Loading...
2To: Via: From: Date: Subject: Request: CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM The Honorable Mayor & Members of the City Commission Steven Alexander, City Manager LaTasha Nickle, Human Resources Director Agenda Item NO.:~ September 27,2013 2001 Property, General Liability, Automobile Insurance and Public Officials & Employment A Resolution authorizing the City Manager to execute a policy of insurance with the Preferred Governmental Insurance Trust (PGIT) for Property, Crime, Inland Marine, General Liability, Law Enforcement Liability, Automobile Liability, and Automobile Damage Insurance. A Resolution authorizing the City Manager to execute a policy of insurance with ACE for Public Officials and Employment Practices Liability Insurance. Reason/Need: The City solicited and received proposals, which were heavily negotiated, for the City's Property, General Liability, Automobile Insurance, and Public Officials and Employment Practices Liability coverage for FY 2013-2014 from carriers currently writing municipal business in South Florida. The following tables summarize the responses received. PGIT Proposal Comparison with FY 13 Policy Coverage Limits Coverage Limits Deductible Deductible Premium Proposed Line of Coverage Premium FY 13 FY 14 FY 13 FY 14 FY 13 FY 14 Property Varies by claim type Varies by claim type $0 -15,000 $0-118,293 124,743 15,000 Crime 100,000 100,000 1,000 1,000 517 750 General Liability 1,000,000 1,000,000 0 0 33,007 58,992 Inland Marine Actual Cash Value Actual Cash Value 1,000 1,000 2,633 2,633 Public Officials / Emp Liability 1,000,000 1,000,00 2,500 N/A 35,631 0 Law Enforcement 1,000,000 1,000,000 0 0 34,733 49,090 Automobile Liability 1,000,000 1,000,000 0 0 70,599 67,639 Automobile Damage Actual Cash Value Actual Cash Value 1,000 1,000 Incl in AL 21,515 295,413 325,362 1 FMIT Proposal Comparison with FY 13 Policy Coverage Limits Coverage Limits Deductible Deductible FMIT Premium Proposed Line of Coverage FY 13 Premium FY 13 FY 14 FY 13 Premium FY 14 FY 14 Property Varies by claim Varies by claim $0-$0-166,975 135,222 type type 15,000[1] 15,000 Inland Marine Actual Cash Value Actual Cash Value 1,000 1,000 Incl in Property Incl in Property General Liability 1,000,000 1,000,000 a 5,000 97,299 603,459 Crime 100,000 100,000 1,000 1,000 Incl in GL Incl in GL Public Officials I Emp Liability 1,000,000 1,000,00 2,500 25,000[2] 7~,907 Incl in GL Law Enforcement 1,000,000 1,000,000 a 25,000 213,334 Incl in GL Automobile Liability 1,000,000 1,000,000 a 10,000 68,121 96,150 Automobile Damage Actual Cash Value Actual Cash Value 1,000 10,000 Incl in AL 30,885 625,636 865,716 The City Manager and Staff recommend that the City renew the liability package coverage with PGIT. This proposal provides the necessary coverage at a lower premium with significantly lower deductibles than the proposal submitted by FMIT. In addition, the FMIT package is conditioned upon the City satisfying a number of additional requirements at the City's own expense and a formal "acknowledgement by the City that the offer of insurance will be outside of the normal coverage form provided by the FMIT, that the coverage form is more limited and these limitations are solely present due to the prior loss situation with the previous carrier." The City Manager believes that it is in the City's best interest to renew the coverage with PGIT. In addition to the package quotations summarized above, the City received independent quotes for its Public Officials & Employment Practices Liability coverage. A Comparison of the two quotations is summarized in the table below. Coverage Limits Deductible Deductible Premium Premium FY 13 FY 14 FY 13 FY 14 National Union 1,000,000' 2,500 $100,000 35,631 47,570 $500,000 zoning ACE 1,000,0004 2,500 100,000 35,631 46,017.49 150,000 Employment 250,000 zoning The City Manager and Staff further recommend that the City purchase Public Official/Employment Practices Liability coverage with ACE. After reviewing the two proposals, the ACE package provides the better value due to the potential savings in deductibles over the next year. The Florida League of Cities insurance provider (FMIT) after initially advising the City that they would not write a policy for South Miami has proposed a package, which excludes completely any coverage for land use activities. This 3 Unlimited defense costs 4 Defense costs included in limit of liability. 2 exclusion along with other exclusions, limitations and deductible and premium levels resulted in the staff not recommending FM IT in lieu of the offers from the above vendors. The above-recommended coverage is within the amounts reserved in the recently adopted Operating Budget, with remaining funds to cover the anticipated deductibles as set forth below. Insurance Premium Approved FY 2014 Budget Auto Insurance Liability Insurance TOTAL Recommended PGIT Insurance Premium Amount Recommended ACE Public Officials & Employment Policy TOTAL Budgeted Balance Remaining to Cover Deductibles Backup Documentation: o Insurance Cost Summary o Proposed resolutions. o Proposal from FMIT o Proposal from PGIT Amount 76,893 523,107 600,000 325,362 46,017 371,379 228,621 3 Insurance Premium Cost Summary Comparison FMIT Premium Comparison FY 13 -14 Prposed Proposed %of Line of Coverage Premium Premium Change Diff FY 13 FY 14 Property 166,975 135,222 -23% -31,753 Inland Marine Included in Included in Property Property General Liability 390,540 603,459 35% 212,919 Crime Included in GL Included in GL Public Officials / Employment Liability Included in GL Included in GL Law Enforcement Included in GL Included in GL Automobile Liability & Damage 68,121 127,035 46% 58,914 TOTAL 625,636 865,716 28% 240,080 PGIT Premium Comparison FY 13 -14 Approved Proposed %of Line of Coverage Premium Premium Change Diff FY 13 FY 14 Property 118,293 124,743 5% 6,450 Crime 517 750 31% 233 General Liability 33,007 58,992 44% 25,985 Inland Marine 2,633 2,633 0% 0 Public Officials / Employment Liability 35,631 46,017 23% 10,386 Law Enforcement 34,733 49,090 29% 14,357 Automobile Liability & Damage 70,599 89,154 21% 18,555 TOTAL 295,413 371,379 20% 75,966 1 RESOLUTION NO. ____ _ 2 A Resolution authorizing the City Manager to execute a policy of insurance with 3 the Preferred Governmental Insurance Trust (PGIT) for Property, Crime, Inland 4 Marine, General Liability, Law Enforcement Liability, Automobile Liability, and 5 Automobile Damage Insurance. 6 WHEREAS, the City, through its Agent of Record, Brown & Brown, has received 7 insurance quotes for Property, Crime, Inland Marine, General Liability, Law Enforcement 8 Liability, Automobile Liability, and Automobile Damage Insurance. 9 WHEREAS The City renewal quote from PGIT for the continuation of the existing 10 coverage provides the best coverage options to meet the City's existing needs; 11 WHEREAS, the City Administration recommends that the City continue coverage with 12 the PGIT for Property, Crime, Inland Marine, General Liability, Law Enforcement Liability, 13 Automobile Liability, and Automobile Damage Insurance Coverage for the 2013-2014 Fiscal 14 Year based upon the current proposal; 15 NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY 16 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: 17 Section 1. That the City Commission hereby authorizes the City Manager to execute 18 the renewal insurance policy for Property, Crime, Inland Marine, General Liability, Law 19 Enforcement Liability, Automobile Liability, and Automobile Damage Insurance with PGIT 20 for the 2013-2014 Fiscal Year. 21 Section 2. This resolution shall take effect immediately upon adoption. 22 PASSED AND ADOPTED this __ day of ____ , 2013. 23 24 25 ATTEST: Approved: 26 27 28 CITY CLERK MAYOR 29 30 READ AND APPROVED AS TO FORM COMMISSION VOTE: 31 LANGUAGE, EXECUTION AND Mayor Stoddard: 32 LEGALITY: Vice Mayor Liebman: 33 Commissioner Newman: 34 Commissioner Harris: 35 Commissioner Welsh: 36 37 38 CITY ATTORNEY 39 FMIT 2010-11 Renewal Quote PGIT Expiring FMIT 13-14 Quote General Liability (GL) $112,985 $104,000 $603,459 Automobile Liability $69,120 $70,000 $96,150 Auto Physical Damage (APD) $4,620 $30,885 Property $133,164 $110,000 $135,222 we $240,118 $203,756 $203,756 Total $560,007 $487,756 $1,069,472 Nickle, Latasha From: Sent: To: Riverol, Alfredo Thursday, September 26, 2013 12:40 PM Nickle, Latasha Subject: Fwd: Insurance Sent from my iPhone Begin forwarded message: From: Jeannie Garner <JGarner@flcities.com> Date: September 26, 2013 at 12:21: 17 PM EDT To: Alfredo Riverol <Ariverol@southmiamifl.gov> Subject: Insurance Below are the requirements. Sorry for the format but we are all on the road and wanted to get to you as soon as possible. The policy limitations are outside of the normal FMIT form and will require Board approval tomorrow. Please let us know if it is acceptable. I will send premium numbers in next email. City of South Miami FOR DISCUSSION ONLY -DRAFT If a proposal for coverage is considered the following conditions should be required to provide protection for the FMIT. Risk Control Recommendations: 1. The City shall cooperate and assist FMIT Risk Control personnel with recommended training throughout the policy year. 2. The City agrees to obtain independent legal counsel advice prior to the termination of any employee. 3. The City agrees to an outside HR Audit/Review by a vendor chosen by the FMIT. Such cost not to exceed $8,000. 4. 1 Monthly police participation in league provided online training through the FMIT. Participation standards shall be set by Risk Control staff. 5. Defensive driving training shall be provided and recommendations implemented by the City. Training will be provided by the FMIT. 6. Failure to comply with Risk Control recommendations will result in the immediate issuance of a 45 day notice of cancellation by the FMIT. 7. Acknowledgement by the City that the offer of insurance will be outside of the normal coverage form provided by the FMIT, that the coverage form is more limited and these limitations are solely present due to the prior loss situation with the previous carrier. Coverage Considerations: The following coverage considerations should be considered due to the prior three year history of losses at the City. These considerations could be reviewed annually and revised by underwriting. Property Coverage -no changes necessary based on losses. Workers Compensation -current coverage with FMIT -no recommended coverage changes. General Liability -for the general liability coverage would recommend a $5,000 deductible per claim under our standard form. Law Enforcement Liability -due to the frequency of claims under the current policy, it is recommended to make the following changes: Offer: $1,000,000 limit per occurrence $1,000,000 Annual Aggregate 2 $25,000 Deductible per claim Limit offered is INCLUSIVE of defense costs FMIT controls defense of claim until exhaustion of limits FMIT has no duty to defend after exhaustion of limits of coverage E&O/EPLI Coverages -again, due to frequency and severity issues the following limits should apply: $1,000,000 limit per occurrence $1,000,000 Annual Aggregate $25,000 Deductible per claim Limit offered is INCLUSIVE of defense costs FMIT controls defense of claim until exhaustion of limits FMIT has no duty to defend after exhaustion of limits of coverage Recommend that Land Use/Inverse Condemnation coverages be excluded Automobile:Standard policy form may apply but enforce a $10,000 deductible per claim. Excludes prior acts coverage 3 INSURANCE PROPOSAL SUBMITTED ESPECIALLY FOR: CITY OF SOUTH MIAMI POLICY TERM: 10101113 TO 10101114 PRESENTED By: ROBERT HOLLANDER EXECUTIVE VICE PRESIDENT BROWN & BROWN -MIAMI DIVISION 1 INTRODUCTION ......... _ .. __ ..... _----... _ ... _----_ ..•. _-_ ... _--_ .............. _._- We would like to take the opportunity to thank you for allowing us to work closely with you in our effort to develop a comprehensive Risk Solution Program for your business. Brown & Brown, Inc. is the largest independent agency organization in Florida and the 6th largest in the US. The company provides a variety of insurance products and services to corporate, institutional, professional and i!3dividual clients. Headquartered in Daytona Beach and Tampa, Brown & Brown is publicly traded on the New York Stock Exchange (BRO) and has been included in Forbes' list of the "200 Best Small Companies in America". The company handles clients' premiums in excess of 12 Billion annually and has in excess of 6,500 employees. While size is not the sole criteria for choosing an insurance agent, it does enable us to offer our clients clout in the marketplace and unmatched service capabilities. Please feel free to visit our website at www.bbinsurance.com This brief description of insurance coverage is being provided as an accommodation only and is not intended to cover or describe all policy terms. For more complete information on the scope and limits of coverage plans please refer to the policy document. Specimen policy formes) are available upon request. 2 ACCOUNT SERVICING TEAM Robert Hollander Executive Vice President 305-364-7818 rho llander@bbmia.com N ancye Batista, AAI Account Manager 305-364-7816 nbatista@bbmia.com Alexandra Sarria Claims Representative (305) 364-7812 Asarria 1 @bbmia.com Jessica Urbina Account Manager Associate 305-364-7866 jurbina@bbmia.com 14900 NW 79th Court, Suite 200 Miami Lakes, FL 33016 Telephone: 1-800-432-8844, (305) 364-7800 or (305) 714-4400 Fax: (305) 714-4401 3 TABLE OF CONTENTS I. Marketing Efforts II. Schedule of Named Insureds III. Coverage Sections • Property • Inland Marine • Crime • Commercial General Liability • Law Enforcement • Commercial Automobile • Public OfficiaVEmployment Practices Liability IV. Summary V. Illustrations and Definitions 4 -----_._._._.-._-------- MARKETING EFFORT In preparing your insurance proposal we have contacted several available insurance markets in order to secure the best possible insurance program for your business. The markets we contacted and their responses are shown below for your perusal: COMPANY Public Officials/Employment Practices Berkley Companies Declined RESPONSE Indian Harbor Insurance Company Premium indication: $200,000 -$250,000 with $200,000 SIR National Union Fire Insurance Company Quoted -Option I Ace American Insurance Company Quoted -Option II 5 SCHEDULE OF NAMED INSUREDS City of South Miami This list includes all of the named insured's we presently have on your policies. Should any revisions to this listing be required, please notify our office immediately. Please Verify the Accuracy of Each Name and Update List, If Needed. 6 PROPOSED PROPERTY COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated by A.M. Best Location of Premises: Per Schedule Attached Description of Property: Blanket Building & Contents Limit, per attached schedule $21,514,166 Values Insured are Ultimately Chosen by the Client. In view of the continually changing cost of construction and building materials, we strongly suggest that you review your property values annually. ANY changes in the occupancy of an insured location should be reported to our office immediately. Changes in occupancy can potentially reduce or negate the coverage afforded by your property policy. Description of Coverages Proposed: Policy Form: Building & Personal Property Coverage Form -Special Causes of Loss: Special Form: Excluding Earthquake/Earth Movement Coinsurance: Building & Personal Property: N/ A Valuation: Replacement Cost 7 PROPOSED PROPERTY COVERAGE Continued Property Extensions of Coverage: For a full description of terms, definitions and conditions, please refer to the policy documents. Accounts Receivable Additional Expense Animals Loss of Business Income Debris Removal Demolition, Ordinance and ICC Expediting Expense Fire Department Charges Fungus Cleanup Expense Lawns, Plants, Trees and Shrubs New Locations Personal Property of Employees Pollution Cleanup Expense Preservation of Property Recertification Service Interruption Coverage Transit Errors and Omissions Vehicle Property Coverage 8 Coverage $ 250,000 $ 100,000 $ 1,000/$5,000 $ 500,000 $ 250,000 $ 500,000 $ 55,000 $ 25,000 $10,000/$20,000 $ 25,000 $ 2,000,000 $25,000/$50,000 $25,000/$50,000 $ 250,000 $ 10,000 $ 100,000 $ 250,000 $ 250,000 $ 0 SCHEDULE OF COVERED PROPERTY I; ',> ,"",' Cj';,: ,.' "'.", "" , Buildil'lg ............. ' .. j',,':.'.: Contents', " I R~placemel'lt R~pl,a~eme.nt .,. " ", Address . ... ,",." ". , ." " Description '. ; . Value .,. ,; Value ..... 6820 SW 64 A VENUE ALL AMERICA PARK/ 3 PICNIC TABLES $ 7,000.00 5907 SW 70TH STREET AUTO INSPECTION STATION $ 44,000.00 6300 SW 56TH STREET BREWER PARK -1/2 BASKETBALL COURT $ 13,000.00 6300 SW 56TH STREET BREWER PARK -2 RACQUETBALL COURT $ 28,665.00 6300 SW 56TH STREET BREWER PARK -2 TENNIS COURTS $ 52,000.00 6300 SW 56TH STREET BREWER PARK -360FT OF 5FT HIGH FENCE $ 3,900.00 6300 SW 56TH STREET BREWER PARK -460FT OF 10FT HIGH FENCE $ 7,800.00 BREWER PARK -PLAYGROUND AND 6300 SW 56TH STREET SWING SET $ 34,125.00 6121 SW 68TH STREET CAA HEAD START CENTER $ 471,200.00 $ 5,487.00 4795 SW 75TH AVENUE CITY GARAGE $ 560,000.00 6130 SUNSET DRIVE CITY HALL I POLICE $ 3,839,900.00 $395,472.00 4795 SW 75TH AVENUE CITY'S REPAIR SHOP $ 63,000.00 $ 59,267.00 8600 RED ROAD DANTE B FASCELL -1 TIKI HUT $ 10,000.00 8600 RED ROAD DANTE B F AS CELL COMMUNITY STORAGE $ 63,000.00 DANTE B FASCELL PARK -1 BASKETBALL 8600 RED ROAD COURT $ 13,000.00 8600 RED ROAD DANTE B FASCELL PARK -2 GAZEBOS $ 65,000.00 DANTE B FASCELL PARK -2 RACQUETBALL 8600 RED ROAD COURTS $ 28,665.00 8600 RED ROAD TENNIS COURTS INCL $6,500 CONTENTS $ 123,500.00 DANTEBFASCELLPARKIPLAYGROUND 8600 RED ROAD ($6,500 CONTENTS INCLUDED $ 104,000.00 DANTE B. FASCELL PARK I TENNIS PRO 8600 RED ROAD SHOP & RESTROOM BLDG $ 95,880.00 SW 58TH AVE & SW 80 ST DISON PARK GAZEBO $ 25,000.00 SW 58TH AVE & SW 80 ST DISON PARK -PICNIC TABLE $ 2,000.00 6445 SW 81 STREET FUCHS PARK-BATHROOM $ 84,000.00 FUCHS PARK PAVILION ($4,550 CONTENTS 6445 SW 81 STREET INCLUDED) $ 31,000.00 $ 4,550.00 6445 SW 81 STREET FUCHS PARK PLAYGROUND & SWING SETS $ 70,769.00 6609 SW 60 STREET GIRL SCOUT PROPERTY $ 234,060,00 6701 SW 58 PLACE HOPE BUTLER ACTIVITY CENTER $ 271,680.00 7220 SW 61ST COURT JEAN WILLIS PARK I GAZEBO $ 19,500.00 9 'l , .):'; .... " '~.>./. :BuUding .' '." .. ' . ;. COlltents; . ':) I . Replacement ··········;············· .. N I: ':':') 'Repla~ement • .' ' ...... : .•.... ·····i\ddress . . .:.i· . : .•.. :, .' .. ' ....... ..Description .' ......" ..• >( Value' ' . Value .' . MARSHALL WILLIAMSON PARK -2 TENNIS 6121 SW 68 STREET COURTS $ 52,000.00 MARSHALL WILLIAMSON PARK / 3 6121 SW 68 STREET BENCHES $ 1,170.00 6121 SW 68 STREET MARSHALL WILLIAMSON PARK / GAZEBO $ 65,000.00 MARSHALL WILLIAMSON PARK / 6121 SW 68 STREET PLAYGROUND AND SWING SET $ 32,500.00 5800 SW 66 STREET MURRAYPARK-2SHADESTRUCTURES $ 2,000.00 6701 SW 58 PLACE MURRAY PARK / COMMUNITY CENTER $ 360,000.00 6900 SW 59TH PLACE OFFICE / POLICE SUBSTATION $ 28,665.00 5975 SUNSET DRIVE OFFICE / POLICE SUBSTATION $ 32,500.00 PALMERPARK-1,000 FT OF 10FT HIGH 6701 SW 67TH AVENUE FENCE $ 16,900.00 6100 SW 67 AVENUE PALMER PARK FIELD HOUSE $ 115,620.00 $ 9,147.00 6701 SW 67TH A VENUE PALMER PARK -CONCESSION BLDG $ 54,000.00 6445 SW 81 STREET PALMER PARK -FIELD STORAGE BUILDING $ 45,500.00 6701 SW 67TH AVENUE PALMER PARK -RESTROOM BLD $ 84,600.00 PALMER PARK /1,200 FT OF 5FT HIGH 6701 SW 67TH AVENUE FENCE $ 13,000.00 6701 SW 67TH AVENUE PALMER PARK FIELD HOUSE $ 109,205.00 $ 9,147.00 6701 SW 67TH AVENUE PALMER PARK FOOTBALL STORAGE BLDG $ 75,000.00 $ 45,730.00 6701 SW 67TH AVENUE PALMER PARK FOOTBALL STORAGE ROOM $ 33,000.00 $ 19,500,00 6701 SW 67TH AVENUE PALMER PARK PLAYGROUND $ 26,000.00 5829 SW 73RD STREET PARKING GARAGE $ 8,435,520.00 4795 SW 75TH AVENUE POLICE STORAGE BLDG $ 18,900.00 4795 SW 75th A VENUE PUBLIC WORKS OFFICE BUILDING $ 281,200.00 $ 7,318.00 6130 SUNSET DRIVE SILVA MARTIN BLDG $ 420,180.00 $ 56,706.00 4795 SW 75TH AVENUE SOLID WASTE BLDG $ 103,500.00 5800 SW 66 STREET SOUTH MIAMI COMM CENTER / GYM $ 3,218,560.00 $ 390,000.00 4795 SW 75TH AVENUE STORAGEIMOTOR POOL OFFICE $ 54,000.00 7800 SW 59TH AVENUE V AN SMITH PARK / RESIDENCE BLDG $ 224,600.00 6121 SW 68 STREET MARSHALL WILLIAMSON/4 PICNIC TABLES $ 3,120.00 6726 SW 59 PLACE POLICE SUB STATION $ $ 26,000.00 N OF SUNSET/60 AVE BUS SHELTER $ 50,000.00 N OF SUNSET/67 AVE BUS SHELTER $ 50,000.00 S OF SUNSET/67 AVE BUS SHELTER $ 50,000.00 S OF SUNSET/CITY HALL BUS SHELTER $ 50,000.00 E OF SW 62 AVENE BUS SHELTER $ 50,000.00 TOTAL INSURED VALUE $ 20,433,824.00 $ 1,080,342.00 10 PROPOSED PROPERTY COVERAGE Continued ... Deductible: All Other Perils: Named Windstorm: Flood: Coverage Enhancements: $ 2,500 Per Occurrence -Building & Contents and Extensions of Coverage 5% Per Occurrence -Subject to $15,000 Minimum $2,500 Per Flood except zones A, V excess ofNFIP, whether purchased or not • Boiler & Machinery $21,514,166 NOTE: Detached walls, fences, radio and TV antennas, trees, shrubs, plants free-standing property improvements such as athletic equipment, windscreens, light poles, satellite dishes or signs are not covered unless specifically scheduled on the policy. Property and Extensions of Coverage include, but are not limited to the following exclusions: • Earthquake/Earth Movement • Terrorism • Electronic Data • Electronic Date Recognition • Asbestos • Pollution • Fungus • War, Nuclear • Ordinance or Law -Limited per Extensions of Coverage 11 WINDSTORM & HAIL DEDUCTIBLE SAMPLE ILLUSTRATION FLAT DEDUCTIBLE vs. PERCENTAGE Windstorm and Hail Deductible This deductible would apply to a claim for damage caused by windstorm. Building Replacement Cost Flat Ded. 2% Ded. 3% Ded. 5% Ded. Bldg #1 -$1,000,000 $5,000 $20,000 $30,000 $50,000 Bldg #2 -$2,000,000 $5,000 $40,000 $60,000 $100,000 Bldg #3 -$3,000,000 $5,000 $60,000 $90,000 $150,000 Bldg #4 -$4,000,000 $5,000 $80,000 $120,000 $200,000 TOTALS: Value -$10,000,000 $20,000 $200,000 $300,000 $500,000 Percentage wind deductibles are calculated as a percentage of the total replacement value. The deductible for all other perils applies to an "occurrence", not per building. 12 PROPOSED INLAND MARINE COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated by A.M. Best Description of Property: Parking Meter Equipment Causes of Loss: Special Form: Excluding Flood and Earthquake Values of Insurance: $ 417,896.00 Loss of Use coverage is not automatically included Valuation: Actual Cash Value Deductible: $1,000 Exclusions Include But Are Not Limited To: Flood Earthquake/Earth Movement Terrorism Biological or Chemical Materials Electronic Data Electronic Date Recognition Asbestos 13 PROPOSED CRIME COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated by A.M. Best Type of Policy: Combination Crime Limits of Coverage: Employee Dishonesty Inci. Faithful Performance $ 100,000 Per Loss Covers loss of money, securities and other property by employee dishonesty at an premises of the insured. Forgery or Alteration $ 100,000 Covers loss by forgery or alteration of checks, drafts, and promissory notes (except by an employee) that are made or drawn by the insured or his agent. Computer Fraud $ 100,000 Covers against theft of money, securities, or property by using a computer to transfer covered property from the insured's premises or bank to another person or place. No coverage is provided for theft of information or for computer vandalism. Other Coverages Available: C. Theft, Disappearance and Destruction D. Robbery and Safe Burglary E. Premises Burglary G. Extortion H. Premises Theft and Robbery Outside 1. Lessees of Safe Deposit Boxes J. Securities Deposited with Others Deductibles: Employee Dishonesty Forgery or Alteration Computer Fraud $1,000 $1,000 $1,000 14 PROPOSED GENERAL LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated By A. M. Best Type of Form: Commercial General Liability -Occurrence Form Limits of Liability: Bodily Injury & Property Damage Liability Personal Injury & Advertising Injury Damage to Premises Leased/Rented to You Bodily Injury and Property Damage Deductible $1,000,000 Each Occurrence NI A General Aggregate Included Included Included Products & Completed Operations Aggregate Any One Person or Organization Any One Fire NI A Per Occurrence Higher Liability Limits may be Available Upon Request Exposure Basis: Class Municipality Basis Payroll Amount $4,034,994 Be sure to get Certificates of Insurance with "Adequate" Limits and Coverage from Subcontractors, to avoid being charged as though Subcontractors were your Employees. Coverage Enhancements: Herbicide & Pesticide -$1,000,000 Aggregate Limit Exclusions include but are not limited to: • Pollution • Asbestos • Mold • Fungus, Bacteria • Lead • Nuclear • Medical Payments • No Fault Sewer Back-Up • Liquor Liability • Copyright or Patent Infringement 15 PROPOSED EMPLOYEE BENEFITS LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated by A.M. Best Coverage Form: Occurrence Limits of Liability: $ 1,000,000 Per Person NI A Aggregate Deductible: N/A Employee Benefits Liability: To pay on your behalf all sums which you shall become legally obligated to pay on account of any claim made against you by an employee, former employee, or the beneficiaries or legal representatives thereof and caused by any negligent act, error or omission of yours, or any person for whose acts you are legally liable in the administration of your Employee Benefits Program. 16 PROPOSED LAW ENFORCEMENT LIABILITY COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated by A.M. Best Type of Form: Occurrence Limits of Liability: Per Person Per Occurrence Aggregate Deductible: N/A Exposure Basis: Class Law Enforcement $1,000,000 $1,000,000 N/A Basis Number of Officers 17 Amount 50 Full Time PROPOSED PUBLIC OFFICIAL/EMPLOYMENT PRACTICES LIABILITY COVERAGE OPTION I Insurer: National Union Fire Insurance Company Rated AXV By A. M. Best Co. Type of Form: Claims Made Limits of Liability: Each Ciaim Aggregate $1,000,000 $1,000,000 Defense Costs Are Outside Limit, Subject to Sublimit Endorsements, Per Attached Forms Deductible: $100,000 Each Wrongful Act other than an Employment Practices Violation $100,000 Each Employment Practices Violation $500,000 Retention applies to all Zoning Claims Exclusions: *Per attached Exclusions and Amendatory Endorsements * Specimen Policy, Forms, Endorsements, Sublimit Endorsements and Exclusions Per Attached For Review Subiect To: • Additional claim reserve details on the 08/24/12 zoning claim settlement • Copy of the EPL handbook 18 PROPOSED PUBLIC OFFICIAL/EMPLOYMENT PRACTICES LIABILITY COVERAGE OPTION II Insurer: Ace American Insurance Company Rated A+XV By A. M. Best Co. Type of Form: Claims Made Extended Reporting Period: 12 months for 100% of last annual premium Limits of Liability: Each Claim Aggregate $1,000,000 $1,000,000 Defense Costs are Within Limit of Liability -Capped at $1,000,000 Deductible: $100,000 Public Officials Liability -Public Entity Liability-1 A2 and 1B $150,000 Each Employment Practices Violation -1 C $250,000 Retention applies to all Zoning Claims Exclusions: *Per attached Exclusions and Amendatory Endorsements * Specimen Policy, Forms, Endorsements, Sublimit Endorsements and Exclusions Per Attached For Review Subject To: • Copy of the EPL handbook 19 PROPOSED COMMERCIAL AUTOMOBILE COVERAGE Insurer: Preferred Governmental Insurance Trust Not Rated By A. M. Best Limits of Liability: Bodily Injury & Property Damage Liability $ 1,000,000 Liability Coverage Provided For: Personal Injury Protection $ (Florida No-Fault) Medical Payments $ Uninsured Motorists Non-Stacked $ Physical Damage: Per Scheduled Vehicles ~~~n $ Comprehensive $ Physical Damage Coverage Provided For: All New or Reolacement Vehicles Must Be Reported Immediately so as to avoid any possible gap in coverage 10,000 Not Included Not Included 1,000 1,000 Combined Single Limit Symbol #: 1 Any Auto Each Person -Symbol #: 5 Owned Auto SUb.ject to No Fault Each Person -Symbol Per Accident Deductible Deductible Symbol #: 7 & 8 Scheduled Autos Only and Hired Autos Only Higher Limits of Liability May Be Available Upon Request Description of Vehicles: Please See Attached Schedule of Automobiles -139 Total Units Coverage Enhancements: • Hired Auto Liability • N on-Owned Auto Liability • Hired Physical Damage Limit: $75,000 Subject to deductible NOTE: The vehicles listed on this policy must be owned by, titled to or leased to the Named Insured. 20 VEHICLE SCHEDULE Uni!# Make ModelfOescr'ption Oepartment AlEff CompDed CompEft Term Value QIy Year VIN# Vehicle Type AL Term Coli Ded Coil Eft Coil Valuation I APD Rpld T",m Tvae 001 g,f.\ CLNR TRlR 10101113 NA $0 1 1SE!7 1287 Trailer-NO 10!D1I14 N.A. NIAI 002 BUCKET TRUCK 1010U13 HI'. SO 1 1990 411 Hea\')' Truck 10101114 Nt.. I NIAI 003 DliMPTRUCK 10101113 $1,000 1010t113 10101114 S2S}OOO 1 1993 3377 Heavy Truck 1OI011i4 $1,000 10/01113 HlIJ 11 i4 Actual cashl 525,00 004 PICKUP 10101113 HI'. SO 1 1939 8334 Light Truck 10101/i4 Nt<. NIAI 005 CROWN VICTORIA POLICE 10101113 Nil. SO 1 1996 8664 Police Car 1()101114 NA NfAI 007 CROWN VICTORIA POLlCt: 10!DUn Nil. SC 1 19Sa 8665 Police Car l()IOlfl4 NA NfAj 009 CROWN VICTORIA POLlCt: 1011l1f13 Nil. SC 1 1%7 8003 Police Car 1()IOl1l4 I'll'. NfAI 010 CRO'NN VICTORIA POLICE 1IlJ01f13 Nil. SC 1 1997 391 Police Car 10!01f14 NA N1AI 011 CROWN VICTORIA POllCt: 10J01!13 N.A. SC 1 1997 390 Police Car lQ101f14 NA NfAI 012 SWEEPER 1DfD1113 :. HI'. $C 1 19'37 2272 Heavy Truck 1D!D1114 NA Nlfl.l 013 RANGER PICKUP lD!Ol113 . Nfl. SC 1 1997 483 Light Truck 10101114 Nt<. NlAI 014 PiCKUP 10101113 NA SO 1 1998 5034 Light Truck 1 Df!J1114 Nfo. NlAI 015 CROWN VICTORIA POliCE 10!OU13 14A SO 1 1998 7544 PollceCar 10101114 NA NlAI 016 CROWN VICTORIA POliCE 10101113 !4A :. SO 1 1998 7545 Pollee Car 10101114 NA NIA] 017 CROWN VICTORIA POliCE "10/01n3 t'lA , SO 1 1998 7547 PohceCar l1Hil114 NA I I NiAf 018 CROWN VICTORIA POliCE 10101113 f'lA .: SO 1 1998 7548 Police Car '10/01/14 Nt.. NfAI 019 RECYCLE TRUCK 11:101113 $1,000 10101113 10101114 . $31,000 1 1990 7182 Hea\'Y Truc~ "lo,lOll14 51.000 10,101113 10101114 ".ctual cashl 531,00 020 F250P1CKUP 1D!Oll13 NA $( 1 1989 1506 Light Tftick -10!01H4 NA NlAI 021 F150P1CKUP 10.101113 HI'. $( 1 199B 1507 light Truck "10!01114 NA NlAI 022 CROWN VICTORIA POLICE 1 ()Ill 1113 NA SC 1 1995 2389 Police Car 10101/14 Nfl. N1AI 023 CROWN VICTORIA POLICE 10/DUD I···· HI'. S( 1 1999 2390 Police Car 10101114 Nfl. NfAI 21 Unit# Make Qty Year 024 '1 1999 025 1 1999 026 1 1989 027 1 iSS&' 028 1 2000' 029 1 2000 030 1 2000 032 1 200G 033 1 2001 034 1 1995 035 1 2001 036 1 200l 031> 1 2001 039 1 1994- 040 1 2001 041 1 2001 042 1 2001 043 1 200t 044 1 2001 045 1 200t 046 1 1997 VEHICLE SCHEDULE Continued Model/Description Department AL Elf CompOed YIN # Yehicle Type At Term Coli Oed CROWN VICTORfA POLlCE lOlOH13 HI'. 2394 Police Car 10/0 1} 14 !>II'. CROWN VICTORfA POLlCE 1(lJ0111.3 !>II'. 23% Pellce Car 10J01J14 NA ECONOLINE VAN 1GIOll13 NA 5220 Bus <20 Pass, No H1IOl114 NA ECO 15 ?.A.sS VAN HllOl113 NA 64% Bus -<;,"'20 Pass, No 'l(!JOl114 NA EXPLORER '10/01113 NA 3386 UghtTruck 10/01114 NA CROWN V1CTORfA POLlCE 10JOll13 HA 2531 Police Car 10101114 Ni', CROWN VICTORIA POliCE 10101113 NA 2531 Police Car '10101114 NA CROWN VICTORIA POUCE lG!GV~3 NA 2535 Police Caf 'l(!101114 NA. F250 PICKUP lG/G11l3 NA 1259 Ught Truck 1GJ01d4 NA BOX TRUCK '10101/13 $1,000 9673 Hem'yTwck 101G1!14 Sl,OlK) TRUCK 10j01l13 $1,000 lS20 HemeyTruck 'lJ101l14 51,000 PiCKUP 10/01113 $1;000 3262 UghtTwck 10JDH14 $1,000 P1CKUP 10}Ol113 NA 3263 Light Truck 10101114 NA S-'lJ '10/01/13 NA 9457 UghtTruck 1()lOl114 NA EXCURSION 10/01!13 HA 7437 UghtTruck 10101114 NA CROWN VICTORIA POUCE 10101113 NA .... 3403 Police Car 'lJ!OlI14 NA CROWN VICTORIA POLlCE 'lJl0)]13 NA 34D4 PoHceCaf '1DJQ1114 NA CROWN VICTORtA POLlCE 10101113 NA 3407 Police Car 10101114 HA CROWN VICTORfA POLlCE 10101113 NA 3403 Police Car 1O!Ol114 NA F250PICKUP POllCE '1D/01113 NA son Pelice Car 10101114 HA P~CKU? 10/01113 NA 7334 UghtTruck HI01l14 NA- 22 Comp,Eff Term' Vatue Coil Eft Coil Yaluation I APD Rptd TQm> Tvne SO ~UAI SO I N/AI $0 NfAI $0 NfAI $0 NfAJ .. SO NIAI SO NfAI $0 NIAI , $0 NIAJ lORllI13 18'01114 $11,000 l(),1{)1l13 1 (),I!lt!14 Actual Cash) 517,00 101!lt!13 10/01114 $39,000 10iG1J13 1 (),I!lt/14 Actual Cashl 539,00 l00it13 10/01114 $19,000 lOlGH13 1 C10l! 14 Adual CailhJ 519,00 $0 NlAI $0 NfAL $0 I I NJAI • •• , SO NlAJ $0 NlAI $0 NfAI SO NIAI $0 NJAI ...... SO NiAI Unit # Make Qty Year [\48 1 1991 USO 1 2004 DSI 1 200S ,052 1 2004 053 1 2004 054 1 1994 055 1 20G4 056 1 2004 057 1 2004 {)58 1 200S 059 1 200S 060 1 200S 081 1 2005 062 1 200S 063 1 2005 {)64 1 2005 065 1 2005 D6? 1 2005 068 1 2007 D6S 1 20% 070 1 2006 VEHICLE SCHEDULE Continued ModellOescription Department AlEIf CompDed VII~ # Vehicle Type Al Term Coli Oed E350VAN HlIOll13 NA 153 UgM Truck 10101114 Nt.. GARBAGE TRUCK 10101113 $1,000 8407 Garbage Truck lDI01J14 $1,000 TRASH TRUCK 10101113 $1,000 7533 Gar""ge Truck lDI01J14 $1,000 TRASH CRANE lDJ01!13 $1,000 862 Garbage Truck 10101/14 $1,000 F450 BUCKET TRUCK 10101113 $1,000 6749 He81i}t Truck 10101114 $1,000 SCOOTER H1101113 Nil. 167 Extra Light Se,vjce 10101114 NA TRAILER 1DJ01113 $1,000 1773 Trailer-NO 10101114 $1,000 3 WHL CYCLE H110li13 $1,000 411>2 Extra Li9ht Servjce 10101114 $1,000 GARBAGE TRUCK H1IOll13 $1,000 :2 Gmb'ge Truck 10101J14 $1,000 TRASH TRUCK tOiG 111 3 Nil. 2891 Ga(oage Truck 10101114 NA CROWN VICTORIA ?OUCt: 1e/DlIB $1,000 9240 Police Car 10101!14 $1,000 CROWN VICTORIA POLlCE 10101!13 S1,000 9247 ?OIiCE Car 1flJOl114 $1,000 CROIJVN VICTORIA POLICE 10101113 $1,000 9249 ?OIiCE Car 10101114 $1,000 CROWN VICTORIA POLlCE 10JOl113 .$1,0[)0 9250 Police Car 10,1() 1114 $1,000 CROWN VICTORIA POLICE 1OJOl113 $1,000 9252 Pohce Car HlI01114 $1,000 CROWN VICTORIA POLICE 10101113 $1,000 9253 Police Car 10,101114 $1,000 F25DPICKUP POLlCE 10101,'13 $1,000 8300 Police Car 10,101114 $1,000 EXPEDITlON 10/01113 $1,000 8547 Light Truck 10101114 $1,OOll TRASH TRUCK 10101113 $1,000 7296 Garbage Truck llll01114 $1,000 TRASH CRANE 10101113 $1,000 8936 Garbage Truck 10101114 $1,000 RANGER PICKUP 10JOlin $1,000 8007 Light Truck 10101114 $1,000 23 CompEIf Term Value Coli Eft Coli Valuation -' APD Rpid T~r~ Tvne .. .. $0 NlAI 10101!1S 1001114 $3S,OOO 1 Oiil 1!13 I 10iill114 AdualCashl $35,00 10101113 101lHI14 . $32,0('0 10iillil3 101G1114 Actual Cashl $32,00 10/01113 10/oU14 $32,000 1ClO1!l3 10101114 Actual Cash/ $32,00 10101113 lOO.1!14 $28,000 10101113 10101114 Actual cashl $28,00 I' $0 N/AI lGJ01tl3 1C1G1!14 . . $1O,{)00 lOlGl1l3 10101114 Actual Cashl $10,00 1&01113 1OO1l14 $7;500 1001113 10101114 Actual Cashl 51,50 10101113 10101114 $35,000 1 OlG 1113 10/01114 Actual cashl S35,C{) SO NiA/ 10101113 10101114 S19,322 10l011l3 10l01i14 Actual Cash/ $19}2 10;'01113 10101114 $19,322 1C101113 10101114 Actual Cash/ $19,32 .10101113 lOO1fj4 $19,32<! 10/01113 10101114 Actual Cash/ $19 132 1010JJ13 1011lil14 .... . $19,322 10101.113 10/o1l14 Actual C85hl $19,32 fS~",c."1 $19,32 $19,32 10101113 ' $19,32 10101113 1001114 Actual Cashl $19 132 10101113 lOO1f14 $23,OOC 10!O1!13 10l01l14 Actual cashl $23,00 101G1113 1001114 $22,500 10101!13 10/01114 Actual Cashl S·22;SG 1OOl!13 1011J1t14 $47,000 101O1!l3 1 O/ll 1114 Actual Cash/ $47,00( 10!G1n3 10iil1l14 $46,000 10101!13 10/01114 Actual Cashl S4G,OIJ( H:401/13. 10101114 $21,500 10/0l113 10101114 Actual Cashl 521,5GI Unit# Make Qty Year 071 1 200S 072 .) 203OS 073 1 2005 074 1 2006 075 1 2006 076 1 2006 077 1 200S 076 1 200£ 079 1 2007 080 1 2007 081 1 2007 082 1 2007 083 1 2007 084 1 2007 085 1 2007 086 1 2007 087 1 20117 088 1 2007 089 ) 2007 DaO 1 2007 091 1 2007 VEHICLE SCHEDULE Continued ModeltDescriptiofl Department AlEff CompDed VIN# Vehicle Type Al Term Coli Ded CRO'NN VICTORIA POLICE 10l[!11H $1,000 3762 Police Car 1(}IOl114 51,000 CROWN VICTORIA POUCE to/Oll13 $1,000 3763 PolicaCar mJOl114 51,000 CROWN VICTORtA POUCE 1Gf01l13 ·$1,000 3764 PoEce Car 10,'01114 $l,(Hm CROWN VICTORiA. POUCE 10/01113 $1,000 31S1 Felice Car 1()!01114 $l,OIXl CROWN VICTORIA POLICE 10101113 51,000 376G Police Car 10JD1f14 $1,000 CROW}·) VICTORIA POLICE lOJ011B $1.,000 3750 Police Car 10/01114 $1,000 CRONN VICTORfpt POUCE 10101113 $1,000 3758 PoltceCar 10101114 51,000 CROWN VICTORIA. POUCE 1()lOl113 Sl,aoo 3757 PcEcaCm tG!Ol!14 51.000 RANGER PICKUP 101D1113 $1,000 9505 Light Tmck 10101/14 $1,000 CREVV CAB TRUCK liliDllH $1,000 7333 Light Truck 1DJD1l14 $1,000 CROWN VICTORIA POUCE 1G!Ollt3 $i,OQIJ 4579 PelireCar 101!l1l14 $1,000 TRASH TRUCK 1GIOll13 .$1;000 .. 5792 Gamage Trud. 10101114 51,000 E-450 PASS VAN 1010111:3 "'~n;!loo 6367 Medium Truck 10101114 $1,000 F25!J 4X2 TRUCK !(l10111:3 $1,000 8133 Ught TfIlCK 10l01i14 $1,000 CROWN VICTORIA POUCE 1D!01113 $1,000 260 Police Car llJ!D1114 $1,000 CROWN VICTORIA POUCE 1[).lD11H $1,000 261 PoHceCar 10101114 51,000 CRO'NN VICTORIA POUCE tGtoU13 $1,000 262 Pol~ceCar 10.101114 $1,000 CROWN VICTORIA POliCE 1&01113 .'c!: c$1.;OOOc, 263 Police Car 10101114 SI,OOO CROWN VICTORIA POUCE 10101/13 51,000 264 Police Car 10101114 Sl,OlHl CROtlN VICTORIA PoueE 1G!OlfB $1,000 1644 Police Car 11)IDl114 $1,OO!J 1'450 SUPER PICKUP lflJDlI13 $1,000 7463 Medium Truck 10/01114 $1,000 24 Camp Elf Term Value Call Eff Call Valuation I API} Rptd T .. ,m TVlJe 10AlU13 lClO1J14 522,000 1{)J(}1113 10101114 Actual Cashl $22,OQ l&OlIH 1&01I14 522,000 1IJ10)113 1 101011141 ~.dual cashl S22,OO 11l1(H.I!3 1l}Alm4 522,000 ')WOin3 lWO!!14 Actual Cashl 522,00 1 OAl lJ13 .1&0"1114 sn,ooo lIJiOll13 1QiCtli4 Actual Cashl 522,00· 1!lP.l!l13 10flHt14 $22,000 Hl101l13 HllOll14 Actual Cashl 522,00{ 10f01113 10P.l1t14 $22,000 1GlO1l13 10101/14 Actual cashl S22,00 lOP.ltl13 llJP.l11l4 $22,000 10,101/13 l0lNI14 Actual Cashl 522,00· 10l(H.l13n=r .' . S22,OOO 10.1'01113 I HYOH A.ctual Cashl .$22,00 'WiD!!13 10/\H!14 S'lS,800 1JJ(l1l13 1 {)JOl/14 Actual Cashl S19,80 10P.l1l13 lQJ(l1J14 ". 522,000 10101113 HllOm4 Actual Cashi $22,00 1&0111" 1001114 $25,000 lG101!13 l!l101l14 .Actual cashl $25,00{ 1&01113 10/0tJ14 545,000 1 {)JOlJ 13 1{)J01l14 Actual Cashl $45,00 1!)J(l"ll13 10fOHi4 $2&,000 WI01l13 WIOr/14 Actual cashl $26,OD 1G!Ol113 W!OlI14 $30,000 1 GlO 1f13 HliOll14 Actual Cashl 530,00 10f01f13 lOl0U14 $25,000 l1J101!13 1 HlAlll14 1 Actual cashl $25,00 1&Olt13 10J(l1l14 $25,000 1 D!01:l 13 1010"l!14 .Actual Cashj $25,00 l&o'1I13 l&O'lI14 $25,000 1GlOH13 lG!O"li14 Actual Cashl S25,OO '/'01,;)11'13-'1001114 '>'/ ccc'$25;OOO 10101113 1&01114 Actual Cashl $25,00 1&01113 lOAlm4 .... 525,000 lGlOlll3 lG.l0!!14 Actual cashl 525,00 '10.81113 10J(l!l14 $25,000 lHlOH13 lGIOtl14 Actual Cashl $25,00 lGl[!l.!13 l&OU14 c 540,000 1GIO"ll13 1 {)J01!14 Actual Cashl $40,00' Unit # Make Qty Year 092 1 20013 093 1 20013 094 1 200S 095 ·1 200S 096 1 2008 097 1 20013 098 1 2003 099 1 :1008 100 1 2009 ·101 1 2009 102 1 2009 103 1 2009 104 1 200S 105 1 2010 106 1 2009 107 1 2009 lOS Ford 1 ZOlC 109 ford 1 2010 110 Ford 1 2010 111 Ford 1 2010 112 Ford 1 2010 VEHICLE SCHEDULE Continued ModellDescription Department ALEff CompDed V1I1# Vehicle Type AL Term Coli Ded E-3S0 VAN lOJOll13 $1,000 917:9 UghtTruck 10101114 $1.000 F2511PICKUP 1010H13 $1,000 4733 UghtTruck 10101114 $1,000 TRASH TRUCK 101{J1I13 $1,000 6168 Garbage Truck 10101114 $1,000 PICKUP 1010\113 $1,000 4732 UghtTruck 1010li14 $1.000 WATER TRUCK 10101113 $1,000 6415 Heavy Truck 10101114 $1,000 15 PASS VAN 10101113 $1,000 6821 Bus <20 Pass, No 1OJOlf14 $l,aCC 15 PASS VAN 10101113 $1,000 6820 Bus <,0 Pass, No 10101114 $1,000 EXPEDtTION 10101113 $1,000 6600 UghtTruck 10101114 $l,OOC· 15 PASS 'lAN 10JOm3 $1,000 9630 Bus <20 Pass, No 11l!'Oll14 51,000 CROWN VICTORIA POLICE 11:401113 $1,000 1415 Police Car 1OIOV14 $1,000 CROWN VICTORIA POLlCE 10101113 $1.000 1416 Police Car 1O/01f14 $1,000 CROWN VICTORIA POLlCE 10/01113 $1,000 1417 Police Car 101Ot/14 $1,000 CROVVN VICTORIA POLICE 10101113 $1,000 1418 PcliceCar 10101114 $1,000 DUMP TRUCK 1Ol01l13 $1,000 7808 Heavy Truc~ 10101114 $1 ,OW f250 10101113 $1,000 13131 UghtTruCK 10101.'14 $1,000 GARBAGE TRUCK 10101113 $1,000 9492 Galilage Truck 10/01114 $1,000 CfOvn1 Victolia Police Interceptors 10101113 $1,000 lfABP7BV2foX141487 Police Car 10101114 $l,GOO Crow" Victoria Police Interceptor 10!O1l13 $1,000 2fABP7BV4AX141491 Police Car HlJ01l14 $1,000 Cf<lwn Victoria Police Intereepior HlJ01113 $1,000 2F ABP7BV4AX.1414 86 PoliCe Car 10J01i14 St,OllO Crown Victoria Police Interceptor 10/0 lin $1,000 2FABP7BVGAX141489 Police Car 10101114 $1,000 Crown Victoria Police Interceptor 1C!01f13 .$1,000 2,. ABP7BV2AX 141490 Police Car 10101114 $1,000 25 Comp Eft Term Value Coli Eft Coli Valuation I APD Rptd T~= Tvee 10/01113 1!l101!14 $28,000 10fDU13 10fGUi4 Actual Cashl 528,00 10101113 10/01114 .. :$24,000 10101113 1 10llJl114 1 Actual Cashl 524,00 10iOlf13 10101114 $45,000 10/01113 10/!l1114 Actual Cashl $45,00 1 (lJ01n3 1!l101l14 522,000 1010il13 10l!l 11 14 Actual Cashl 522,00 10101113 l!l101114 531,000 10101113 1OIGl114 Actual Cashl $31,00' 10l!H!13 10101114 $25,OOC 10IClltS 101(1)14 Adual Cashl 525,00 10ICtilS l!l1!l1114 525,{j!)O 10101113 10lGl114 Actual Cashl 525,00' 1!lIC1f13 l!l10!{14 525,llOC 1001113 10101114 Actual Cashl $25,00 10/01113 100 S2S,llQO ·1 (lJ01l13 'lOtO Actual Ca8hl S,25,00 10IC1!13 1Ot01114 $27,000 ·1Oi01l13 1 OIC 1f14 Actual Cashl 527,00' 1 527,000 ·1011HJ13 ·1 OItl 1i14 Actual Cashl 527,00 101'!H113 101'01114 527,000 10l!H113 1 OIClI 14 Actual Cashl 527,00 10101113 10101114 $27,000 1001113 l!l101114 Actual Cashl $27,00' 1!l101~ 533,GOO 1 Ol!l 11 Actual Cashl $33,00 10101113 10101114 , ~,OOO 10101J13 1 10tO 11 14 1 Actual Cashl 525,00 10101113 10IC1I14 , $40,000 10iOll13 10101114 Actual Cashl 340,00 WlO11l3 1(lJOl114 525;340 10101113 10ICll14 Actual Cashl $25,34 10101113 10101114 525,34( 11l!'01ll3 10101114 Actual (".ashl 525,34 10l01l13 10101114 $25,340 1 (lJ!l1l13 l!l1Gl!14 Actual Cashl 525,34 101!l1l13 10101114 .. $25,340 1!l101l13 10IGll14 Actual Cashl $25,34 1!l101l13 1!l1!l1114 ....... $25.340 1 OIC lf13 10IG1l14 Actual Cashl $25,.34 Unit#, Make Ofy Year 113 Ford 1 2010 114 Ford 1 201D 115 Ford 1 2010 '116 Ford 1 2010 117 GEM 1 2011 118 Haney De 1 2012 ·n9 HarleyDa 1 2012 120 Ford 1 201l '121 Ford 1 2Q1'\ 122 Ford 1 2011 123 Ford 1 2011 124 Ford 1 2011 125 Ford 1 2011 126 Ford 1 2011 127 Ford 1 2011 128 Ford 1 2012 n9 Ford 1 2011 130 Ford 1 2011 't31 Ford 1 2011 '!32 Ford 1 2011 133 Ford 1 2011 VEHICLE SCHEDULE Continued ModellDescriplion Department AlEIf CompDed VIN# Vehicle Type Al Term Coli Ded CrC'>vn Vidoria Pollce Interceptor 1()JQ11B $1,000 2F.ABP7BVM.X.141492 ?oHceCar 1()JGl114 $1,000 CrO\~m Victoria Police Interceptor 10/01113 $1,600 2FABP7BV8AXI41493 Police Car 10101114 $1,000 Crown Vidori" Police Interceptor 1()}OlIB $1,000 2FABP7SVS.AX1421813 Police-Car 1()IOli14 Sl.000 Crown Victoria Police l11tf'...fCeptof 10101IB $1,000 2FABP7BVOAXI414e.6 Police Car HlJ01l14 $1,000 E2 HlJOll13 . $1,000 TIlDLAZPARKING Extra Ught Service 10101114 Sl,OOO idson Pilofofcye 1I11011B $1,000 1HD1FHMI9CB614537 MotCfc:~{cie WI01114 $1.000 'idsOfl Motofr.yte H}f01l13 $1,000 1HD1FHM1XCBSI466:l MolOfcyc!e 10101114 $l,GOO Crown Victoria 10101113 $1,000 ?FA.R7HV58.K166594 PoEceCar 10/01114 nooo Crown Vlctcria HU01113 $1,000 2FABP7BV9:BX 1I'l6SE2 Police Car 10l01l14 $1,000 Crown Vldorm 10/01113 $1,000 2FABP7BV7BX166578 Police Car 10/01114 $1.000 Crown ',,!lerona: 10/01113 $1,000 2FABP78V4BXi66604 PohcoCar lOJDl114 $1.000 Crown 'V1ctorhl WIOl113 $1,000 2FABP7BVOBX166597 Police Car 10/01114 $1.000 Crown Victoria 1l13-$1.(100 2FABP78V3BX159445 ?ol~ceCar 1OJOl114 $1.000 Cro',W1: Victoria H/OlIi3 $1,000 2FABP7BV9:8X 1665% Police Car Hl!01I14 $1,000 CrotA'O \flctorla 10/0lln $1,000 2FABP7BV18X166Sg9 PuhccCar lCJ01114 $1.000 EconoHne 15 Passenger Van Non Police $1,000 1 FBSS3BL4CDB30778 Bus <20 Pass l No 10101114 $1,000 Crown Victoria Polioa 10/01113 $1,000 2FABP7BVBBX1571.75 PcEeaCar 10/01114 $HJ{)l} Crown Victoria Police 1CIOII13 $UJOO 2FABP7BV3BX 157176 Police Car lillDl114 $1.0(J{) Cro iAlf) V1ctorm Polica 10101113 $l,or&:l 2FABP7BVBBX157177 Pelice Car 10fOl1i4 $1,000 Crown VictoG:J Police 1(JJ01113 $1,000 2FABP7BV1BX157178 PclicaCar 10l01l14 $1,000 Crown vlctor~a Police 10101113 $1,000 2FABP7BV33X,157179 Polic:eCar 10101114 $1,000 26 CompEft Term Value Coli Eft Coli Valuation I APD Rpld T6,n> Tvne .1001113 lll101!14 525,340 1 DlD1Jl3 1 !lI()!114 Actual Cash! 3:5,34 10lO1113 1!l10Vl4 S2E\340 lGlOW31 1010!l14 .Actual Cash! 325,34 10lO1f13' 11l101I14 ~S2si~Q 1DlO1l13 1 CfO !I14 Actual Cashl $25,34 10l0l113 1001114 '$25,340 1DlilU13 WlOl114 .Actual Cashl $25,34 10101113 1 0101114 $14,575 1 !Jiil 111 3 1 0101114 Actual Cash! $14,57 101!J1!13 10{01I14 522,000 H}101J13 10101114 Actual Cashl $12.00 1 010 1113 IOlO'll14 $22,000 1 Jlil 1113 1 {Y0!l14 A.ctuel Cash! $21,00 '1001113 10101114 $31,479 ''''''''' '~C.'"I 531,47 10101113 101!),!1 .' $31,479 lD/Dif13 101011 "al Cash! $31A7 1001113: $31,479 lOlD1113 101G1I14 Actual Cash! 331,47 '1001113 10101114 $31A19 1DiD1HS 10/01114 Actual Cashl 331,47 1001113 ; 1DlO'1I14 $3t,479 lGIOU13 10J01l14 Aetual Cashl $31,47 13 1001n4 $;29,725 lC101113 1 !lIO 1114 Adual Cashl $29,72 10lD1113 1001114 '; $29.125 11)101113 1001114 Actual Cashj $29,72 1 OlO1f1S 1001114 $;29,7:25 100Dl113 I 1!l10!i14 aShl $29,72 1 $23,473 10/01/13 Actual Cashl S23,47 1 OlOmS $26,500 1Ci01l13 Actual cashT 526,50 [,llYR!l1~ i· " .. , .· .. ;fk~t5011 1 DlD1H3 Actual Cash! $~6,50 10liJiH3 ". $20,500 Hlf()1l13 .Actual caSh] $26,50 10l0!!!S 11llO1114 526,500 10/01113 1D10t/14 Adual Cash! $26,50 10!cl~ $26,500 1GlDUI3 4 ,.,etual Cash! $26,50 Unit# Make Oty Year 134 Ford 1 2011 135 Ford 1 1gee. 136 ford 1 1988 137 Nj.9snn 1 2000 138 Ford 1 2004 139 Chrysler 1 :m05 140 trrtemational 1 2006 141 Ford 1 20Q9 142 GMC 1 200S 143 foro 1 2010 144 Auto Car "1 2GB 145 freightliner 1 2013 146 GEM 1 2013 VEHICLE SCHEDULE Continued ModelfOescription Department AL Elf CompDed VIN# Vehicle Type AL Term Coli Oed Crown V¥Ctoria Police 10101113 $1,000 2F .A.BP78V28X 162583 Poli""Csr 10!01114 $1,000 Van Non Police 10101113 NA lFMCALLUXJ214E.S21 Ugtd Truck 10101114 NA Ranger Pick Up NOll Police 10101113 NA 1 FTZR11X6WY /.1.59706 UghtTruck 10101114 NA Altima XE 4dr No"Poliee 1010llB NA lN4DL01D&YC212203 Private Passenger 10101114 NA F2~·0 Pick Up Non Police 1010\113 NA 1FTNIN21 P24EA04216 Ugtd Truck 10!lJl114 NA 300 Non Police llJlOl!13 NA 2C3JA43R75H505771 Prtva1e Passenger 10101114 NA Trosh 10101113 NA lHTMMAAR46H172991 H"avyTruck 10101114 NA Crov.'n Victoria Non Police 10101113 NA iFAH971V59X,24118 Private Passenger 101{llf14 NA. Sl/~'€eper Sct{warze 10/0l1B NA J8DC4W'1669700 1 079 Medium Truck 10!O 1!l 4 NA erO'Wi) VRctorro. Non Police 10101113 NA 2fABP7BV7AX141814 PfNate Passenger 10101114 NA ACX Garl.>age Truck 1 OlOlil 3 $1,000 5VCACR8FSDH215134 Garbage Truck 10}Oll14 $1 ,DOG M2-106 Cran" Truck Non-Police 10/01113 $1,O® 1 FVACX5S1DHFE4262 Heav'! TruCK 10101114 51,000 2P Non-Police lC401!13 $1,000 52CG2AGA3DGOO3228 Friva!e Passenger 10101114 $1,000 * Vehicle Schedule: Total number of covered units: 139 27 CompEff Term Value Coli Eff Coil Valuation I APD Rptd T~rm Tvne 10101113 10101114 $20,=.00 10101113 10101114 Actual Caslil" 526,50 $0 Ni.AT $0 NlAI $0 N/AI SO ~UAI $C NtAI $0 N""1 SO NIAI " $0 NI.Al SO li/AI lOllJtJ13 lOlOtJl4 $269,409 HllOlI13 10lO Adualcashl $269,40 11)/01113 1 $154,442 lG/GHi3 10lGtI14 Actual cashl $154,44 1 0f01113 1OllJtli4 313,499 10101113 10101114 fo.ctual Cashl $13,49 Total S2.129~2ru APO SZ,729,260 Rptd SUMMARY OF PROPOSED PREMIUMS Premiums as Proposed: Expiring PGIT Renewal PGIT Renewal With POL/EPL With POL/EPL 012tion I 012tion II Property/PGIT Premium $118,293.00 $124,743.00 $124,743.00 Inland Marine/PGIT Premium 2,633.00 2,633.00 2,633.00 Crime/PGIT Premium 517.00 750.00 750.00 General Liability/PGIT Premium 33,007.00 58,992.00 58,992.00 Automobile/PGIT Premium 70,599.00 89,154.00 89,154.00 Law Enforcement/PGIT Premium 34,733.00 49,090.00 49,090.00 Public Officials Liability Premium 35,631.00 46,410.00 45,071.00 (POL) Fees 1,160.00 946.49 47,570.00 46,017.49 Employment Practices Premium Included in POL Included in POL Included in POL Liability (EPL) TOTAL $295,413.00 $372,932.00 $371,379.49 * Expiring Premium reflects annualized premiums on any midterm policy changes Changes include the following: • Property values increased from $18,963,111 to $21,514,166 Payment Option: PGIT Package: 25% Down, 25% due at 75 days and 25% due @ 165 days POLlEPL -Full payment at inception -Financing may be available A 25% Minimum Earned Premium applies to the following policies: Preferred Governmental Package 28 Quotes Subject To: • POLlEPL -Additional detailed loss settlement information on Zoning Claim of 8/24/12 • Signed and initialed PGIT applications • Signed PGIT UM Form and Signature Page • Automobile procedure and policy concerning 15 passenger vans • Sexual Abuse/Harassment policies and procedures • Copy ofEPL Handbook Quotation is valid until the effective date of the policy. This proposal is based upon the exposures to loss made known to the Agency, and is for illustration only. Any changes in these exposures (i.e., new operations, new products, additional states of hire, etc.) need to be promptly reported to us in order that proper coverage(s) may be put into place. All physical exposures insured by our policies must be owned by the named insured. This proposal contains only a general description of the coverage(s) and does not constitute a policy/contract. For complete policy information, including exclusions, limitations, and conditions, refer to the policy document. 29 A.M. BEST RATING OF PROPOSED COMPANIES COMPANY COVERAGE BEST RATING ADMITTED Preferred Governmental Insurance Commercial Property, Crime, Not Rated Yes Trust Inland Marine, General Liability, Law Enforcement Liability, Commercial Automobile National Union Fire Insurance Co. Public OfficiaVEPL AXV Yes Ace American Insurance Co. Public OfficiaVEPL A+XV Yes GENERAL RATING These rating classifications reflect BEST's opinion of the relative Qosition of each company in comparison with others, based upon averages within the Property-Casualty insurance industry. They are reflective of overall company services and standing within the industry. A++ A+*** A A-*** B++ B+** NR' Superior Excellent Very Good Not Rated B B-*** C++ C+*** C C~*** , Good Fair Marginal FINANCIAL SIZE CATEGORY The Financial Size Category is an indication of the size of an Insurer and is based on reported Policyholders' surplus plus conditional or Technical Reserve Funds, such as mandatory secunties valuation reserve, other investment and operating contingency funds and/or miscellaneous voluntary reserves reported as liabilities. ($ In thousands) Class I $ Up to $ 1,000 Class II $ 1,000 To $ 2,000 Class III $ 2,000 To $ 5,000 Class IV $ 5,000 To $ 10,000 Class V $ 10,000 To $ 25,000 Class VI $ 25,000 To $ 50,000 Class VII $ 50,000 To $ 100,000 Class VIII $ 100,000 To $ 250,000 Class IX $ 250,000 To $ 500,000 Class X $ 500,000 To $ 750,000 Class XI $ 750,000 To $ 1,000,000 Class XII $ 1,000,000 To $ 1,250,000 Class XIII $ 1,250,000 To $ 1,500,000 Class XIV $ 1,500,000 To $ 2,000,000 Class XV $ 2,000,000 To $ More This information has been provided to you so that consideration is given to the financial condition of our proposed carriers. The financial information disclosed is the most recent available to Brown and Brown of Florida Inc -Miami Division. 30 COMPENSATION In addition to the commission or fees received by us for assistance with the placement, servicing, claims handling, or renewal of your insurance coverage's, other parties, such as excess and surplus lines brokers, wholesale brokers, reinsurance intermediaries, underwriting managers and similar parties, some of which may be owned in whole or in part by Brown & Brown, Inc., may also receive compensation for their role in providing insurance products or services to you pursuant to their separate contracts with insurance or reinsurance carriers. Additionally, it is possible that we, or our corporate parents or affiliates, may receive contingent payments or allowances from insurers based on factors which are not client-specific, such as the performance and/or size of an overall book of business produced with an insurer. We generally do not know if such a contingent payment will be made by a particular insurer, or the amount of any such contingent payments, until the underwriting year is closed. That compensation is partially derived from your premium dollars, after being combined (or "pooled") with the premium dollars of other insureds that have purchased similar types of coverage. We may also receive invitations to programs sponsored and paid for by insurance carriers to inform brokers regarding their products and services, including possible participation in company- sponsored events such as trips, seminars, and advisory council meetings, based upon the total volume of business placed with the carrier you select. We may, on occasion, receive loans or credit from insurance companies. Additionally, in the ordinary course of business, we may receive and retain interest on premiums you pay from the date we receive them until the date the premiums are remitted to the insurance company or intermediary. In the event that we assist with placement and other details of arranging for the financing of your insurance premium, we may also receive a fee from the premium finance company. Wholesale Broker/Managing General Agent: Peachtree Special Risk Brokers This intermediary is owned in whole or part by Brown & Brown, Inc., the parent company of Brown & Brown of Florida, Inc. Miami Division. Brown & Brown entities operate independently and are not required to utilize other companies owned by Brown & Brown, Inc., but routinely do so. In addition to providing access to the insurance company, the Wholesale Insurance Broker / Managing General Agent may provide additional services including, but not limited to: underwriting; loss control; risk placement; coverage review; claims coordination with insurance company; and policy issuance. Compensation paid for those services may be up to 15% of the premium you pay for coverage, and any compensation paid for those services is derived from your premium payment. Should you have any questions, or require any additional information, please contact this office at 1-800-889-0799 or if you prefer, submit your question or request online at http://www.bbinsurance.comlcustomerinquiry.shtml. 31 PROPOSAL VARIANCE Changes that need to be made prior to binding: 32 MINIMUM AND DEPOSIT PREMIUM MINIMUM EARNED PREMIUM The following terms are often misunderstood, particularly among insureds or producers not accustomed to dealing with surplus lines insurance companies. It is important that the definitions are understood. MINIMUM AND DEPOSIT This is the amount of premium due at inception. Although the policy is subject to adjustment based on a rate per exposure unit, under no circumstances will the annual earned premium be less than the minimum premium. Therefore, the policy may generate an additional premium on audit, but not a return. If such a policy is cancelled mid-term, the earned premium is the GREATER of the annual minimum times the short rate or pro-rata factor, or the actual earned as determined by audit, subject to a short rate penalty if applicable. MINIMUM EARNED PREMIUM A minimum earned premium endorsement can be attached to either a flat charge policy or an adjustable policy. In either case, this amount is the LEAST that will be retained by the insurance company once the policy goes into effect. The amount retained would be the GREATER of the annual earned premium whether calculated on a pro-rate or short rate basis, or the minimum earned premium. FLAT CANCELLATIONS Surplus lines insurance companies normally do not allow flat cancellations. Once the policy is in effect, some premium will be earned. If you need further explanation, please do not hesitate to contact us. 33 CLAIM REPORTING GUIDELINES Make Brown & Brown, Inc. aware of any and all incidents immediately after they occur, whether it be an auto accident, a theft, slip & fall, even a minor incident that appears will have no future activity. Do not wait for a police report. Gather as much concrete information as possible. For example, police reports, company incident reports, conversation logs, medicals and pictures -anything that may assist in the handling of your claim. Send this information either by mail, e-mail or fax to: Brown & Brown of Florida, Inc. -Miami Division Alexandra Sarria, Commercial Claim Specialist 14900 NW 79 Court, Suite 200 Miami Lakes, FL 33016 Phone: (305) 364-7812 Vn ..... {'ll\~\ "71 A A AI\1 -.L' UA. \ -' \1....,} 1..1. .,.-.,. .... "..1. E-Mail: ASarria1@bbmia.com If you have any questions or incur any problems, please contact our office and we will be glad to assist you in any way we can. 34 DEFINITIONS 35 Coinsurance Agreed Value Replacement Cost & Actual Cash Value Inflation Guard Coverage Extensions & Additional Coverages Basic Form Broad Form Special Form PROPERTY DEFINITIONS Most building and business personal property policies have a coinsurance clause, which requires the insured to carry insurance equal to at least a specified percentage of the actual cash value of the property. If a loss occurs, and it is determined that the amount of insurance carried is less than the amount required, a penalty could be placed on the insured. (Example Attached) When the agreed value option is used the coinsurance requirement is removed and the insurer agrees to cover losses for its agreed value. As an example, the insured has property insured for $100,000 and the agreed value is also $100,000, if a loss occurs, any loss up to $100,000 is covered 100%. When this option is used the insured and the insurance company agree on the value of the property before the policy is issued. This option is usually assigned to one-of-a-kind property. Property can be valued in several different ways. Insurance companies commonly use two approaches to determine value, which also determines how a loss will be paid: the replacement cost method and the actual cash value method. Insurers consider replacement cost of a property item to be the cost to replace it with new property of like kind. Actual cash value is replacement cost, minus the accumulated depreciation for age and condition. An insured can insure a building for its full value at the beginning of the policy year, but at the end of the year, it might not be covered for its full value. This problem can be corrected by adding inflation guard coverage. With inflation guard, the policy limit increases gradually during the policy term so that the total increase amounts to the desired percentage increase at the end of the poiicy term. In addition to the limits stated in the Building and Personal Property coverage form, the policy has a coverage extensions section and an additional coverages section. The coverage extensions section provides limited coverage for newly acquired or constructed property, property of others, certain out door property, and the cost of research and reconstruct information on destroyed records. When coverage is placed on the all risk form, two additional extensions are added for property in transit and coverage for certain repair costs related to damage caused by water. The two additional extensions are covered by certain perils only. The additional coverage section provides coverage for indirect losses that result from a direct loss. The coverage applies to removal of debris, preservation of property, fire department service charges and pollutant cleanup and removal. The coverage extensions and the additional coverages have limitations and are subject to certain conditions. Fire, lightning, explosion, windstorm or hail, smoke that causes sudden and accidental loss or damage, aircraft or vehicles, riot or civil commotion, vandalism, sprinkler leakage, sink hole collapse and volcanic action. Fire, lightning, explosion, windstorm or hail, smoke that causes sudden and accidental loss or damage, aircraft or vehicles, riot or civil commotion, vandalism, sprinkler leakage, sink hole collapse, volcanic action, glass breakage, falling objects, weight of snow, ice, or sleet, and water damage (accidental discharge or leakage). Excluding flood and earthquake. 36 EQUIPMENT BREAKDOWN DEFINITIONS Definition of Equipment Boiler & Machinery insurance covers direct damage to Breakdown Coverage (Boiler & covered property when caused by a covered cause of loss. Machinery) Covered property is any property that is owned by the named insured or is in the named insured's care, custody or control and for which the named insured is legally liable. A covered cause of loss is a sudden and accidental breakdown of the insured's boiler & machinery equipment or any part of the equipJIlent described in the policy. Expediting Expense Which pays the reasonable extra cost incurred to expedite progress after a loss Automatic Coverage Covers accidents to objects at newly acquired locations for up to ninety days after the named insured acquires the property. 37 GENERAL LIABILITY DEFINITIONS Premises/Operations Products/Completed Operations Personal Injury Advertising Injury Medical Payments Fire Damage Coverage is provided for damages arising out of ownership or occupancy of the insured premises when maintained in a reasonable manner. This also covers damages arising out of operations performed by the insured business. Products coverage is provided for damages arising out of products manufactured, sold, handled or distributed by the insured. Completed Operations covers damages occurring after operations have been completed or abandoned, or after an item is installed or built and released for it's intended purpose. Personal Injury means Injury other than bodily injury. Coverage is provided for injury resulting from offenses such as false arrest, malicious prosecution, detention or imprisonment, the wrongful entry into, wrongful eviction from and other acts of invasion, or rights of private occupancy of a room. Coverage for libel and slander is also provided in the policy. This coverage pays for damages done in the course of oral or written advertisement that disparages, libels or slanders a person's or organization's goods, products or serVices., Coverage for these offenses is provided under advertising injury coverage only if they occur during the course of advertising the named insured's own goods, products or services. Medical Payments coverage pays medical expenses resulting from bodily injury caused by an accident on premises owned or rented by the insured, or locations next to such property, or when caused by the insured's operations. These payments are made without regard to the liability of the insured. The fire damage limit provides coverage for fire damage caused by negligence on the part of the insured to premises rented to the named insured. If a fire occurs because of negligence of the insured and causes damage to property not rented to the insured, coverage would be provided under the occurrence limit. 38 GENERAL LIABILITY DEFINITIONS Continued ... Contractual Liability Extends your coverage to liability assumed under contract, applies to both oral and written agreements relating to named insured's business. Host Liquor Liability Covers your exposure for serving liquor to clients or employees at company parties. Applies only to fIrms not engaged in business of selling or serving alcoholic beverages. Broad Form Property Damage Intended for fIrms, which perform work or services, rather than sell Coverage or produce products. Usually intended for construction contractors, repairers of automobiles, installers of property. Incidental Medical Malpractice Extends term "bodily injury" to mean injury arising out of rendering of or failure to render, during the policy period; medical, surgical, dental, x-ray, or nursing services, or furnishing of food or beverages in connection therewith or the dispensing or furnishing drugs or medical, dental or surgical supplies N on-Owned Watercraft (Under 26 feet in length) Provides coverage for liability, which Liability Coverage arises from any watercraft as long as watercraft is not owned by insured nor being used to carry persons or property for a fee. Limited Worldwide Coverage Intended to extend the scope of "policy territories" to anywhere in the world. Limited to the activities of any insured who is domiciled in the United States and the original suit for damage is brought within the United States, its territories, possessions, or in Canada. Extended Bodily Injury Amends defInition of occurrence to; includes any intentional act by Coverage or at the direction of the insured, which results in bodily injury, but only if such bodily injury results from the use of "reasonable" force for purposes of protecting persons or property. Newly Acquired Organizations Automatic protection for newly acquired organizations until the new organizations is specifIcally added to the policy or 90 days, whichever occurs fIrst. Additional Persons Insured Includes as insureds; (1) Any spouse of a partner concerning business activities of the partnership and (2) any employee of the named insured while acting within the scope of his or her duties. Does not apply to bodily injury or personal injury sustained by a fellow employee which occurs during the course of employment. Claims Made Form Only This coverage is provided automatically without an additional premium charge if coverage is canceled, not renewed, or the insurer renewal with a later retroactive date. The basic extended reporting period starts at the end of the policy period and last for fIve years for claims made against the insured within the fIve year period and reported to the insurer within 60 days after the end 0 f the policy period. 39 UNDERSTANDING THE CLAIMS-MADE POLICY The claims-made insurance policy provides financial protection for all claims presented during the current policy year, providing the claim occurred after the prior acts date. To understand the claims-made policy, we will define: Current Policy Year: The policy year begins on the effective date shown on the policy and expires on the expiration date all shown on the policy. The policy's effective and expiration dates ch'J,llge with yearly renewal of the policy. The prior acts or retroactive date remains the same, so you are protected for incidents that occurred prior years by the current policy. Prior Acts or Retroactive Date: This is the date (shown on your policy) that dictates if a claim is eligible to be covered. Any claim occurring after this date, presented during the current policy year, are eligible for coverage by your current policy. Supplemental Extended Reporting Period (Tail Coverage): Should the policy be canceled or non-renewed, you are entitled to purchase insurance protection for any claims which may be after the cancellation date. The premium charged for this insurance is based upon the number of years you have been insured (prior acts years) and the limits purchased. 40 AUTOMOBILE DEFINITIONS Liability Coverage The liability coverage of the commercial auto policy provides protection against legal liability arIsmg out of the ownership, maintenance, or use of any insured automobile. The insuring agreement agrees to pay damages for bodily injury or property damage for which the insured is legally responsible because of an automobile accident resulting from the ownership, maintenance, or use of a covered auto. The insuring agreement also states that in addition to the payment of damages for which the insured is legally liable, the insurer also agrees to defend the insured for all legal defense cost. The defense cost is in addition to the policy limits. Owned Automobiles Covers the liability arising out of the ownership, maintenance or use of automobiles. Personal Injury Coverage is included for vehicle passengers under No-Fault Law Protections .. prOVISIons. Medical Payments The insuring agreement states that the insurer will pay all reasonable Coverage and necessary medical and funeral expenses incurred by an insured because of bodily injury caused by an accident. The insured is the named insured, the insured's employees and guests, and any other person occupying a covered auto. These payments are made without regard to fault. U ninsured/U nderinsur Protects insureds who are not contributorily negligent against bodily ed Motorists injury caused by negligent under insured or uninsured drivers and hit- and-run motorists. Hired Automobiles Covers the liability for the use of hired automobiles in your business. Non-Owned . Covers the liability for the use of non-owned automobiles in your Automobiles business. An example would be an employee using his own car on an errand for you. Comprehensive Pays for loss of or damage to automobiles from perils other than collision. Collision Pays for loss of or damage to automobiles from collision with another object or upset. Rental The business auto policy provides a coverage extension if an auto is Reimbursement insured for comprehensive or specified cause of loss coverage, which insures against loss 0 f use of a covered auto only if the auto is a private passenger type auto and is stolen. The coverage extension pays up to a daily limit of $10 and a maximum limit of $300. Payments begin forty-eight hours after the theft and ends when the insured auto is returned or when the insurer has paid the insured for the auto. For broader coverage, the insured can pay an additional premium for rental reimbursement coverage. Rental reimbursement pays the cost of renting a substitute auto for replacement of any covered auto that has suffered a covered loss. The daily and maximum limit for this coverage varies among insurers. 41 1 2 3 4 5 COVERED AUTO DESIGNATION SYMBOLS Any "Auto" 6 Owned "autos" only. Only those 7 autos you own (and for liability coverage any trailers you don't own while attached to power units you own.) This includes those "autos" you acquire ownership of after the policy begins. Owned Private Passenger "Autos" 8 Only. Only the private passenger "autos" you own. This includes those private passenger "autos" you acquire ownership of after the policy begins. Owned "Autos" other than private 9 passenger "autos" only. Only those autos you own that are not of the private passenger type (and for liability coverage any "trailers" you don't own while attached to power units you own.) This includes those autos not of the private passenger type you acquire ownership of after the policy begins. Owned "Autos' subject to No-Fault. Only those "autos" you own that are required to have No-Fault benefits in the state where they are licensed or principally garaged. This includes those "autos" you acquire ownership of after the policy begins provided they are required to have No-Fault benefits in the state where they are licensed or principally garaged. 42 Owned "autos" subject to a compulsory uninsured motorists law. Only those "autos" you own that because of the law in the state where they are licensed or principally garaged are required to have and cannot reject Uninsured Motorists coverage. This includes those "autos" you acquire ownership of after the policy begins provided they are subject to the same state uninsured motorists requirement. Specifically Described "autos". Only those autos described in ITEM THREE of the Declarations for which a premmm charge IS shown (and for liability coverage any "trailers" you don't own while attached to any power unit described in ITEM THREE.) Hired "Autos" Only. Only those autos you lease, hire, rent or borrow. This does not include any "auto" you lease, hire, rent or borrow from any of your employees or partners or members of their households. Non-Owned "Autos" Only. Only those "autos" you do not own, lease, hire, rent or borrow that are used in connection with your business. This includes "autos" owned by your employees or partners or members oftheir households but only while used in your business or your personal affairs. Employee Dishonesty Forgery or Alteration Theft, Disappearance & Destruction CRIME DEFINITIONS Employee dishonesty is considered to be a criminal act committed by an employee acting alone or in collusion with others. There must be intent by the employee to cause the employer a loss and to obtain a financial benefit for the employee or someone else. Coverage is provided for dishonest acts of employees of the named insured only. Coverage insures against loss of money, securities, and property other than money and securities. The blanket form provides coverage for dishonest acts of all employees. The limit for blanket coverage applies per loss, regardless of how many employees are involved. The scheduled form provides coverage only for the dishonest acts of employees specifically listed in the policy. On the scheduled form, a separate limit applies to each employee listed on the schedule. Forgery is generating a document or signature that is not genume. Alteration is changing a document m a manner that IS neither authorized nor intended. This form insures against loss caused by the forgery or alteration of a covered item drawn against the insured's accounts. A covered item might be a check, draft, promissory note, bill of exchange or similar instrument. Theft means any act of stealing. Disappearance is unknown causes of loss. Disappearance lacks the elements of knowing if the crime was a theft, burglary or robbery. Destruction is the loss of certain property, it is usually the result of another cause of loss. Section (1) of the form covers money and securities against loss by theft, disappearance, or destruction inside the premises. Section (2) covers money and securities outside the premises in care and custody of a manager. 43 PREFERRED GOVERNMENTAL INSURANCE TRUST "Preferred" NOTICE AND ACKNOWLEDGEMENT OF FINANCIAL CONDITION Brown & Brown of Miami, and its parent company, Brown & Brown, Inc. (collectively "Brown & Brown") do not certify, warrant or guarantee the financial soundness or stability of any insurance carrier or alternative risk transfer or pooling entity. We endeavored to place your coverage with an insurance carrier with an A.M. Best Company financial rating of "A-" or better. * While Brown & Brown cannot certify, warrant or guarantee the financial soundness or stability of any insurance carrier or alternative risk transfer or pooling entity or otherwise predict whether the financial condition of any such entity might improve or deteriorate, we are hereby providing you with notice and disclosure of financial condition so that you can make an informed decision regarding the placement of coverage. Accordingly, with receipt of this notice you acknowledge the following with regard to the placement and any subsequent renewal of the coverage indicated below: • Brown & Brown attempted to present other options for your insurance placement, including quotations with insurance carriers holding an "A-" or better rating from A.M. Best Company, but we were unable to secure such a quote. • Coverage is being placed through Preferred Governmental Insurance Trust ("Preferred"), which is as a Florida local government self-insurance fund established pursuant to Section 624.4622, Florida Statutes, as such Preferred is not rated by the A.M. Best Company. • Preferred is not subject to the protections afforded by any state guaranty fund or association. • The financial condition of insurance companies and other coverage providers including local government self-insurance funds like Preferred may change rapidly and that such changes are beyond the control of Brown & Brown. • You should review the financial and membership information from Preferred and agree to abide by the conditions of membership established by Preferred. • You should consider the information provided, including the Preferred coverage quote and coverage placement and review it with your accountants, legal counsel and advisors. By: [NAME OF AUTHORIZED REPRESENTATIVE OF INSURED] Named Insured: Policy Number: Policy Period: Date of Notice: City of South Miami PKFLl01320211204 10/01113 TO 10/01114 09126/2013 * A.M. Best Rating Guide: Rating for Stability: A++ to D = Highest to lowest rating Rating for Assets/ Surplus: 15 to 1 -Largest to smallest rating 44 Insured: Ci~ of South Miami Policy Term Date: 10/01/13-14 Correction: Addl Named Insured: Please advise if quotations for increased limits of liability or for any coverage listed below are requested: E = Exposure; C = Coverage through Brown & Brown; Q = Quote for Uncovered Exposure E C Q E C Q PROPERTY YIN YIN YIN LIABILITY YIN YIN YIN Buildings General Liability Business Personal Property Directors' & Officers' Liability Personal Property of Others E Commerce/E-Business Liability Tenants Betterments & Improvements Employee Benefits Liability Business Income Liquor Liability Extra Expense Employment Related Practices Liability Leaseholders Interests Third Party Discrimination Boiler & Machinery (Equipment Breakdown) Errors or Omissions Liability Building Ordinance or Law Owners/Contractors Prot Liability A. Loss to Undamaged Portion of Bldg Pollution Liability (1 S Party) B. Demolition Cost Pollution Liability ( 3ra Party) C. Increased Cost of Construction Products Liability Earthquake Product Recall Rental Income Professional Liability Difference in Condition Warehouse Legal Liability Flood (Primary) Watercraft Liability Flood (Excess) UmbrellalExcess Liability Wind INLAND MARINE Off Premises Power Interruption Accounts Receivable Overhead Transmission Lines Valuable Papers Glass Bailee Coverage Spoilage ComputerlEDP AUTOMOBILE Contractors Equipment Auto Liability Signs Auto Physical Damage Drive Other Car Liability Installation Floater Drive Other Car Physical Damage Mobile Equipment Hired/Non Owned Liability RentedlLeased Equipment Hired Car Physical Damage Motor Truck Cargo PIP: Ext Additional, Broad Transit/Transportation Rental Reimbursement (PPT) Builders Risk / COC Rental Reimbursement (Com. Vehicle) Ocean Cargo Uninsured Motorist (Primary) WORKERS' COMPENSA nON Uninsured Motorist (Excess) Workers Compensation Garage Liability Other States Garage keepers Liability USL&H Garage Dealers Physical Damage Jones Act Truckers Liability Stop Gap Liability Un-laden Liability Excess Employers Liability Truckers Physical Damage AIRCRAFT Trailer Interchange Aviation-Owned CRIME Aviation -Non-Owned Em210yee Dishonesty (1 st Party) MISCELLANEOUS Employee Dishonesty (3rd Party) IntemationallF oreign Exposures ERISA Bond Kidnap & Ransom Forgery or Alteration Travel Accident Fiduciary Liability Credit Insurance Money & Securities MoldlFunEi BONDS EIFS Bonds Terrorism (describe) Subsidence This list of insurance coverage is for information purposes only and is not meant to be a complete list for all your insurance needs. The above analysis is based solely on information provided by the client. Insured Representative Date -Place Completed with Insured Brown & Brown Representative Signature Comments: (may be continued on reverse) Prepared by Brown & Brown Insurance -Rev 01.01.11 45