HomeMy WebLinkAboutContracts & Agreements_211-2014_CCv0001.pdf Intem4ncarti iniallHUB International Insurance Services Inc.
Internati nal
470 F.Highland Ave.,Redlands,CA 92373-0007
Tel(909)793.2373 •Uc.No.0757776
October 15, 2014
City of Redlands
P.O. Sox 3005
Redlands, CA 92373
Re: Renewal of City's Vehicle Physical Damage Insurance
Dear Sirs;
We are pleased to present the renewal quotation from Lexington Insurance
Company for the City's Vehicle Physical Damage Insurance. Terms are $5,160
premium and fees for$3,567,698 per any one occurrence as sublimited subject
to $25,000 comprehensive deductible and $25,000 collision deductible. Hub
International Insurance Services Inc is hereby authorized to bind and renew
coverage.
Sincerely,
Peter M. Davis
-
-Vice President-Commercial-Marketing--
Authorization:
Ll
Name &Title
Pete Aguilar, Mayor
It/141
Date
ATTEST.
SA-v lr , City Clerk
i
LEXINGTON INSURANCE COMPANY
Administrative Offices:100 Summer Street,Boston,Massachusetts 02110.2103
(hereinafter called the Company]
COMMERCIAL PROPERTY POLICY
DECLARATIONS
POLICY NUMBER: 020413241 RENEWAL OF: NEW
ITEM 1. Named Insured: CITY OF REDLANDS
Address: 35 CAJON ST
REDLANDS, CA 92373
Premium $5,000.00
ITEM 2. Policy Period: Policy Fee$0.00
From 11/0112013 To 11/0112014 Broker Fee$0.00
at 12:01 A.M.Standard Time at the address of the named insured shown above. Inspection Fee$0.00
State Tax$150.00
ITEM 3. Limit of Insurance: Stamp Fee$10.00
$3,567,698 PRIMARY PER OCCURRENCE Total$5,160.00
REFER TO POLICY FORMS FOR SUBLI M I TS CA SL Lic.#0592033
Total Premium $5,000 Minimum Earned Premium $1 ,250
ITEM 4. Perils:
VEHICLE PHYSICAL DAMAGE
ITEM 5. Description of Property Covered: Coinsurance
REFER TO VEHICLE PHYSICAL DAMAGE SUPPLEMENTAL DECLARATIONS
AND AS FURTHER DESCRIBED IN THE APPROVED POLICY FORMS.
ITEM 6. Mortgagee Clause:Loss, if any shall be payable to:
ITEM 7. Forms Attached:
See attached forms schedule
91.7/4
PRPDEC (Ed.01/91) Authorized Representative OR
LX1119 Countersignature lln states where applicable)
FORMS SCHEDULE
Named Insured: CITY OF REDLANDS
Policy No: 020413241 Effective Date: 11/01/2013
Form Number Edition Date Endorsement Number Tlde
PRPDEC 01191 PROPERTY DEC
PR9015 08/06 POLLUTION CONTAMINATION FORM
PR9014 08/06 OCCURRENCE LIMIT OF LIABILITY
PR9019 01/94 STANDARD PROPERTY CONDITIONS
PR4225 07/13 ECONOMIC SANCTIONS ENDORSEMENT
Y69859 02/98 PROPERTY MILLENNIUM END
LX1103 01/03 CA SURPLUS LINES ENDORSEMENT
LX9512 08/02 MOLD/FUNGUS EXCLUSION
PR9514 09/02 PROPERTY ENDORSEMENT
96554 04/08 TERRORISM EXCL CERT & NON-CERT
NMA2918 06101 WAR AND TERRORISM EXCLUSION
PR8172 05/07 VEHICLE PHYS DAMAGE SUPP DEC
PR8173 05/07 VEHICLE PHYSICAL DAMAGE TEXT
A AMENDMENTS TO PR8173
D-2 07/11 SLA D-2 NOTICE
D000181Ed.12167;
LX0295