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<br />City of Santa Ana <br />DIC - $2.5M Part of $10M <br />Carrier Information Proposed <br />Policy Term 7/1/2025 - 7/1/2026 <br />Carrier Palms Insurance Company, Limited <br />A.M. Best Rating <br />Admitted/Non-Admitted <br />Payment Plan <br />Payment Method <br />A IX <br />Non-Admitted <br />Payments Terms: 30 Days from Date of Inception <br />Agency Bill <br />Premium & Exposures <br />Premium <br />Proposed <br />$169,549.00 <br />$5,131.47 <br />$307.89 <br />Surplus Lines Tax <br />Stamping Office Fee <br />Carrier Fees - Carrier Policy Fee / Modeling Fee $1,500.00 <br />Exposure / TIV <br />Rate <br />$777,575,468 <br />0.0218 <br />TRIA $87,470.84 <br />Minimum Type <br />Minimum Amount / Description <br />Estimated Cost <br />Minimum Earned Premium <br />35 % <br />$176,488.36 <br />Standard Coverages Proposed <br />25.00% being $2,500,000 Per Occurrence and Annual Aggregate as <br />respects Earth Movement and Flood Part of $10,000,000 Excess of <br />Underlying Deductibles <br />Limit of Liability <br />Additional Coverages Proposed <br />Sub-limits As Per Sompo Quote Dated 4/28/2025 <br />Deductibles/SIR Proposed <br />Deductible: Deductibles As Per Sompo Quote Dated 4/28/2025 <br />Valuations Proposed <br />Other As Per Sompo Quote Dated 4/28/2025 <br />Coinsurance Proposed <br />Coinsurance As Per Sompo Quote Dated 4/28/2025 <br />Endorsements (including but not limited to) <br />California Surplus Lines Notice - CA SL Notice <br />Spectrum Declaration Page - Spectrum Dec 08 22 <br />Schedule Of Forms And Endorsements - Spectrum Forms 08 22 <br />Policy Endorsement Page - Change End Page <br />Spectrum Participation Follow Form Endorsement - Spectrum PFF <br />Spectrum Service Of Suit Clause - Spectrum SOS 08 21 <br />21 <br />  <br />  <br />City Council 15 – 25 8/5/2025