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10. CONTRACTOR'S INSURANCE <br />The CONTRACTOR, before starting work for the OWNER, must furnish to the <br />OWNER, Certificates of Insurance or other acceptable evidence from a reputable <br />insurance company or companies (such companies to be acceptable to the Owner) <br />licensed to write insurance in the State of Texas, showing that the CONTRACTOR is <br />covered by the insurance as follows: <br />(1) Statutorv Worker's Compensation Insurance with Employer's Liability <br />Insurance in the amount of $1 000,000. <br />(2) Comprehensive General Liability Insurance with a$1,000,000. Combined <br />Single Limit. <br />(3) Comprehensive Automobile Liability Insurance with a$1,000,000 Combined <br />Single Limit on all self-propelled vehicles used in connection with the <br />contract, whether owned, non-owned or hired. <br />(4) Umbrella Liabilitv Coverage: The insurance shall protect the Contractor and <br />additional insured against all claims in excess of the limits provided under <br />the employer's liability, comprehensive automobile liability, and commercial <br />general liability policies. The liability limits of the umbrella policy shall not be <br />less than $1,000,000.00. The policy shall be an "occurrence" type policy. <br />The Contractor will be required to furnish satisfactory certificates to the Owner for all <br />the above required coverage with the contract. Such certificates shall be from insurance <br />companies acceptable to the Owner, name the Owner as additional insured, provide <br />waiver of subrogation in favor of Owner and include 30 days written notice to the <br />Owner for cancellation or change in the coverage. The Certificates of Insurance must <br />verify that no endorsements limiting or reducing coverage for the additional insured <br />are a part of the liability policy contract. <br />The Contractor shall be responsible for insurance to cover equipment, tools, materials, <br />supplies, etc. used in the performance of work owned or rented, the capital value of <br />which is not included in the cost of this contract. <br />Insurance policies are to be written by companies authorized to do business under the <br />laws of the State of Texas and on forms approved by the State Board of Insurance of the <br />State of Texas. The Contractor shall provide the Owner a copy of all insurance policies. <br />SECTION II -3 <br />" 339 <br />