Annual Budget Report and Policy Statement 2026-2027

Outdoor Resorts/Palm Springs Owners Association - Insurance Disclosure Summary

Policy Terms: 7/1/2025 – 7/1/2026

This summary of the association's policies of insurance provides only certain information, as required by Section 5300 of the Civil Code, and should not be considered a substitute for the complete policy terms and conditions contained in the actual policies of insurance. Any association member may, upon request and provision of reasonable notice, review the association's insurance policies and, upon request and payment of reasonable duplication charges, obtain copies of those policies. Although the association maintains the policies of insurance specified in this summary, the association's policies of insurance may not cover your property, including personal property or real property improvements to or around your dwelling, or personal injuries or other losses that occur within or around your dwelling. Even if a loss is covered, you may nevertheless be responsible for paying all or a portion of any deductible that applies. Association members should consult with their individual insurance agent for appropriate additional coverage.

LINE OF COVERAGE

NAME OF INSURER

POLICY NUMBER

LIMITS OF LIABILITY

DEDUCTIBLE

Total Insurable Value (Building) Total Insurable Value (Personal Property) Property in the Open Business Income

$8,259,665 $818,800 $250,000 $199,998

Property

Northfield Insurance Company

WH017879

$10,000

Travelers Property Casualty Company of America StarStone Specialty Insurance Company Atain Specialty Insurance Company

Scheduled Items Blanket Items

$287,493 $50,000

Mobile Equipment

QT6606Y547127TIL25

$1,000

Earthquake

DSP2506365

Aggregate Limit

$10,974,442

10% per Unit

General Aggregate Per Occurrence Assault & Battery

$2,000,000 $1,000,000 $300,000

General Liability

Kinsale Insurance Company

01003251061

$10,000

California Automobile Insurance Company

$500 Comprehensive $500 Collision

Automobile Liability (9/18/2025 – 9/18/2026)

BA040000075130

Liability

$1,000,000

Each Occurrence Aggregate

$5,000,000 $5,000,000 $1,000,000 $1,000,000 $300,000

Excess Liability

Century Surety Company

CCP1324358

None

Each Common Cause Aggregate Assault & Battery

Swiss Re Corporate Solutions Capacity Insurance Corporation

Liquor Liability

88G280000300

$5,000 per claim

Management Liability

Everest National Insurance Company VN00002106251

D&O & Employment Practices Aggregate

$2,000,000

$5,000

Disclaimer: Please be aware that the coverage described in this letter only applies to association policies insured through Brown & Brown. This master insurance review letter is based on the information provided to the Agency by you and contains a general description of the coverage(s), but it does not constitute a policy or contract. For complete policy information, including exclusions, limitations, and conditions, please refer to your policy. In the event of a difference, the policy will prevail.

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