Insurance Requirements.pdf

This document is an Exhibit A detailing Insurance Requirements for Contractors for the State of Louisiana, applicable across various state agencies, departments, and commissions. The document outlines comprehensive insurance coverage requirements for contractors, including mandatory minimum insurance types such as Workers Compensation, Commercial General Liability, and Automobile Liability. Key specifications include Workers Compensation insurance compliance with state law, a minimum general liability coverage of $2,000,000 per occurrence, and automobile liability with a $1,000,000 combined single limit per accident.

The insurance requirements mandate that all insurance policies 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, specific agency name, and project details listed as the Certificate Holder. The document also stipulates provisions for policy cancellation, subcontractor insurance verification, and specific indemnification and hold harmless agreements, emphasizing the contractor's responsibility to protect the state from potential liability arising from contract performance.