March 3, 2015

Okaloosa County BOCC — March 3, 2015 — Okaloosa County BOCC Premium Comparison 15-16

Okaloosa County BOCC Premium Comparison 15-16 in the March 3, 2015 Okaloosa County BOCC meeting materials. Preserved county-portal original with machine-generated OCR reading text.

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Preserved among the March 3, 2015 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1250). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used January 20, 2015; the meeting date was corrected using the agenda/minutes heading and matching source filename.

Original publication: Okaloosa County BOCC Premium Comparison 15-16
Date: March 3, 2015
Publisher: Okaloosa County Board of County Commissioners
Where to find it: 1
Reference collection: Okaloosa County Board of County Commissioners (IQM2 public portal)

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Okaloosa County BOCC Premium Comparison 15-16 — extracted reading text

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Covered Party: Okaloosa County BOCC Effective Date: 4/1/2015 PUBLIC RISK INSURANCE AGENCY 4/1/2014 - 4/1/2015 4/1/2015 - 4/1/2016 Changes in Exposures LINE OF COVERAGE LIMIT | DEDUCTIBLE/SIR | PREMIUM LIMIT | DEDUCTIBLE/SIR | PREMIUM 2014/2015 | 2015/2016 Property: Amrisc (MacDuff) Buildings & Contents $ 210,863,960 $ 232,183,987 Property Loss Limit $ 100,000,000 | $ 50,000 $ 100,000,000 | $ 50,000 Exposure | $ 21,320,027 Flood $ 25,000,000 | $ 100,000 $ 25,000,000 | $ 100,000 Difference 10.11% Earth Movement $ 25,000,000 | $ 100,000 $ 25,000,000 | $ 100,000 All other Windstorm $ 100,000,000 | $ 100,000 $ 100,000,000 | $ 100,000 Premium | $ (8,373) Named Storm Incl in All Other Wind 5%/$100K min/$5M Max| $ 645,000 Incl in All Other Wind 5%/$100K min/$5M Max| $ 645,000 | Difference -1.26% Accounts Receivable $ 250,000 | $ 100,000 $ 1,000,000 | $ 100,000 14/15 Rate 0.31545 Business Income/Extra Expense $ 2,000,000 | $ 100,000 $ 2,000,000 | $ 100,000 15/16 Rate 0.28288 E&O $ 1,000,000 | $ 100,000 $ 1,000,000 | $ 100,000 Decrease -10.3256% Building Ordinance or Law Included | $ 100,000 Included | $ 100,000 Mobile Equipment $ 5,829,349 | $ 100,000 $ 5,829,349 | $ 100,000 Unscheduled Contractors Equip (<$25k) $ 1,000,000 $ 1,000,000 EDP Included in TIV | 100,000 Included in TIV | 100,000 Fine Arts $ 150,000 | $ 100,000 $ 150,000 | $ 100,000 Fire Dept Service Charge $ 100,000 | $ 100,000 $ 100,000 | $ 100,000 Valuable Papers $ 1,000,000 | $ 100,000 $ 1,000,000 | $ 100,000 Inspection Fee $ 5,300 $ 5,000 Admin Fee $ 35 $ 315 FEMA Fee $ 4 $ 36 CPIC $ 6,450 $ 6,450 FHCF $ 8,385 $ - Sub-Total | $ 665,174 Sub-Total | § 656,801 Terrorism: Lloyd's $ 210,863,960 $ 232,183,987 Terrorism Terrorism $ 5,000,000 | $ 25,000 | § 21,350 | $ 5,000,000 | $ 25,000 | $ 21,350 | Exposure |$ 21,320,027 Admin Fee $ 35 $ 35| Difference 10.11% FEMA Fee $ 4 $ 4 CPIC $ 214 $ 214] Premium |$ (278) FHCF Fees | $ 278 Fees | $ - Difference -1.27% Sub-Total | $ 21,880 Sub-Total | § 21,603 Boiler & Machinery: Travelers / Federal Ins. Co. (Chubb) $ 201,755,851 $ 221,871,673 Boiler & Machinery Breakdown limit $ 100,000,000 | $ 5,000 | $ 10,401 [ $ 100,000,000 | $ 5,000 | $ 10,105 | Exposure |$ 20,115,822 Business Income $ 2,000,000 24 Hours $ 2,000,000 24 Hours Difference 9.97% FIGA $ 94 $ - FHCF $ 135 $ - Premium | $ (525) Sub-Total | § 10,630 Sub-Total | § 10,105 | Difference -4.94% TOTAL PREMIUM $ 697,684 $ 688,509 | Difference -1.32% *ACV Valuation/AOP $250,000 per occurrence for the following location: 302 N Wilson St., Crestview, FL, 207 NE Hospital Drive, Ft. Walton Beach, FL This proposal is intended to give a brief overview. Higher limits may be available. Please refer to coverage forms for complete details regarding definition of terms, exclusions and limitations.

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Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — March 3, 2015 — Okaloosa County BOCC Premium Comparison 15-16.” March 3, 2015. Okaloosa County BOCC Premium Comparison 15-16. Crypt of Echoes evidence ID LED-2026-2a877921688d4cb4922484d79407eedc. http://127.0.0.1:58097/evidence/LED-2026-2a877921688d4cb4922484d79407eedc. Accessed [date].

Catalogue citation: Okaloosa County Board of County Commissioners, Okaloosa County BOCC Premium Comparison 15-16, meeting materials for March 3, 2015. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=4&ID=7676&MeetingID=1250

Preserved county public-record source. Third-party attachments may retain their original rights.

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