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Insurance Requirements

Oregon Housing and Community Services (OHCS) views grantees and contractors as valuable partners that provide important services to OHCS and the citizens of Oregon. Having proper insurance helps to safeguard all parties. Here you'll find typical insurance requirements for some of the activities OHCS funds, including:

  • Grants 
  • Consulting Services 
  • Professional Services 
  • Training and Education Services 
  • Information Technology Services 
  • Data Sharing and Data Processing 
  • Lending and Loan Agreements 
  • Development Projects (Non-construction) 
  • Construction and Design Services 
  • Events and Catering Services

Please note that these requirements are not absolute. Actual requirements vary based on specific risks and circumstances for each grant or contract. This information is provided as a planning tool for entities wanting to do business with OHCS.


Grants

Examples of these types of services are capacity building, down payment assistance, outreach, shelter, rehousing, rental assistance, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving 
  • Frequently required

Professional Liability

  • Typical minimum: $1M per claim/ $2M aggregate 
  • Required if services require specialized knowledge and intellectual skills

Network Security and Privacy Liability

  • Amount varies based on the type and volume of records involved 
  • Required if services involve use of/access to private data

Directors, Officers and Organization Liability

  • Typical minimum: $1M per claim 
  • Frequently required for privately held businesses

Crime Protection: Employee Dishonesty or Fidelity Bond

  • Amount varies based on value, access, payment structure, and disbursement amounts 
  • Required if services involve handling state valuables including granted money, especially when there is advance payment 
  • Frequently required

Physical Abuse and Molestation

  • Typical minimum: $1M per occurrence/ $3M aggregate 
  • Required if services involve having care over others (e.g., shelters)

Consulting Services

Examples of these types of services are general management,business strategy, operations, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving 
  • Frequently required

Professional Liability

  • Typical minimum: $1M per claim/ $2M aggregate 
  • Required if services require specialized knowledge and intellectual skills 
  • Frequently required

Professional Services

Examples of these types of services are Bond counsel, compliance, monitoring, debt management, financial advising, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving 
  • Frequently required

Professional Liability

  • Typical minimum: $1M per claim/ $2M aggregate 
  •  Required if services require specialized knowledge and intellectual skills 
  • Frequently required

Network Security and Privacy Liability

  • Amount varies based on the type and volume of records involved 
  • Required if services involve use of/ access to private data

Crime Protection: Employee Dishonesty or Fidelity Bond

  • Amount varies based on value, access, payment structure, and disbursement amounts 
  • Required if services involve handling state valuables including granted money, especially when there is advance payment

Training and Education Services

Examples of these types of services are Equity training, leadership training, employee development, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving
  • Frequently required

Professional Liability

  • Typical minimum: $1M per claim/ $2M aggregate 
  • Required if services require specialized knowledge and intellectual skills

Information Technology Services

Examples of these types of services are cloud services, software development, consulting, system integration, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving 
  • Frequently required

Professional Liability

  • Typical minimum: $1M per claim/ $2M aggregate 
  • Required if services require specialized knowledge and intellectual skills 
  • Frequently required

Network Security and Privacy Liability

  • Amount varies based on the type and volume of records involved 
  • Required if services involve use of or access to private data 
  • Frequently required

Lending and Loan Agreements

Examples of these types of services are development loans, flex lending, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving

Professional Liability

  • Typical minimum: $1M per claim/ $2M aggregate 
  • Required if services require specialized knowledge and intellectual skills 
  • Frequently required

Network Security and Privacy Liability

  • Amount varies based on the type and volume of records involved 
  • Required if services involve use of or access to private data 
  • Frequently required

Crime Protection: Employee Dishonesty or Fidelity Bond

  • Amount varies based on value, access, payment structure, and disbursement amounts 
  • Required if services involve handling state valuables including granted money, especially when there is advance payment

Development Projects (Non-construction)

This includes services like readiness and planning studies.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/$2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving
  • Frequently required 

Professional Liability

  • Required for any licensed work 
  • Minimum requirement: $1M per claim/$2M aggregate

Construction and Design Services

This applies to roles and services like architects, engineers, related service consultants, building renovation or rehabilitations, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  •  Required if services involve any driving 
  • Frequently required

Professional Liability

  • Minimum requirement is typically $1M per claim / $2M aggregate, but ultimately determined based on a risk assessment 
  • Covers damages caused by errors, omissions, or negligent acts (e.g. faulty designs and engineering calculations).

Pollution Liability

  • Use when a Contractor will be using, removing, hauling, storing, or disposing of hazardous materials, including lead and asbestos. 
  • Typical minimum: $1M 
  • Asbestos and lead endorsements may be required

Events and Catering Services

Examples of these types of services are venue rental, working lunch, etc.

Commercial General Liability

  • Minimum requirement: $1M per occurrence/ $2M aggregate 
  • Always required

Automobile Liability

  • Typical minimum: $1M 
  • Required if services involve any driving 
  • Frequently required

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