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Home My WebLink AboutExhibit 2 - QuotesPolicy Number: TBD Public Entity Excess Retained Limit Liability Insurance Proposal Safety National Casualty Corporation Proposal for: CITY OF DENTON 215 E. MCKINNEY DENTON, TX 76201 Policy Effective Date 10/01/2026 Policy Expiration Date 10/01/2027 Public Entity Excess Retained Limit Liability Insurance Proposal We are pleased to present the following proposal for your consideration and review. This proposal is valid until the effective date indicated in this proposal. Issue Date: 8/10/2026 Attention: SAMUEL BONSER Producer and Mailing Address: LOCKTON COMPANIES LLC 2601 Victory Avenue, Suite 1500 Dallas, TX 75219 From: Codi Bolding Issuing Company: Safety National Casualty Corporation 1832 Schuetz Road St. Louis, MO 63146 (888) 995-5300 Named Insured and Mailing Address: CITY OF DENTON 215 E. MCKINNEY DENTON, TX 76201 Policy Period: 10/01/2026 10/01/2027 12:01 A.M. Standard Time at your mailing address shown above Annual Premium: $ 486,513 Terrorism (additional): $ 1,485 TX Auto Surcharge: $ 4,395 $ 492,393 Commission: Net Indicated premiums are based on all quoted Coverage Parts being bound according to the terms and conditions included within this proposal. Any taxes, surcharges, assessments and other program costs are included within the premium offered by Safety National Casualty Corporation. Please refer to the terms and conditions, as detailed within this proposal, to identify the specific program component costs associated with each of these items. Safety National may consider providing revised or additional quote options subject to further underwriting review and approval. This proposal is valid until the effective date indicated in this proposal. SUBJECTIVITIES • Receipt of signed terrorism form prior to binding. Public Entity Excess Retained Limit Liability Insurance Proposal GENERAL CONTINGENCIES AND COMMENTS A.M. Best Rating A++ XV MAP Client Services® The attached MAP Client Services® brochure(s) describe the value of the online resources provided to Safety National policyholders. City of Denton has $15,000 of Risk Control Funds to utilize during this policy period. Coverage Contingencies The casualty program is contingent upon also binding the Excess Workers’ Compensation program with Safety National. Premiums quoted are based on all coverages offered within this proposal by Safety National and written by Safety National Casualty Corporation. Installments/Payment Schedule All lines are on an ANNUAL PAYMENT. Premiums due within 30 days of binding. Claims Administration CITY OF DENTON, TX will be the Third Party Administrator. TPA fees are NOT included within the premium or costs of the quoted Safety National program. Claims must be handled either by a licensed TPA or Self-Administered by experienced claim handlers. Safety National must approve, in writing, the Claims Administration for all Coverage Parts prior to binding. Annual Audits Not auditable. Coverages and Form Unless otherwise noted, all references in this proposal to policy coverage parts and forms, depicts the product offering of Safety National. These may deviate from the coverage requests or wording contained within the Producer Specifications or other portions of the account submission. Any deviations from this proposal must be approved and authorized by Safety National, in writing. For additional information on the products and services proudly provided by Safety National, please visit our website: www.safetynational.com COVERAGE HIGHLIGHTS • Admitted Paper • Defense costs inside the Retained Limit and outside the Limits of Indemnity • Pay on behalf insurance form • Who Is An Insured section tailored to exposures typical to public entities • Blanket additional insured where required by written contract available under the General Liability and Automobile Liability Coverage Parts • Expanded pollution coverage for standard public exposures (hostile fire, sewer backup, water treatment operations, street and road maintenance, weed abatement or spraying, mace, tear gas or pepper spray used in law enforcement activities) • Expanded coverage for incidental medical exposures typical to public entities Public Entity Excess Retained Limit Liability Insurance Proposal SELF-INSURED RETAINED LIMIT General Liability $ 500,000 Each occurrence Automobile Liability $ 500,000 Each occurrence Law Enforcement Liability $ 500,000 Each occurrence Public Officials and Employment Practices Liability $ 500,000 Each wrongful act Educators Legal Liability and Employment Practices Liability Not Covered Each wrongful act LIMITS OF INDEMNITY General Liability $ 5,000,000 Each occurrence $ 500,000 Damage To Premises Rented To You, any one premises $ 5,000,000 General Liability Aggregate $ 5,000,000 Products-Completed Operations Aggregate Employee Benefits Liability $ 5,000,000 Each employee $ 5,000,000 Employee Benefits Annual Aggregate Retroactive Date: 12/31/2021 Automobile Liability $ 5,000,000 Each occurrence Law Enforcement Liability $ 5,000,000 Each occurrence $ 5,000,000 Law Enforcement Liability Aggregate Public Officials and Employment Practices Liability (Occurrence) $ 5,000,000 Each wrongful act $ 5,000,000 Public Officials and Employment Practices Liability Aggregate Educators Legal Liability and Employment Practices Liability Not Covered Each wrongful act Not Covered Educators Legal Liability and Employment Practices Liability Aggregate Public Entity Excess Retained Limit Liability Insurance Proposal SCHEDULE OF FORMS AND ENDORSEMENTS Form/Endorsement Number Form/Endorsement Name IL 10 06 12 08 Schedule Of Forms And Endorsements IL N 001 09 03 Fraud Statement IL P 001 01 04 U.S. Treasury Department's Office Of Foreign Assets Control ("OFAC") Advisory Notice To Policyholders PN 99 02 02 09 Privacy Statement CP 99 03 05 19 Commercial Policy Cover PE 10 00 01 22 Public Entity Excess Retained Limits Liability Insurance Policy Declarations SNIL PN 001 42 0723 Texas - Important Notice PEERLL 00 00 12 22 Public Entity Excess Retained Limits Liability Insurance Policy PE 034 00 12 24 Exclusion - Perfluoroalkyl And Polyfluoroalkyl Substances (PFAS) PE 030 00 01 22 Cap On Losses From Certified Acts Of Terrorism (If Accepted) PE 031 00 01 22 Disclosure Pursuant To Terrorism Risk Insurance Act (If Accepted) PE 032 00 01 22 Exclusion Of Certified Acts Of Terrorism (If Rejected) PE 020 00 01 22 Scheduled Dams: Hickory Creek WS SCS Site 16 TX04688 Hickory Creek WS SCS Site 17A TX04689 PE 001 00 12 22 Additional Insured - Scheduled Contracts: (GL & AL Coverage Parts) White’s Welding LLC, and Its Subsidiaries and Affiliates PO Box 1761 Woodward, OK 73802 • Per Written Contract; Contract Date: 12/31/24 Kirby-Smith Machinery, Inc. P.O. Box 270300 Oklahoma City, OK 73137 • Per lease agreement for 2018 Komatsu PC240LC-11LF. SN: A22210 • Contract Date: As per written contract PE 001 00 12 22 Additional Insured - Scheduled Contracts: (GL Coverage Parts) Holt Texas, LTD. Attn: Machine Division Sales 3302 South W.W. White Rd San Antonio, TX 78222 • As per Written Contract; Contract Date: 8/1/25 PE 013 00 02 22 Employee Benefits Liability Coverage: SIR $500,000 PEM-GL 029 0323 Exclusion Failure To Supply Sublimit (applies to GL): $2,000,000 occurrence / $4,000,000 Aggregate PE 018 00 01 22 Primary And Noncontributory - Other Insurance Condition: (GL & AL Coverage Parts) White’s Welding LLC, and Its Subsidiaries and Affiliates PO Box 1761 Woodward, OK 73802 Itasca Landfill 2559 FM 66 Itasca, TX 76055 PE 017 00 01 22 Special Notice Of Cancellation Service Provided To Specified Individual(s) or Entity(ies): (GL & AL Coverage Parts) Itasca Landfill 2559 FM 66 Public Entity Excess Retained Limit Liability Insurance Proposal Itasca, TX 76055 • 30 Days The Kansas City Southern Railway Company and its Affiliates 427 W. 12th St. Kansas City, MO 64105 • 30 days except 10 days notice for non-payment of premium where allowed by state law White’s Welding LLC, and Its Subsidiaries and Affiliates PO Box 1761 Woodward, OK 73802 • 90 days except 10 days notice for non-payment of premium where allowed by state law PE 029 00 01 22 Waiver Of Subrogation: (GL & AL Coverage Parts): Itasca Landfill 2559 FM 66 Itasca, TX 76055 The Kansas City Southern Railway Company and its Affiliates 427 W. 12th St. Kansas City, MO 64105 PE 029 00 01 22 Waiver Of Subrogation: (GL Coverage Parts) Holt Texas, LTD. Attn: Machine Division Sales 3302 South W.W. White Rd San Antonio, TX 78222 POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE (Excess Liability) You are hereby notified that under the Terrorism Risk Insurance Act of 2002, as amended, extended, and/or re-authorized, you have a right to purchase insurance coverage for losses resulting from acts of terrorism, as defined in Section 102(1) of the Act: The term “act of terrorism” means any act that is certified by the Secretary of the Treasury – in concurrence with the Secretary of State and the Attorney General of the United States – to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property, or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of certain air carriers or vessels or the premises of a United States mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion. YOU SHOULD KNOW THAT WHERE COVERAGE IS PROVIDED BY THIS POLICY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM, SUCH LOSSES MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER, YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE, SUCH AS AN EXCLUSION FOR NUCLEAR EVENTS. UNDER THE FORMULA, THE UNITED STATES GOVERNMENT GENERALLY REIMBURSES 80% OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE. THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS THAT MAY BE COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT. YOU SHOULD ALSO KNOW THAT THE TERRORISM RISK INSURANCE ACT, AS AMENDED, CONTAINS A $100 BILLION CAP THAT LIMITS U.S. GOVERNMENT REIMBURSEMENT, AS WELL AS INSURERS’ LIABILITY, FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM. IF THE AGGREGATE INSURED LOSS FOR ALL INSURERS EXCEEDS $100 BILLION IN A CALENDAR YEAR, YOUR COVERAGE MAY THUS BE REDUCED. Acceptance or Rejection of Terrorism Insurance Coverage with regard to Excess Liability I hereby elect to purchase terrorism coverage for a prospective premium of $ 1,485. I hereby decline to purchase terrorism coverage for certified acts of terrorism. I understand that I will have no coverage for losses resulting from certified acts of terrorism. Safety National Casualty Corporation® Applicant’s Signature Insurance Company CITY OF DENTON Insured Name Date Signed Commercial Automobile Physical Damage Insurance Proposal for City of Denton Policy Effective Date 10/1/2026 Policy Expiration Date 10/1/2027 2 Date: 8/5/2026 To: Lockton Companies LLC Attention: Sam Bonser From: Codi Bolding Named Insured: City of Denton We are pleased to present the following proposal for your consideration and review. This proposal is valid until the effective date indicated in this proposal. Line of Coverage Premium and Surcharges General Liability Coverage Not Covered Commercial Automobile Liability Coverage Not Covered Commercial Automobile Physical Damage Coverage $329,041 Public Officials Liability Coverage Not Covered Law Enforcement Liability Coverage Not Covered Excess Liability Coverage Not Covered Total $329,041 Indicated premiums are based on all quoted lines of coverage within this proposal, within the Public Entity Excess Retained Limits Liability proposal and within the Excess Workers’ Compensation proposal, being bound according to the terms and conditions included within Safety National’s proposals. Any program costs are included within the premium shown above. Premiums are fully earned when bound. Safety National® may consider providing revised or additional quote options for individual lines of coverage subject to further underwriting review and approval. Unless otherwise noted, all references in this proposal to policy coverage parts and forms, depicts the product offering of Safety National. These may deviate from the coverage requests or wording contained within the Producer Specifications or other portions of the account submission. Any deviations from this proposal must be approved and authorized by Safety National, in writing. For additional information on the products and services proudly provided by Safety National, please visit our website: www.safetynational.com. 3 General Contingencies and Comments Commission This proposal is net of commission. Risk Control Services All Safety National Clients have access to MAP, our online Safety and Risk Control resource. Coverage Contingencies The coverage and premiums quoted within this proposal and within the Public Entity Excess Retained Limits Liability program are contingent upon also binding the Excess Workers’ Compensation program offered by Safety National, and being written by Safety National Casualty Corporation. Installments/Payment Schedule All lines are on an Annual Pay Plan. Premiums due within 30 days of binding. Premiums are fully earned when bound. Claims Administration Claims are handled by City of Denton. TPA Fees TPA fees are NOT included within the premium or costs of the quoted Safety National program, unless otherwise noted herein. Annual Audits Auto Physical Damage coverage is not auditable. 4 Commercial Automobile Physical Damage Proposal Safety National Casualty Corporation A.M. Best Rating A++ XV Named Insured City of Denton Effective Date 10/1/2026 Expiration Date 10/1/2027 CA Coverage Form (CA 00 01) Symbol Limits of Liability Auto Liability – Any One Accident Not Covered Personal Injury Protection (PIP) Not Covered Property Protection Insurance (Michigan only) Not Covered Auto Medical Payments Not Covered Medical Expense & Income Loss (Virginia only) Not Covered Uninsured/Underinsured Motorist (UM/UIM) Not Covered Physical Damage Coverage Symbol Limits of Liability Comprehensive Coverage 10a, 10b ACV Collision Coverage 10a, 10b ACV Physical Damage Deductibles Amount Comprehensive Coverage 10a: $50,000 deductible for units valued $100,000 - $599,999; 10b: $100,000 deductible for units valued $600,000 and greater Collision Coverage 10a: $50,000 deductible for units valued $100,000 - $599,999; 10b: $100,000 deductible for units valued $600,000 and greater 5 Automobile Physical Damage Coverages / Endorsements Mandatory State Endorsements As required by covered states Amphibious Vehicles CA 23 97 Audio, Visual & Data Electronic Equipment Coverage – Fire, Police & Emergency Vehicles CA 20 02 Auto Physical Damage Deductibles Applies to Fire & Lightning CAM 002 Broad Form Named Insured SNCA 038 Commercial Auto Liability Coverage Form CA 00 01 Covered Auto Designation Symbol 10: 10a: $50,000 deductible for units valued $100,000 - $599,999; 10b: $100,000 deductible for units valued $600,000 and greater CA 99 54 Unintentional Failure to Disclose Material Facts SNCA 028 Unintentional Failure to Provide Notice of Accident or Loss SNCA 030 Waiver of Premium Audit Condition CAM 001 Lessor – Additional Insured and Loss Payee: Blanket: All autos leased under above described contract or agreement White’s Welding LLC, and Its Subsidiaries and Affiliates, PO Box 1761, Woodward, OK 73802 Rush Enterprises, Inc. 555 IH 35 South #234 New Braunfels, TX 78130 Description of Leased Auto: 2025 Peterbilt Model 520 with McNeilus ZR side loader body VIN: 3BPDLK0X2SF696852 CA 20 01 Waiver of Transfer of Rights of Recovery Against Others To Us Rush Enterprises, Inc. 555 IH 35 South #234 New Braunfels, TX 78130 SNCA 027 Special Notice of Cancellation Services Provided To Identified Third Parties SNCA 039