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8.4. SR 09-16-2013
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8.4. SR 09-16-2013
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6. Removing the dam exclusion is still under review. <br /> 7. The new Public Works Building (Loc #010) is still covered as a`Builders Risk" <br /> Exposure pending City acceptance. <br /> Additional Property/Casualty coverage quotes include: <br /> 1. Excess Liability $1,000,000— $43,904 Premium <br /> 2. Garage Keeper Liability <br /> Public Safety Building $30,000— $226 Premium <br /> PW Maintenance $200,000— $1,037 Premium <br /> 3. Employee Dishonesty Option <br /> (Currently $20,000 occurrence deductible, and includes coverage for the <br /> Firemen's Relief Assoc. and Statutory Bonded Positions) <br /> $1,000 Deductible— $564 Additional <br /> 4. Equipment Breakdown (Current$20,000 Deductible) <br /> $1,000 Deductible— $4,136 Additional <br /> $5,000 Deductible— $3,036 Additional <br /> Worker's Compensation- Effective 10/1/2013 <br /> The renewal Net Deposit Premium is $213,087 based on: <br /> 1. Experience Modification .82 <br /> (Prior modification 1.02) <br /> 2. Medical Deductible $10,000 per claim. <br /> A Historical 5 year claims experience WC Risk Retention Analysis at various medical <br /> deductible choices is enclosed. The $10,000 Medical Deductible option is still very <br /> favorable. <br /> Accident Plan for City Volunteers Renewal Quote- Effective 10/1/2013 <br /> Basic Coverage (No Medical) $1,000 Premium. <br /> i <br /> Please let us know if you have any questions regarding the attached renewal quotes. The <br /> Property/Casualty renewal will be ordered upon your decision on the various options. <br /> The Worker's Compensation and Volunteer Accident Renewals should be requested <br /> directly. <br /> Sincerely, <br /> Ronald L. ahl Carl A. Bennetsen <br />
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