Section 290-RICR-20-00-4.8 - Insurance RequirementsA. The Permittee or the Permittee's contractor will obtain and carry for the period of time required for the completion of the work associated with the Permit, including the repair and restoration of the State Highway Right-of-Way, and also during such future periods of time when operations are performed involving the repair, relocation, or removal of any work associated with the Permit, a liability and property damage insurance policy or policies which indemnify, defend, and hold the Department harmless from any damages arising out of operations associated with the Permit.B. The said insurance will provide, as a minimum, coverage in the following amounts: $500,000.00 for property damage resulting from any single occurrence ($1,000,000.00 aggregate) and $500,000.00 for the death or injury of any person, subject to a limit of $1,000,000.00 for injuries or deaths resulting from any single occurrence.C. The said insurance policy, or policies, will be with an insurance company authorized and licensed to do business in the State of Rhode Island.D. A copy of the policy, or policies, or certificate evidencing the same, will be submitted to the Department for approval prior to the issuance of any Permit. The Department will be named as an additional insured on all policies. The Department, in its sole discretion, may waive the requirement for insurance.290 R.I. Code R. 290-RICR-20-00-4.8
Amended effective 11/28/2018