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Xl. INSURANCE <br /> The Agency shall comply with the following insurance provisions: <br /> A. Liability Insurance <br /> The Agency and the Owner shall obtain and maintain continuously at their own <br /> expense, for the term of this AHTF Agreement, Commercial General Liability <br /> insurance to indemnify for the activities and services of this Agreement. Minimum <br /> limit of coverage shall be $1,000,000 per occurrence. Claims-made Commercial <br /> General Liability coverage will not be accepted. <br /> The City shall be named as an additional insured under the Agency's and Owner's <br /> Commercial General Liability insurance policies with respect to the work performed <br /> under this Agreement using ISO Additional Insured endorsement CG 20 10 10 01 <br /> and Additional Insured-Completed Operations endorsement CG 20 37 10 01 or <br /> substitute endorsements providing equivalent coverage. <br /> The Agency's and the Owner's insurance coverage shall be primary insurance as <br /> respects the City. Any insurance, self-insurance, or insurance pool coverage <br /> maintained by the City shall be excess of the Agency's insurance and shall not <br /> contribute with it. <br /> B. Property Insurance with Special Causes of Loss& Builders Risk Insurance <br /> From the date of commencement of construction of the Project, if the Premises are <br /> vacant land at the date of execution of this Agreement, or otherwise from the date of <br /> this Agreement, the Agency shall cause the Owner, at no expense to the City, to <br /> obtain and maintain a policy of Property Insurance with Special Causes of Loss and <br /> ensure that subcontractors obtain Builders Risk Insurance in the amount not less <br /> than the full replacement cost coverage. Said policy shall be maintained until the <br /> expiration or termination of this Agreement, as applicable. The City shall be named <br /> as an additional named insured on said policy/policies. <br /> C. Professional Services <br /> If the Agency or the Owner is providing a professional service, Professional Liability <br /> Insurance is required: a minimum limit of coverage shall be $1,000,000 per <br /> occurrence. The policy shall have a retroactive date prior to or coincident with the <br /> date of this Agreement, and the policy shall state the retroactive date. The Agency <br /> shall cause the Owner to maintain coverage for the duration of this Agreement and <br /> for a minimum of three (3) years following expiration or termination of this <br /> Agreement. The Agency shall cause the Owner to annually provide the City with <br /> proof of renewal. If renewal of the coverage becomes unavailable, or economically <br /> unavailable (i.e., premiums quoted exceed ten per cent (10%) of the limits of liability), <br /> the Agency shall cause the Owner to notify the City in writing of such unavailability <br /> and shall secure comparable coverage from another carrier acceptable to the City <br /> prior to expiration of the existing policy. <br /> City of Everett <br /> AHTF Agreement <br /> Washington Home of Your Own <br /> 13 Page 8 of 15 <br />