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DECATUR PUBLIC TRANSIT SYSTEM
<br /> COMPARISON OF PROPOSALS - LIABILITY INSURANCE
<br /> SEPTEMBER 22, 2012 -SEPTEMBER 21, 2013
<br /> GENERAL LIABILITY
<br /> Damage to Premises Medical Expense
<br /> General Aggregate Each Occurrence Rented to You Fire Damage Limit Limit Abuse or Molestation Retention Premium
<br /> Travelers $2,000,000 $1,000,000 $100,000 each offense-$100,000 $250,000 $2,014
<br /> aggregate-$100,000
<br /> Lancer $5,000,000 $5,000,000 $100,000 Excluded $100,000 Limit/$25,000 $0 $6,934
<br /> AUTO LIABILITY
<br /> Uninsured I
<br /> Limit Underinsured Units Cost per unit TPA Costs Retention Premium
<br /> Travelers $1,000,000 $40,000 39 $1,938 included in premium $250,000 $75,601
<br /> $250 per claim over $100,000
<br /> $100 including Worst case= 15 claims $150,000 letter of
<br /> Lancer $5,000,000 $20,000/$40,000 39 $3,160 expenses in 2008 credit $123,235
<br /> includes TPA costs
<br /> EXCESS LIABILITY
<br /> General Aggregate Products/Completed Personal& Each Occurrence
<br /> Limit Operations Advertising Injury Limit Retention Premium
<br /> Travelers $9,000,000 $9,000,000 $9,000,000 $9,000,000 $10,000 $75,131
<br /> Admiral $5,000,000 $5,000,000 $5,000,000 $5,000,000 $0 $20,513
<br /> TOTAL LIABILITY INSURANCE PREMIUMS&COSTS
<br /> Total Premium
<br /> Travelers $152,746
<br /> Lancer/Admiral $150,682
<br /> Arthur J.Gallagher&Company presented proposal by Travelers Insurance Indemnity Company
<br /> J.L.Hubbard Insurance&Bonds presented a combined proposal by Lancer Insurance Company and Admiral Insurance Company
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