2021-22 Declaration Page - Property CoverageDeclarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:1 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
MEMBER COVERED:Costa Mesa Sanitary District
290 Paularino Avenue
Costa Mesa, California 92626
Your District/Agency/City has elected to participate in the risk
financing coverage programs described below as “THE PACKAGE
PROGRAM” and in such other programs as are indicated herein.
These DECLARATIONS together with the Memorandum, the Public
Entity Property Insurance Program Policy attached as Exhibit B, the
terms and conditions of the Sixth Amended and Restated Joint
Powers Agreement and Bylaws, or successor documents thereto,
constitute the entire agreement concerning risk-financing coverage
between the Special District Risk Management Authority and your
District/Agency/City.
Please read the Sixth Amended and Restated Joint Powers
Agreement and Bylaws of the Special District Risk Management
Authority (hereinafter “SDRMA”), or successor documents thereto,
together with the Memorandum of Coverages, hereinafter referred
to as the “Memorandum” and the policies attached as Exhibits, to
ascertain all of your District's/Agency's/City’s rights and obligations
regarding its relationship with the Special District Risk Management
Authority.
COVERAGE PERIOD: July 1, 2021 at 12:01 a.m. to July 1, 2022 12:01 a.m.
COVERAGES & LIMITSSUMMARY:Blanket Buildings and Contents owned by the Member, or for which
the Member is responsible to insure, per occurrence at locations
reported to SDRMA prior to loss, to which this coverage applies.
Except for Mobile/Contractor’s Equipment, replacement cost, if
replaced, but if not replaced within three years after the loss, the loss
will be paid on an actual cash value basis, subject to the terms,
conditions, deductibles and exclusions as provided in the
Memorandum, and subject further to the terms, conditions and
exclusions of the excess policy Exhibits. With respect to
Mobile/Contractor’s Equipment, SDRMA will pay up to the actual
cash value. (Earthquake Sprinkler Leakage Coverage (EQSL), and
Electrical pole, overhead conductor/transformer coverage and
Earthquake or Differences in Conditions (DIC) coverage are provided,
subject to specifically reported values, certain sub-limits, aggregates,
and separate deductibles, and apply only to those Members who
have selected these coverage(s), have paid the applicable additional
contribution, and received the specific endorsement from SDRMA for
these coverage(s)).
Earthquake Shock is not covered per occurrence or in the annual
aggregate.
Declarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:2 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
Upgrade to Green Coverage is not covered.
Communicable Disease are not covered.
Unscheduled Property and/or Locations owned or operated by or
rented or loaned to a Covered Party are not covered.
Please refer to the exclusions as per the terms of the Exhibit B.
NOTE 1: AS RESPECTS TO PROPERTY LOSS COVERAGE, ABOVE: The
coverage for property loss as provided in this part, is furnished by a
combination of coverages under these DECLARATIONS, the
accompanying Memorandum, and the coverage under the policy(ies)
contained in Exhibit B.
COVERAGES & LIMITS:$1,000,000,000 Per Occurrence: All Perils, Coverages and Members
combined, subject to the following per occurrence
and/or aggregate sub-limits as noted.
$ 10,000,000 Flood Limit - Per Occurrence and in the Annual Aggregate (for those Member(s) that purchase this optional dedicated coverage)
$ 10,000,000 Per Occurrence and in the Annual Aggregate for scheduled locations in Flood Zone A, V, and all other 100 year exposures. This Sublimit does not increase the specific flood limit of liability for those Member(s) that purchase this optional dedicated coverage.
COVERAGES & LIMITS
SUMMARY: (continued)
$100,000,000 Combined Business Interruption, Rental Income and Tax Interruption and Tuition Income (and related fees) – except $500,000 per Member subject to maximum of $2,500,000 Per Occurrence, Per Declaration for Business Interruption, Rental Income and Tuition Income combined. Coverage for power generating plants is excluded, unless otherwise specified.
$ 3,000,000 Tax Revenue Interruption – Per Policy Provisions. However, if specific values for such coverage have not been reported as part of the Named Insured’s schedule of values held on file with Alliant Insurance Services, Inc. and SDRMA, this sublimit amount is limited to $1,000,000 Per Occurrence – Per Policy Provisions.
$ 50,000,000 Extra Expense
With respect to Power Generating Facilities, Extra
Expense shall also include any extra expense incurred
resulting from the purchase of electrical power from
any other power source, the coverage provided
hereunder is sub-limited to USD as per Declaration
Declarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:3 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
Page.
However, loss of Bonus Capacity Payments,
performance Guarantee penalties or any other
indirect or remote loss of whatever nature are not
covered.
$ 25,000,000 Automatic Acquisition up to $100,000,000 for Members with total insurable values greater than or equal to $500,000 at time of binding or $10,000,000 Automatic Acquisition for Members with total insurable values less than $500,000,000 at time of binding or a Member’s Policy Limit of Liability if less than $25,000,000 excluding licensed vehicles for which a sublimit of $10,000,000 applies per policy Automatic Acquisition and Reporting Condition. The peril of EQ is excluded for California. If Flood coverage is purchased for all scheduled locations, this extension will extend to include Flood coverage for any location not situated in Flood Zones A or V. Vacant and Unoccupied Buildings are further sub-limited to $10,000,000.
$ 5,000,000 Or 110% of the scheduled values, whichever is
greater, for Scheduled Landscaping, tees, sand traps,
greens and athletic fields and further subject to
$25,000 / 25 gallon maximum per item.
$ 50,000,000 Errors & Omissions
$ 25,000,000 Course of Construction and Additions (including new)
for projects with completed values not exceeding the
sublimit shown. Projects valued greater than
$15,000,000 require underwriting approval and a
premium charge.
$ 500,000 Money & Securities for named perils only as
referenced within the policy, however fraudulent
impersonation fraudulent instruction or similar
events are excluded.
$ 250,000 Accidental Contamination per occurrence and annual
aggregate per member with $500,000 annual
aggregate for all Members. Coverage shall not attach
or become insurance upon any property which at the
time of loss is more specifically described and
covered under any other policy form until the liability
of such other insurance has first been exhausted and
shall then cover only the excess of value of such
property over and above the amount payable under
such other insurance, whether collectible or not.
Declarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:4 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
COVERAGES & LIMITS
SUMMARY: (continued)
$ 50,000,000 Increased Cost of Construction due to the
enforcement of building codes/ordinance or law
(includes All Risk and B & M)
$ 25,000,000 Transit Physical Damage only
$ 25,000,000 Off Premises Services Interruption including Extra
Expense resulting from a covered peril at non-
owned/operated locations
$ 5,000,000 Per Occurrence per Member subject to an Annual
Aggregate of $10,000,000 for Earthquake shock on
Licensed Vehicles, Unlicensed Vehicles, Contractor's
Equipment and Fine Arts for all Insureds/Members in
this declaration combined that do not purchase
Earthquake coverage, and/or where specific values
for such items are not covered for optional dedicated
Earthquake coverage as part of SDRMA’s schedule of
values held on file with SDRMA. For Contractor’s
Equipment Coverage, the Company identified in
Exhibit B will pay up to the actual cash value only, not
replacement cost.
$ 5,000,000 Per Occurrence per Member subject to an Annual
Aggregate of $10,000,000 for Flood on Licensed
Vehicles, Unlicensed Vehicles, Contractor's
Equipment and Fine Arts for all Insureds/Members in
this declaration combined that do not purchase Flood
coverage. For Contractor’s Equipment Coverage, the
Company identified in Exhibit B will pay up to the
actual cash value only, not replacement cost.
$ 3,000,000 Contingent Business Interruption, Contingent Extra
Expense, Contingent Rental Values, and Contingent
Tuition Income separately.
This coverage applies to the Member’s direct
suppliers or direct customers located in the Coverage
Territory.
Coverage does not apply to:
a. Any supplier of electricity, gas, fuel, steam,
water, refrigeration, sewerage service, Cloud
Computing Service or data, voice or video service;
or
b. The Member’s customers, if the Member is a
supplier of electricity, gas, fuel, steam, water,
refrigeration, sewerage service, Cloud Computing
Service or data, voice or video service.
$ 500,000 Jewelry, Furs, Precious Metals and Precious Stones
Declarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:5 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
Separately
$ 1,000,000 Claims Preparation Expenses
$ 50,000,000 Expediting Expenses
$ 1,000,000 Personal Property Outside of the USA
$ 100,000,000 Per Member per occurrence subject to $200,000,000
Annual Aggregate combined as respects Property
Damage, Business Interruption, Rental Income and
Extra Expense Combined for Terrorism (Primary
Layer)
$ 600,000,000 Per Occurrence, Per Member for Terrorism (Excess
Layer)
$ 1,400,000,000 Annual Aggregate shared by all Members combined
as respects Property Damage, Business Interruption,
Rental Income and Extra Expense combined for
Terrorism (Excess Layer)
$ 100,000 Per Occurrence while in Storage and In Transit
coverage subject to $10,000 Deductible for
Unmanned Aircraft as more fully defined in the
Policy. Not Covered while in Flight.
$ 100,000 Per Occurrence with a $1,000,000 Annual Aggregate
per Declaration for Mold/Fungus Resultant Damage
as more fully defined in the policy.
$ 100,000,000 Ingress/Egress Per Occurrence, Per Named Insured for
the actual loss sustained during the period of time
not exceeding 30 days when, as a direct result of
physical loss or damage caused by a covered peril(s)
specified by this Policy and occurring at property
located within a 10 mile radius of covered property,
ingress to or egress from the covered property by this
Policy is prevented.
24 Hour Waiting Period for Ingress/Egress
$ 100,000,000 Interruption By Civil Authority Per Occurrence, Per
Named Insured for the actual loss sustained during
the period of time not exceeding 30 days when, as a
direct result of physical loss or damage caused by a
covered peril(s) specified by this Policy and occurring
at property located within a 10 mile radius of covered
property, access to the covered property is
specifically prohibited by order of a civil authority.
24 Hour Waiting Period for Civil Authority
Declarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:6 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
$ 10,000 000 Electronic Data Processing Media
MEMBER DEDUCTIBLES:For all covered losses except those specific types of losses listed
below or losses due to the perils listed below, a deductible of $1,000
is applicable.
For all covered losses of the types listed below or losses due to the
perils listed below, the deductible set forth in the excess policy(ies)
apply. Such deductible shall be exclusively the obligation of the
Member and SDRMA shall have no obligation to fulfill or otherwise
contribute toward satisfying said deductibles.
Earthquake Shock is not covered.
$ 500,000 Per Occurrence for Flood Zones A & V
$ 500,000 All Flood Zones Per Occurrence excluding Flood
Zones A & V
$ 1,000 Per Occurrence for Specially Trained Animals
$ 10,000 Per Minimum subject to $100,000 Maximum per
Vehicle or Item for Licensed Vehicles, Unlicensed
Vehicles and Contractors Equipment Per Occurrence
and Annual Aggregate and shared by all Members of
this Declaration for the peril of Earthquake for
Members who do not purchase dedicated Earthquake
limits. For Contractor’s Equipment Coverage, the
Company identified in Exhibit B will pay up to the
actual cash value, not replacement cost.
$ 50,000 Per Occurrence and Annual Aggregate and shared by
all Members of this Declaration for Fine Arts for the
peril of Earthquake for members who do not
purchase dedicated Earthquake limits
$ 10,000 Per Minimum subject to $100,000 Maximum per
Vehicle or Item for Licensed Vehicles, Unlicensed
Vehicles and Contractors Equipment Per Occurrence
and Annual Aggregate and shared by all Members of
this Declaration for the peril of Flood for Members
who do not purchase dedicated Flood limits. For
Contractor’s Equipment Coverage, the Company
identified in Exhibit B will pay up to the actual cash
value, not replacement cost.
$ 50,000 Per Occurrence and Annual Aggregate and shared by
all Members of this Declaration for Fine Arts for the
peril of Flood for Members who do not purchase
dedicated Flood limits
$ 500,000 Per Occurrence for Primary Terrorism
$ 500,000 Per Occurrence for Excess Terrorism
(applies only if the Primary Terrorism Limit is
exhausted)
Declarations – Property Coverage
2021-22 Property/Liability Coverage Documents Property:7 of 7 Tel 800.537.7790
Special District Risk Management Authority Fax 916.231.4111
Rev. 07/01/2021 www.sdrma.org
WITH RESPECT TO EXCESS LAYER FOR TERRORISM: The maximum
limits of liability for all SDRMA Covered Parties due to
an Occurrence, shall not exceed $1,100,000,000, and an
annual aggregate of $1,400,000,000.
24 Hour Waiting Period for Service Interruption for All Perils and
Coverages
2.5% of Annual Tax Value per Location for Tax Interruption
$ 500,000 Per Occurrence for CAT Losses (Excluding Flood and
Earthquake) as defined by meeting the following
trigger: Property Claims Service (PCS) declaration of a
numbered catastrophic event and the event is
declared a CAT Loss by FEMA and/or OES. However, if
FEMA and/or OES does not classify the event as a CAT
loss, the Member’s current property deductible will
apply.
This information is provided as a general description only, and is not intended to supersede specific
policy documents. In the event of a conflict in language, the policy(ies) will be the controlling
document.
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