Insurance Requirements

Insurance Policies: Throughout the Term of this Agreement and extending for a period of twelve (12) months thereafter, the Contractor shall maintain, at its own expense, the following insurance policies with coverage limits not less than the minimums specified below:

  • Commercial General Liability (CGL) Insurance: This policy shall include coverage for Products-Completed Operations, Personal and Advertising Injury, Property Damage, and Contractual Liability that is applicable to the indemnity obligations under this Agreement. The minimum limits shall be one million dollars ($1,000,000) per occurrence and two million dollars ($2,000,000) in the aggregate.
  • Workers’ Compensation Insurance: Coverage shall meet or exceed the statutory limits required by the jurisdiction in which the Contractor operates and shall include Employer’s Liability Insurance.
  • Automobile Liability Insurance: The Contractor shall maintain Automobile Liability Insurance with limits that are the greater of the Contractor’s existing policy limits or the minimum limits required by law.

Additional Insured: Adapy, Inc. and its Affiliates shall be named as additional insureds on the CGL policy, and such additional insured status shall be evidenced by a Certificate of Insurance to be furnished to Adapy, Inc. upon request.

Send a copy of the “Certificate of Insurance” to: DealerServices@adapy.com

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