Minimum Insurance Requirements

Contractor Insurance Coverage

Iredell County requires that all contractors performing site preparation, paving, installation, construction, repairs or renovations on county property shall provide insurance certificates to the county naming Iredell County as secondary insured. The contractor shall procure, maintain and provide proof of insurance coverage for injuries to persons and/or property damage as may arise from, or in conjunction with, the work performed on behalf of the county by the contractor, his agents, representatives, employees or subcontractors. Proof of coverage as contained herein shall be submitted prior to the commencement of work and the contractor shall maintain such coverage for the duration of the contract period.

Minimum Insurance Coverage Limits

  • General Liability: $2,000,000 combined single limits, $1,000,000 annual aggregate ($1,000,000 products and completed operations aggregate)
  • Automobile Liability: $1,000,000 combined single limits, $1,000,000 annual aggregate. 
  • Workers Compensation: Is required by all contractors or subcontractors according to the North Carolina Workers' Compensation Act which requires that all businesses that employ three or more employees, including those operating as corporations, sole proprietorships, limited liability companies and partnerships, obtain workers' compensation insurance.
  • Builders Risk: Contractor to decide amount of coverage needed for the project materials.

Other Requirements

  • The contractor’s insurance shall be primary over any applicable insurance or self-insurance maintained by the county.
  • The contractor shall provide 30 days written notice to the county before any cancellation, suspension, or void of coverage in whole or part, where such provision is reasonable.
  • All coverage for subcontractors of the contractor shall be subject to all of the requirements stated herein.
  • Failure to comply with any reporting provisions of the policy(s) shall not affect coverage provided the county, it officers/officials, agents, employees and volunteers.
  • The insurer shall agree to waive all rights of subrogation against the county, its officers/officials, agents, employees or volunteers for any act, omission or condition of premises which the parties may be held liable by reason of negligence.
  • The contractor shall furnish the county certificates of insurance including endorsements affecting coverage. The certificates are to be signed by a person authorized by the insurance company(s) to bind coverage on its behalf.
  • All insurance shall be placed with insurers licensed for business in North Carolina and maintaining an A.M. Best rating of no less than A-.
  • All insurance policies shall be in effect for the duration of the project and shall be written on an occurrence Basis. No claims-made policies will be accepted.
  • The contractor shall indemnify and hold harmless the County of Iredell, its officers/officials, agents, employees and volunteers from and against all claims, damages, losses and expenses including attorney’s fees arising out of or resulting from the performance of the work, provided that any such claim, damage, loss or expense (1) is attributable to bodily injury, sickness, disease, or death, or to injury to or destruction of tangible property (other than work itself) including the loss of use resulting therefrom, and (2) is caused in whole or part by any negligent act or omission of the contractor, any subcontractor, anyone directly or indirectly employed by any of them or anyone for whose acts any of them may be liable, regardless of whether or not it is caused in part by a party indemnified hereunder.

Risk Control

  • The contractor shall be required to comply with all federal, state, and local laws, regulations, and industry standard, or practices regarding safety of employees, the general public, and protection of physical property.
  • All subcontractors shall be subject to the same requirements.
  • The contractor shall be responsible for self-inspection, as well as the inspection of all subcontractors to ensure compliance.
  • Any inspection of the operations of the contractor or any subcontractor by the county or by any agent, employee or official of the county shall be done so to ensure compliance to the contract only. No inspection should be construed as a warranty of the operations of contractors and subcontractors.
  • The contractor shall be solely responsible for the inspection and compliance of all operations.
  • The county maintains the right to require the contractor to take corrective action regarding any hazard or potential hazard identified either by the contractor or the county.
  • Failure to comply with these requirements or take any necessary corrective action may constitute reason for cancellation of the contract.