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Marco polo 17 18 summary of insurance (final)
1. Type of Policy/Carrier Limits of Liability/Deductibles Premium
COMMERCIAL PROPERTY Building Replacement Cost (High‐Rise) $144,871,109 $298,695
First Insurance Company of Hawaii Building Replacement Cost (Parking Garage) $18,300,000
Policy No. POP 1187157 Business Personal Property $300,000
Effective: 08/31/17 ‐ 08/31/18 Equipment Breakdown (Boiler & Machinery) Included
Terrorism (Optional Coverage Available for $14,712) Excluded
Building Ordinance or Law
A) Coverage for Loss to Undamaged Portion of Building Full Limits
B) Coverage for Cost of Demolition $2,000,000
C) Coverage for Increased Costs of Construction $2,000,000
Deductible (all covered perils excluding hurricane) $25,000
Hurricane Deductible (2% of the Total Insurable Values) $3,269,422
COMMERCIAL GENERAL LIABILITY General Aggregate Limit $2,000,000 $151,911
First Specialty Insurance Corporation Products/Completed Operations Aggregate Limit $2,000,000
Policy No. IRG 2004116 00 Personal & Advertising Injury Limit $1,000,000
Effective: 08/31/17 ‐ 08/31/18 Each Occurrence Limit $1,000,000
Damage to Premises Rented to You (any one premises) $50,000
Medical Expense Limit (any one person) EXCLUDED
Bodily Injury/Property Damage Liability Deductible $5,000
Non‐Owned/Hired Automobile (per occurrence) $1,000,000
COMMERCIAL UMBRELLA Limit of Liability (each occurrence/aggregate limit) $25,000,000 $7,939
Great American Insurance Company Retained Limit $0
Policy No. UM4959365‐UM30102703
Effective: 08/31/17 ‐ 08/31/18
DIRECTORS' & OFFICERS' LIABILITY Limit of Liability (each occurrence/annual aggregate) $2,000,000 $6,670
Continental Casualty Company Deductible (each claim) $2,500
Policy No. 0251108403
Effective: 09/01/17 ‐ 09/01/18
FIDELITY BOND Commercial Crime/Employee Theft $200,000 $894
Great American Insurance Company Deductible (per occurrence) $1,000
Policy No. SSA‐392‐56‐74‐04778‐01
Effective: 08/31/17 ‐ 08/31/18
FLOOD INSURANCE (TOWER) Building $143,000,000 $122,090
First Insurance Company of Hawaii Contents $100,000
Policy No. 0002031726 Deductible $10,000
Effective: 08/31/17 ‐ 08/31/18
FLOOD (PARKING GARAGE) Building $500,000 $4,803
First Insurance Company of Hawaii Contents $100,000
Policy No. 0002031729 Deductible $10,000
Effective: 08/31/17 ‐ 08/31/18
WORKERS' COMPENSATION Bodily Injury by Accident (each accident) $500,000 $36,527
Island Insurance Company, Ltd. Bodily Injury by Disease (each employee) $500,000
Policy No. IWA9720297‐04 Bodily Injury by Disease (policy limit) $500,000
Effective: 09/01/17 ‐ 09/01/18
$629,529
*** If you need proof of insurance for your mortgage company, please email your request to certificates@insuringhawaii.com ***
This summary has been prepared for the convenience of the Insured and is not an exact and binding analysis of the coverages. This summary is for your use as a reference only and is not intended to be inclusive of all policy
terms, conditions and exclusions. Even though care has been taken in the preparation of this summary, in the event there is a discrepancy, the original policies will prevail as the sole binding documents.
Total Premium (Including Taxes and Fees)
ASSOCIATION OF APARTMENT OWNERS OF THE MARCO POLO APARTMENTS
2017‐2018 Summary of Insurance
800 Bethel Street #200
Honolulu, HI 96813
insuringhawaii.com
Sue Savio
President
Tel # 808.526.9271
sue@insuringhawaii.com
Contacts Erin Claggett
Account Executive
Tel # 808.526.9289
erin@insuringhawaii.com
John Hall
Director of Sales
Tel # 808.526.9273
john@insuringhawaii.com