Common use of Minimum Coverage Requirements Clause in Contracts

Minimum Coverage Requirements. The Minimum Coverage Requirements set forth the minimum limits of insurance the Cooperator may purchase to enter into a contract with DNR. These limits may not be sufficient to cover all liability losses and related claim settlement expenses. Purchase of these minimum limits of coverage does not relieve the Cooperator from liability for losses and settlement expenses greater than these amounts. DNR shall not be charged for the cost for insurance coverage(s) greater than those listed in the Minimum Coverage Requirements without prior approval by DNR. During the term of the Agreement, Cooperator must purchase and maintain the insurance coverages and limits specified below:

Appears in 3 contracts

Sources: Fire Suppression Resources Availability Agreement, Fire Suppression Resources Availability Agreement, Fire Suppression Resources Availability Agreement