Laserfiche WebLink
~ ~ <br />• <br />3. Umbrella Liability - $10,000,000 limits. <br /> 4. Property - All Risk coverage, $10,000 limit for Burglary and <br />' Robbery and $50,000 limit for Extra Expense coverage. <br /> 5. Workers' Compensation - Statutory Limits. <br /> fi. Equipment Floater - Blanket basis, all risk coverage. <br /> In reviewing these cost comparisons, it should be kept in mind that <br />' these are all estimates utilizing the exposure data (e.g., payrolls, <br /> building values, etc.} provided in the specifications. In addition, <br /> several of the quotations indicated that dividends will be paid on <br /> certain lines of coverage. Legally, these dividends cannot be guaran- <br />' teed, and they may differ somewhat from the percentages used in the <br /> quotations. However, historical dividend-paying information on the <br /> various companies was requested, which provides an indication of what <br />' will happen in the future. Finally, the Workers' Compensation and <br /> Automobile Liability quote's are based on last year's (1982-83} experi- <br /> ence modifiers, which, of course, will be updated this year. The new <br />' modifiers were not available when the specifications were released. <br /> However, since all proposals used the same modifiers, we believe that <br /> the comparison of these various quotations is-valid and equitable. <br /> <br /> <br /> <br /> <br /> <br /> <br />1 <br />r <br />' Tillin~h~ Rimco <br />