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Hamilton By-law 07-170, s. 24(a) — Licensing By-law (Short-Term Rentals)

Licensing By-law (Short-Term Rentals)

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Commercial General Liability insurance subject to limits of not less than Five Million Dollars ($5,000,000.00) inclusive per occurrence for bodily injury, death and damage to property including loss of use, that includes:

  • (i) blanket contractual liability; premises, property and operations liability;
  • (ii) products and completed operations liability;
  • (iii) contingent employers liability; personal injury, owners and contractors protective coverage;
  • (iv) broad form property damage; occurrence property damage; and
  • (v) employees as additional insured, and cross liability and severability of interest provision.
  • (b) such Commercial General Liability policy shall be in the name of the PTP and the City of Hamilton shall be named as an additional insured;
  • (c) the PTP shall also obtain Non-Owned Automobile Insurance with limits of not less than Five Million Dollars ($5,000,000.00) per occurrence; and
  • (d) the insurance required under subsections
  • (a) and
  • (c) shall contain an endorsement to provide the City of Hamilton no less than 30 days prior written notice, from the insurer, of any cancellation. (2)(a) It is a condition of a PTP licence that the PTP comply with subsection 26(1) at all times.
  • (b) The PTP licence shall be suspended if the PTP fails to comply with subsection 26(1) until such time as the PTP satisfies the Director of Licensing that there is full compliance.
  • (c) The PTP shall provide the Director of Licensing with such information as the Director of Licensing shall require to demonstrate that subsection 26(1) is being complied with.

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