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Home My WebLink AboutReso 2009-1472 RESOLUTION NO. 2009- m2.. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, APPROVING THE RENEWAL OF THE CITY'S PROPERTY, CASUAL TY, AND AUTO INSURANCE WITH THE PREFERRED GOVERNMENT INSURANCE TRUST (PGIT), FOR THE POLICY PERIOD OF OCTOBER 1,2009 THROUGH SEPTEMBER 30, 2010, IN THE AMOUNT OF FOUR HUNDRED NINETY-FOUR THOUSAND ONE HUNDRED EIGHTY-EIGHT DOLLARS ($494,188.00), AS OUTLINED IN EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sunny Isles Beach wishes to renew the City's Property, Casualty, and Auto Insurance with the Preferred Government Insurance Trust (PGIT); and WHEREAS, the City's Insurance Broker, Brown & Brown Insurance, Inc. has provided a Proposal by Preferred Governmental Insurance Trust (PGIT), for two 12-month periods which in effect locks in the City's premium for the next two years; and WHEREAS, the City wishes to renew its Commercial Package Policy (Property, Casualty, Auto) with Preferred Governmental Insurance Trust (PGIT), in the policy period of October 1,2009 through September 30,2010, with the renewal premium in the amount of Four Hundred Ninety-Four Thousand One Hundred Eighty-Eight Dollars ($494,188.00), as outlined in Exhibit "A", attached hereto. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. Approval of Renewal. The City Commission hereby approves the renewal of the City's Property, Casualty, and Auto Insurance with the Preferred Government Insurance Trust (PGIT) through the City's Insurance Broker, Brown & Brown Insurance, Inc., in the policy period of October 1,2009 through September 30, 2010, in the amount of Four Hundred Ninety- Four Thousand One Hundred Eighty-Eight Dollars ($494,188.00), as outlined in Exhibit "A", attached hereto. Section 2. Authority of City Manager. The City Manager is hereby authorized to do all things necessary to effectuate this Resolution. Section 3. Effective Date. This Resolution shall become effective upon adoption. PASSED AND ADOPTED this 1 ih day of September 2009. R2009-lnsurance Renewal Pgit (Property, Casualty, Auto) Page I of2 ATTEST: & AJ;...- Jane A. Hines, CMC, City Clerk Vote: S -b Mayor Norman S. Edelcup Vice Mayor Lewis Thaler Commissioner Roslyn Brezin Commissioner Gerry Goodman Commissioner George "Bud" Scholl R2009- Insurance Renewal Pgit (Property, Casualty, Auto) Page 2 of2 Moved by: Seconded by: Co~ <;:"e...HclLL ~(Yes) V"" (Yes) V(Yes) V (Yes) V(Yes) _(No) _(No) _(No) _(No) _(No) " CITY OF SUNNY ISLES BEACH 18070 COLLINS AVENUE SUNNY ISLES BEACH, FL 33160 COMMERCIAL INSURANCE PROPOSAL Prepared By ROBERT HOLLANDER Brown & Brown Miami Lakes Miami Division Tel. 305-364-7800 - Fax 305-822-5687 Date Prepared July 29, 2009 Exhibit "A" Brown & Browh of Florida, Inc. To protect members of the fund from large losses and to protect the financial security of the fund I the PGIT board of trustees has elected to purchase an extremely conservative excess of loss insurance structure. We stress PGIT excess of loss structure because an excess structure provides PGIT members several levels of protection that reinsurance does not. Foremost among these is the fact that PGIT's excess of loss policies list every individual member a named insured, giving every member direct access to the insurance company for payment of claims. Reinsurers are only responsible to the trust itself. Therefore, if a trust became financially troubled, there is no guarantee from an insurance company that any individual claim will be paid or even that a reimbursement will go towards the originating claim. PGIT is a non-assessable Trust authorized under Florida Statute and is not rated by AM Best. PGIT is not protected by the Florida Guarantee Association in the event it becomes unable to meet its claims payment obligations. PGIT members are not constrained by notice requirements or punitive run-off claims costs to exit. PGIT is a non-admitted pool in the state of Florida. Public Risk Underwriters (PRU) Public Risk Underwriters, as part of Brown & Brown, is one of the premier insurance service organizations for public entities in the United States. Our exclusive focus and in- depth understanding of the unique risk exposures and operating environment of the public sector allows us to tailor customized products and services to meet our clients' needs. Preferred Governmental Claims Solutions (PGCS) PGCS is dedicated to exclusively serving Florida governmental agencies. PGCS administers and closely controls all claims from start to finish. This team of full-time, licensed adjusters understands federal laws and state statutes governing actions against public entities. A toll-free telephone number is provided to facilitate reporting of claims Brown & Brow~ of Florida, Inc. ...... INTRODUCTION OF THE ACCOUNT SERVICING TEAM BROWN & BROWN MIAMI ~ Commercial Insurance (Property & Casualty) Primary Contacts · Robert Hollander Direct TeI.305-822-5687 Executive Vice President rhollander@bbmia.com . Mercy Garcia Account Manager mgarcia@bbmia.com Direct Tel. 305-364-7804 ~ Marketing (Property & Casualty) · Marcel McSweeney, AAI Vice President - Marketing Manager mmcsweeney@bbmia.com Direct Tel. 305-364-7803 ~ Surety Division (Bonds) . Carmen Pillot, ACSR cpillot@bbmia.com Direct Tel. 305-364-7815 ~ Employee Benefits (Life, Health, Disability, Pension) . South Florida Benefits Direct Tel. 954-776-2222 ~ Personal Lines (Automobile, Home, Boat etc) . Alex Lopez Personal Lines Supervisor alopez@bbmia.com Direct Tel. 305-364-7847 ~own & faWn . . 8000 Governors Square Boulevard, Suite #400 Miami, Florida 33016 Phone 305-364-7800 0 Fax. 305-822-5687 Toll Free 800-432-8844 www.bbmia.com Brown & Brow~ of Florida, Inc. IMPORTANT NOTE This quote covers two (2) annual twelve month periods, from 10/01/2009 12:00:00 AM to 10/01/2010 12:00:00 AM and from 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM. The following conditions apply in addition to all other conditions of this quote: A. All Aggregate limits reset for the period 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM. Losses applying to the annual period from 10/01/2009 12:00:00 AM to 10/01/2010 12:00:00 AM will erode the Aggregate(s) for the first annual period, but will not erode the Aggregate(s) for the period from 10/01/201012:00:00 AM to 10/01/2011 12:00:00 AM. B. The premium for the period 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM will be determined based on updated exposure values for this period. C. Rates for the period 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM will be identical to those for the period commencing 10/01/2009 12:00:00 AM, subject to the following: 1. If PGIT's cost of securing excess insurance decreases by more than 10% on any line of coverage, PGIT will reduce rates on that line of coverage for the period 10/01/2010 12:00:00 AM to 10/01/201112:00:00AM. 2. If PGIT's cost of securing excess insurance increases by more than 20% on any line of coverage, PGIT will increase rates on that line of coverage for the period 10/01/2010 12:00:00 AM to 10/01/201112:00:00AM. 3. NCCI Experience modification factors will be applied as promulgated. D. In the event of cancellation of any line of business prior to 10/01/2011 12:00:00 AM, a penalty equal to 60 days premium of such line(s) of business shall become earned, any provision of the agreement to the contrary notwithstanding. 1. This penalty is earned and payable regardless of when notice of such cancellation is given, or effective date of such cancellation. 2. This penalty is waived on any line of coverage that is affected by C2 if the coverage is terminated at 10/01/2010 12:00:00 AM. Brown & Brow~ of Florida, Inc. COMMERCIAL PROPERTY COVERAGE SECTION COVERAGE LIMITS (*) $ 26,820,600 Building & Contents Limit, per attached schedule Coverage Limits must be ultimately chosen by the Insured. We as Agents cannot recommend the adequate limit of protection. Higher limits may be available. Please let us know if a quote is desired. COVERAGE TERMS AND CONDITIONS Covered Losses Special Perils Coverage Including Boiler & Machinery Coverage Valuation Replacement Cost Coinsurance N/A Deductible o $5,000 All perils per occurrence except as stated below: o 5% Named Windstorm Deductible Per Occurrence subject to a minimum of $20,000 (*) Exclusions Exclusions include, but are not limited to, the following: War and Terrorism (**) Flood Earthquake (*) This Wind & Hail Deductible can be reduced to a lower deductible through the purchase of a Windstorm Deductible "Buy-Back" policy which is available in the Excess & Surplus Lines market. The annual cost is approximately $20.00 PER $100 of coverage (the amount of buy-down). (**) See Premium Summary Page for an option to include Terrorism Coverage as outlined in the Federal Terrorism Act 2002 Brown & Browfl of Florida, Inc. COMMERCIAL PROPERTY LOCATION SCHEDULE UniU Description Year Built --ri'f.llate I BuIlding Value I T otallnsured Value Address Canst Type T em Date I Contents Value IWVt ",_e I Roof P1tcn iii I Covering Replaced I Roof Yr 51t watGrPumps 1989 10l01/2rm 5600,000 001 19160 H Bay Road SO 5600,OOC Sunny IslllS BGac:h, Fl33160 251 - 1010112011 PumP/LIft I station I I Oty Hall iIIld Par1dng Garage! 2004 10101 nrm 518,501,05C 002 18070 Collins AWlIIUO 51,OOO,OOC 519,501,O5( Sunny IsllIS 8clach, Fl33160 1010112011 131. FR Flat I Low (< 10) Built up roof with grav'" I 2004 I 2004 3000 Gallon t)jgsg( FliQITiiik 2004 10101 f2rm 520,OlX 003 18070ColltnsAVClllUCI 223 . On S< 520,00( SUnny IslC15 8clach, Fl33160 Ground 10101 12011 Flat 1 UquId I I Storagg Tanl Storage! Locken. Contents Only (3 units, 55,000 Qach) 2005 10/0112009 SO 004 301 Sun,.". JslgS Blvd 515,000 515,00( SUnny IslllS 8clach, Fl33160 10/01/2011 151 - MFR Flat T Low (< 10) Built up roof with gravlll I 2005 I 2005 Samson Park RllStrooms 2000 10/0112rm 55O,OOC 005 17425 Collins Aw 550,00: 5unny IslC15 BGac:h, Fl33160 10/0112011 SC 131 - FR Flat T low (< 10) Buitt up roo( wfth graVlll I 2000 I 2000 tlorthsfdg 0cQan 2 RQStrooms 2005 10/01 f2rm 55O,OOC 006 19141 Collins Aw SO SSO,OlX Sunny IslC15 8clach, Fl 33160 10/0112011 119 - JJ.I Flat I Low (< 10) Bunt up roof with grav'" I 2005 I 2005 AnIlClX BuIlding 1996 10/0112009 S405,79( 007 19200 Collins Aw 548O,79C SUnny IsllIS 1kIad1, Fl33160 10/0112011 575,OlX 119 - JM Fbt I Low (< 10) I 1996 I 1996 P1llf Pari< RClStrooms 2006 10/0112009 550,000 008 16501 Collins Ayg 55O,OQC SUnny IslllS Illlach, Fl33160 10/01/2011 50 131 -FR Flat I Low (< 10) Buftt up roof with gravl>l I I 2006 Community Contgr '1!XJ7 10/01/2rm 53,000,000 009 1811511.1lay Road 5J,2OO,OOC 5unny IslCl5lk1ad1, Fl33160 10/0112011 S2OO,OOO 131. FR Hip I High (> 30) Stgg( . Standfng Sllanl I I 2007 Gynaslum 2007 10/0112rm S2,OOO,OOC 010 1811511.Bay Road 52,050,OOC Sunny IslCl5lk1ad1, Fl 33160 10/0112011 55O,OOC 131.FR Gabtg llIId wfth bracing 1 Mlldium (10 to 30) StClQ( . Standfng Sllanl I I 2007 Brown & Brow1~ of Florida, Inc. INLAND MARINE COVERAGE FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT COVERAGE LIMITS (*) $ 174,019 Contractor's I Mobile Equipment $ 600,000 Electronic Data Processing Equipment $ 370,637 Fine Arts $ 754,000 Other Inland Marine $ 50,000 Rented, Borrowed, or Leased Equipment $ 1,000,000 Valuable Papers $ 219,400 Watercraft - Not Hull Coverage, Limited to Property Perils Only $ 3,168,056 TOTAL VALUES * Coverage Limits must be ultimately chosen by the Insured. We as Agents cannot recommend the adequate limit of protection. Higher limits may be available. Please let us know if a quote is desired. COVERAGE TERMS AND CONDITIONS Covered Losses Special Perils Coverage Valuation Actual Cash Value Coinsurance N/A Deductible Per Attached Schedule Exclusions Exclusions include, but are not limited to, the following: War and T errorjsm (**) Flood Earthquake (**) See Premium Summary Page for an option to include Terrorism Coverage as outlined in the Federal Terrorism Act 2002 Brown & Brow~ of Florida, Inc. INLAND MARINE SCHEDULE Item' Descrfptlon Serial Number Classification Code Uf. uate Value Deductfble II enn uate 001 Unscheduled Items Conlrador's I Mobile 10/01/1JX:H 5100,OCX 55,00: Equipment llu/u1/ LUll 002 2005 Yama'la A TV 5YW15Y15ADD Conlrador's I Mobile 10/U1/1JX:H 57,0811 55,00: 1883 Equipment 10/01/2011 003 2005 Yamaha A TV 5YW15Y05AOC Contrador's I Mobile 10/01/2009 57,088 55,001 4564 Equipment l'U/U'/.lU'l 004 2005 Yamaha KcxfJak 400 ATV 5Y4AJI5Y 46AOC Conlraclor's I Mobile 10/01/2009 58,91B 55,001 1182 Equipment 10/0112011 005 2005 Yamaha Kcxfl3k 400 ATV 5Y4AJ15Y05AOO Contraclol's I Mobile 10/01/2009 57,O6ll 55,001 4029 Equipment 10/01/2011 006 2005 Bobcat Loader 525018616 Contraclor's I Mobile 10/01/2009 522,29\ 55,001 Equipment lU/VI/LUl 001 2006 Yamaha ATV JY4M103Y56CO Contrador's I Mobile 10/01/2009 5',478 55,DOl 83960 Equipment 10/01/2011 008 Segway Human Transporter 2006 Conlraclllr's I Mobile 10/01/2009 55,OOC 55,001 Equipment 10/0112011 009 Yamaha Kodiac ATV 5Y4AJOY24A02 Contraclor's I Mobile 10/0112009 57,08! 55,001 1825 Equipment I 010 Unscheduled Items ElectroniC Data Processing 10/01/2009 S6OO,OOO 55,001 Equipment 10/01/2011 011 Sallplure - " Rising Horizons" Fine Arts 10/01/2009 5160,00: 55,001 1 012 Sal!pture - "Famiy" RneArts 10/01/2009 5190,OOC 55,DOl lu/ul/ Lull 013 China DiMeiware Set TBA Fine Arts 10/01/2009 510,13/ 55,00 10/01 /2011 014 Pelican Sculplure Fine Arts 10/01/2009 53,SOC 55,00 lvovu_, 015 Fishennan Sculpture Fllle Arts 10/0112009 53,sa: 55,00 10/01/2011 016 Bullerfly SaJlplln Fine Arts 10/0112009 53,5lX 55,00 10/01/2011 011 Unscheduled Items Olher Inland Marine 10/01/2009 S754,OOC 55,00 1 UlUlI wll 018 U~ed Items Rented, BorrI7Ned, Leased 10/01/2009 5SO,OOC 55,OOC Equipmenl lU/UllLur 019 Unscheduled Items aIuable Papers 10/01/2009 51,OOO,OCX 55,00: 020 2005 Yamaha FX140 Jet Ski YAMA2n81405 Walercr3ft 10/01/2009 58,600 55,OCX 10/01/2011 021 2005 Yamaha PWC Jet Ski YAMA21301405 [Wateraafl 10/01/2009 58,600 55,001 10/01/2011 022 2005 Yamaha PWC Jet Ski YAMA28921405 rwalen:raft 10/01/2009 58,600 55,DOl 10/0112011 023 1993 Fountain 2T FG07ClO41A393 'A'ateraa/t 10/VI "'IAN 525,OCX 55,00: 1 024 2006 25' Foot Commander ram Police Vessel including aD SAMA 11811606 Watercraft 10/01/2009 516O,OOC 55,00: accessories on file wIT rust 'v.vu~v' 025 2005 Yamaha FXl40 Jet Ski YAMAl3661405 Walertr.Ill 10/01/2009 58,6OC 55,00: 10/0112011 I Total I 53,168,056 Brown & BrowWof Florida, Inc. PROPERTY COVERAGE DEFINITIONS FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT SPECIAL CAUSES OF LOSS COVERAGE This coverage will protect covered property against direct loss arising from any cause not specifically excluded. The advantage of this form is that the insurance company must prove that a loss is specifically excluded in order to deny coverage under the policy. REPLACEMENT COST VALUATION This loss valuation method pays for the cost to repair or replace damaged items with like kind and quality without deduction for depreciation. This is important since you could face a substantial loss if you must replace property at today's prices but receive only the depreciated value of the property that was destroyed. ACTUAL CASH VALUE VALUATION This valuation method pays for the cost to repair or replace damaged property with like kind and quality, less reasonable deductions for wear and tear, deterioration and economic obsolescence. BUSINESS INCOME This coverage is used to insure against loss of income (including any continuing normal operating expenses) that you experience because of a suspension of your business and/or interruption of rental income when insured property has been damaged by a covered peril. EXTRA EXPENSE COVERAGE This coverage pays for the necessary additional expenses needed to continue business when a covered loss damages or destroys insured property. DEDUCTIBLE A policy may include a deductible in its provisions. This limit specifies the amount that will be deducted from any payment made to you because of a covered loss. SERVICE INTERRUPTION COVERAGE This coverage extends your business income and extra expense insurance to protect against loss when due to the interruption of services rendered to you by a specified utility that provides your business with water, power or communications. Loss due to overhead transmission lines' is excluded. DEMOLITION, ORDINANCE, AND INCREASED COST OF CONSTRUCTION This endorsement provides coverage for the costs and effects due to certain building laws. Coverage A applies when laws require that undamaged portions of a building be tom down because the building does not comply with current laws and has sustained more than a certain percentage of insured damage. Coverage B applies to the costs for demolition of the undamaged portion of the building covered under Coverage A. Coverage C covers the increased cost of construction required to bring a damaged building up to current code. MECHANICAL & ELECTRICAL BREAKDOWN COVERAGE Boiler & Machinery insurance covers direct damage to "covered property" when caused by sudden and accidental BREAKDOWN and includes as a covered peril Electrical Arcing. Covered Property means any mechanical, electrical or boiler equipment on premises, such as (but not limited to): machinery & equipment, air-conditioning units, elevators, phone systems etc. Brown & BrouJA of Florida, Inc. COMMERCIAL CRIME COVERAGE FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT COVERAGE LIMITS (*) Limit Deductible Coveraae $ 1,000,000 $ 250,000 $ 250,000 $ 250,000 5,000 5,000 5,000 5,000 Employee Dishonesty - Per Loss Forgery & Alteration Theft, Disappearance or Destruction Computer Fraud * Coverage Umits must be ultimately chosen by the Insured. We as Agents cannot recommend the adequate limit of protection. Higher limits may be available. Please let us know if a quote is desired. COVERAGE PROVIDED Employee Dishonesty - Blanket Basis This coverage is used to insure against loss of money, securities or other property belonging to you, or for which you are liable, that is caused by employee dishonesty. It pays for anyone loss caused by one or more employees up to the face amount stated on the form. Only the actual loss sustained in the policy period is included for coverage (progressive or continuous loss over multiple years outside the policy period is excluded) Forgery or Alteration This coverage is used to insure against loss resulting from forgery of checks, drafts, notes or other similar written promises prepared by you or your agent. It does not cover dishonest acts of employees, which must be insured by Employee Dishonesty coverage. Theft, Disappearance and Destruction This coverage is used to insure against loss of money and securities caused by theft, disappearance or destruction while located inside or outside your premises. It also covers damage to premises resulting from actual or attempted theft. It insures only money and securities and not other types of property. Computer Fraud This insurance will cover loss or damage to money, securities, and other property due to computer fraud. Computer fraud is defined as "theft of property by and directly related to the use of a computer." Brown & BrowIJ of Florida, Inc. COMMERCIAL LIABILITY COVERAGES FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT GENERAL LIABILITY COVERAGE (*) $ 5,000,000 $ Included $ 5,000,000 $ Included $ 50,000 $ 2,500 $ 5,000,000 $ 5,000,000 $ 1,000/5,000 $ 1,000,000 $ 2,500 General Aggregate Limit Products & Completed Operations Aggregate Limit Bodily Injury and Property Damage Limit Personal Injury & Advertising Injury Limit Fire Damage Legal Liability Limit Medical Payments Employee Benefits Liability Limit per Person Retroactive Date 10/01/2000 Employee Benefits Liability Aggregate Limit Retroactive Date 10/01/2000 No Fault Sewer Backup Limit Herbicide & Pesticide Aggregate Limit General Liability Deductible Per Occurrence LAW ENFORCEMENT LIABILITY COVERAGE (*) $ $ $ $ 5,000,000 5,000,000 5,000,000 10,000 Law Enforcement Liability Limit - Per Person Law Enforcement Liability Limit - Per Occurrence Law Enforcement Liability Limit - Aggregate Law Enforcement Liability Deductible Per Occurrence PUBLIC OFFICIALS LIABILITY COVERAGE (*) $ $ $ 3,000,000 3,000,000 .5,000 Public Officials Liability Limit - Per Claim Public Officials Liability Limit - Aggregate Public Officials Liability Deductible Each Claim EMPLOYMENT RELATED PRACTICES LIABILITY COVERAGE (*) $ $ $ 3,000,000 3,000,000 5,000 Employment Related Practices Liability Limit - Per Claim Employment Related Practices Liability Limit - Aggregate Employment Related Practices Liability Deductible Each Claim Coverage Umits must be ultimately chosen by the Insured. We as Agents cannot recommend the adequate limit of protection. Higher limits may be available. Please let us know if a quote is desired. Exclusions include, but are not limited to the following: War, Mold, Fungus, Bacteria, Silica, Lead, Pollution, Asbestos, Copyright or Patent Infringement and Nuclear Liability. Brown & BrowlJ of Florida, Inc. SPECIAL NOTE REGARDING ADDITIONAL INSUREDS General Liability coverage provided to a named insured (you) by an insurer could be modified to extend to other parties. These other parties are commonly referred to as additional insureds. Modifications (endorsements) to the named insured's policy could be used to provide similar benefits enjoyed by the named insured to the additional insured. Because of changes to these endorsements, the additional insured may no longer enjoy the same benefits. Under these new endorsements, liability that is based on the sole negligence of the additional insured may no longer be covered. The State of Florida's Office of Insurance Regulation approved changes to these policy endorsements effective July 1, 2004. The absence of insurance coverage and the agreement to contractual terms may not free you of the responsibility to pay on behalf of the additional insured liability arising out of their sole negligence. Florida law allows you to assume liability on behalf of another party by way of a contractual agreement. In fact, the law allows you to assume the liability for suits that may be the result of the sole negligence of the other party in the contract. In other words, contractually you would be accepting and paying for claims that may arise from situations that are not even your fault. While we are not necessarily aware of the individual contracts you may have entered into, we feel it is our duty to notify you that there is a possibility you could have a claim that is not covered by insurance. Our recommendation to you would be to have your contracts reviewed by your attorney to determine if you have assumed such liability and what your legal options are. Brown & Browh4 of Florida, Inc. GENERAL LIABILITY COVERAGE DEFINITIONS FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT OCCURRENCE FORM (except Employee Benefits Liability) This form provides coverage for claims arising out of an accident, which results in bodily injury or property damage neither expected nor intended. The form covers such claims that occur during the policy period irrespective of when the claim is made against you. PREMISES/OPERATIONS COVERAGE This coverage insures you against all claims arising from your ownership, maintenance or use of premises and your operations in progress. PRODUCTS/COMPLETED OPERATIONS COVERAGE This coverage is used to insure against claims arising out of bodily injury and property damage that results from products you have sold, manufactured, handled, distributed or disposed of, or for work you have performed, provided the accident occurs away from premises you own or rent. PERSONAL INJURY LIABILITY This coverage will protect you against claims alleging false arrest, libel, slander, malicious prosecution, or wrongful entry or eviction. ADVERTISING LIABILITY This coverage is used to insure against claims of libel, slander, product disparagement, piracy, or infringement of copyrights, that arise out of the advertising of your goods, products or services. FIRE LEGAL LIABILITY This coverage insures against your legal liability arising from damage to structures rented to you, for the peril of fire. MEDICAL PAYMENTS This coverage will reimburse, without regard to your liability, all reasonable medical expenses incurred by persons as a result of bodily injury sustained by accident as defined in your policy. CLAIMS-MADE FORM - APPLICABLE TO EMPLOYEE BENEFITS LIABILITY, LAW ENFORCEMENT LIABILITY, PUBLIC OFFICIALS LIABILITY, EMPLOYMENT RELATED PRACTICES LIABILITY This coverage will provide protection for only those claims reported or first made during the policy period or during any previous period that is stated in the Prior Acts or Retroactive Date option of your policy. This option allows you to keep coverage in force under consecutive Claims-Made policies. EMPLOYEE BENEFITS ERRORS AND OMISSIONS This coverage is used to insure against negligent acts, errors or omissions committed by you or any person for whose acts you are legally responsible for while engaging in the management of your company's employee benefit plans. Brown & Browh5 of Florida, Inc. BUSINESS AUTOMOBILE COVERAGE FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT Bodily Injury & Property Damage Liability - Any Auto Personal Injury Protection - Autos Subject to PIP Law Medical Payments - per person- All Owned Autos Uninsured Motorists Coverage (Non Stacked) - All Owned Autos Hired & Non-Owned Automobile Liability - Hired/Non-Owned Autos Hired Auto Physical Damage - Hired Autos Towing & Labor Per Disablement - All Owned Autos Auto Liability Deductible Each Accident Coverage Umits must be ultimately chosen by the Insured. We as Agents cannot recommend the adequate limit of protection. Higher limits may be available. Please let us know if a quote is desired. COVERAGE PROVIDED · Coverage only applies to vehicles that are owned/titled or leased in the corporate name, or business name in case of a partnership, that is specifically listed. If a business owned vehicle is furnished for personal use, an extension of coverage form may be required for proper protection. · Automobile Liability · Uninsured Motorists Coverage (Non-Stacked) · Medical Payments · Hired Automobile Liability · Employers Non-Owned Automobile Liability · Automobile Physical Damage (Coverage/Deductibles Per Schedule Overleaf) Brown & BrowIJ of Florida, Inc. ... SCHEDULE OF OWNED AUTOMOBILES Unit. Make ModellOescrlDtion Department Al Eft ,~o.mpJ),ed c:omp,~ ~'Term n ,~aJue' ...... --' . Qty Year V1N. VehIcle Type AL T enn Coil Ded Coil Eff Coli vlI!ulltlon I APD Rptd T"nn TVDe 1 Ford Ranger Code Enforcement 10101109 ~ 11~JI09~ "10101f.11r . ' $7,fi60 . 1 1999 lFTYR10V5XUB21491 IJgtt Truck 10101111 $2,500 10101109 10101/11 AcluaI Cashl $7,56( 2 Ford FOClJS Code Enforcement 10~1109 $2,500 " ';.11l1Ul109 '10101111 , Q .H~, $6.450 1 2ODO 1FAFP33P3YW304289 Private Passet'lQer 10101111 $2,500 10101109 10101/11 AcluaI Cashl $6,451 3 FIoat.Qn Twin Axle Boat Trailer porlOe 10101,u9 I g~ 1~1109 1.M>!/11' . . ~ " Sf)3D ...."'" .~ 1 1993 273644 Trailer. NOCH RI!lIDl111 $2,500 10101109 10101/11 AcluaI Cashl S6J( 4 Chevrolet SolD Public Worb 10101,00 u 52,5OOY': :lll1Ul~' 10101/11, ,_ . ~ 58,6JO ,OJ 1 1998 lGCCS19X7W8238354 LiQht Truck 10101111 $2,500 10101,00 10101/11 AcluaI Cashj 58,61 5 Ford Crown Victoria Police 10101,00 52,500 '101Ql109 10101/11 $9,350 1 1998 2FAFP71W2WX123428 Police Car tolOl/11 $2,500 1001109 lOOllt1 AcluaI Cashl $9,35l 6 Ford Crown Victoria Police 10101,00 $2,500 ~ 11l1U.11Q9' 1010.1!J ~ ~,35O - 1 1998 2FAFP71W3WX113068 Police Car 10ml/11 $2,500 10101109 10101/11 Actual Cashl $9,35l 7 Ford Crown Victoria Police 10101,00 52,500 ' ~1l1U11l!9 1010J111) ~ . $9,350 1 1998 2FAFP71W3WXl23423 Police Car 10101/11 $2,500 1001109 10101111 AcluaI Cashl $9,35l 8 Ford Crown Victoria Police 10101109 ~ t$2,5OO:: 10101lO9, 1001111; " ~. $9;350 1 1998 2FAFP71WDWX123427 Police Car 10101/11 $2,500 10101,00 1001111 AcluaI Cashl $9-;35( 9 Ford Crown Victoria Police 10101109 S2,5DD, 10101,00 "1001/.11, ".- $9,350 , 1 1998 2FAFP71W7WX123425 Pofice Car 10101111 $2,500 100 1/09 10101111 AcluaI Cashl $9;35l 10 Ford Crown Victoria Police 10101109 '$2,!iDD;- ,10101109 101011.11 [0; o:$9,~ 1 1998 2FAFP71W5WX123424 Police Car 10101/11 $2,500 10101109 10101111 ActuaJ Gashl $9,j!Ji 11 Ford Crown Vidoria Police 101D1109 $2,500 ' 1p1!)1lO9 '10011.11; $9,350 1 1998 2FAFP71W2WX123431 Police Car 101D1111 $2,500 10101109 101Dl/ll ActuaJ Cashl $9,35l 12 Ford Crown Victoria Police 10101109 52,500 10101109 10101/11' , $9,350 1 1998 2FAFP71WDWXl2343D PorJCe Car 10101/11 $2,500 10101109 10/01/11 Actual Cashl $9,35l 13 Ford Taurus BuIlding 101Dl109 $2,500 : ,J0ID1109~ 1010.1111 ! $7,830 1 1999 1 FAFP52U5XA212681 Privale Passet'lQer 10101/11 $2,500 101Dl109 1010111 1 Actua1 Cashl $7,83i 14 Ford Crown Victoria Police 10101109 ;' ~5OO/ ,1010J!09 l,0ID1111 ' $MrO 1 1999 2FAFP71WliXX167398 Police Car 10101111 $2,500 1001,00 10101111 Actual Cashl $9,57 15 Ford Taurus SIW Police 10101109 $2,500 '101D1109 1001/11, $7,500 - 1 2ODO lFAFP5826YA236852 Private Passenger 10101/11 $2,500 1 OlD 1109 10101111 Actual Cashl $7#J1 16 Ford Tawus Police 10101109 , $2,500 101Dl109 1001/11' SS,8OO 1 2ODO 1 FAFP5222YG136866 Private Passenger 1001/11 $2,500 lD1D1109 10101/11 Actual Cashl 58,sex 17 Ford Crown Victoria Police 10101109 $2,500' ;10101109 101Dl/11 S9,68O , 1 2000 2F AFP71W4YX14D959 Police Car 10101/11 $2,500 1 OlD 1109 1 DlDl/ll Actual Cashl $9-;G8( 18 Ford Crown Victoria Police 10101109 ' ,~5!l9':'" i tOlOl1Q9 1ll!Ol/11 M $9,680 " 1 2ODO 2FAFP71W2YX14D961 Police Car 10101111 $2,500 10101109 10101/11 AcluaI Cash) $9,68l 19 Ford Crown Victoria Police 10101109 52,500 "10101109 1010.1111 , $9,680 1 2DDD 2FAFP71W2YX140958 Police Car 101D1/11 $2,500 10101109 101Dl/l1 Actual Cashl $9,68l 20 Ford Crown Victoria Police 10101,00 " 52,500' 10101109 10101111 ...~. ...... $9,680 1 2DDD 2FAFP71W9YX140956 Police Car 10101/11 $2,500 1001109 101D1/11 Actual Cashl $9,68C 21 Ford Crown Victoria Police 10101109 $2.5plI.; , ',1.0101109 .10101~11 ',,", ,58,800 1 2000 2FAFP71WOYX140957 Police Car 10101111 $2,500 1010 1109 101Dl/l1 ActuaIl;a$IlJ 58,sex Brown & BrowIJ of Florida, Inc. SCHEDULE OF OWNED AUTOMOBILES Unit' Make ModellDescripdon OeP8ftment Al Eft' lConilLI?l!!! ~p.Eft' 'ltI8fl!lJl ~ol'!l!!~!;.;:DM1 Qty Year VlN' VehIcle Type AL Tenn Coli Oed CollEtt Coli vlI!.uatlon I APD Rptd TA~ Tvne 22 Fad ~r Police 10.101109 1lS2,~Y Fi.11l!Q1~1 i1~111..r ~D_$10,~ 1 2000 lFMZU72X1YUBm43 Police Car 1001/11 $2,500 10101109 10101/11 AcluaI Cash( S10.56l 23 Ford F350 Police 10.101109 1f.S2,~" ~O/!lJ~ ;ilCl1Q.111Jl ~.$8600 1 2000 1 FTSW31S9YEC57228 light Truck 10.101/11 $2,500 10101109 10101/11 AduaI Cash( $8,601: 24 Fad Crown VICtoria Police 10101109 .S?~A &1.0101109.1 ..!DlDJtll NU ~$J!.~ 1 2001 2F~1W31X124015 PofJOe Car 10.101/11 $2,500 10101109 10101/11 AcluaI Cashl $9,9CX 25 Ford Crown Victoria Police 10.101109 "'I.57;~" l1.1l/O..1~J ~~1)} ~"~:~ 1 2001 2F~1W51X124016 PofJOe Car 1001111 52,500 10101109 10101/11 Actual Cashf $9-;90 26 Fad Crown Victoria Police 10101109 t'lJ2,@)i .\19!DJI,!l9~ ~llJ01/J1~ ~~-:~$.9,9.QO 1 2001 2F~1W71X124017 Police Car 10101/11 $2,500 10101109 10101/11 AduaI Cashf $9-;9a 27 Fad Crown VICtoria Police 10.101109 ~S2,!i.OOe l!OIOJI09.J F<!ooln1t ~'QS ":..~,9OO 1 2001 2F~1VV91X124018 Police Car 10101/11 $2,500 10101109 10101111 AduaI Cashl $9,SOl 28 Ford Crown Victoria Police 10101109 ll1.;~S7.5JIO~ rt1Q!!>.tIQ?J '10101t1g ~~ ~..ISl.S9. 900 1 2001 2FAFP71W01X124019 Police Car 10101/11 52,500 10/01109 10101/11 Actual Cashl $9,9CX 29 Ford Crown Victoria Police 10101109 1I.S2;~Ji &jPIDI/.D9J !'t10/0~ttll ~~ 59,900 1 2001 2FAFP71W71X124020 Police Car 10101/11 52,500 10101109 10101/11 Actual Cashl $9,901 30 Ford Crown VICtoria Police 10101109 ~S2,5.OQ!iIl "10/01109 ~Q!l)1'J..1) ~.an$9,9OO 1 2001 2FAFP71W01X124022 Police Car 10101/11 $2,500 10101109 10/01/11 Actual Cashl $9,901 31 Ford Crovm VICtoria Police 10101109 fig~ ~!Q1Q.1.~~ M.QtOl/!1i .~ ~,9OO 1 2001 2FAFP71W21X124023 Police Car 10101/11 $2,500 10101109 10101/11 AduaI Cashl $9,901 32 Ford Crown Victoria Police 10101109 IKS2.!!09..G1 ~1109J ~0I0:!L1Jl ~ ~ CO 59,900 1 2001 2FAFP71W41X124024 PoflCEl Car 10101111 $2,500 10101109 10101/11 Actual Cashl $9,9CX 33 Fad Crown Victoria Police 10101109 ~S2,500lP i,1.OJQ1~J ;1..0/!l1t11 ~iS9,!!QO 1 2001 2FAFP71W61X124025 Police Car 10101/11 $2,500 10101109 10101/11 AcIuaI Cashl $9.90 34 Fad Explorer Police lOOMl9 R$2,5(lOlD ItClo'll..l/.D9J '1001/11 ~ rll$jO,B.!l9 1 2001 1~2E31ZA54351 IJqht Truck 10101/11 $2,500 10101109 1001/11 Actual Cashl $10,801 35 Fad Crown Victoria Police 10101109 ~~.a~' ~!0I01r1!9 10011111 Qj ~~9,9OO 1 2001 2FAFP71W41X121866 PoIK:e Car 10/01111 52,500 10101109 10101/11 AcluaI Cashl $9,901 36 Ford Crown VICtoria Police 101011091fj!;$2,500~ ilO1.Q!1()9~ ~O/OJt11i 1) ~Ill!i ~ $9,900 1 2001 2FAFP71W81X121868 Polka Car 10101111 $2,500 10101109 10/01111 Actual Gashj 59,901 37 Ford Crown Victoria Police .10.101109 :l'Jl$2,soo.lll ~10/0..1~1 J;1Q!l),1(1,t; i51'~~ ~.$!I,900 1 2001 2FAFP71VVX1X121869 Police Car 10101/11 $2,500 10101109 10101/11 Actual Cashl $9,901 38 Ford Crown VICtoria Police 1 0101109 ~$2,500 ~lf~l0!9JIQ9] 10/01/11 "~~~,~ 1 2001 2FAFP71W61X121870 Police Car 10.101111 $2,500 10/01109 10101111 AcIuaI Cashl $9,9CX 39 Fad Crown VICtoria PoflCe 10101109 pt.~,500.iR ~10/01109J 1~1111 t>Pa~ IIIlJII 'i.~.909 1 2001 2FAFP71W81X121811 porlee Car 10101/11 $2,500 10101109 10101111 Actual Cashl $9~ 40 Fad Crown Victoria Polka 10101109 P $2.500ill 10/01109 ~10f!l.!t1..1i ~ IIaO r:ra 1J59,9OO 1 2001 2F~1VVX1X121872 Police Car 10101/11 $2,500 10101109 10101111 AduaI Cashl $9,9CX 41 Ford Bucket Public Works 10101109 ~~$2.500:1 ;;'10/011Q9J b,10/0..1!11! ~:~Iftr$.12,6IlO 1 1999 1 FDWF36l9XED59688 Medium Truck 10101111 $2.500 10/01109 10/01111 Actual Cashl $12,GOC 42 Fad Ranger Public WorlIs 10101109 '011 5,?500' ..10/01109, ~1/!1i g ~.dt,.!tm.nl'ST:!@ 1 2000 lFTYR10V5YPA62913 UQIlt Truck 10101/11 $2,500 10101109 10101111 Actual Cashl $7,74( Brown & BrouM of Florida, Inc. SCHEDULE OF OWNED AUTOMOBILES Unit. Make ModellDesaiptlon Department AL Eft '~mp _Oed, C::Of!1P Eft' Tfl!I1l , ,~YaJue~ Qty Year V1N# Vehlde Type AL Tenn Call Oed Call Eff CoD Va!ullllon I APD Rptd T"n>> TVDe 43 Arrow 6x122WH P1bfic: Works 1001109 ., S2,5OO . 10101109 (1oo1/11 .1l1Il,'~.,... !.:. ; 5:440 1 2001 146UB1217YM040808 Trailer. NO CH ~1I11 ~4flUO 10101109 10101/11 Actual Cash! S44( 44 Arrow 6x122WH Public: Works 10101109 , s:2,5IlO... 1'0/.01109, 10101/11 I -'", . $!C.O 1 2001 146UB12111M041457 Trailer. NO Ctt ~1/11 52,500 10101/09 10101/11 AduaI Cashl S44 45 F<<d F250 Public: Works 10101109 $2,5(10: 101Jl'nl! .!~1/11' ........ ..... .,$.8,800 1 2001 1 FTNK21 L21 EB57977 LiQht Truck 10101/11 52,500 10101109 10101/11 Actual Cashl sa,8O( 46 Utiity Utility Trlr Police 10101109 , S2,?OO' 10101109 '1atOl/11 .~ ,.$1,000 . ~ 1 1999 1E9All0131L252724 T/'lIller. NO CH.lm;Hl1l11 52,500 10101109 10101111 Actual Cashl 51,()()( 47 T oyola Carrry General 10101109 . $2,5QO' ..10101109 '10101/11 . ~ ~ -511,500 1 2003 4T1B~591 Private Passenger 10101/11 52,500 10101109 10101/11 Actual Cashl 511,501 48 Buick Regal Police 10101109 $2,500 "10101109 1010J/l1 S:8,t1Q9 1 2000 2G4WB55K9Y1339105 Police Car 10101111 52,500 10101109 10101/11 Actual Cashl sa,oo 49 Ford Explorer 4X4 Police 10101109 -g~ 10101109 1~'/11 . .. . "....513500 ". ". -'. . 1 2004 1FMZU72K24UA82245 Light Truck 10101/11 S2.500 10101109 10101111 AduaI Cashl 513,50( 50 Ford Explorer 4X4 Police 10101109 -$2,SQO: ~'010"'109. 10101/11; $13,500 1 2004 1FMZU72K44UA82246 LiQht Truck 10/01/11 $2,500 10101/09 10101111 Actual Cashl $1 :f,5Ol 51 Ford Explorer 4X4 Police 10101109 12.500 .. 10101109. ,10101111, I $13,500 1 2004 1FMZU72K84UA821fil IJQht Truck 10101/11 52,500 10101/09 10101/11 ActuaJ Cashl $13~5a 52 Ford Explorer 4X4 Police 10101109 ~. 1010..1.109 10101111" &< .a_ 513,500 1 2004 1 FMZU72K64UA82247 Light Truck 10101/11 $2,500 10101/09 10101111 ActuaJ Cashl $13,501 53 Kuslom S.MAR T. Radar Trailer Police 10101109 ~ S2,5OO.. !OLD11Q9 ! 10101111 ~.. "$1,000 1 1999 lK9BS0813WK118886 Tl3ller. NO CH RUlID1/11 52,500 10/01109 10101111 Actual Cashl $1,00 54 Aero Elite 32NC4 26 Passenger CHS 10101109 .. $2,500" ,1010JI09 10101~1.1' . ,$41.865 ~ 1 2004 1 GBE5V1284F18823 Bus >20 Pass, No ifl'l0I01Il1 $2,500 10101Ml 1001/11 Actual Cashl $41,00 55 Ford F350 4X4 Pubfic: Works 10101/09 .$2,500 . 10101109 10/01/11 ~ 513,000 1 2004 lFTS31SX4EB72117 Liaht Truck 10101/11 52,500 10101109 10101/11 Actual Cashf $13,00 56 Ford Explorer4X4 Building 1001109 5;2.5O\l q~1!09 ,010,/". - .5.13,500 ~ ..:~ 1 2004 1 FMZU72KX4UA82168 Light Truck 10101/11 52,500 10101109 10101/11 Actual Cashl $13,501 57 Ford Explorer 4X4 Building 1001109 52,500- '10101109 ,10101/11 . !513,500 1 2004 1 FMZU72K14UA82169 LightT ruck 10101/11 52,500 10101109 10101/11 ActuaJ Cashl 513-;50( 58 GlavaI ....Iu""."'" Ur :;'.,.~:."uw'" CU:>, LI CHS 10101109 52,500 . ~10101109 . 1/110,111.1 $49,082 1 2004 1DAE55F93HBOO115 Bus >20 Pass, wit 10101/11 52,500 10101109 10101111 Ac:tual Cashl 540,08 59 Chevrolet Bite MdI 32NC4 CHS 10101109 $2,500 '10101109 1001/11 _ n '$41,865 1 2004 lGBE5V1254F518956 Bus >20 Pass. No ift10101/11 $2,500 10101109 10101111 AcluaJ Cashl $41,86! 60 Ford Crown Vic:lllria Police Inlerteplor Police 10101109 $2,5.!ljl 11l1p1!D9' ,10101/11' $1~,593 . 1 2005 2FAFP71VY05X141814 Pofrce Car 10101/11 52,500 10/01109 10101/11 AcluaJ Cashl 511,59 61 Ford Crown Vic:lllria Police Interceptor Police 10101109 < $2,5QO 10101109 10101111 "Sl',593 1 2005 2FAFP71VV25X141815 Polic:e Car 10101/11 $2,500 101011W 1001/11 Ac:tual Cashl $11,59 62 Ford Crown Vidoria Police Interc:eptor Police 10101109 ,$2,5001 ,10101109 '10101111, .. ,$11,593 1 2005 2FAFP71W95X141813 Pofice Car 10101111 52,500 10101/09 10101/11 AQual Cashl 511,59: 63 Ford Explorer Police 10101109 f ~,500 . 10101109 '0101/1.11 .. $!3,2~6 1 2005 1 FMZU72K65UB05723 Police Car 10101/11 ~l,bOtl 10101109 10101/11 Adual Cashl S13,241 Brown & Brow~ of Florida, Inc. SCHEDULE OF OWNED AUTOMOBILES Unit" Make ModellDesaiptlon Depal1ment At Elf ;9?!!1P..~ Comp,.E!f ~ennJ:l ~Valu.~ Qty Yeas V1N. Vehicle Type Al Term Coli Oed Coli Elf Coil vlI!.uatlon I APD Rptd T..nn Tvrw> 64 Ford Ellplorer Police 10101109 m$2;~J'l \1lltDJ~J :'10101/11 ..'~l$13;246 1 2005 1 FMXU72K85UB05724 Police Car 10101/11 $2,500 10101/09 10101111 Actual Cashl 513,24 65 Ford Ranger 4x4 Code Enforcement 10101.00 lU~r '(I9o.:'DJtQ9J ~J~111 ~1N~$8.826 1 2005 2FTYR11E65PA583n Light Truck 10101/11 $2,500 10101iOO 10101/11 Actual Cashl $8,821 66 Ford F650 Dun1> Truck Public: Works 10101109 ljDg500Bi ~1~11g?j :\1010lL1.1J ~"tt"(M$21!568 1 2005 3FRWF65E36V167079 Heavy Truck 10101/11 52,500 10101109 10101111 Actual Cashl 527.!i6l 67 Continental ATV Trailer lifeguard 10101/09 1J[s.2;5g)~ i1@j~J i1l1/Q1l11' ~(QlI~S!20 1 2005 1ZJUT18175M030168 Trailer. NO CH RtMl1l11 $2,500 10101iOO 10101111 Ac:tual cash( Snl 68 Continental Jet Ski Traaers Lifeguard 10101.00 .~.E ~~am'.N9J i1lltD~11Jl lilIiPl!m ~5I20 1 2005 1ZJBE141X5M030169 Traller . NO CH .,1" 52,500 10101109 10101/11 Ac:tual Cashl S72j 69 Continental Jet Ski T raaers Lifeguard 10101.00 a.$7.~! UQIOJiOOJ \11l!01/11J ~"~S720 1 2005 1ZJBE1465M030170 Trailer. NOCH ~1111 52,500 10101109 10101111 Actual Cashj S72l 70 Chevrolet Ilrfl3Ia Police 10101.00 ~S2,~J: fJ.Ol!t~; iJ,!0I0~L1'! fIlIl!.la m ~ga! 1 2005 2G1WH52K259248321 Police Car 10101111 $2,500 10101109 10101111 Adual Cashl 512,51 71 Ford Expecfrtion Police 10101.00 ~:$2,5OOm 11(J1O,1f[J9;~lQlO,Yj.1J ~ 516,935 1 2005 1FMPUl65X5lA66505 Poflal Car 10101111 52,500 10101109 10101111 Ac:tuaI Cashl 516,931 72 Ford F150 Police 10101109 ~S2,500~ 1.1010.1109' 11ll.1l1'J& ~512,518 1 2005 1FTVX14555NA84968 Pofice Car 10101/11 $2,500 10101109 10101/11 Ac:tuaI Cashl 512,51 73 Ford Ellplorer Police 10101109 Rfa$2,5OO ~ ~tM!.1!09J 11Q!D.1L111 ~513,2i6 1 2005 1FMZU72KDSUB05720 Police Car 10101111 52,500 10101109 10101111 AcluaI Cashl 513.2~ 74 Ford Ellplorer Police 10101iOO m:S2.500JI'f; t.1Qm!/09, lllllD.1/.1.1! ~5J3.2~~ ( 1 2005 1FMZU721<45UB05721 PoflC8 Car 10101/11 $2,500 10101109 10101/11 Actual Cashl 513,241 75 Ford Explorer Police 10101109 lR$2~jS 110101~; '\1010.1/11} ~ ~513.246 1 2005 1 FMZ\J721<45UB05722 Police Car 10101111 52,500 1 DlD1109 1D1D1/11 Ac:tual Cashl 513,241 76 Ford Sport T rac: Pic:kUp Lifeguard 10101.00 i"llS2,5OOlil! M.0I01109.1 31001/11' ~. ~'$18.00ll 1 2005 1 FMZU77K45UB98914 light Truck 10101/11 52,500 10101109 10101111 Ac:tual Cashl 51B,()()( n Anderson Trailer Public: Works 10101/09 m.$2,~ lll!!JmQ~J ~1Q!!lJmj ~igl!7p 1 2005 4YNBN18245C026637 Trailer - NO CH lRUlID1J11 52,500 1 DlD1109 1D1D1111 Ac:tuaI Cashl $2,07 78 CECO Tra~er wfWasher Public: WoIlls 10101/09 .f1jS2,5/JOIIl ~1010Jro~,; i!llIQj/l1: ~~5r;200 1 2005 NOVIN0200444887 Traller.NO CH ~1/11 $2,500 1D1D1109 10101/11 Ac:tual Cashl $7,201 79 Ford Explorer Attomey 10101109 S/ll$2,5OO'I' ~1Q.101109) J..'Q.1O;1!.1'J ~.. ~ 516,249 1 2005 1FMZU64K15UB58899 light Truck 10101/11 52,500 10101109 1001111 AduaI Cashl $16,24! 80 CheYroIet lIrpaIa Por.ce 10101109 Zl$2,5001ili,t10101~; ,1001/11 f-~~ 514,056 1 2006 2G1WU581469220371 Poflal Car 10101/11 $2,500 1D1D1109 10101111 Ac:tual Cashl 514,OSE 81 Ford CrlNm Vidoria P060e 10101109 1if,L$2,5001I S1Q!!!.11091l1Jl..fO..![!1; ~$13,704 1 2006 2FAFP71W06X124979 Police Car 10101/11 $2.500 10101109 10101111 Ac:tuaI Cashl 513,70l 82 Ford Ranger 4x4 Code Enforcement 10101109 Jf$2,500l4 t10101iOO Itll1Q1l!11 ~:Ila lS10;291 1 2006 1 FTYR11E36PA49220 Light Truck 10101/11 $2,500 10101109 10101/11 Ac:tual Cashl 510,29 63 Ford Ranger 4x4 Code Enforc:ement 10101/09 MS2.!iO!IJI ~1M1!mJ f.10101L1J: ~~510.297 1 2006 1 FTYR11E56PA49221 liohtT ruck 1D1D1/11 $2,500 10101109 10101111 Ac:tual Cashl 510,29 84 Continental ATVTT3ller Lifeguard 10101/09 mg500JI ~1l!l!!11Q.9..' Ltll'l!.1!!t _~~ 1 2004 lZJUT14X4M025518 Trailer - NO CH RtM)1/11 $2,500 10101/09 10101111 Ac:tuaI Cashl -S6(j( Brown & BroJR of Florida, Inc. SCHEDULE OF OWNED AUTOMOBILES Unit' Make ModellOesc:ript/on Qty Year V1N# 85 Continental Jet Ski Trailer 1 2005 1ZJBE20115M030167 86 Kustom Smart Trailer 1 2005 2S9US111365132322 81 Haum UIiIilyTrlr 1 2006 16HCB12126G083098 88 Ford Explorer 1 2005 1 FMZU72I<X5UB05725 89 Ford Taurus 1 2000 1FAFP5222YG136865 90 Ford FI504X4 1 2006 1FTRF14SX6NA63711 91 Ford F1504x4 1 2006 lFTRF14516NA63718 92 Ford Crown Victoria 1 2006 2FAFP71W96X124978 93 Ford Crown Victoria 1 2006 2FAFP71W76X124980 94 Ford Crown Victotia 1 2006 2FAFP71"~124981 95 Ford Crown Victoria 1 2006 2FAFP71W26X124983 96 Ford Crown Victoria 1 2006 2FAFP71W46X124984 91 Ford Crown Victotia 1 2006 2FAFP71W66X124985 98 Ford Crown Victoria 1 2006 2FAFP11W86X124986 99 Ford Crown Victoria 1 2006 2FAFP11W06X124982 100 Ford Explorer 1 2006 1FMEU72E2GUA93029 101 Ford 8dorado Aerotech 24 Passenger Bus 1 2006 lfDXE45P76HB23915 102 Ford 8dorado Aerotech 24 Passenger Bus 1 2006 1fDXE45P06HB23917' 103 Ublity Trailer 1 2006 104 Harley Da ~dson Road King 1 2007 1HD1FHMI97Y622630 105 Harley Da ~dson Road King 1 2001 lHD1FHMI67Y621094 Department AL Eff ~p~ f.9.!!'p~EJf ttl.lermMj ~I~ Vehicle Type AL Term Coli Oed Coli Eff Coli ValuatIon IAPO Rptd T .or... T\IIlA Lifeguard 10.101109 ~52,500' ~lq,tOl.lO.9;. ~Q!Q!I..U~ ~ ~5720 Trailer- NOCI-\. RlMll/11 $2,500 10101109 10101/11 AdualCashI S12< PorlOB 10101109 r.LS?~" J0I01109 ~10101/11 ~B1~~7.29 Trailer- NOCH RlMl1111 $2,500 10101109 10101/11 AcluaI Cashl S721 PorlOB 10101109 F'S2.500~ !.1..0I01109j W1/.1JJ ~~ Traller-NOCH RlMIl/11 $2.500 10101109 10101/11 ActualCashI Sll4l Buldng 1001109 1S2.~J~.1I09' "1n:'O.1/11 i O~t51~~~~ LightTruck 10/01/11 $2,500 10101109 10101/11 Actual Cashl $16,24 Code Enfacement 10101109 ng~~ l\1~!JP9J tlD.lllJLtt ~~:800 Private Passenger 10101/11 $2,500 10101109 10101111 Actual Cashl $8,80( PubflC Works 10101109 ~S2.~rR 1010.11119 il~!.lJJ Ld1lf~~,17'y LiahtTruck 10101/11 $2,500 101011119 10101111 AdualCashI $13,17' PubflC Works 1001109 ~g5OO.S1l.1QlOl109;ltl..DLQ.1W; ~;m; Liaht Truck 10101/11 $2.500 10101109 10101/11 AduaI Cashl $13,17' Police 1001109 mS2.5OOJI; d.101QJ!09J l.1010.1l1.11 ~$.13;r~ Police Car 10101/11 $2.500 10101109 10101111 Actual Cashl $13,70' Police 1001109 ~:S2.~1IJ ~101Ql~1.10101/1.1 ~ :VIW'1$13,7.~ Police Car 10/01111 $2.500 10101109 10101/11 Actual Cashl $13,70< Police 10101109iiW,.!iO!!ff 1@'01109j a.m.'OJ1!1j ;'1. ~ Iflo II $13,1~ PorlOB Car 10101/11 $2.500 10101109 10101/11 Actual Cashl $13.70 Police 10101109 &'{S2,@;; ~1@l ~1lltD1mj .~.. d"~ d13;r04 portceCar 10101/11 $2,500 10101109 10101/11 ActuaICashI $13,70 portee 10101109 lfS2.500:cI i1ll!O.1lO9~ ~1~.1/JJI ~iD'1l'C$13.104 Police Car 10101/11 $2,500 1W01lO9 10/01/11 Actual ~ $13,70 Police 10101109 f{$2,5;QQ,U k11J!01!09Jii!.9tOJI.1J~ ~ llliSl$.13;~D.4 Police Car 10101/11 $2,500 10101109 10101/11 Actual Cashj 513,m Police 10101109 )I!lI..$2,~:U ~1010!.~ !llQ!lJ1/1jj c~ ($.13,!~ Police Car 10/01111 $2.500 10101109 10101/11 Actual Cashl $13,70< Police 1001109 .&S2.5@';;' ..10101109 110101/11: ~Dlt$13,~04 Pofice Car 10101111 $2,500 10101109 10101/11 Actual Cashl $13,70. BullcflllQ 10101109 At52:500J.. \!!I{llJ~j iLOIO.1tJ1' 1~.$JQ~1 Light Truck 10101/11 $2.500 10101109 lW01/11 Actual Cashl $10,29 CHS 10101109 ~$2,500Pt 1J0I01109. l1n:'01/.11. ~ ~$S5,183 Bus >20 Pass, No lftlO/Ol/11 $2,500 101011119 10101/11 Actual Cashl $55,78: CHS 10101109 :fl!.S2Ji!llI~ tj.w1.~1 ~1c;'!lm.!1 ~ C1Ii:lIill~~.183 Bus >20 Pass, No 1fll0l01I11 $2,500 10101109 10101/11 AduaI Cashl $55,78: portee 10101109 1l$2,5001Ii 11n:'01109, ; 10101/11 "'H'iIRI~"I&-':.SJ;400 Traller-NOCK RlMl1/11 $2.500 10101109 10101/11 ActuaICashI $1,4lX Police 1001109 ifi.$2,5001J1ll{01109, ~~1/.1.1" ~ 11,$24,000 Motorcycle 10101111 $2,500 10101109 10101/11 Actual Cashl $24,00: Police 10101109 II !2.5Ol}'lJ it.10101~" K!,QIO![..1.!l r lDI! -QoC:t~~4,ooo Motorcycle 10101/11 $2,500 10101109 10/01/11 Actual Cashl $24,CXX Brown & Brow1t of Florida, Inc. ( ( SCHEDULE OF OWNED AUTOMOBILES Unit . Make ModellOesaiptlon DeDllJ1ment Al Eff ~'!'I!.D8d ~!!!!'P&~!! ~ ~Vall.!l'''' ... Qty Year V1NtI Vehicle Type Al Tenn Coli Ded Coli Eft CoU ValulltJon I APD Rptd T__ TVDe 106 Hasley Dol ~dson Road King Police 10101109 ~$2,500.8' 1001109 ~.!Llli ~.S24,OOO 1 2007 1H01FHMl67Y622200 Motorcycle 10101111 52,500 10101109 10101/11 ActuaJ Cashl 524,00 107 Hasley Dol ~dson Road King Police 10101109 iBiIS2.5QOEI [tD.!OJl()9.i !1tIliOJ!11I IilllJlq~S24,~ 1 2007 1H01FHMl67Y622743 MotorCYcle 1ll101I11 52,500 10101109 10101/11 ActuaJ Cashl S24,OOI 108 Harley Dol ' dson Road King Police 10101109 jJtg!j!!QD JOIO,IO!!. \i1Q:.'01/11; ~S2.!,OOO 1 2007 lHD1FHM127Y622078 MotorCvcle 10101/11 52,500 10101/09 10101/11 AduaI Cashl $24~00l 109 Hasley Da 'dson Road King porJCe 10101109 dS2.5001! ~QJO.1m1 111 0101/11 ~~$24,o.og 1 2007 1HD1FHM197Y622899 MotorCYcle 10101111 $2,500 10101109 10101/11 Actuaf Cashl $24,001 110 Ford CraMl VlCloria Police 10101109 II1.g~1)1 "'001109 11l1(l'Ll1i ~ f{ $2.9,!l!!6 1 2007 2FJU9P71~155100 Police Car 10101111 $2,500 10101109 10101/11 Actuaf Cashl $2O,991 111 Ford CraMl Victoria PofJCe 10101109 !PS2,~ .1001109 "1Q!D,1L11 - '6' ttm ~-:$20,996 1 2007 2FAFP71VVT7X155101 Police Car 10101111 52,500 10101109 10101/11 Actuaf Cashj S20~ 112 Ford CraMl Victoria PoOOe 10101109 Qg~1If{ lLOO1~ ilQLllli.1j; /I.:'A!I1!,~,996 1 2007 2FAFP71W97X155102 Police Car 10101111 52,500 10101109 10101/11 Actuaf CashT $2O~ 113 Ford CraMl VICtoria Police 10101109 R~5005! ~1~.1lO9; !:.11~'OJL1JJ ~lrIJ~'" $20,996 1 2007 2FAFP71W07X155103 Police Car 10101111 $2,500 10101109 10101/11 Actual CashT $2O-:99i 114 Ford Crown Victoria Police 10101109 D52,500JIf (\1,001109 ilOlJl.1!ljj Ji'W'Y,~ S29,~ 1 2007 2FAFP71W27X155104 POrJQl Car 10101/11 $2,500 10101109 10101/11 Actual Cashl $20,99l 115 Ford CraMl Victoria Police 10101109 ~g~le fJ0I01~ ~ 1"Ml111! ~ r:.ftlM. ilfflJ $20,996 1 2007 2FAFP71W67X155106 POrJQl Car 10101111 $2,500 10101109 10101111 Actual Cashj $20-:99i 116 Ford Crown Victoria Police 10101109 ~S2,500~' ~10101109i [10(0,1/111 QilI111mu. "<'$20,996 1 2007 2F~lvva7X155107 Police Car 10101111 $2,500 10101109 10101/11 Actual Cashl $20,991 117 Ford Crown Victoria Police 10101109 :>>'52,500111 l1,!!I!I1~; A;1J1I011.1 f ~'~~,996 1 2007 2FAFP71W47X155105 Police Car 10101111 52,500 10101109 10101/11 Actual Cashl $2O,99l 118 Unknown Jet Ski Trailer Code Enforcement 10101109 fl52,500I; f,101011O!l. ~.(lI()".11~ m..~$'.OOO 1 2001 146DA 1413YM)40808 Trailer - NO CH Rl:Mll/l1 $2,500 10101109 10101/11 Actual Cashl $1,001 119 Ford FI50 Public Works 10101/09 ~52,?QlI.c tOO1{l19~ i1!0Ig,,1/l.!: :1~..drF~$1:~ 1 1998 lFTZf172XWNB49m Uaht Truck 10101/11 $2,500 10101/09 10101/11 Actual Cashl $7,361 120 Ford Expedition CHS 10101109 ~S2.500U ~1 010,1109; ill!J1OjlJ1; !~S25,23;6 1 2005 1 FMFUl8255lA65079 Light Truck 10101111 52,500 10101109 10101111 Actual Cashl S25.231 121 Unknown Trailer CHS 10101109 ~4.52,5Oll1A ~o{o,1JQ9~ 1100,1/.1.1; ~.d$.1;200 1 2005 NlA Trailer - NO CH .Rl:Ml1l11 $2,500 10101109 10101/11 Actual Cashl $1)0( 122 Unknown Trailer CHS 10101109 ~.{s2,5.()01fil ~10{01109) !1..QIl)!LljJ t:Af1I ~ -$1,200 1 2005 NlA Tr.lller - NO CH .Rl:Mll (11 $2,500 10101109 10101/11 Actual Cashl $1,20( 123 Ford F250 Public Works 10101109 <<g!iQO~ 1\,10101109' ,1ll.!Q.1LW .'Il q 1ll'IlI$l$12,178 -- -:::< 1 2003 1 FTNF21 193ED5870 1 Uoht Truck 10101111 52,500 10101109 10101/11 Actual Cashl $12, 17 124 Sterflll9 Elgin (Street Sweeper) PubrlC Works 10101109 ~S2,590i?J 10101109 !JOIO.l!!1J ~_llmm$g200 1 2007 49HAADBV17DX51959 Medium Truck 1D101Il1 $2,500 10101109 10101/11 Actual Cashl $63,20( Total 51,622.094 APD $1.622,094 Rptd Brown & BrouM of Florida, Inc. AUTOMOBILE COVERAGE DEFINITIONS FOR A FULL DESCRIPTION OF TERMS, DEFINITIONS AND CONDITIONS PLEASE REFER TO THE POLICY DOCUMENT AUTOMOBILE LIABILITY This coverage is used to protect against claims alleged for bodily injury and property damage arising from the ownership, maintenance, or use of any covered auto. PERSONAL INJURY PROTECTION (NO-FAULT) This coverage is used to provide medical expenses as well as work loss, funeral expenses, essential services expenses, and survivor's loss coverage as outlined in your state's statutory No-Fault laws. UNINSURED/UNDERINSURED MOTORIST Uninsured and Underinsured Motorist coverage protects you and your passengers against bodily injury expenses if you are hit by another driver who has no automobile liability insurance or has less than the minimum limits required by your state. ( MEDICAL PAYMENTS This coverage is used to pay for medical expenses incurred by a covered person injured while driving or riding in your automobile. It provides coverage, regardless of fault, for all reasonable medical costs incurred for up to one year from the date of the accident. It does not cover injury to employees. AUTOMOBILE PHYSICAL DAMAGE This coverage is used to protect the covered vehicle itself. It pays for physical damage loss that results from a covered peril. HIRED AUTOMOBILE COVERAGE This coverage is used to protect against claims arising out of the use of vehicles leased, hired, rented, or borrowed by you, or your employees, while in the course of business. NON-OWNED AUTOMOBILE COVERAGE This coverage is used to provide liability protection for autos used in your business that are not owned, leased, hired, rented, or borrowed. This includes autos of employees and subcontractors that are used on your behalf. Brown & Brouht of Florida, Inc. PREMIUM SUMMARY COVERAGE INSURER AND BEST'S RATING 1;)1 YEAR 2ND YEAR PREMIUM PREMIUM (ESTIMATE) Commercial Package* Preferred Governmental Ins. Trust (Not Rated by A.M. Best) Property Same as above $224,922 $224,922 Inland Marine Same as above $20,070 $20,070 Crime Coverage Same as above $1,891 $1,891 General Liability Same as above $86,563 $86,563 Public Officials Liability Same as above $23,283 $23,283 Employment Practices Liability Same as above $12,205 $12,205 Law Enforcement Liability Same as above $35,946 $35,946 Automobile Liability Same as above $75,256 $75,256 Automobile Physical Damage Same as above $14,052 $14,052 TOTAL $494,188 $494,188 *This Coverage Agreement shall be 25% minimum earned as of the first day of the "Coverage Period". PAYMENT TERMS: First Payment of $247,094 is due 10/01/2009. Second Payment of $123,547 is due 12/15/09. Final payment of $123,547 is due 3/16/2010. AUDITS: The General Liability and Automobile coverages are not subject to year-end audit or adjustment. Therefore, there would not be any additional premiums for increased liability exposures or additional vehicles purchased during the policy year. Brown & BrouM of Florida Inc. QUOTATION TERMS & CONDITIONS INCLUDING BUT NOT LIMITED TO 1. All coverages requested may not be offered in this renewal quote. 2. Renewal Quote is subject to review and acceptance by PGIT Board of Trustees 3. Deletion of any coverage presented, Package and/or Workers' Compensation, will result in re-pricing of account. 4. Request to bind must be received in writing via email prior to the effective date of coverage. If request is not received prior to that date there is no coverage and the file is closed. 5. Coverage is not bound until confirmation is received from a licensed representative of Public Risk Underwriters. ADDITIONAL TERMS AND CONDITIONS INCLUDING BUT NOT LIMITED TO: ( 1. Quote is subject to receipt of the following information: a. Signed first page of the PGIT Application (Florida Fraud Statement) b. Initialed and Signed POUEPLI application c. Signed UM Form d. Signed Signature Page e. Latest Audited Financials 2. Quote Expiration date is 7/31/09 @12:01:00 3. Public Officials Liability / Employment Practices Liability Coverage: a. Optional Non-Monetary increased limit of $100,000 - Additional Premium $3,549 4. Public Officials Ethics Liability Defense Coverage has NOT been included within the POL Quote. Should this coverage be required, the POL premium will increase by $2,016. Brown & Brow2fi of Florida, Inc. PREMIUM COMPARISON I COVERAGE EXPIRING INSURER AND CURRENT RENEWAL I BEST'S RATING PREMIUM PREMIUM Policy Term 7/1/08 10/1/09 to to 10/1/09 10/1/10 Commercial Package Preferred Governmental Insurance Trust (Not Rated by A. M. Best) Property Same as above $ 297,417 $ 224.922 Inland Marine Same as above $ 25.377 $ 20,070 Crime Coverage Same as above $ 2.242 $ 1,891 General Liability Same as above $ 96,707 $ 86,563 Public Officials Liability Same as above $ 27,087 $ 23,283 Employment Practices Liability Same as above $ 14,199 $ 12,205 Law Enforcement Liability Same as above $ 42,624 $ 35,946 Automobile Liability Same as above $ 89,265 $ 75,256 Automobile Physical Damage Same as above $ 24,094 $ 14,052 ( TOTALS $ 619,012 $ 494,188 Brown & BroJ~ of Florida, Inc. NOTICE OF CARRIER FINANCIAL STATUS Brown & Brown, Inc., its subsidiaries and affiliates including Brown & Brown of Florida, Inc. ("Brown & Brown") do not certify the financial stability of any insurance carrier or coverage provider. We have endeavored to place your coverage with an insurance company with an A.M. Best Company financial rating of "A-" or better.. We were unable to obtain a quotation with a carrier with an "A_" or better rating. While Brown & Brown cannot predict whether the financial condition of a company might improve or deteriorate, we are hereby providing you with notice and disclosure of financial condition so that you can make an informed decision regarding the placement of coverage. Accordingly, we inform you of the following: · Coverage is being placed with Preferred Governmental Insurance Trust ("PGlr), which is as a Florida local government self-insurance fund established pursuant to section 624.4622, Florida Statutes (Fla. Stat.), as such PGIT is not rated by the A.M. Best Company. ( · The financial condition of insurance companies and other coverage providers including local government self-insurance funds like PGIT may change rapidly and that such changes are beyond the control of Brown & Brown. · You should review the financial and membership information from PGIT and agree to abide by the conditions of membership established by PGIT. · You should consider the information provided, including the PGIT coverage quote and review it with your accountants, legal counsel and advisors. * A.M. Best Rating Guide: Rating for Stability: A++ to D = Highest to lowest rating Rating for Assetsl Surplus: 15 to 1 - Largest to smallest rating Brown & Brovlrl of Florida, Inc. IMPORTANT NOTICE THIS BRIEF DESCRIPTION OF INSURANCE COVERAGE IS BEING PROVIDED AS AN ACCOMMODATION ONLY AND IS NOT INTENDED TO COVER OR DESCRIBE ALL POLICY TERMS. FOR MORE COMPLETE INFORMATION ON THE SCOPE AND LIMITS OF COVERAGE, PLEASE REFER TO THE POLICY DOCUMENT. We appreciate the opportunity to assist with your insurance needs. Information concerning additional compensation paid to other entities for this placement and related services appears below. Please do not hesitate to contact us if any additional information is required. Our office is owned by Brown & Brown, Inc. Brown & Brown entities operate independently and are not required to utilize other companies owned by Brown & Brown, Inc., but routinely do so. For the 2009-2011 policy years your insurance was placed with Preferred Governmental Insurance Trust (PGIT). PGIT is an insurance trust formed by Florida public entities through an Interlocal Agreement for the purpose of providing its members with an array of insurance coverages and services. PGIT has contracted with entities owned by Brown & Brown, Inc. to perform various services. As explained below, those Brown & Brown entities are compensated for their services. PGIT has contracted with Public Risk Underwriters (PRU), a company owned by Brown & Brown, Inc., to administer PGIT's operations. The administrative services provided by PRU to PGIT include: ( . Underwriting . Coverage review . Marketing . Policy Review . Accounting . Issuance of PGIT Coverage Agreements . PGIT Member Liaison . Risk Assessment and Control Pursuant to its contract with PGIT, PRU receives an administration fee, based on the size and complexity of the account, of up to 12.5% of the premium you pay to PGIT. PRU may also receive commissions from insurance companies with whom it places your coverage, which commissions are derived from the premium you pay to PGIT. Multiple underwriters may be involved in the placement of your coverage. If so, they also may be compensated for their services from the premium you pay to PGIT. PGIT has also contracted with Preferred Governmental Claims Solutions (PGCS), a company owned by Brown & Brown, Inc., for purposes of administering the claims of PGIT members. The services provided by PGCS to PGIT may include: . Claims Liaison with Insurance Company . Claims Liaison with PGIT Members . Claims Adjustment Brown & Brow1z8 of Florida, Inc. Pursuant to its contract with PGIT, PGCS receives a claims administration fee for those accounts which PGCS services of up to 5% of the non property portion of the premiums you pay to PGIT. PGIT also utilizes wholesale insurance brokers, some of which (such as Peachtree Special Risk Brokers and MacDuff Underwriters) are owned by Brown & Brown, Inc., for the placement of PGIT's insurance policies, and for individual risk placements for some PGIT members (excess and surplus lines, professional liability coverage, etc.) The wholesale insurance broker may provide the following services: . Risk Placement . Coverage review . Claims Liaison with Insurance Company . Policy Review . Current Market Intelligence The wholesale insurance broker's compensation is derived from your premium, and is largely dictated by the insurance company. It typically ranges between 10% and 17% of the premiums you pay to PGIT for your coverage. Some wholesale brokers used by Brown to place your coverage may also act as Managing General Agents for various insurance companies, and may be compensated directly by those insurance companies for their services in placing and maintaining coverage with those particular companies. ( The wholesale insurance brokerage utilized in the placement of your property insurance was Peachtree Special Risk Brokers, which is a company owned by Brown & Brown, Inc. Furthermore, any professional liability coverage afforded by the package of insurance you purchased was acquired through Apex Insurance Services, which is also a company owned by Brown & Brown, Inc. Brown & Brow1{ of Florida, Inc. Pursuant to its cxmtract wlth PGTT, PGC5 receives a dalms administration fee for ttlose accounts which PGCS servIces of up to 5% of the non- property portion of the premiums you pay to PGIT. PGIT also utilizes wholesale Insurance brokers, some of which (such as Peachtree Spedal RIsk Brokers and MacDuff Underwriters) are owned by Brown & Brown, Inc., for the placement of PGIT's insurance polldes, and for Individual risk placements for some PGIT members (excess and surplus lines, professional liability coverage, etc.) The wholesale Insurance broker may provide the following services: RIsk Placement Coverage review daims liaison wlth Insurance Company Policy Review Current Mar1<et Intelligence The wholesale Insurance broker's compensation Is derived from your premium, and is largely dictated by the insurance company; It typcally ranges between 10% and 17% of the premiums you pay to PGIT for your coverage. Some wholesale brokers used by Brown to place your CXlVerage may also act as Managing General Agents for various insurance companies, and may be compensated directly by those Insurance companies for their services In pladng and maintaining coverage with those particular companies. The wholesale Insurance brokerage utilized In the placement of your property Insurance was Peachtree Spedal Risk Brokers, which Is a company owned by Brown & Brown Inc. Furthermore, any professional liability coverage afforded by the package of insurance you purchased was acquired through Apex Insurance Services, which Is also a company o~ned by Bro\'<11 & Brown Inc. . ~-- IMPORTANT NOTE: This quote covers two (2) annual twelve month pertods, from 10/01/2009 12:00:00 AM to 10/0112010 12:00:00 AM and from 10/01/2010 ~ 12:00:00 AM to 10/01/2011 12:00:00 AM. The following conditions apply In addition to all other conditions of this quote: A. All Aggregate limits reset for the pertod 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM. Losses applying to the annual period from 10/01/2009 12:00:00 AM to 10/01/2010 12:00:00 AM Will erode the Aggregate(s) for the first annual period, but wlD not erode the Aggregate{s) for the period from 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM. B. The premium for the period 10/01/2010 12:00:00 AM to 10/01/201112:00:00 AM wnl be determined based on updated exposure values for this period. C. Rates for the period 10/0112010 12:00:00 AM to 10/011201112:00:00 AM will be Identical to those for the period commendng 10/01/2009 12:00:00 AM, subject to the following: 1. If PGIT's cost of securing excess Insurance decreases by more than 10% on any line of coverage, PGIT will reduce rates on that line of coverage for the period 10/01/2010 12:00:00 AM to 10/01/201112:00:00 AM. 2. If PGIT's cost of securing excess insurance increases by more than 200/0 on any line of CXlVerage, PGIT will Increase rates on that line of roverage for the period 10/01/2010 12:00:00 AM to 10/01/2011 12:00:00 AM. 3. Nee Experience modification factors wln be applied as promulgated. D. In the event of cancellation of any line of bustness prior to 10/01/2011 12:00:00 AM, a penalty equal to 60 days premium of such line{s) of business shall become earned, any provisiOn of the agreement to the rontrary notwithstanding. 1. This penalty Is earned and payable regardless of when notice of such cancellation Is given, or effective date of such cancellation. 2. This penalty is waived on any line of coverage that is affected by C2 If the coverage Is terminated at 10/01/2010 12:00:00 AM. .".-,.;" TIle Il1er descrf\:Xlon or ClM!lIge cortalnlld In ltU clcc\Imert Is belng llIOYided H an a<<cmmodallcn only and Is net IntI!rxblIll ttNer or c1e101bo .u eo..r.ge Agm!rnent terms. Fot""'"' CClmjllete ani del311ed InlOrmallcn I$th;lIllIM smpe and ImIb of CIl\'t!ra!Il!. ~ rerl!f lIrl!l:lly to the Coverage AQrftmI!flI CICcuments. Spedmen forms .re ....lable upon ~uat. Page 3 COVERED PAR1Y: City of Sunny Isles Beach AGREEMENT NO.: PK2FL1 013202609-07 AGREEMENT PERIOD: 10/01/2009 To 10/01/2010 YOU ARE ELECTING NOT TO PURCHASE CERTAIN VALUABLE COVERAGE WHICH PROTECTS YOU AND YOUR FAMILY OR YOU ARE PURCHASING UNINSURED MOTORISTS LIMITS LESS THAN YOUR BODILY INJURY LIABILITY LIMITS WHEN YOU SIGN THIS FORM. 'PLEASE READ CAREFULLY. Uninsured Motorist coverage provides for payment of certain benefits for damages caused by owners or operators of uninsured motor vehicles because of bodily injury or death resulting there from. Such benefits may include payments for certain medical expenses, lost wages, and pain and suffering, subject to limitations and conditions contained in the Coverage Agreement. For the purpose of this coverage, an uninsured motor vehicle may Include a motor vehicle as to which the bodily injury limits are less than your damages. Florida law requires that automobile liability coverage agreements Include Uninsured Motorist coverage at limits equal to the Bodily Injury limits in your coverage agreement unless you select a lower limit offered by the Trust, or reject Uninsured Motorist entirely. Please indicate whether you desire to entirely reject Uninsured Motorist coverage, or, whether you desire this coverage at limits lower than the Bodily Injury Liability limits of your Coverage Agreement: D. 121, I hereby reject Uninsured Motorist coverage. I hereby select the following Uninsured Motorist limits which are lower than my Bodily Injury LIability LImits: each person (enter limit if applicable): $100,000 each accident. D, c. I hereby select Uninsured Motorist coverage limits equal to my Bodily Injury LIability limits. (If you select this option disregard the bold face statement above.) a. b. ELECTION OF NON-STACKED COVERAGE (Do not complete if you have rejected Uninsured Motorist) You have the option to purchase, at a reduced rate, non-stacl<ed (limited) type of Uninsured Motorists coverage. Under this form if injury occurs in a vehicle owned or leased by you or any family member who resides with you, this Coverage Agreement will apply only to the extent of coverage (if any) which applies to that vehicle in this Coverage Agreement. If an injury occurs while occupying someone else's vehicle, or you are struck as a pedestrian, you are entitled to select the highest limits of Uninsured Motorist coverage available on anyone vehicle for which you are a Named Covered Party, covered family member, or covered resident of the Named Covered Party's household. This Coverage Agreement will not apply if you select the coverage available under any other Coverage Agreement issued to you or the Coverage Agreement of any other family member who resides with you. If you do not elect to purchase the non-stacked form, your Coverage Agreement Iimit(s) for each motor vehicle are added together (stacked) for all covered injuries. Thus, your Coverage Agreement limits would automatically change during the Coverage Agreement term if you increase or decrease the number of autos covered under the Coverage Agreement 121. I hereby elect the non-stacked form of UninSUred Motorist coverage. I understand and agree that selection of any of the above options applies to my liability Coverage Agreement and future renewals or replacements of such Coverage Agreement which are issued at the same Bodily Injury Liability limits. If I decide to select another option at some future time, I must let the Trust or my agent know in writing. Signed (Covered Party) Signed PGIT 398 (07 05) Date: (Covered Party) The brtof descrlptlcn 01 covengo conlairled In 1I11s document Is Dtklg PIO'ikIed ISIIIICICOII1modaUon cnly and Is not intOndodlo <mer or describe an Qwerage ~ mm.. For I11lInI! complet. and doIailed Inforrnatlcn .eating to the scope and limits at <Xl\'era9O. pi...... ...~ dIrecUy to lilt ~ A9-.t documents. Specimen forms are ~ upon r8QUtit Page 11 PUBLIC ENTITY SIGNATURE PAGE Covered Party: City of Sunny Isles Beach Agreement Number: Coverage Period: PK2FL1 0132026 O~7 From: 10/0112009 To: 10/0112010 I hearby confirm that limits/coverages as shown hereunder, corresponding with the Coverage Agreement, are correct: o Property TIV o Inland Marine $26,820,600 Buildings & Contents Combined o ~ Not Included Communication Equipment $174,019 Contractor's I Mobile Equipment $600,000 Electronic Data Processing Equipment Not Included Emergency Services Portable Equipment $370,637 Fine Arts $754,000 Other Inland Marine $50,000 Rented, Borrowed, Leased Equipment $1,000,000 Valuable Papers $219,400 Watercraft I reject property TRIA (Terrorism Risk Insurance Act) coverage Automobile 124 # of Units - Auto Liability 124 # of Units - Comprehensive 124 # of Units. Collision o ~ I hereby confirm that I have received a copy of PGIT's Current Interlocal Agreement (effective October 1 , 2004) I confirm havIng read and agreed to the terms as laid out in the attached PGIT Participation Agreement (which also requires a signature) Please remember that a signed copy of the following are also required: · First Page of PGIT application · Uninsured Motorist Rejection / Election form, if applicable · Professional Liability (POL / EPLI or ELL / EPLI) application, if applicable. Signature TIUe Date Name Please note: Failure to return this signature page could result in cancellation of coverage. The b"1of deso1paon of ~ contIlneclln this docunonlls being powlded as an KCOIIlIPIOCIatI only end is nollntenCled II) COYtr Of deJo1be 81' CDver.I9t Ag/oemont Ie"".. Fer """ a:mplell! .nd detailed lnIormalian reIilUng to lite scope and IIrnlts rI aMnge, Pea'" rd'er cI1ect1y to lite CoYer.ge Agree/llellt ctxumerb. Spl!dmen ronns are available upon reQueSt Page 12 Preview Page 1 of2 City of Sunny Isles Beach 18070 Collins Avenue Sunny Isles Beach, Florida 33160 (305) 947-0606 City Hall (305) 949-3113 Fax MEMORANDUM TO: The Honorable Mayor and City Commission FROM: Doug Haag, Assistant City Manager - Finance DATE: 9/17/2009 RE: Renewal of Property, Casualty and Auto Insurance Policies RECOMMENDATION: Approve the attached resolution to renew the City's property, casualty and auto insurance with the Preferred Government Insurance Trust (PGIT) for the policy period of October l, 2009 - September 30, 20 lOin the amount of $494, 188. REASONS: The City currently has Commercial Insurance Package (Property, Casualty, Auto) insurance through the Preferred Governmental Insurance Trust (PGIT) which is a premier insurance organization for public entities and is a non-assessable Trust approved by the Florida State Legislature. PGIT submitted a proposal to the City for two 12 month periods which in effect locks in our premium for the next two years. However, it is conditional upon PGIT's property reinsurance premiums remaining the same as well. There is also a substantial penalty (60 days premiumO for early cancellation. For that reason, we are recommending staying with the one year renewal period. The renewal premium is $494,188. Currently the City is paying $619,012 for a 15 month policy which when adjusted for 12 months equates to $495,210. And prior to that, the City paid $584,143 for the period 10/1/07 - 9/30/08. Prior to that year, we made some adjustments in coverages and the overall premium since then has decreased by 15% . The City also requested a proposal from the Florida Municipal Insurance Trust (FMIT). However, they were only able to provide us a quote for the liability coverage and not the property coverage, resulting in an incomplete proposal. We cannot accept a proposal under these conditions because PGIT will not provide just liability coverage. ADDITIONAL INFORMATION: Agenda Item ~ Date 9-\l-OQ http://sibagenda.sibfl.net/agenda/Preview.aspx?I temID=77 &MeetingII Preview Page 2 of2 The PGIT board of trustees has elected to purchase an extremely conservative excess of loss insurance structure which provides PGIT members several levels of protection that reinsurance does not. PGIT's excess of loss policies list every individual member a named insured,. giving every member direct access to the insurance company for payment of claims. Public Risk Underwriters (PRU), which is a premier insurance service organization for public entities and is part of Brown & Brown, is the underwriting group that tailors customized insurance services and products for the City. The City has had a Commercial Package Policy (Property, Casualty, Auto) and Workers Compensation insurance coverage with PGIT since October 1,2003. Previous to this date, from July 1, 2001 through October 1, 2003, insurance coverage was split between First Specialty Insurance for Property and Coregis Insurance for General Liability coverage and with the Florida League of Cities for Workers Compensation. FUNDING SOURCE: Funding will be provided in the FY 2009/1 0 budget. ATTACHMENTS: . Resolution . Proposal Documents http://sibagenda.sibfl.net/agenda/Preview .aspx?I temID=77 &MeetingID=O&MeetingDate=... 9/1012009