HomeMy WebLinkAboutR89-187211
INSURANCE BIDS
RESOLUTION NO. R89-187
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PLAINVIEW, TEXAS, AWARDING BIDS FOR THE VARIOUS
INSURANCE NEEDS OF THE CITY OF PLAINVIEW.
WHEREAS, the City of Plainview has advertised its various insurance
needs; and
WHEREAS, the bids have been duly tabulated and are hereby attached
and made a permanent part of this Resolution; and
WHEREAS, the City Council is of the opinion that Employers of
Texas Insurance Company submitted the best bid.
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of
Plainview, Texas, that Employers of Texas is hereby awarded the bid
for the insurance needs of the City of Plainview with the total bid
being $295,735.
Passed and Approved this 26th day of September, 1~9.~
E.V. RidlenuDer, mayor
ATTEST:
Carla Reese, City Secretary
APPROVED AS TO CONTENT:
Norman Huggins, ~ Finance
APPROVED AS TO FORM:
David Blackburn, City Attorney
Attachment.
PROPOSAL TO
THE CITY OF PLAINVIEW, TEMAS
INSURANCE BID
NOTES
AGENT E~pl°ye%'s '
LOCATION Lubbock
INSURANCE COMPANY ._.~mploy~Ks
National Casualty
.. Kemper
IH $10,000.00 AGGREGATE DEDUCTIBLE
19,166
'H $ 1,000.00 AGGP~GATE.DEDUCTIBLE
20,922
.RBILITY ONLY 1,000,000
19~852
· ABILITY_ & F.T. & CAC
· ABILITY & F.T. & CAC
~KER BODIES)
32,711
34~010
AL LIABILITY (1,000,000 occurrence)
(2,000,000 aggregate)
136,~42
61.444
6.~36
PMENT FLOATER(.1,106,932)
:KERBODIES)
, 7,6t8
INIANDMARINE (312,036)
A,681
iMENTPOLICY (40,000 Police)
(40,000 Finance)
:RY (5,000,000)
Separate Housing
LIABILITY (1,000,000) C
334
1,454
1,800
13,392
occurrence
PROFESSIO~C&LIABILITY (1,000,000) E 27~846
Ordway-Saunders Mouser
Amarillo Plainview
Reliance Northbrook
Hartford Titan - Not rated
Assigned Assigned
Pool Pool
15,537 t6~941 _
16~776 24,545
17~504 36,720
No Bid No Bid
No Bid 62,218
Assigned Risk Pool Assigned Risk Pool
B 174,396 .174,396
WORKERS COMPENSATION
A. Employers-no deposit/12 equal
installments.
B. Ordway-Saunders
25% Deposit/in monthly installments
interest lost on deposit of $43,599
at 7% = $3,051
PUBLIC OFFICIAL LIABILITY
C. Employers - prior acts included.
(tail coverage included.)
D. Reliance - prior coverage retro-
active to 12/4/87
LAW ENFORCEMENT LIABILITY
E. Employers - coverage is on an
occurrence basis. Coverage
prow[ded for any occurrence which
happened dhring policy period
regardless of when claim is made.
No tail coverage required upon
policy expiration.
F. Reliance - coverage on a claims
45.269 43~57~ made basis. Claims must be made during
policy period. If coverage desired
6.945 ~ ~,489 after policy expires, purchase
of tail coverage required.
2~777 .
162
2,100
7,021.
359
2,200
6,570
27,000
D 9~920 _
claims made
F 16,464
TOTAL 295,735 293,741 326,817