§ 18.304. Minimum liability insurance requirement.

Sec. 3.04. 

a)

All haulers shall provide proof of minimum liability insurance when working in the local unit as follows:

1)

Commercial general liability (including contractual liability, independent contractors' coverage, and broad form general liability extensions)

Personal/bodily injury:	$1,000,000.00 each person
	$1,000,000.00 each accident
Property damage:	$1,000,000.00 each accident
	$1,000,000.00 each aggregate

 

2)

Motor vehicle liability (including hired cars and auto non-ownership)

Bodily injury:	$1,000,000.00 each person
	$1,000,000.00 each occurrence
Property damage:	$1,000,000.00 each accident
	$1,000,000.00 each aggregate

 

b)

The insurance company(s) providing the above insurance to the hauler must be licensed to do business in the State of Michigan, recognized by the Michigan Insurance Bureau, and have a rating in the latest Best rating of B+ or better.

c)

The insurance policy shall include an endorsement stating that it is understood and agreed by the hauler and its insurance company that 30 days' advance written notice of cancellation, non-renewal, reduction, and/or material change of the insurance policy shall be sent to the licensing agent and local unit.