Insurance_Requirements.pdf

This is an Insurance Requirements exhibit for Invitation for Bid (IFB) 5184-26 issued by Seminole County, Florida for towing services related to junk and abandoned vehicle removal. The document establishes mandatory insurance coverage thresholds that bidders must maintain throughout the contract term. The county intends to remove junk and abandoned vehicles from both private and public property in accordance with Seminole County Code of Ordinances.

Bidders are required to obtain and maintain the following minimum insurance coverage: Workers' Compensation Insurance with statutory limits and Employers' Liability Insurance of $1,000,000 each for accident, disease aggregate, and disease per employee; Commercial General Liability Insurance with limits of $1,000,000 per occurrence, $2,000,000 general aggregate, $2,000,000 products and completed operations, and $1,000,000 personal and advertising injury; Business Automobile Liability Insurance with a combined single limit of $1,000,000 covering any auto or owned, hired, and non-owned autos; and Garagekeeper's Liability Insurance with limits of $1,000,000 per occurrence and $2,000,000 general aggregate. These insurance requirements serve as a baseline for contractor financial responsibility and risk management throughout the contract performance period.