Attachment_B-Excess_Liability_Pricing_7.10.xlsx

This file is an Excess Liability Insurance Pricing Attachment for Collin County, Texas, seeking proposals for excess general liability insurance coverage. The county is soliciting a three-year contract with options to extend for two additional one-year periods, commencing upon award and final execution. Collin County, currently self-insured as of October 1, 2022, is requesting proposals for excess liability coverage across multiple areas including Commercial Crime, Professional Liability, Public Officials Errors & Omissions, Employment Practices, Employee Benefits Administration, Law Enforcement Liability, and Pollution coverage.

The pricing attachment details four primary coverage options with varying liability limits and self-insured retention (SIR) levels: $3,000,000 coverage with $1,000,000 SIR, $3,000,000 coverage with $2,000,000 SIR, $5,000,000 coverage with $1,000,000 SIR, and $5,000,000 coverage with $2,000,000 SIR. The document provides a template for vendors to quote annual premiums, including additional fees such as TRIA (Terrorism Risk Insurance Act), commissions, setup fees, termination fees, and other potential charges. Vendors are also asked to specify potential rate guarantees for the contract period from 2024 to 2028 and provide information about any pricing discounts or penalties.