Insurance Requirements for Licensees
Licensee shall, at its own expense, secure and maintain in full force and effect during the term of this Agreement, the following minimum insurance coverages. Said insurance must be with an Insurance Company licensed to do business in the District of Columbia and have an A- rating or higher with AM Best.
- A comprehensive general liability insurance policy with a limit of not less than Two Million Dollars ($2,000,000.00) per occurrence for bodily injury, property damage and contractual liability. Such policy or policies will evidence coverage for personal injury, advertising injury and fire legal.
- Comprehensive automobile liability coverage for all owned, non-owned, and hired vehicles with bodily injury limits of no less than One Million Dollars ($1,000,000.00) per person, One Million Dollars ($1,000,00.00) per accident and property damage limits of no less than One Million Dollars ($1,000,000.00) per accident.
- Worker's compensation coverage as required by District of Columbia law and employer's liability insurance in the amount of Five Hundred Thousand Dollars ($500,000.00).
For events that will serve alcohol: Dram Shop Insurance. Dram shop coverage having a minimum policy limit of Two Million Dollars ($2,000,000.00).
Licensee shall provide Licensor with certificates evidencing such insurance and, except for workers compensation coverage, and shall name, as additional insureds, the Downtown Events Corporation, Downtown DC Business Improvement District, Washington Convention Center Authority, the District of Columbia, any and all vendors, sponsors and corporations or entities associated with event and their parent, related and affiliate companies, and the officers, directors, employees, agents, representatives, successors, and assigns.
These certificates shall be provided a minimum of ten (10) days prior to the event.
Additionally, all vendors, suppliers, affiliates and/or subcontractors of Licensee shall be bound by the same insurance requirements stated above.
Entities to be named as Additionally Insured:
Downtown Events Corporation
1250 H Street, NW
Suite 1000
Washington, DC 20005
Downtown DC BID
1250 H Street, NW
Suite 1000
Washington, DC 20005
Washington Convention Center Authority
801 Mount Vernon Place, NW
Washington, DC 20001
Government of the District of Columbia
1350 Pennsylvania Avenue, NW
Washington, DC 20004