(A) Property Insurance – Public Buildings and Contents. It shall be the City’s policy to insure only property losses in excess of deductibles as determined by the Risk Manager and approved by the City Council, as the most advantageous to the City. Buildings and contents losses which will total less than the approved deductible will be met from budget appropriations. Buildings will be valued and insured at replacement cost, or at actual cash value when necessary. Property should be insured on an all-risk basis whenever possible.

(B) Automobile Liability Insurance on Motor Vehicles. Liability insurance shall be maintained on all City-owned, rented and non-owned motor vehicles used by City employees. The policy may be subject to a large self-insured retention consistent with the reserve fund.

(C) Physical Damage and Collision Insurance on Motor Vehicles. Collision and comprehensive insurance may be carried on City vehicles licensed for highway use as deemed appropriate by the Risk Manager and including the lowest competitive deductible.

(D) Commercial General Liability Insurance. Except as otherwise provided in this chapter, the City should carry general liability insurance to protect the city and its employees from tort liability for bodily injuries and property damage on all its properties and for all its operations. The limits of liability for the above coverage shall be in such amounts as recommended by the Risk Manager and approved by the City Council. Medical payments coverage may be provided when it is deemed advisable to provide financial aid, without regard to negligence or liability, to any person who may be bodily injured. The purchase of public officials liability insurance shall be subject to the provisions of Section 3.60.130.

(E) Workers’ Compensation. The City shall provide workers’ compensation benefits for its employees as required by law.

(F) Catastrophic Insurance. The City should maintain umbrella or excess liability insurance as needed to protect itself against any major, uninsured catastrophe as recommended by the Risk Manager and as approved by the City Council.

(G) Other Insurance. Other insurance shall be placed into effect upon the determination of necessity and recommendation for such coverages by the Risk Manager; or when required by law.

(H) Employee Fidelity Bonds. Employee fidelity bonds shall be secured for officers and employees as required by state law and City ordinances. (Ord. 22-19 § 5, 2022; Ord. 89-98 § 1, 1989.)