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of Pleasanton, its ofÏcers, ofÏcials, employees or volunteers shall be excess of the <br />Subrecipient's insurance and shall not contribute with it. <br />3. Any failure to comply with reporting or other provisions of the policy including <br />breaches of warranties shall not affect coverage provided to the City of <br />Pleasanton, its ofÏcers, ofÏcials, employees or volunteers. <br />4. The Subrecipient's insurance shall apply separately to each insured against whom <br />claim is made or suit is brought, except with respect to the limits of the insurer's <br />liability. <br />5. Each insurance policy required by this clause shall be endorsed to state that <br />coverage shall not be canceled by either party, except after thirty (30) days' prior <br />written notice by certified mail, return receipt requested, has been given to the <br />City of Pleasanton. <br />The Property Insurance policy shall include the City as an insured and as loss payee on <br />any insurance. The City shall not be liable for any consequential loss sustained by <br />Subrecipient. City shall not be liable for any loss of Subrecipient’s personal property. <br />Acceptability of Insurers <br />If the insurance company providing coverage is licensed to do business in the State of <br />California, the company shall have an A.M. Best rating of not less than A:VII. If the <br />insurance company is not licensed to do business in California, the A.M. Best rating shall <br />be not less than A+:X. <br />Verification of Coverage <br />Subrecipient shall furnish the City of Pleasanton certificates of insurance and <br />endorsement(s) effecting coverage to the City of Pleasanton for approval. The <br />endorsements shall be on forms acceptable to the City of Pleasanton. All certificates and <br />endorsements are to be received and approved by the City of Pleasanton before work <br />commences. The City of Pleasanton reserves the right to require complete, certified <br />copies of all insurance policies or Memorandums of Coverage (if Subrecipient is a <br />member of a Joint Powers Authority) required by this section. <br />Page 19 <br />Docusign Envelope ID: 33CB29C8-7F00-4973-826F-FE9B0CEAAEFB