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Said policy or policies of insurance shall provide coverage <br /> for both bodily injury and property damage in not less that the <br /> following minimum amount: One Hundred Million Dollars <br /> ($100, 000, 000. 00) combined single limit and, in addition, Ten <br /> Million Dollars ($10, 000, 000. 00) of Environmental Impairment <br /> Liability coverage for bodily injury, property damage and cleanup <br /> costs as it relates to the transportation of Solid Waste. Said <br /> insurance shall protect CONTRACTOR and CITY from any claim for <br /> damages for bodily injury, including accidental death, as well as <br /> from any claim for property damage which may arise from operations <br /> performed pursuant to this Agreement, whether such operations be by <br /> CONTRACTOR itself, or by its agents, employees, and/or <br /> subcontractors. Such policy or policies shall contain severability <br /> of interests clauses so that the rights and duties of the CITY are <br /> clearly separate from CONTRACTOR' s interests. Said policy or <br /> policies shall also contain a provision that no termination, <br /> cancellation or change of coverage of insured or additional insured <br /> shall be effective until after thirty (30) days prior written <br /> notice by certified mail thereof has been given to CITY. <br /> CONTRACTOR shall give CITY prompt and timely notice of any claim <br /> made or suit instituted. <br /> (f) Insurance Responsibility for CITY Owned Solid Waste <br /> Collection and Recycling Vehicles: This Agreement expressly and <br /> absolutely transfers the entire responsibility for any and all <br /> damage to the CITY owned Solid Waste collection and Recycling <br /> vehicles, and any and all liability arising out of the use of such <br /> vehicles, directly and completely to CONTRACTOR. This same <br /> transfer includes the requirement that CONTRACTOR has expressly <br /> agreed to be contractually, fully and completely responsible for <br /> complying with all of the State of California' s Motor Vehicle <br /> Insurance laws, rules and regulations. To be more specific, this <br /> includes having CONTRACTOR insure each and every CITY Solid Waste <br /> collection and Recycling vehicle for auto liability and physical <br /> damage, including both collision and comprehensive insurance. The <br /> amount of auto liability insurance shall be not less than One <br /> Hundred Million Dollars ($100, 000, 000. 00) combined single limit, <br /> covering auto bodily injury and property damage for owned, non- <br /> owned and hired vehicles. Collision and Comprehensive coverage <br /> shall be insured on an actual cash value basis. If the physical <br /> damage insurance is insured on a loss-limit basis, the loss limit <br /> shall be equal to or exceed the actual cash value of all of the <br /> CITY Solid Waste collection and Recycling vehicles. Insurers shall <br /> be currently rated by A.M. Best Company with a minimum rating at A <br /> VII. The policy or policies shall contain severability of interest <br /> clauses so that the right and duties of the CITY are clearly <br /> separate from CONTRACTOR' s interests. The CITY, its officers, <br /> agents and employees shall be additional insureds. CONTRACTOR will <br /> verify to CITY that adequate funds are available to pay any <br /> liability Self-Insured Retention, collision and comprehensive <br /> deductibles, or other self-insurance plans approved by the CITY. <br /> Ninety (90) days or more of prior notice for material change in <br /> coverage, exclusions and conditions or cancellation will be <br /> 34 <br />