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R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
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R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
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9/29/2020 10:40:30 AM
Creation date
9/29/2020 10:40:21 AM
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Resolution/Ordinance
Res Ord Num
R2020-125
Res Ord Title
R2020-125 Resolution Authorizing Property and Liability Insurance Coverage for the City of Decatur Illinois for the Policy Period October 1, 2020 to October 1, 2021
Department
Finance
Approved Date
9/21/2020
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City Of Decatur 9P#Gallagher <br /> 0 CORE 360" <br /> ProprarnDetails <br /> Coverage: Package -Property <br /> Carrier: AIX Specialty Insurance Company <br /> Policy Period: 10/1/2020 to 10/1/2021 <br /> Coverage: <br /> • <br /> • <br /> coverage Section I-Property: Limit Of Insurance For Each Occurrence: <br /> Automobile Physical Damage Limit $1,000,000 Each Occurrence <br /> Flood &Surface Water Limit $1,000,000 Each Occurrence <br /> Flood &Surface Water Limit $1,000,000 Annual Aggregate <br /> Earthquake Limit $1,000,000 Each Occurrence <br /> Earthquake Limit $1,000,000 Annual Aggregate <br /> Named Windstorm Limit $1,000,000 Each Occurrence <br /> Business Income With Rental Value Limit $550,000 Each Occurrence <br /> Business Income Without Rental Value Limit $550,000 Each Occurrence <br /> Excess Loss Fund Protection Limit Limit $1,000,000 Annual Aggregate <br /> Auto Physical Damage Limit NIL <br /> Deductibles I Self-Insured Retention <br /> 7!7 Self-Insured This Policy Has the Following Underlying Self Insured RetentionsWhich Apply to <br /> Retention a Covered Loss for Each Accident,Occurrence, Offenseor Claim Under:Self-Insured property Unless Listed Below: $1 <br /> Retention <br /> Self-Insured Auto Physical Damage $25,000 <br /> Retention <br /> Self-Insured Mobile Equipment $75,000 <br /> Retention <br /> Deductible Maintenance Deductible: <br /> Deductible Property Unless Listed Below: $1,000 <br /> Deductible Auto Physical Damage $1,000 <br /> Deductible Mobile Equipment $1,000 <br /> $357,603 In the <br /> Deductible Insured Loss Fund: Aggregate Annually <br /> 10 <br />
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