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Agenda Packet_2025-08-05
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Agenda Packet_2025-08-05
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7/30/2025 5:11:00 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
8/5/2025
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<br />City of Santa Ana <br />DIC - $5M Part of $10M <br />Carrier Information Proposed <br />Policy Term 7/1/2025 - 7/1/2026 <br />Carrier Endurance American Specialty Ins Co <br />A.M. Best Rating <br />Admitted/Non-Admitted <br />Payment Plan <br />Payment Method <br />A+ XV <br />Non-Admitted <br />In Full <br />Agency Bill <br />Premium & Exposures <br />Premium <br />Proposed <br />$339,098.00 <br />$10,172.94 <br />$610.38 <br />Surplus Lines Tax <br />Stamping Office Fee <br />Exposure / TIV <br />Rate <br />$777,575,468 <br />0.0436 <br />TRIA $34,988.33 <br />Minimum Earned Premium <br />25 % <br />Minimum Type <br />Minimum Amount / Description <br />Estimated Cost $349,881.32 <br />Standard Coverages Proposed <br />Limit of Liability - Earth Movement and Flood $5,000,000 part of $10,000,000 Per Occurrence and Annual Aggregate <br />Additional Coverages Proposed <br />Extra Expense Extra Expense $2,500,000 <br />Ordinance or Law - Coverage A, B & C <br />Combined Included <br />Deductibles/SIR Proposed <br />Deductible - Flood 2% Per Unit of Insurance Per Occurrence <br />- Subject to $100,000 Minimum <br />5% Per Unit of Insurance Per Occurrence <br />- Subject to $100,000 Minimum <br />Deductible - Flood <br />Deductible - Earth Movement <br />Deductible - Earth Movement <br />Valuations Proposed <br />Replacement Cost <br />Actual Loss Sustained <br />Property <br />Business Income <br />Endorsements (including but not limited to) <br />SN - California - SN 9005 0120 CA <br />Office Of Foreign Assets Control ("Ofac") - PN 0001 0721 <br />Property Declarations - ECP 0001 0616 <br />Forms And Endorsements Schedule - ECP 0101 0508 <br />Disclosure Pursuant To The Terrorism Risk Insurance Act - IL 1214 1220 <br />Cap On Losses From Certified Acts Of Terrorism - IL 1204 0115 <br />18 <br /> <br /> <br />City Council 15 – 22 8/5/2025
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