current coverage limit is adequate and in compliance with the CC&R's. Please forward the most recent

Transcription

1 rmtrong/robitaille/riegle Buine and Inurance Solution January 19, 2015 Dahlia Etate ociation c/o Moiier Property Management El Monte, C ttn: Gloria Carlo RE: HO INSURNCE POLICY RENEWL ND RECOMMENDTIONS: Dear Gloria: rmtrong/robitaille/riegle Buine and Inurance Solution are pleaed to encloe the Inurance Renewal Propoal for the above referenced ociation. With acce to the major inurance companie, we have ought variou competitive bid through our pecial program for Community ociation. The propoal outline a comprehenive program competitively priced. Pleae note thi repreent an overall increae of over expiring premium. RECOMMEND TIONS1 DDITIONL OPTIONS: Fidelity Coverage: Fannie Mae require the limit of liability for Employee Dihonety to be no le than the current reerve^ plu three time the total monthly aement. We recommend that you review your financial to determine if the current limit of 10,000 i adequate. Worker Compenation: To our knowledge, the ociation doe not have Worker Compenation Inurance. The encloed upplemental information explain why having thi protection i o important. If you would like to proceed with thi coverage, pleae let u know and end the ociation' Federal Tax Identification Number (FEIN). The approximate annual cot i Common rea Property Limit/Reerve Study: Pleae note that mot CC&R' mandate the Board to carry a property limit that reflect 100% Full Replacement Cot (without deduction for depreciation) of the Common rea Property. The current Property limit hould be reviewed againt the reerve tudy which lit all the amenitie controlled by the ociation with an approximate cot for each. The overall grand total hould reflect the Common rea total Property coverage limit. Pleae review thi limit to determine if the current coverage limit i adequate and in compliance with the CC&R'. Pleae forward the mot recent reerve tudy reflecting thi 1 or 2 page ummary of the ociation' amenity chedule. In order to proceed, pleae indicate your acceptance of thi propoal and remit to u your check for the D&O premium amount o that there i not a lape in coverage. The CSE PUD policy will be iued on the carrier direct bill payment plan, you will receive the CSE PUD policy & invoice directly from the carrier and payment need to be mailed directly to their office for thi portion of the premium. Should you have any quetion regarding thi propoal, pleae feel free to contact me at: Debbie Martin, ccount Executive (949) , Extenion 3217 clmartin@ar-in.com Sincerely, rmtrong/robitaille/riegle Buine and Inurance Solution 830 RooeveU, SuUe 200, Irvine, California 92620, Tel: (714) , Fax: (714) C Lie. #

2 rmtrong/robitaille/riegle LIC# Rooevelt, Suite 200 Irvine, C Phone : Fax : INVOICE# CCOUNTNO. DHLl-1 PRODUCER BLNCE DUE ON. Page 1 MOUNT PIDJ MOUNT DUE Dahlia Etate ociation El Monte, C ieffdate Trn Type Policy# INVOICE # REN D&OS CP D&O Liberty Inurance Underwriter Invoice Balance: D&O Renewal, pleae remit payment with required document by Thank you

3 INSURNCE PROPOSL Prepared by rmtrong/robitaille/riegie Buine & Inurance Solution 830 Rooevelt, Suite #200, Irvine, C California Licene # TTCHMENT Propoal For: Dahlia Etate ociation Propoal Date: January 19, 2015 Dec. Of Operation: Homeowner' ociation Coverage Date: - Propoed Inurer: CSE Inurance Group Liberty Inurance Underwriter Coverage Type of Inurance Property Special Form Replacement Cot Value Special Condition Commercial General Liability Fidelity Bond Employee Dilionet Director and Officer Liability- D&O Claim-Made Form Decription of Coverage Common rea Property/Building, Fence, bove Ground Irrigation Sytem ny Liability ariing out of Subidence, Mold & Mildew, Deterioration, Earthquake, Flood, and War i excluded. Bodily Injury and Property Damage for which you are legally liable Product/Completed Operation Peronal & dvertiing Injury Fire Legal Liability Limit Medical Expene Limit Hired and Non-Owned utomobile Liability Limit Embezzlement of aociation' money & ecuritie: Cover act of Director, Officer, Employee and Committee Member Error and Omiion, Neglect and Breach of Duty in your Capacity a a Board Member, Volunteer, Employee, Committee Member of Build/Dev Rep Peronal injury and Publiher Liability Property Manager are dditional Inured Etimatednnual Premium: *Total: 1, Payment Term: Limit 35,000 1,000 Deductible 2,000,000 4,000,000 4,000,000 Included 100,000 5,000 1,000,000 Each Occurrence ggregate 10,000 Bond Limit 1,000 Deductible 2,000,000 1,000 Deductible of payment or financing depoit, a binder or policy number for your coverage will be forwarded. Pleae notify our office Ifyou are not able to remit payment immediately. CSE PUD Liberty D&O (Direct Bill) 1, (Invoice Encloed) Signature/ccepted Date ENCLOSED CERTIFICTE WILL BE CTIVTED UPON RENEWL OF COVERGE. Requirement to bind: Signed Propoal cceptance D&O premium in full (per encloed invoice) Etimated nnual Premium include taxe and fee. DISCLIMER 1: Thi ummary of inurance provide only certain information and hould not be conidered a ubtitute for the complete policy term and condition contained in the actual policie of inurance. Pleae refer to the actual inurance policyfor pecific detail regarding coverage, excluion, limit,and deductible.

4 'c:ojro' CERTIFICTE OF LIBILITY INSURNCE OP ID: DM DTE (MM/DD/YYYY) THIS CERTIFICTE IS ISSUED S MTTER OF INFORMTION ONLY ND CONFERS NO RIGHTS UPON THE CERTIFICTE HOLDER. THIS CERTIFICTE DOES NOT FFIRMTIVELY OR NEGTIVELY MEND, ETEND OR LTER THE COVERGE FFORDED BY THE POLICIES BELOW. THIS CERTIFICTE OF INSURNCE DOES NOT CONSTITUTE CONTRCT BETWEEN THE ISSUING INSURER(S), UTHORIZED REPRESENTTIVE OR PRODUCER, ND THE CERTIFICTE HOLDER. IMPORTNT: If the certificate holder i an DDITIONL INSURED, the policy(ie) mut be endored. If SUBROGTION IS WIVED, ubject to the term and condition of the policy, certain policie may require an endorement tatement on thi certificate doe not confer right to the certificate holder in lieu ofuch endorement(). PRODUCER rmtrong/robltaiiie/riegle Rooevelt, Suite 200 Irvine, C INSURED COVERGES Dahlia Etate ociation El Monte, C CERTIFICTE NUMBER: CONTCT NME: PHONE (/C. No. Ext): E-MIL DDRESS: PRODUCER r>hi 1 1 CUSTOMER ID #: UrlLI-l INSURER(S) FFORDING COVERGE INSURER :CSE Inurance Group INSURER B: Liberty Inurance Underwriter INSURER C : INSURER D: INSURER E: INSURER F: F (/C. No): REVISION NUMBER: THIS IS TO CERTIFY THT THE POLICIES OF INSURNCE LISTED BELOW HVE BEEN ISSUED TO THE INSURED NMED BOVE FOR THE POLICY PERIOD INDICTED. NOTWITHSTNDING NY REQUIREMENT, TERM OR CONDITION OF NY CONTRCT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICTE MY BE ISSUED OR MY PERTIN. THE INSURNCE FFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO LL THE TERMS, ECLUSIONS ND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MY HVE BEEN REDUCED BY PID CLIMS. INSR DDL SUbR POLICY EFF POLICY EP LTR TYPE OF INSURNCE INSR WVD POLICY NUMBER (MM/DD/YYYY) fmm/dd/yyyy) LIMITS B GENERL LIBILITY COMMERCIL GENERL LIBILITY CD D&O CLIMS MDE CP PERSONL &DV INJURY Included D&01KDed GENERL GGREGTE 4,000,000 NIC# ECH OCCURRENCE 2,000,000 DMGE TO RENTED PREMISES fea occurrence) S 100,00C CLIMS-MDE OCCUR MED EP (ny one peron) S 5,000 GEN'L GGREGTE LIMIT PPLIES PER: PRODUCTS - COMP/OP GG 4,000,000 POLICY MFirr LOC D&O LIMIT 2,000,000 U1rOMOBILE UBIUTY NY UTO LL OWNED UTOS SCHEDULED UTOS HIRED UTOS CD COMBINED SINGLE LIMIT (Ea accident) BODILYINJURY (Per peron) BODILYINJURY (Per accident) PROPERTY DMGE (Per accident) NON-OWNED UTOS INCLUDED UMBRELL UB ECESS UB DEDUCTIBLE OCCUR CLIMS-MDE ECH OCCURRENCE GGREGTE RETENTION WORKERS COMPENSTION ND EMPLOYERS' LIBILITY NY PROPRIETORff'RTNER/EECUTIVE OFFICER/MEMBER ECLUDED? (Mandatory in NH) Ifye, decribe under DESCRIPTION OF OPERTIONS below PROP COMMON RE y / N N/ CD FIDELITY BOND GRIM CD DESCRIPTION OF OPERTIONS / LOCTIONS / VEHICLES (ttach CORD 101, ddluonal Remartc Schedule, If more pace i required) *ECEPT 10 DY NOTICE OF CNCELLTION FOR NON PYMENT OF PREMIUM. 7 HOMES WC STTU- OTH- TORY LIMITS ER E.L ECH CCIDENT E.L. DISESE - E EMPLOYEE E.L DISESE - POLICY LIMIT 1K DED 35,000 1K DED 10,000 EVIDENCE OF COVERGE EVIDENC SHOULD NY OF THE BOVE DESCRIBED POLICIES BE CNCELLED BEFORE THE EPIRTION DTE THEREOF, NOTICE WILL BE DELIVERED IN CCORDNCE WITH THE POLICY PROVISIONS. UTHORIZED REPRESENTTIVE CORD 25 (2009/09) CORD CORPORTION. ll right reerved. The CORD name and logo are regitered mark ofcord

5 '.C:ORD' CERTIFICTE OF LIBILITY INSURNCE OP ID: DM DTE(MM/DD/YYYY) THIS CERTIFICTE IS ISSUED S MTTER OF INFORMTION ONLY ND CONFERS NO RIGHTS UPON THE CERTIFICTE HOLDER. THIS CERTIFICTE DOES NOT FFIRMTIVELY OR NEGTIVELY MEND, ETEND OR LTER THE COVERGE FFORDED BY THE POLICIES BELOW. THIS CERTIFICTE OF INSURNCE DOES NOT CONSTITUTE CONTRCT BETWEEN THE ISSUING INSURER(S), UTHORIZED REPRESENTTIVE OR PRODUCER, ND THE CERTIFICTE HOLDER. IMPORTNT: If the certificate holder i an DDITIONL INSURED, the policy(ie) mut be endored. If SUBROGTION IS WIVED, ubject to the term and condition of the policy, certain policie may require an endorement. tatement on thi certificate doe not confer right to the certificate holder in lieu ofuch endorement(). PRODUCER rmtrong/robitaille/riegle Rooevelt, Suite 200 Irvine, C INSURED Dahlia Etate ociation El Monte, C CONTCT NME: PHONE... </C. No. ExO: </C. No»: E-MIL DDRESS; PRODUCER rj* u,, CUSTOMER ID#: Ut1U-1 INSURER(S) FFORDING COVERGE INSURER :CSE Inurance Group INSURER B: Liberty Inurance Underwriter INSURER C: INSURER D: INSURER E: INSURER F: NIC# THIS IS TO CERTIFY THT THE POLICIES OF INSURNCE LISTED BELOW HVE BEEN ISSUED TO THE INSURED NMED BOVE FOR THE POLICY PERIOD INDICTED. NOTWITHSTNDING NY REQUIREMENT. TERM OR CONDITION OF NY CONTRCT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICTE MY BE ISSUED OR MY PERTIN. THE INSURNCE FFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO LL THE TERMS. ECLUSIONS ND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MY HVE BEEN REDUCED BY PID CLIMS. INSR bol POUCY EFF POUCY EP LTR TYPE OF INSURNCE INSiR WVD POUCY NUMBER <MM/DD/YYYY» (MM/DD/YYYY) UMITS B GENERL UBIUTY COMMERCIL GENERL LlBILITY CD ECH OCCURRENCE 2,000,000 DMGE TO RENYCO PREMISES (Ea occun-encel 100,000 CLIMS-MDE OCCUR MED EP (ny one peron) 5,000 D&O CLIMS MDE CP PERSONL & DV INJURY Included D&01KDed GENERL GGREGTE 4,000,000 GEN'L GGREGTE LIMIT PPLIES PER: PRODUCTS - COMP/OP GG 4,000,000 POLICY jrvr LOC D&O LIMIT 2,000,000 U1'0M08ILE LIBILITY NY UTO LL OWNED UTOS SCHEDULED UTOS HIRED UTOS CD COMBINED SINGLE LIMIT (Ea accident) BODILY INJURY(Per peron) BODILYINJURY (Per accident) PROPERTY DMGE (Per accident) NON-OWNED UTOS INCLUDED UMBRELL UB ECESS LIB OCCUR CLIMS-MDE ECH OCCURRENCE GGREGTE DEDUCTIBLE RETENTION S WORKERS COMPENSTION ND EMPLOYERS' UBIUTY NY PROPRIETOR/PRTNER/EECUTIVE OFFICERflWEMBER ECLUDED? (Mandatory in NH) Ifye. decribe under DESCRIPTION OF OPERTIONS below PROP COMMON RE FIDELITY BOND GRIM y / N N/ CD CD DESCRIPTION OF OPERTIONS / LOCTIONS / VEHICLES (ttach CORD 101, dditional Remark Schedule, tf more pace i required) ECEPT 10 DY NOTICE OF CNCELLTION FOR NON PYMENT OF PREMIUM. 7 HOMES MOLLER PROPERTY MNGEMENT RE NMED S DDITIONL INSURED S PROPERTY MNGERS FOR THE NMED INSURED. " WC STTU- OTH- TORY LIMITS ER E.L ECH CCIDENT E.L. DISESE E EMPLOYEE E.L. DISESE - POLICY LIMIT 1KDED 35,000 1K DED 10,000 CERTIFICTE HOLDER CNCELLTION El Monte, C SHOULD NY OF THE BOVE DESCRIBED POLICIES BE CNCELLED BEFORE THE EPIRTION DTE THEREOF, NOTICE WILL BE DELIVERED IN CCORDNCE WITH THE POLICY PROVISIONS. UTHORIZED REPRESENTTIVE CORD 25 (2009/09) CORD CORPORTION. ll right reerved. The CORD name and logo are regitered mark of CORD