§ 24-06 Insurance.
RCNY § 24-06
(a)An applicant must obtain and maintain continuously throughout the term of a permit issued pursuant to this chapter, at its own expense, Commercial General Liability (CGL) insurance and Drone Aviation Liability/Unmanned Aircraft Systems (UAS) coverage. Each such CGL and Drone Aviation Liability / UAS insurance policy must: (1) Cover operations of all owned and non-owned unmanned aircraft operated pursuant to such a permit, whether such operations are pre-take-off, during take-off, in-flight, during landing, or post-landing, and must include coverage for Bodily Injury, Property Damage, Personal Injury, Invasion of Privacy, and Trespass; (2) Be provided by a company that may lawfully issue such policy and that has an A.M. Best rating of at least A- / VII, a Standard & Poor’s rating of at least A, a Moody’s Investors Service rating of at least A3, or a Fitch Ratings rating of at least A-; (3) Be written on an occurrence basis, and have limits applicable exclusively to operations pursuant to a permit issued under this chapter of two million dollars ($2,000,000) per occurrence and four million dollars ($4,000,000) aggregate, which may be obtained through a combination of primary and excess policies, provided that: (i) Coverage under the CGL insurance policy must be at least as broad as that provided by the most recent edition of Insurance Services Office (“ISO”) Form CG 00 01; and (ii) Coverage under the Drone Aviation Liability / UAS insurance must be at least as broad as the most recent edition of ISO Form CG 24 50, and must specifically describe, in an endorsement schedule or otherwise, any unmanned aircraft that is the subject of the permit, and may not exclude coverage for any such unmanned aircraft under any circumstance; and (4) Include the City of New York, together with its officials and employees, as an Additional Insured, on a primary and non-contributory basis, for claims that may arise from any of the operations of the applicant, its agents, employees, consultants, or independent contractors pursuant to a permit issued under this chapter, with ongoing-operations and completed-operations coverage at least as broad as the most recent editions of ISO Forms CG 20 26 and 20 37.
(b)As part of an application submitted pursuant to 38 RCNY § 24-03, an applicant must provide the Department with the following: (1) Where required by applicable law, on a form approved by the Workers’ Compensation Board, proof that the applicant has obtained Workers’ Compensation and Disability and Paid Family Leave insurance or an attestation of exemption from any such requirement; (2) A certificate of insurance that certifies the issuance and effectiveness of the CGL and Drone Aviation Liability / UAS insurance policies, including that each such policy includes the minimum limits specified in this section, provided that the specific endorsements or policy language by which the City of New York, including its officials and employees, has been made an Additional Insured must be provided with such certificate of insurance; and (3) Either a duly executed “Certification by Insurance Broker or Agent” in a form available on the Department’s website, or certified copies of all policies referenced in the certificate of insurance, provided that, notwithstanding any provision of this chapter to the contrary, an applicant must submit certified copies of all policies required by this section upon request by the Department or the New York City Law Department. (Added City Record 7/21/2023, eff. 7/21/2023)
