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• <br /> 00 <br /> LEAGUE OF CONNECTING & INNOVATING <br /> MINNESOTA. SINCE 1913 <br /> CITIES <br /> RISK MANAGEMENT INFORMATION <br /> LMCIT LIABILITY COVERAGE OPTIONS <br /> Liability Limits, Coverage Limits, and Waivers <br /> LMCIT gives cities several options for structuring their liability coverage. The city can choose <br /> either to waive or not to waive the monetary limits the statutes provide;and the city can select <br /> from among several liability coverage limits. This memo discusses these options and identifies <br /> some Issues to consider In deciding which of the options best meets the city's needs. <br /> Statutory Limits on Municipal Tort Liability <br /> The statutes limit a city's tort liability to a maximum of$500,000 per claimant and$1,500,000 per <br /> occurrence. These limits apply whether the claim is against the city, against the individual officer or <br /> employee,or against both. <br /> Coverage Limits for LMCIT's Basic Primary Liability Coverage <br /> LMCIT's liability coverage provides a limit of$1,500,000 per occurrence,matching the per- <br /> occurrence part of the statutory municipal tort liability limit. Beside the overall coverage limit of <br /> $1,500,000 per occurrence,there are also annual aggregate limits(that is, limits on the total amount <br /> of coverage for the year regardless of the number of claims), for certain specific risks. Aggregate <br /> limits apply to the following: <br /> Products $2,000,000 annually <br /> Failure to supply utilities $2,000,000 annually <br /> Data security breaches $2,000,000 annually <br /> EMF $2,000,000 annually <br /> Limited pollution* $2,000,000 annually <br /> Mold $2,000,000 annually <br /> Land use litigation** $1,000,000 annually <br /> Employers liability(work comp) $1,500,000 annually <br /> * Includes sudden and accidental releases of pollutants; <br /> herbicide and pesticide application;sewer ruptures,overflows ir More Information <br /> and backups;and lead and asbestos claims.Dredging or <br /> excavation claims are subject to a$250,000 sublimit. These For more Information about land <br /> limits apply to both damages and defense costs. use litigation coverage,please see <br /> **Coverage is provided on a sliding scale percentage basis, the memo LMCIT Coverage for <br /> which is based on participation in LMC!T's online land use Litigation Relating to Land Use. <br /> training. Coverage applies to both damages and litigation costs. _ <br /> . r. <br /> LEAGUE OF MINNESOTA CITIES- . . ... „s UNIVERSPIYAVW.WEST ENoNE:(651)281-1200 FAX•(651)281-1298 <br /> INSURANCE TRUST STEUn..MNSSU133u14 TOR FREI.(800)925-1122 WFB.WWW.LMQORC <br />