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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 Gallagher <br /> •CORE 360' <br /> Coverage: Excess Property <br /> Carrier: Travelers Excess and Surplus Lines Co <br /> Policy Period: 10/1/2020 to 10/1/2021 <br /> Coverage: <br /> • • <br /> Travelers Limit Limit $214,547,937 Excess$1,150,000 <br /> Flood w/oA&V Sublin-t $11,150,000 <br /> 7777 <br /> All Other Earthquake Sublimit $11,150,000 <br /> Additional Coverage: <br /> • i • <br /> This quotation is subject to the following ground up sub-limits and/or exclusions with all <br /> others as per the submission: <br /> Civil Authority 30 Days <br /> Extended Period of Indemnity 60 Days <br /> Ordinance or Law Sublimit $1,000,000 <br /> Newly Acquired Locations Sublimit $2,000,000 <br /> Unreported/Unnamed Locations Sublin-t $1,000,000 <br /> Property in Transit Sublimit $151,800 <br /> Municipal Sales Tax Sublimit $11,000,000 <br /> Equipment Sublimit $24,456,235 <br /> All other sublimits As per Underlying <br /> Quote <br /> Perils Covered: <br /> ®a211*12 <br /> Special Form Per Risks of direct physical loss or damage including Flood, EQ, excluding B&M, TRA. <br /> Endorsements include,butare not limited to: <br /> Travelers Excess Property Coverage Form - XS P1 00 08 04 <br /> Exclusions include,but are not limited to: <br /> Earth Movement Exclusion <br /> Rood Exclusion <br /> Government Action Exclusion <br /> 19 <br />
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