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R2019-95 Resolution Authorizing City Manager to Execute Insurance Coverage for General Liability, Automobile Liability and Excess Liability for Decatur, Illinois Public Transit System for the Policy Period July 1, 2019 to July 1, 2020
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R2019-95 Resolution Authorizing City Manager to Execute Insurance Coverage for General Liability, Automobile Liability and Excess Liability for Decatur, Illinois Public Transit System for the Policy Period July 1, 2019 to July 1, 2020
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7/8/2019 8:51:12 AM
Creation date
7/2/2019 4:32:43 PM
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Resolution/Ordinance
Res Ord Num
R2019-95
Res Ord Title
R2019-95 Resolution Authorizing City Manager to Execute Insurance Coverage for General Liability, Automobile Liability and Excess Liability for Decatur, Illinois Public Transit System for the Policy Period July 1, 2019 to July 1, 2020
Department
Public Works
Approved Date
7/1/2019
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�ecatur Public Transit <br /> Liability lnsurance Coveraye Prapasa! <br /> Term: 07l01I2099 ta 07101/2020 <br /> horne <br /> "� Prem)um Summary <br /> E�rrpiiring New Proposed <br /> Pvlicy Policy Change <br /> fo 07I01l2099 fo D7/0112020 % <br /> inpu# input <br /> Gommerciaf General Liabilr7y � 5,597 $ 6,16? i0.?% <br /> Automobrle Uability $ 168,82� $ 991,154 93.21 <br /> Umbrefla Eucess Liabilify $ 26,735 S 34,?25 27.8% <br /> Tota1 Premium $ 201,153 $ 231,440 95.9ib <br /> Caverage <br /> �cp3ring R'enewal <br /> Commercial Gener�i Liabitity <br /> Generat Aggregafe Lrmi€ $ 5,OD0,000 $ 5,QQO,ODQ <br /> ProductslCampieted Ops Ag exctuded excluded <br /> PersonatlAdvertisinglnjuryLimit $ 5,()Qp,DOp $ 5,OQ0,tiQ� <br /> Each Occurrence $ 5,000,OtX? $ 5,000;000 <br /> Damages fa Fremises renfed $ 100,pOtt $ 900,pOp <br /> Mediaai expense Limit any 1 person $ 5,00t1 $ S,OOa <br /> Deductible $ 9D0,040 $ 700,OOQ <br /> Adda�ianai endorsements as defrned sam� <br /> Noted exciusians as defined same <br /> Commerciai Autamobile <br /> Bodity fnjury&Property Damage $ S,DOQ,00(J $ 5,Q�0,00{? <br /> Medica!payments perperson excluded excfuded <br /> UninsurerJ Motnrist aaverage $20,000/$50,000 $20,Qt?O!$5U,l1f1D <br /> Phys+cal damage corrrp�ehensiva excluded excluded <br /> Physrcal darnage co!/ison exctud�ad excl�ded <br /> Addifiorra!endors�rnents as defined same <br /> l�lated exclusians as d�fined same <br /> Umbrel/a I Excess Liabitity <br /> Eachaccurrence $ 5,OOO,D00 $ 5,L�0,000 <br /> Ar�nuat aggregate $ 5,000;000 $ 5,Q00,000 <br /> Addifionaf endorsements as defined same <br /> Noted exclusians as defir�ed same <br /> L.etter of Gredi#Reqcrtremenf $ 241,627.5d $ 241,627.50 $ - citarrge <br /> Policy Payr»enf ScheduFe <br /> AdmiraJ Umbretla E�ccess 400%down 9 annua/payment <br /> Lancer Liabitity Deposit+8 insfalfinent paymenfs <br /> Pr�pared by.� <br /> O�ce af Risk Ma�agerner7t <br /> D'ate: June 25,2019 <br />
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