Common use of Owner’s Insurance Coverage Clause in Contracts

Owner’s Insurance Coverage. Manager shall cause to be procured and maintained, to the extent requested by Owner, insurance coverage with regard to the Property. Manager shall promptly investigate and make a full written report as to all accidents or claims for damage relating to the ownership, operating and maintenance of the Property, including any damage or destruction to the Property and the estimated cost of repair, and shall cooperate and make any and all reports required by any insurance company in connection therewith. All general public liability and other liability policies carried by or for Owner shall name Owner and Manager as co-insureds.