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b. Annual limits apply in LMCIT's coverage for specific <br /> risks <br /> See Section II.D,Coverage Besides LMCIT's overall coverage limit of$2 million per occurrence,there <br /> limits. <br /> are also annual aggregate limits for certain specific risks. If the city has a loss <br /> or claim in one of these areas, there might not be enough limits remaining to <br /> cover the city's full exposure if there is a second loss of the same sort during <br /> the year. <br /> See Section II.D.3, There are,however, a couple important restrictions on how the excess <br /> Purchasing higher liability <br /> limits. coverage applies to risks that are subject to aggregate limits. The excess <br /> coverage does not apply to the following types of risks. <br /> • Failure to supply utilities. <br /> • Mold. <br /> • Lead and asbestos. <br /> • Excavation and dredging. <br /> • Sudden and accidental release of pollutants below ground or within or on <br /> the surface of any body of water. <br /> LMC information memo, • Auto no-fault claims. <br /> LMCIT Auto Coverage • Uninsured/underinsured motorist claims. <br /> Guide and LMCIT Workers' <br /> Compensation Coverage • Workers' compensation, disability, or unemployment claims. <br /> Guide. • Claims under the medical payments coverage. <br /> See Section III.L,Medical • Claims arising from the activities of outside organizations. <br /> payments;Section III.D, <br /> Employees'activities in • No-fault sewer backup <br /> outside organizations;and • The excess coverage does not automatically apply to liquor liability unless <br /> Section IILK,Liquor <br /> liability. the city has specifically requested it. <br /> c. Contracts may require higher coverage limits <br /> See Section II.D.3, Occasionally, a contract might include a requirement that the city carry more <br /> Purchasing higher liability <br /> limits. than$2 million per occurrence in coverage limits. Carrying excess coverage is <br /> LMC information memo, a way to meet these requirements. There's also another option for cities to <br /> Making and Managing City contact LMCIT and it can issue an endorsement to increase the city's <br /> Contracts,Section IV.B.6, coverage limit only for claims relating to that particular contract. There's a <br /> Umbrella/excess insurance. <br /> small charge for this, and the contract and additional underwriting information <br /> may be required. <br /> d. Multiple political subdivisions <br /> There may be more than one political subdivision covered under the city's <br /> coverage. <br /> • <br /> 62 <br />