2023-2024 Annual Budget & Policy Report Final

Outdoor Resort Palm Springs Owners Association 08/01/2022 to 08/01/2023 for all except D&O 07/01/2022 to 07/01/2023 and WC is 01/01/2023 -01/01/2024

3636 Nobel Drive Drive, Suite 340, San Diego, CA. 92122

Name of Insurer

Type of Insurance

Policy Number

Limits of Liability

Deductible

$7,330,642 $818,800 $200,000 $336,186 $2,000,000 $1,000,000 $1,000,000 $2,000,000 $100,000 $1,000,000 $1,000,000 Excluded

Property

Property $10,000/ Wildfire $100,000 / Inland Marine $1,000

Mt. Hawley Insurance Co & Travelers Property Casualty Company of America

MCP0173892 QT-660-7T355202-TIL-23

Property Inland Marine

Personal Property/Contents Business Income

Inland Marine

General Aggregate Each Occurrence

Personal & Advertising Injury Products/Completed Operations Damage to Premises Rented to You

EBL $1,000 / Liquor Liability $5,000

Certain Underwriters at Lloyd's, London

General Liability

Medical Payments

Employee Benefits Liability

Liquor Liability

California Automobile Insurance Company

Auto

BA040000075130

$1,000,000

None None None $500

Commercial Automobile

$5,000

Medical Payments

$1,000,000

Uninsured/Underinsured

Included Included

Comprehensive

$1,000

Collision

Travelers Casualty and Surety Company of America

Crime Coverage

107680848

$4,000,000 $500,000 $500,000

$40,000 $5,000 $5,000

Employee Theft Computer Fraud

Fund Transfer Fraud

$5,000

$250 None

Forgery, Money Orders, Inside/Outside M&S

Houston Specialty Ins Co Ins. Co. of the West Philadelphia Indemnity Insurance Company

Umbrella Policy

ESB-HS-UCX-0000288-00

$5,000,000 $8,442,668

Aggregate Limit:

10%/$50,000

Earthquake Insurance

XHO 5008739 11

Limit

$5,000

Directors and Officers Liability

PCAP009183-0518

$3,000,000

Aggregate Limit:

None

Employers Assurance Company

Workers Compensation

EIG 2956091 03

$1,000,000

Aggregate Limit:

*This Summary of the Association's policies of insurance provides only certain information, as required by subdivision (f) of Section 5320 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 associations 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 broker or agent for appropriate additional coverage.

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