Certificate Of Insurance Requirements

University Circle’s Rules and Regulations are contained within each Lease document. Certain leases may have additional or different Rules and Regulations more applicable to the type or location of the business. The following information is presented as general information, and is not intended to supersede more stringent policies, which may be included within actual lease documents.

Insurance Coverages

The standard contract recommended limits are outlined in the table below. These limits would apply to contractors who provide general routine and non-critical services. This would include janitors, painters, groundskeepers, snow removal services, etc.


Coverage Description of Coverage Minimum Limits
Commercial General Liability       

Insurance to protect liability arising out of contractors

operations that results in bodily injury or property damage to a 3rd Party

$3M Per Occurrence
*Umbrella Policy May be used to

provide additional limits

Auto Liability

Insurance to protect against liability arising out of the contractor’s use of an owned

, non owned or hired auto that results in bodily injury or property damage to a 3rd party

$ 1 M Per Occurrence

Workers’ Compensation &

Employers Liability

Insurance carried by contractor for injuries to their workers. If the contractor does not

carrier workers compensation, Wells could be required by law to provide this coverage.             

WC - Statutory EL - $500,000 each accident,

$500,000 each disease, 500,000 disease policy limit.

Property Insurance

Insurance carried by contractor to insure physical loss or damage of all building

materials and other equipment.

Value of Items - No Insurance Certificate is required.

Provision is to state Wells is not responsible for insuring        



Additional limits and coverages may be required for contractors involved in critical services and working in hazardous situations (i.e. electrical work, working from heights, etc.) For critical services, the minimum limit should be no less than $5 Million Per occurrence or as outlined below.

Job Classification Liability Limits Per Occurrence Limit          Other REquirements / Considerations
Electrical Contractors $5 Million  
Drywall Plaster $5 Million  
Plumbing / Mechanical / HVAC $5 Million  
Security Guards $5 Million  
Landscaping - Exterior $5 Million  
Roofers $5 Million  
Fire / Sprinkler Svs. / Repair Cos $5 Million  

Window Washing & Swing Station

Equipment Services

$5 Million  
Jobs requiring Scaffolds / Rigs                 $5 Million  
Elevator / Escalator Contractors $10 Million  
Build to Suit - General Contractor $25- $50 Million
Depends on Project Size
  • Liability should be on a per Project Basis
  • Pollution/Environmental Insurance
  • Builder Risk Coverage
  • Fidelity Insurance/Crime



All Certificates Shall Name Applicable Wells Entity as additional insured - CG2010 Additional Insured Endorsement or equivalent. If the work involved completed operations exposure CG2037 Additional Insured - Completed Operations should also be used.

Additional Insured Language

The following is the additional insured wording that must be listed on certificates provided by vendors/contractors.

Wells REIT II - University Circle, L.P.

Wells REIT II - University Circle, L.P. & Columbia Property Trust, Inc., including its  affiliated and subsidiary companies, its officers, directors and employees are named as additional insured’s.*


Certificates of insurance are required from certain businesses that make deliveries to or from, provide on-site services, or perform moving activities at the (property name) buildings including the following:

  • All moving companies delivering furniture to your suite.
  • Telecommunication vendors who will have access to building phone closets or multi-tenant equipment areas.
  • Contractors who provide tenant improvement services that impact building fixtures, mechanical areas, or other equipment. In most cases, such services will be contracted through the Management Office.

The Landlord may require, at its discretion, that a Certificate of Insurance be required in other specific instances.

Standard lease terms provide that each Tenant shall be liable to the Landlord for the acts of its guest and invitees. Therefore, all Tenants should be aware of the potential for liability when considering the selection of vendors and their internal policies with respect to the collection of Certificates of Insurance. In other words, if damage or other liability is caused to the Landlord as a result of a vendor providing services to a Tenant, the Landlord will hold the Tenant responsible. It is to every Tenant’s advantage to ensure that they are adequately protected by the vendors they have selected to serve them. Keep in mind that the Management Office may already have certificates from many businesses on file. Upon request, we will be happy to check our records to determine if one or more of your preferred vendors already have an insurance certificate on file with the Building.