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Reso 2012-1958
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Reso 2012-1958
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Last modified
10/11/2012 3:56:03 PM
Creation date
10/11/2012 3:55:19 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2012-1958
Date (mm/dd/yyyy)
09/20/2012
Description
PGIT for Commercial Pkg Policy, Workers Comp & Misc Ins. FY 2012/13
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PROPOSED PROPERTY COVERAGE <br /> Insurer: <br /> Preferred Governmental Insurance Trust <br /> Not Rated by A.M. Best <br /> Location of Premises: <br /> Per Schedule Attached <br /> Description of Property: Limits of Coverage: <br /> Per Blanket Building and Contents Limit $ 35,764,247.00 <br /> Values Insured are Ultimately Chosen by the Client. In view of the continually <br /> changing cost of construction and building materials, we strongly suggest that you <br /> review your property values annually. ANY changes in the occupancy of an insured <br /> location,should be reported to our office immediately. Changes in occupancy can <br /> potentially reduce or nejate the coverage afforded by your property policy. <br /> Description of Coverage Proposed: <br /> Policy Forms: <br /> Building&Personal Property Coverage Form- SPECIAL <br /> Causes of Loss: <br /> Special Form: Earthquake <br /> Coinsurance: <br /> Building &Personal Property N/A <br /> Deductible Selected: <br /> All Other Perils $ 5,000 Per Occurrence—Building&Contents and <br /> Extension of Coverage <br /> Named Windstorm 5% - Subject to$20,000 Minimum <br /> Flood $ 5,000 Per Flood, Except Zones A,V excess of NFIP, <br /> whether purchased or not <br /> Valuation: <br />• <br /> Replacement Cost <br /> 6 <br />
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