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<br />City of Santa Ana
<br />Excess DIC - $10M Excess $15M
<br />Carrier Information Proposed
<br />Policy Term 7/1/2025 - 7/1/2026
<br />Carrier / A.M. Best Rating / Admitted/Non-
<br />Admitted Palomar Excess and Surplus Insurance Company (A X, Non-Admitted)
<br />Princeton Excess & Surplus Lines Ins Co (A+ XV , Non-Admitted)
<br />Payment Plan In Full
<br />Payment Method Agency Bill
<br />Premium & Exposures
<br />Premium
<br />Proposed
<br />$310,080.00
<br />$9,320.40Surplus Lines Tax
<br />Stamping Office Fee
<br />- Catastrophe Analysis Fee - Fully Earned
<br />Exposure / TIV
<br />$559.22
<br />$600.00
<br />$777,575,467
<br />0.0399Rate
<br />TRIA $159,970.28
<br />Minimum Earned Premium
<br />25 %
<br />Minimum Type
<br />Minimum Amount / Description
<br />Estimated Cost $320,559.62
<br />Standard Coverages Proposed
<br />Palomar Excess and Surplus Insurance
<br />Company $7,500,000
<br />Princeton Excess & Surplus Lines Insurance
<br />Company $2,500,000
<br />Layer 1 - Limits Apply Per Occurrence and in
<br />the Aggregate for the Following: Earth-
<br />Movement
<br />$10,000,000 (100.00%) part of $10,000,000 excess of $15,000,000
<br />Additional Coverages
<br />Building Ordinance Coverage A
<br />ICC/Demo: Sub-limit
<br />Proposed
<br />Included.
<br />$10,000,000*
<br />The following program sub-limits is covered in
<br />the primary layer and is allowed to erode
<br />primary aggregate:
<br />Extra Expense, part of and not in addition to the
<br />above business interruption limit(s)$2,500,000
<br />Optional Coverages Proposed
<br />$5,000,000 Part of $5,000,000 Excess of
<br />$25,000,000
<br />Option 1 : $90,000 (Premium) + $900 (Carrier Fee) + $2,727 (CA Surplus
<br />Lines Tax) + $163.62 (CA Stamping Fee) = $93,790.62
<br />$10,000,000 Part of $10,000,000 Excess of
<br />$25,000,000
<br />Option 2 : $90,000 (Premium) + $900 (Carrier Fee) + $2,727 (CA Surplus
<br />Lines Tax) + $163.62 (CA Stamping Fee) = $93,790.62
<br />$15,000,000 Part of $15,000,000 Excess of
<br />$25,000,000
<br />Option 3 : $245,000 (Premium) + $900 (Carrier Fee) + $7,377 (CA
<br />Surplus Lines Tax) + $442.62 (CA Stamping Fee) = $253,719.62
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<br />City Council 15 – 31 8/5/2025
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