Or. Admin. R. 808-003-0095 - Liability Insurance
(1) An applicant
for the landscape contracting business license or renewal shall;
(a) Submit a "Certificate of Insurance"
(certificate) from an insurance company authorized to do business in Oregon, as
required by ORS 671.565 and subsection (2) of this section and
(b) Continue to meet those insurance
requirements for as long as the applicant is licensed.
(2) The certificate of insurance must
include:
(a) The name of the insurance
company,
(b) Policy
number,
(c) Effective dates of
coverage;
(d) Coverage in at least
the amount required in ORS 671.565 and Section 2 of this rule;
(e) The agent's name, and
(f) The Oregon Landscape Contractors Board is
the certificate holder.
(3) The certificate must be for an amount not
less than $100,000 if the application is received prior to January 1, 2016 and
not less than $500,000 if the application is received after January 1, 2016 and
include public liability, personal injury and property damage insurance
covering landscaping work.
(4) The
name of the entity as it appears on the certificate must be the same as the
name on the landscape contracting business license application or license of
record with the agency and the same entity name filed at the Oregon Corporation
Division (if applicable).
(a) If the entity is
a sole proprietorship, the certificate must include the name of the sole
proprietor;
(b) If the entity is a
partnership, or joint venture, the certificate must include the names of all
partners (except limited partners);
(c) If the entity is a limited liability
partnership, the certificate must be issued in the name of all partners and the
name of the limited liability partnership;
(d) If the entity is a limited partnership,
the certificate must be issued in the name of all general partners and the name
of the limited partnership and any other business names(s) used. Limited
partners do not need to be listed on the certificate;
(e) If the entity is a corporation or trust,
the certificate must be issued showing the corporate or trust name;
or
(f) If the entity is a limited
liability company, the certificate must be issued in the name of the limited
liability company.
(5) A
landscape contracting business must continuously have in effect public
liability, personal injury and property damage insurance during the licensing
period to maintain an active license.
(6) A new certificate must be on file with
the agency prior to the expiration date on the previous certificate. If the
policy as required in subsection 2 of this section expires and a new
certificate is not received on or before 5 pm on the day of policy expiration,
the agency may suspend the landscape contracting business license
(7) Upon cancellation of the insurance
required under ORS 671.565 the agency may immediately suspend the landscape
contracting business license as provided for in 671.610(2)(b).
(8) If a landscape contracting business is
licensed as a sole proprietorship, partnership, limited liability partnership,
limited partnership, joint venture, corporation, limited liability company,
business trust or any other entity and seeks to change the licensed entity to
one of the other entity types and a new license is required, the application
must be accompanied by a new certificate.
Notes
Statutory/Other Authority: ORS 183.325 - 183.410, ORS 670.310 & ORS 671.670
Statutes/Other Implemented: ORS 671.565
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