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W.A. RASIC CONSTRUCTION COMPANY, INC. (3)
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W.A. RASIC CONSTRUCTION COMPANY, INC. (3)
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Last modified
7/29/2024 11:11:08 AM
Creation date
7/29/2024 11:10:05 AM
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Contracts
Company Name
W.A. RASIC CONSTRUCTION COMPANY, INC.
Contract #
A-2021-132-01A
Agency
Public Works
Council Approval Date
7/20/2021
Expiration Date
7/19/2026
Insurance Exp Date
5/1/2025
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COMMERCIAL GENERAL LIABILITY <br />POLICY NUMBER: DT22-CO-8670X247-TCT-24 <br />c. Method Of Sharing <br />a. The statements in the Declarations are <br />If all of the other insurance permits contribution <br />accurate and complete; <br />by equal shares, we will follow this method also. <br />b. Those statements are based upon <br />Under this approach each insurer contributes <br />representations you made to us; and <br />equal amounts until it has paid its applicable <br />c. We have issued this policy in reliance upon <br />limit of insurance or none of the loss remains, <br />your representations. <br />whichever comes first. <br />The unintentional omission of, or unintentional error <br />If any of the other insurance does not permit <br />in, any information provided by you which we relied <br />contribution by equal shares, we will contribute <br />upon in issuing this policy will not prejudice your <br />by limits. Under this method, each insurer's <br />rights under this insurance. However, this provision <br />share is based on the ratio of its applicable limit <br />does not affect our right to collect additional <br />of insurance to the total applicable limits of <br />premium or to exercise our rights of cancellation or <br />insurance of all insurers. <br />nonrenewal in accordance with applicable insurance <br />OPrimary And Non -Contributory Insurance If <br />laws or regulations. <br />Required By Written Contract <br />7. Separation Of Insureds <br />If you specifically agree in a written contract or <br />Except with respect to the Limits of Insurance, and <br />agreement that the insurance afforded to an <br />any rights or duties specifically assigned in this <br />insured under this Coverage Part must apply on <br />Coverage Part to the first Named Insured, this <br />a primary basis, or a primary and non- <br />insurance applies: <br />contributory basis, this insurance is primary to <br />other insurance that is available to such insured <br />a. As if each Named Insured were the only <br />y <br />which covers such insured as a named insured, <br />Named Insured; and <br />and we will not share with that other insurance, <br />b. Separately to each insured against whom claim <br />provided that: <br />is made or "suit" is brought. <br />(1) The "bodily injury" or "property damage" for <br />8• Transfer Of Rights Of Recovery Against Others <br />which coverage is sought occurs; and <br />To Us <br />(2) The "personal and advertising injury' for <br />If the insured has rights to recover all or part of any <br />which coverage is sought is caused by an <br />payment we have made under this Coverage Part, <br />offense that is committed; <br />those rights are transferred to us. The insured must <br />subsequent to the signing of that contract or <br />do nothing after loss to impair them. At our request, <br />agreement by you. <br />the insured will bring "suit" or transfer those rights <br />to us and help us enforce them. <br />5. Premium Audit <br />9. When We Do Not Renew <br />a. We will compute all premiums for this Coverage <br />If we decide not to renew this Coverage Part, we will <br />Partin accordance with our rules and rates. <br />mail or deliver to the first Named Insured shown in <br />b. Premium shown in this Coverage Part as <br />the Declarations written notice of the nonrenewal <br />advance premium is a deposit premium only. At <br />not less than 30 days before the expiration date. <br />the close of each audit period we will compute <br />the earned premium for that period and send <br />If notice is mailed, proof of mailing will be sufficient <br />notice to the first Named Insured. The due date <br />proof of notice. <br />for audit and retrospective premiums is the date <br />SECTION V — DEFINITIONS <br />shown as the due date on the bill. If the sum of <br />1. "Advertisement" means a notice that is broadcast or <br />the advance and audit premiums paid for the <br />published to the general public or specific market <br />policy period is greater than the earned <br />segments about your goods, products or services <br />premium, we will return the excess to the first <br />for the purpose of attracting customers or <br />Named Insured. <br />supporters. Forthe purposes of this definition: <br />c. The first Named Insured must keep records of <br />a. Notices that are published include material <br />the information we need for premium <br />placed on the Internet or on similar electronic <br />computation, and send us copies at such times <br />means of communication; and <br />as we may request. <br />It. Regarding websites, only that part of a website <br />6. Representations <br />that is about your goods, products or services <br />By accepting this policy, you agree: <br />for the purposes of c <br />supporters is considere RIAMwagemerdDivision <br />o' ..' \., riEVIE &APPROMMBY.- <br />Page 16 of 21 ® 2017 The Travelers Indemnity <br />Company. All rights resewed. Risk Mans ement S e <br />9 n damt <br />Includes copyrighted material of Insurance <br />services Office, Inc. with its permission <br />
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