Exhibit_W-Ambridge_Partners_LLC_-_SIR_Package_Application-Coverage_Summary.pdf
PDF 83 KB Posted
- Attached to
- Excess Liability Insurance
- Solicitation number
- 2024-316
- Issued by
- Collin County, Texas
About this file
This document is a Coverage Summary for Collin County Government and the Texas Association of Counties, prepared by Ambridge Partners LLC for an excess liability insurance contract. The coverage summary details property and crime insurance specifications, with a total property coverage of $666,308,708 and various deductible structures. Key coverage areas include property insurance with $0 deductible per occurrence, property flood coverage of $10,000,000 with a $0 deductible, property named wind and earthquake coverage, and employee dishonesty crime coverage of $250,000 with a $0 deductible per occurrence.
The insurance package includes specialized deductibles, such as a $50,000 deductible for convection storms within the property total covered value. Most liability categories are marked as "N/A", indicating they are not applicable or separately covered. The document is part of a broader request for excess liability insurance proposals, with the county seeking coverage options at different self-insured retention (SIR) levels, including $3,000,000 coverage with SIRs of $1,000,000 and $2,000,000, and $5,000,000 coverage with similar SIR structures. The contract is anticipated to be a three-year term with potential two-year extension options, covering various liability domains including commercial crime, professional liability, employment practices, and law enforcement liability.
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Text version
COVERAGE SUMMARY
Assured Address Line 1 Address Line 2 State Texas Zip Code 75071
Inception/Expiry
Claims TPA
COVERAGES & LIMITS Annual Maintenance Limit $ SIR $ Aggregate $ Deductibles $ Retroactive Date Expring Carrier Expring Premium
Property $666,308,708 total covered va000 deductible per occurrence Property Flood 10,000,000 000 deductible per occurrence Property Named Wind Property Earthquake 15,000 deductible per occurre 10,000,000 Auto Physical Damage N/A General Liability N/A Law Enforcement Activities Liability N/A Auto Liability N/A
E&O/EPL N/A
Sexual Harassment N/A Sexual Abuse N/A Employee Benefits Liability N/A Workers Compensation and Employer's Liability N/A Crime - Employee Dishonesty 250,000 00 deductible per occurrence Crime - Forgery & Alteration Crime - Money & Securities Student Practices Liability N/A Standalone Terrorism Property N/A Standalone Terrorism Liability N/A Standalone Terrorism Workers Compensation N/A
Loss Fund / Excess Aggregate Protection
Description of any Special Deductibles e.g. Wind Site Deductible:
Additional Coverage Requests:
Collin County Government 2300 Bloomindalte Road Suite 4117 McKinney
Texas Association of Counties
Convection storm - Within property total covered value $50,000 deductible per occurrence
ADDITIONAL COVERAGE AND SUBLIMITS REQUESTED
From Ground Up Sublimit $ General Liability
Premises Medical Payments: Per Person Ground Up Per Occurrence Ground Up
Auto Liability
Automobile Medical Payments: Per Person Ground Up Per Occurrence Ground Up
Uninsured Motorists / Underinsured Motorists: Per Person Ground Up Per Occurrence Ground Up Property Damage Ground Up
No Fault Insurance: Per Occurrence Ground Up
Failure to Supply Water & Sewage:
Annual
Limit $ Aggregate $ Defense Cost Addition to the Limit:
Annual Limit $ SIR $ Aggregate $
Nursing Home Liability:
Loss Corridor:
Which Lines of Coverage would you like the Loss Corridor to apply?
File details come from the government source that posted it. Updated .