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HomeMy WebLinkAboutLloyd's Barber Shop LLC - Insurance Certificate 2025 StateFarm STATE FARM FIRE AND CASUALTY COMPANY []
A STOCK COMPANY WITH HOME OFFICES IN BLOOMINGTON, ILLINOIS RENEWAL DECLARATIONS
Boomrngtton IL 6 1 702-29 1 5 Policy Number 96-1318-1<105-4
Add[ Insured-Section it Only Policy Period Effective Date Expiration Date
AT2 M-20-2644-FAF1 F Z 12 Months JAN 12 2025 JAN 12 2026
001958 3125 The policy period be ins and ends at 12:01 am standard
CITY OF FORT COLLINS time atthe premises�ocation.
PO BOX 580
FORT COLLINS CO 80522-0580
' Named Insured
LLOYDS BARBER SHOP LLC
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Hair Salon, Day Spa and Barber Policy
Automatic Renewal-If the policy period is shown as 12 months,this policy will be renewed automatically subjectto the premiums,rules and
forms in effectfor each succeeding policy period. If this policy is terminated,we will give you and the Mortgagee/Lienholder written notice in
compliance with the policy provisions or as required by law.
Entity: Limited Liability Company
NOTICE: Information concerning changes in your policy language is included. Please call your agent
if you have any questions.
POLICY PREMIUM $ 552.00
Disaster Mitigation $ 2.00
Total Amount $ 554.00
Discounts Applied:
Renewal Year
Years in Business
Claim Record
Prepared
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RENEWAL DECLARATIONS(CONTINUED)
Hair Salon, Day Spa and Barber Policy for CITY OF FORT COLLINS
Policy Number 96-BS-KlOS-4
SECTION I PROPERTY SCHEDULE
Location Location of Limit of Insurance* Limit of Insurance* Seasonal
Number Described Increase-
Premises Coverage A - Coverage B - Business
Buildings Business Personal Personal
Property Property
001 226 S COLLEGE AVE No Coverage $ 31,300 25%
FORT COLLINS CO 80524-2811
* As of the effective date of this policy, the Limit of Insurance as shown includes any increase in the limit due to Inflation Coverage.
SECTION I - INFLATION COVERAGE INDE ES
Cov A- Inflation Coverage Index: N/A
Cov B - Consumer Price Index: 314.8
SECTION I - DEDUCTIBLES
Basic Deductible $500
Special Deductibles:
Money and Securities $250 Employee Dishonesty $250
Equipment Breakdown $500
Other deductibles may apply - refer to policy.
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StateFarm
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••. RENEWAL DECLARATIONS(CONTINUED)
Hair Salon, Day Spa and Barber Policy for CITY OF FORT COLLINS
Policy Number 96-138-IC105-4
SECTION I- EXTENSIONS OF OVERAGE - LIMIT OF INSURANCE EACH DESCRIBED PREMISES
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s The coverages and corresponding limits shown below apply separately to each described premises shown in these
Declarations, unless indicated by"See Schedule." If a coverage does not have a corresponding limit shown below,
CY but has "Included" indicated, please refer to that policy provision for an explanation of that coverage.
COVERAGE LIMIT OF
INSURANCE
Accounts Receivable
On Premises $10,000
Off Premises $5,000
Arson Reward $5,000
Back-Up Of Sewer Or Drain $10,000
Brands And Labels $25,000
Collapse
Included
Damage To Non-Owned Buildings From Theft, Burglary Or Robbery Coverage B Limit
Debris Removal 25%of covered loss
Employee Equipment-Off Premises (applies only to those premises provided Coverage B
- Business Personal Property)
Per Occurrence $2,500
Per Employee $1, 00
Per Piece
$500
Employee Equipment - On Premises (applies only to those premises provided Coverage B
- Business Personal Property)
Per Occurrence $5,000
Per Employee
Per Piece $1,000
$500
Equipment Breakdown Included
Fire Department Service Charge $2,500
Fire Extinguisher Systems Recharge Expense $5,000
Forgery Or Alteration $10,000
Glass Expenses Included
Prepared
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RENEWAL DECLARATIONS (CONTINUED)
Hair Salon, Day Spa and Barber Policy for CITY OF FORT COLLINS
Policy Number 96.68-1<105.4
Increased Cost Of Construction And Demolition Costs (applies only when buildings are 10%
insured on a replacement cost basis)
Money And Securities (Off Premises) $5,000
Money And Securities (On Premises) $10,000
Money Orders And Counterfeit Money $1,000
Newly Acquired Business Personal Property (applies only if this policy provides $100,000
Coverage B - Business Personal Property)
Newly Acquired Or Constructed Buildings (applies only if this policy provides $250,000
Coverage A- Buildings)
Ordinance Or Law - Equipment Coverage Included
Outdoor Property $5,000
Personal Effects (applies only to those premises provided Coverage B - Business $2,500
Personal Property)
Personal Property Off Premises $15,000
Pollutant Clean Up And Removal $10,000
Preservation Of Property 30 Days
Property Of Others (applies only to those premises provided Coverage B - Business $2,500
Personal Property)
Signs $2,500
Valuable Papers And Records $10,000
On Premises $5,000
Off Premises
Water Damage, Other Liquids, Powder Or Molten Material Damage Included
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•• RENEWAL DECLARATIONS (CONTINUED)
Hair Salon, Day Spa and Barber Policy for CITY OF FORT COLLINS
Policy Number 96-1218-1<105-4
SECTION I- EXTENSIONS OF COVERAGE - LIMIT OF INSURANCE- PER POLICY
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$ The coverages and corresponding limits shown below are the most we will pay regardless of the number of
described premises shown in these Declarations.
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LIMIT OF
COVERAGE INSURANCE
Dependent Property - Loss Of Income $5,000
Employee Dishonesty $10,000
Utility Interruption - Loss Of Income $10,000
Loss Of Income And Extra Expense Actual Loss Sustained - 12 Months
SECTION II- LIABILITY
OF
COVERAGE LIMIT
INSURANN
CE
Coverage L- Business Liability $1,000,000
Coverage M - Medical Expenses (Any One Person) $5,000
Barber And Cosmetologist Professional Liability $1,000,000
Damage To Premises Rented To You $300,000
LIMIT OF
AGGREGATE LIMITS INSURANCE
Products/Completed Operations Aggregate Excluded
General Aggregate $2,000,000
Professional Aggregate $1,000,000
Prepared
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RENEWAL DECLARATIONS(CONTINUED)
Hair Salon, Day Spa and Barber Policy for CITY OF FORT COLLINS
Policy Number 96-B8-1<105.4
Each paid claim for Liability Coverage reduces the amount of insurance we provide during the applicable
annual period. Please refer to Section II - Liability in the Coverage Form and any attached endorsements.
Your policy consists of these Declarations, the BUSINESSOWNERS COVERAGE FORM shown below, and any other
forms and endorsements that apply, including those shown below as well as those issued subsequent to the
issuance of this policy.
FORMS AND ENDORSEMENTS
CMP-4100 Businessowners Coverage Form
FE-6999.3 'Terrorism Insurance Cov Notice
CMP-4826 Employee Equipment Coverage
CMP-4825 Brands and Labels
CMP-4206.2 Amendatory Endorsement
CMP-4705.2 Loss of Income & Extra Expnse
CMP-4710 Employee Dishonesty
CMP-4709 Money and Securities
CMP-4706 Back-Up of Sewer or Drain
CMP-4704.1 Dependent Prop Loss of Income
CMP-4703.1 Utility Interruption Loss Incm
CMP-4793 Al State Political Perm Prem
CMP-4402.1 Barber Cosmetologist Prof Liab
CMP-4845 Excl Product Comp Operatn Liab
CMP-4787 Waiver of Trans Rgt of Recov
CMP-4788 Addl Insd Mgrs Lessor of Prem
FE-3650 Actual Cash Value Endorsement
CMP-4561.4 Policy Endorsement
FD-6007 Inland Marine Attach Dec
* New Form Attached
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StateFarm
••� RENEWAL DECLARATIONS(CONTINUED)
Hair Salon, Day Spa and Barber Policy for CITY OF FORT COLLINS
Policy Number 96-138-K105-4
This policy is issued by the State Farm Fire and Casualty Company.
s Participating Policy
You are entitled to participate in a distribution of the earnings of the company as determined by our Board of Directors in
accordance with the Company's Articles of Incorporation, as amended.
In Witness Whereof, the State Farm Fire and Casualty Company has caused this policy to be signed by its President and
Secretary at Bloomington, Illinois.
*K4'-?-rn, l ,
Secretary
President
NOTICE TO POLICYHOLDER:
For a comprehensive description of coverages and forms, please refer to your policy.
Policy changes requested before the "Date Prepared",which appear on this notice, are effective on the Renewal Date
of this policy unless otherwise indicated by a separate endorsement, binder, or amended declarations. Any coverage
forms attached to this notice are also effective on the Renewal Date of this policy.
Policy changes requested after the "Date Prepared"will be sent to you as an amended declarations or as an
endorsement to your policy. Billing for any additional premium for such changes will be mailed at a later date.
If, during the past year, you've acquired any valuable property items, made any improvements to insured property,
or have any questions about your insurance coverage, contact your State Farm agent.
Please keep this with your policy.
Colorado law requires that we provide the following information to you:
In addition to other allowable reasons for which your policy premium may have been adjusted upward or
downward from your prior renewal, your premium increased due to the following:
An increase in the estimated cost of anticipated claims and expenses for State Farm's commercial
multi-peril business in Colorado.
Please contact your State Farm agent if you have any questions about your policy.
Prepared
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013823 294
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Statefarm STATE FARM FIRE AND CASUALTY COMPANY ❑
A STOCK COMPANY WITH HOME OFFICES IN BLOOMING TON, ILLINOIS INLAND MARINE ATTACHING DECLARATIONS
Po Box 2915omington IL 6 1 702-29 15 Y Polic Number 96-B8-K105-4
Blo
Named Insured Policy Period Effective Date Expiration Date
M-20-2644-FAF1 F Z 12 Months JAN 12 2025 JAN 122026
The policy period be9ins and ends at 12:01 am standard
LLOYDS BARBER SHOP LLC time atthe premises location.
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ATTACHING INLAND MARINE
Automatic Renewal-If the policy period is shown as 12 months,this policy will be renewed automatically subjectto the premiums,rules and
forms in effect for each succeeding policy period. If this policy is terminated,we will give you and the Mortgagee/Lienholder written notice in
compliance with the policy provisions or as required by law.
Annual Policy Premium Included
The above Premium Amount is included in the Policy Premium shown on the Declarations.
Your policy consists of these Declarations,the INLAND MARINE CONDITIONS shown below,and any other forms and endorsements that
apply,including those shown below as well as those issued subsequentto the issuance of this policy.
Forms,Options,and Endorsements
FE-8739 Inland Marine Conditions
FE-8743.1 Inland Marine Computer Prop
See Reverse for Schedule Page with Limits
Prepared
SEP 30 2024 ©Copyright,State Farm Mutual Automobile Insurance Company,2008
FD-6007 Includes copyrighted material of Insurance Services Office,Inc.,with its permission.
013824
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530 666 a.2 05-31-2011 Io1W:
96-B8-K105-4
ATTACHING INLAND MARINE SCHEDULE PAGE
ATTACHING INLAND MARINE
ENDORSEMENT LIMIT OF DEDUCTIBLE ANNUAL
NUMBER COVERAGE INSURANCE AMOUNT PREMIUM
FE-8743.1 Inland Marine Computer Prop S 25 , 000 S 500 Included
Loss of Income and Extra Expense S 25 , 000 Included
OTHER LIMITS AND EXCLUSIONS MAY APPLY-REFER TO YOUR POLICY
Prepared
©Copyright,State Farm Mutual Automobile Insurance Company,2008
SEP re
SEP 307 2024 Includes copyrighted material of Insurance Services Office,Inc.,with its permission.
FD-013824
530-605 a.2 05-31 2011 103233c1