Insurance Requirements.pdf

This document is an Exhibit A detailing Insurance Requirements for Contractors for the State of Louisiana, revised in March 2016. The document outlines comprehensive insurance requirements for contractors, specifying minimum insurance coverage across multiple categories including Workers Compensation, Commercial General Liability, and Automobile Liability. Key requirements include maintaining insurance against claims for injuries or property damage throughout the contract duration, with specific minimum coverage limits such as $2,000,000 for Commercial General Liability and $1,000,000 for Automobile Liability.

The insurance requirements mandate that all policies must be provided by companies legally authorized to do business in Louisiana, with an A.M. Best's rating of A-VI or higher. Contractors must furnish Certificates of Insurance to the Agency before work commences, with the State of Louisiana, the specific Agency, its Officers, Agents, Employees, and Volunteers to be listed as additional insureds. The document also includes provisions for policy cancellation notifications, subcontractor insurance verification, and detailed indemnification agreements that protect the State of Louisiana from potential liability arising from the contractor's work.