Permittee shall purchase and maintain, during the term of the Rental Agreement, insurance subject to the specifications set forth below to provide protection from any and all claims that may arise from operations or performance under this contract. All insurance companies must be rated A or A+ in the most recent Best’s Rating Guide of Property and Liability Insurance Companies.
The Permittee shall maintain general liability insurance in an amount not less than one million dollars ($1,000,000) per occurrence, two million dollars ($2,000,000) general aggregate, for bodily injury, per-sonal injury, and property damage. Permittee’s general liability policies shall be endorsed to provide that the City of Sonora, Sonora Chamber of Commerce, its officers, officials, agents, employees and volunteers shall be additional in-sureds under such policies. When alcohol is being served or sold, it is mandatory that the General Li-ability Policy include liquor Liability Coverage.
The Chamber must be furnished a rider or certificate, including policy endorsement or additional insured policy language not less than fourteen (14) Days prior to the event. Permittee may purchase special events insurance through the Chamber of Commerce.
Workers Compensation Insurance – Permittee shall maintain Workers’ Compensation Insurance (Statutory Limits) and Employer’s Liability Insurance with limits of at least one million dollars ($1,000,000). Permittee shall submit to the Chamber, along with the certificate of insurance, a Waiver of Subrogation endorsement in favor of the City, the Chamber, its officers, officials, agents, employees, and volunteers