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(1) When drainage facilities are constructed within any portion of county road right-of-way, the department shall require the applicant for such construction to obtain commercial general liability insurance coverage against personal injury, property damage, or loss resulting from activities related to the construction.

(2) The insurance required by this section shall be in an amount determined by the director of the department of finance to be commensurate with the risk to the public involved, and shall be at a minimum amount of $1,000,000 per occurrence. The policy shall be maintained continuously for the duration of the work undertaken pursuant to the permit or approval, and for an additional three years after the county has given final approval of the construction shown on the stormwater site plan or has accepted the stormwater facilities after construction is completed and approved. The policy shall contain appropriate endorsements and amendments as required by the director of the department of finance, and shall name "Snohomish County, its officers, elected and appointed officials, employees and agents" as an additional insured.

(3) The applicant shall notify the director by certified mail of any modification or cancellation of the policy at least 30 days prior to any such modification or cancellation. If the insurance required by this section is canceled and not replaced, or is modified in a manner unacceptable to the director of the department of finance, the director may revoke the permit or approval.

(4) The applicant shall provide evidence of the existence and continuation of the insurance required by this section to the director of the department of finance in accordance with the requirements of the department of finance, which shall include one or more of the following:

(a) An original binder of insurance signed by an authorized broker of the insurance carrier reciting the coverage required in this section, accompanied by a letter of clarification if requested;

(b) A copy of the "declarations" pages of the policy, reciting the coverage;

(c) A copy of the complete policy; or

(d) A certificate of insurance with applicable endorsements.

(5) The insurance carrier must be authorized to transact business within the State of Washington. The insurance carrier and policy shall be subject to the approval of the director of the department of finance. (Added by Amended Ord. 10-026, June 9, 2010, Eff date Sept. 30, 2010; Amended by Ord. 15-102, Jan. 11, 2016, Eff date Jan. 22, 2016).