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order, judgment or decree which may be entered in any such action or proceeding or as a result thereof. These provisions shall survive the expiration or termination of this Agreement. Nothing in this Agreement shall be construed to affect in any way the City's rights, privileges, and immunities as set forth in Florida Statutes Section 768.28. Upon City's notification, the Contractor shall furnish to the City Manager or his designee, Certificates of Insurance that indicate that insurance coverage has been obtained, which meets the requirements as outlined below: 1. Worker's Compensation Insurance for all employees of the Contractor as required by Florida Statute 440. Should the Contractor be exempt from this Statute, the Contractor and each employee shall hold the City harmless from any injury incurred during performance of the Contract. The exempt contractor shall also submit a written statement detailing the number of employees and that they are not required to carry Worker's Compensation insurance, and do not anticipate hiring any additional employees during the term of this contract, or a copy of a Certificate of Exemption. 2. Garage Liability Insurance in an amount not less than $500,000 per occurrence for bodily injury and property damage combined, endorsed to include: a. Automobile service operations b. Garage Keepers Legal Liability Insurance covering perils including, but not limited to, fire and explosion, theft of an entire vehicle, collision, riot and civil commotion, vandalism, and malicious mischief, guard dogs. The City of Sunny Isles Beach must be shown as an additional insured with respect to this coverage. The mailing address of City of Sunny Isles Beach, 18070 Collins A venue, Sunny Isles Beach, Florida 33160, as the certificate holder, must appear on the certificate of insurance. 3. Automobile Liability Insurance covering all owned, non-owned, and hired vehicles used in connection with the Services, in an amount not less than $1,000,000 per person and $2,000,000 per occurrence. The insurance coverage required shall include those classifications, as listed in standard liability insurance manuals, which most nearly reflect the operation of the Contractor. All insurance policies required above shall be issued by companies authorized to do business under the laws of the State of Florida with the following qualifications: The company must be rated no less than "B" as to management, and no less than "Class V" as to financial strength, according to the latest edition of Best's Insurance Guide published by A.M. Best Company, or its equivalent, subject to the approval of the City's Risk Management Division. Certificates of Insurance must indicate that for any cancellation of coverage before the expiration date, the issuing insurance carrier will endeavor to mail thirty (30) day written advance notice to the certificate holder. In addition, the Contractor hereby agrees not to modify the insurance coverage without thirty (30) days written advance notice to the City. 39