Minimum Insurance Supplier Requirements
Workers Compensation: As prescribed by law of the state or nation where work is performed.
Employer's Liability: At least $1,000,000 for each occurrence.
Commercial or Comprehensive Automobile Liability Insurance: $2,000,000 combined single limit each occurrence for bodily injury and property damage*.
Commercial General Liability (CGL Insurance): $2,000,000 each occurrence for Bodily Injury and Property Damage* on occurrence form ISO 1988 or later, including Blanket Contractual Liability, Broad Form Property Damage, Independent Contractors or Contractors Protective Liability, Personal and Advertising Injury and if applicable Explosion, Collapse & Underground (XCU).
Products / Completed Operations Insurance: If furnishing to Company (by sale or otherwise), products, material or construction, installation, maintenance or repair services. CGL to include products/ Completed Operations coverage in the amount of $5,000,000 per occurrence.
Excess or Umbrella Liability: $3,000,000 each occurrence / aggregate in excess of Employers Liability, Commercial or Comprehensive Automobile Liability Insurance and Commercial General Liability above. Coverage will be written on a follow form basis.*
Insurance Companies providing coverage will be rated at least AVII by A.M. Best.
Trane, its affiliates, divisions, subsidiaries, officers, and directors must be named as additional insured's and the Supplier and its insurer's will waive its rights of subrogation in favor of Trane, its affiliates, divisions, subsidiaries, officers and directors.
Insurance maintained by the supplier will be primary and noncontributory to that maintained by Trane.
* Limits can be met by any combination of primary and/or excess liability coverage Trane reserves the right to modify the requirements set forth above.