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Fl. League of Cities, Inc.
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RFP No. 11-08-01 Property & Casualty Comprehensive Insurance
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Fl. League of Cities, Inc.
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Last modified
8/23/2011 11:32:35 AM
Creation date
8/23/2011 11:31:59 AM
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CityClerk-Bids_RFP_RFQ
Project Name
Property Casualty Comp. Insurance
Bid No. (xx-xx-xx)
11-08-01
Project Type (Bid, RFP, RFQ)
RFP
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<br /> <br />Florida League of Cities, Inc., Department of Insurance and Financial Services <br />125 East Colonial Drive, Orlando, FL 32801 <br />Main, 407-425-9142 Toll Free, 1-800-445-6248 Fox: 407-425-9378 <br />www.flcities.com/lnsurance <br /> <br />DEPARTMENT DF INSURANCE <br />AND FINANCIAL SERVICES <br /> <br /> <br />CLAIM EXAMPLE <br /> <br />NAMED STORM DESTROYS THE <br />PLAYGROUND AND PAVILION <br /> <br />COMPETITOR COVERS: <br /> <br />Playground <br /> <br />$267,000 <br /> <br />Pavilion <br /> <br />$75,000 <br /> <br />TOTAL DAMAGE: <br /> <br />$342,000 <br /> <br />DEDUCTIBLE: <br /> <br />$400,850 <br /> <br />NET PAYMENT TO <br />YOU: <br /> <br />$0 <br /> <br />c <br /> <br />FMIT COVERS: <br />Playground (Deductible of <br />$13,350) $267,000 <br />Pavilion (Deductible of $3,750) $75,000 <br />TOTAL DAMAGE: $342,000 <br />DEDUCTIBLE: $25,000 <br />(Coastal Deductible of <br />$25,000 Applies) <br />NET PAYMENT TO YOU: $317,000 <br /> <br />CHOOSE YOUR OWN DEDUCTIBLE - WHICH DO YOU PREFER? <br /> <br />8 <br />
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