptable to the City. <br />All coverages shall be continuously maintained from the date of commencement of <br />Services hereunder. The required coverages are: <br />7.1.1 Workers' Compensation insurance as required by the Labor Code of the State of <br />Colorado and Employers Liability Insurance. Evidence of qualified self -insured <br />status may be substituted. <br />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 <br />and its employees, as additional insureds, with primary coverage as respects the City <br />of 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 <br />limits for bodily injury and property damage of not less than THREE HUNDRED <br />AND FIFTY THOUSAND DOLLARS ($350,000) per person in any one occurrence <br />and ONE MILLION DOLLARS ($1,000,000) 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, <br />hired or non -owned vehicles assigned to or used in performance of the Services. If <br />the Contractor has no owned automobiles, the requirements of this paragraph shall be <br />met 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 claim and TWO MILLION DOLLARS <br />($2,000,000) aggregate. <br />7.2 The Contractor's general liability insurance and automobile liability and physical damage <br />insurance shall be endorsed to include the City, and its elected and appointed officers and <br />employees, as additional insureds, unless the City in its sole discretion waives such <br />requirement. Every policy required above shall be primary insurance, and any insurance <br />carried by the City, its officers, or its employees, shall be excess and not contributory <br />insurance to that provided by the Contractor. Such policies shall contain a severability of <br />