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R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
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R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
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10/2/2019 5:46:48 PM
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10/2/2019 5:46:10 PM
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Resolution/Ordinance
Res Ord Num
R2019-144
Res Ord Title
R2019-144 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur, Illinois for the Policy Period October 1, 2019 to October 1, 2020
Department
Finance
Approved Date
9/23/2019
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City Of Decatur �w'� Gallagher <br /> ,��+�QRE 360� <br /> Coverage: Excess Property <br /> Carrier: Travelers Indemnity Company <br /> Policy Period: 10/1/2019 to 10/1/2020 <br /> Coinsurance or Agreed Amount: <br /> � • � � s <br /> ', All Covered Property ', Yes I N/A ' <br /> Coverage: <br /> • • <br /> Limit , Limit $199,653,430 Excess$1,150,000 <br /> Flood w/o A&V ', Sublimit $11,150,000 <br /> Earthquake w/o CA, Moderate or High Hazard ' Sublimit $11,150,000 ' <br /> _... _.._.. .. .......... . _ _ .. <br /> Additional Coverage: <br /> . • • <br /> This quotation is subject to the following ground up sub-limits and/or exclusions with all ' <br /> ; others as per the submission: I <br /> Civil Authority ', 30 Days , <br /> Extended Period of Indemnity 60 Days ', <br /> ', Ordinance or Law Sublimit , $1,000,000 ' <br /> I Newly Acquired Locations Sublimit ' $2,000,000 ''' <br /> , Vehicles Sublimit $17,891,064 '' <br /> ' Municipal Sales Tax , Sublimit $11,000,000 <br /> All other sub-limits ', As per Underlying ' <br /> , Quote <br /> _ _ . <br /> Valuations: <br /> . • • <br /> Actual Cash Value ' Vehicles are Covered on an ACV basis <br /> _ - _ .. . <br /> Perils Covered: <br /> . • <br /> ' Special Form Perils I Risks of direct physical loss or damage including Flood, EQ, excluding B&M,TRIA. <br /> _. . _ _ _ _.. __ _ <br /> Endorsements include, but are not limited to: <br /> . • <br /> ', Travelers Excess Property Coverage Form-XS P1 00 08 04 <br /> _. . ...... ..... ...... _ .. _. . <br /> -.�:: <br /> . -���p.. <br /> ��. .�;�� <br /> .F`^�?'."`'�y�en'W K_ <br /> :�,t'" y, -'.', <br /> . .i._.. . �: <br /> - ';.k.., �rc`.� <br /> '`�., r•.i`s}�'�::."r, <br /> 22 �p �`�. `. <br /> ,�; �r-;��� <br /> ;�;. <br /> �'��.;° <br /> ;t. <br /> _ ...._-.�«.� . , . <br />
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