Exhibit 3- Package Quote SummaryTitus Indistrual
Insurance Premium Comparison
Renewal: 2/9/20-2/9/21
Packaged Casualty
General Liability Incl. in Pkg Prem.Incl. in Pkg Prem.68,882
Auto Liability Incl. in Pkg Prem.Incl. in Pkg Prem.72,898
Public Officials Liability Incl. in Pkg Prem.Incl. in Pkg Prem.55,909
Law Enforcement Liability Incl. in Pkg Prem.Incl. in Pkg Prem.77,101
Excess Liability Incl. in Pkg Prem.Incl. in Pkg Prem.60,168
Premium:237,897 320,398 35%334,958
Taxes and Fees*:Incl Incl 6,551
Total:237,897 320,398 35%341,509 44%
Option - Auto Physical Damage Excluded Excluded 137,068
Optional Terrorism:Excluded Excluded 2,425
Average Rate:152 152 0%159 5%
Employees:1,560 2,101 35%2,101 35%
Fleet Count:909 840 -8%840 -8%
Operating Expenditures:575,031,756 -100%-100%
Revenue:589,907,427 -100%-100%
Limits:
Automobile Liability:5,000,000 5,000,000 5,000,000
General Liability:5,000,000 5,000,000 5,000,000
Employee Benefits Liability:Incl with GL Incl with GL Incl with GL
Law Enforcement Liability:5,000,000 5,000,000 5,000,000
Public Officials Liability:5,000,000 5,000,000 5,000,000
Employment Practices Liability:5,000,000 5,000,000 Incl with Public Officials
SIR 500,000 500,000 500,000
Workers Compensation
Premium:217,750 212,754 -2%183,573 -16%
Taxes and Fees:incl incl incl
Total:217,750 212,754 -2%183,573 -16%
Minimum Premium:195,975 191,478 183,573
Payrolls 122,399,998 119,591,472 -2%119,591,473 -2%
Avg. Rate Per $100 Payroll:0.178 0.178 0%0.154 -14%
SIR:1,000,000 1,000,000 1,000,000
Total Program $455,647 $533,152 $525,082
* Surplus lines taxes and fees are estimated
(1) MEC provided renewal terms with a $1M SIR for a total premium of $209,046. Additional option with $1.5M SIR for total premium of
$192,064 (savings of $16,982)
(2) Coverage Enhancements
SAM is covered to policy limit, previous limit was $1M
Failure to Supply sublimit increased from $1M to $2M
(3) Auto Physical Damage
Comp/Collision: $50k deductible for units valued at $100k-$599,999. $100k deductible for units valued $600k and greater
(4) EPL Limit included with Public Officials liability with Safety National
12/31/2021-22 Option 1
Safety National
Safety National
12/31/2020-21
Bound ProgramProperty and Casualty
MEC
Trident/Argo
12/31/2021-22 Expiring
Rates
X New Exposures
TBD
MEC
S:\Materials Management\Shared\January 25 - Retro PUB\7902 Excess WC, Package GL & Auto Physical Damage Coverage\Exhibit 3- Package Quote Summary
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