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R2015-112 ACCEPTING THE BID AND AUTHORIZING A CONTRACT Lancer Insurance & Admiral Insurance
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R2015-112 ACCEPTING THE BID AND AUTHORIZING A CONTRACT Lancer Insurance & Admiral Insurance
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Last modified
9/30/2015 8:47:19 AM
Creation date
9/30/2015 8:47:18 AM
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Resolution/Ordinance
Res Ord Num
R2015-112
Res Ord Title
ACCEPTING THE BID AND AUTHORIZING A CONTRACT WITH LANCER INSURANCE CO. AND ADMIRAL INSURANCE CO. FOR TRANSIT LIABILITY INSURANCE
Department
Finance
Approved Date
9/21/2015
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■ <br /> INSUAANCE BONDS <br /> /1 S��v Capila/Companv <br /> • . � • � � <br /> _,■��I� <br /> Bodily Injury &Property Damage: Cornbined Single Limit $5,004,000 <br /> Medical Payments: Per Person Excluded <br /> Uninsured&Underinsured Motorist Coverage $20,000/$50,000 <br /> Deductible—Per Accident $100,000 <br /> , � � , <br /> Comprehensive Coverage No Coverage <br /> Collision Coverage No Coverage <br /> .� , . <br /> Hired&Non-Owned Liability Nuclear Energy Liability <br /> Illinois Changes—Defense Costs Lead <br /> Illinois Changes—Cancellation&Noturenewal Asbestos <br /> $250 Management Fee Per Claim Handled Over$100 Absolute Pollution <br /> (Including Expense Payments) Terrorism <br /> Illinois Changes—Civil Union Silica of Silica Related Dust for <br /> Covered Autos Exposure <br /> Abuse or Molestation <br /> Punitive Damages <br /> �_■��� I' I ��� <br /> Bus 4,342 22 95,524 <br /> Passenger Vans 4,495 7 31,465 <br /> Trolley 1,915 2 3,830 <br /> Service Vehicle 822 7 5,754 <br /> Symbal 7,8 & 9 Used For Liability—No Automatic Coverage— <br /> All Changes Must Be Called Into JL Hubbard <br /> Annual Premium: $136,573 <br /> Endorsements &Exclusions outlined above are in addition to standard policy coverage forms. 8 <br />
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