Liability and insurance.

Greensboro Code of Ordinances § 7-51

in effect

Sec. 7-51. - Liability and insurance. (a) Certificate of insurance. Prior to commencement of construction, but in no event later than sixty (60) days after the effective date of the franchise and thereafter continuously throughout the duration of the franchise and any extensions or renewals thereof, the grantee shall furnish to the city, certificates of insurance, approved by the city, for all types of insurance required under this section. Failure to furnish said certificates of insurance in a timely manner shall constitute a violation of this chapter. (b) Filing. A certificate of insurance obtained by the grantee in compliance with this section shall be filed and maintained with the city clerk during the term of the franchise. (c) No liability limit. Neither the provisions of this section nor any damages recovered by the city hereunder, shall be construed to or limit the liability of the grantee for damages under any franchise issued hereunder. (d) Endorsement. All insurance policies maintained pursuant to this chapter or the franchise shall contain the following, or a comparable, endorsement: It is hereby understood and agreed that this insurance policy may not be modified or canceled by the insurance company nor [may] the intention not to renew be stated by the insurance company until thirty (30) days after receipt by the city's risk manager of a written notice, by registered mail, of such intention to cancel or not to renew. (e) State institution. All insurance policies provided under the provisions of this chapter or the franchise shall be written by companies authorized to do business in the state and approved by the state. (f) Names insured. At any time during the term of the franchise the city may request and the grantee shall comply with such request to include the city as an insured for all insurance policies written under the provisions of this chapter or the franchise. (g) Commercial general liability insurance. The grantee shall maintain, and by its acceptance of any franchise granted hereunder specifically agrees that it will maintain throughout the term of the franchise, general liability insurance insuring the grantee in the minimum [amount] of: (1) One million dollars ($1,000,000.00) for property damage per occurrence; (2) Two million dollars ($2,000,000.00) for property damage aggregate; (3) Five million dollars ($5,000,000.00) for personal bodily injury or death to any one (1) person; and (4) Ten million dollars ($10,000,000.00) bodily injury or death aggregate per single accident or annual aggregate. (h) Policy inclusions. Such general liability insurance must include coverage for all of the following: occurrence form, premises operations, explosion and collapse hazard, underground hazard, products/completed operations hazard, contractual insurance, broad form property damage, and personal injury. (i) Automobile liability insurance. The grantee shall maintain, and by its acceptance of any franchise granted hereunder specifically agrees that it will maintain throughout the term of the franchise, automobile liability insurance for owned, non-owned, or rented vehicles in the minimum amount of: (1) Two million dollars ($2,000,000.00) for bodily injury and consequent death, per occurrence; (2) One million dollars ($1,000,000.00) for bodily injury and consequent death to any one (1) person. (3) Five hundred thousand dollars ($500,000.00) for property damage per occurrence. (j) Worker's compensation and employer's liability insurance. The grantee shall maintain and by its acceptance of any franchise granted hereunder specifically agrees that it will maintain, throughout the term of the franchise, worker's compensation and employer's liability, valid in the state, in the minimum amount of: (1) Statutory limit for worker's compensation. (2) Five hundred thousand dollars ($500,000.00) for employer's liability. (k) No limitation on liability. None of the provisions of this chapter or any insurance policy required herein, or any damages recovered by the city hereunder, shall be construed to excuse the faithful performance by, or limit the liability of, the grantee under the provisions of this chapter or the franchise for damages either to the limits of such policies or otherwise. (Ord. No. 94-109, § 1, 10-24-94)

Source: City of Greensboro, North Carolina, Code of Ordinances and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/nc/greensboro/codes/code_of_ordinances?nodeId=COOR_CH7CACO_ARTIVBOININ_S7-51LIINFetched: 11/1/2026