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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
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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 /> •CURE 360' <br /> Commercial Auto policies utilize a set of coverage symbols to stipulate a category of covered autos. One or more symbols are <br /> assigned to each coverage purchased indicating w hich autos that coverage applies to. Please refer to your policy and make <br /> certain that you read and understand the various auto symbols and associated descriptions. Specific symbols may apply to <br /> either a particular kind of vehicle or the vehicle's ow nership status. The symbols could also differ depending upon w hether the <br /> coverage is for liability or physical damage. Also,in certain circumstances, an insurance company may agree to provide <br /> coverage for an auto scenario that is not described in the auto symbols. When this occurs,a unique symbol and related <br /> description is used. If you have any questions regarding the auto symbols or associated descriptions contained in your policy, <br /> please contact us. <br /> Premium $60,349.00 <br /> ESTIMATED PROGRAM COST $60,349.00 <br /> Optional Coverages: <br /> w:r <br /> Auto Physical Damage $3,000,000 $100,000 $50,714.00 <br /> Auto Physical Damage $10,000,000 $100,000 $55,458.00 <br /> Auto Physical Damage $3,000,000 $1,000,000 $39,096.00 <br /> Auto Physical Damage $10,000,000 $1,000,000 $42,687.00 <br /> Auto Physical Damage $20,180,855 $1,000,000 $46,508.00 <br /> 28 <br /> • <br />
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