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Kr;'V STRUM • PRE SIO ENT Ken Strum Insurance Agency, Inc. 719 5. EIGHT ~ PHONE 471_2111 • P.O. BOX 1454 LA PORTE, TEXAS 77571 March 16, 1982 Jack Owen, City Manager City of La Porte ' P. 0. Box 1115 La Porte, TX 77571 ' Dear Jack: The following is a comparison and breakdown of your General Liability and Automobile coverage. Your present policy provides coverage for limits of $300,000 Bodily Injury and $50,000 Property Damage for Owners', Landlords' and Tenants' Liability and $100/300,000 Bodily Injury and $100,000 Property Damage for Auto Liability. Cost for • General ] 1. 2. 3. 4. S. 6. 7. 8. all licensed vehicles $44,000. ~iability on the following locations: 2,800. 128 S. Second - Fire Station 618 San Jacinto - Civic Center. 526 San Jacinto - Library . City~Service Center Shimming Pool ~ Tennis Courts - San Jacinto and G~ 911-915 S. 8th Street - Police Building . 1508 Lomax School Road - Civic Center, Warehouse, Fire Station, Park 3450 Farrington - Recreation Center. To provide ~e~e full coverage for Public Liability on all properties owned by the City of La Porte; which include streets, roads, sidehalks, alleys, treatment plants, street and road • construction, sanitation dept., sewer dept., and all other operation of the City; the cost would be $38,000 for the under- lying General Liability Coverage. • To write an Umbrella policy with a limit of $1 million, the cost would be approximately $12,000. The City could save approximately $5800 on these coverages by requiring contractors doing work for the City to provide them •~• with an Owners' Protective policy. These figures are estimated and are based on the present exposures. • ~~'e do however feel that these are true and adequate figures for ~" ;~~. -_ Select an~" ;L