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HomeMy WebLinkAbout374454 ARTHUR J GALLAGHER RISK MGMT SVCS INC - INSURANCE CERTIFICATEWRIGHT YMgM NRIwuI Flood lnturme. CMPFu Flood A Stock Company P.O. Box 33003 St. Petersburg, FL 33733-8003 Customer Service: 1-800-820-3242 Claims: 1-800-725-9472 FLOOD DECLARATIONS PAGE FFL 99.001 0113 3144128 7/09/13 2000 11523 FLD RGLR Policv Type Vr Policy Nuniber�, PriorPok Number .a. New°'.Bus`iness <o A FLD'e RGLR'' 05 1150956482 00 105 7700720298 08 Date of Issue 7/09/13 JGeneral Property Form [" Policy Period" $ " Ter"m 'rtInce ition Date.3. A ent°Code _ - 4 Phone a From: 8/17/13 To: 8/17/14 12:01 am Standard Timel 1 yr(s) 8/17/04 12:01am 10622130 (303) 773-9999 Agent (303)773-9999 ARTHUR J GALLAGHER RISK MGMT 7� I CITY OF FORT COLLINS SVCS INC-DENVER CO PO BOX 580 6399 S FIDDLERS GREEN CIR FORT COLLINS CO 80522-0580 STE 200 GREENWOOD VILLAGE CO 80111-4974 Insured Location (if other than above) Address only have been changed in accordance with USPS standards. 920 E MULBERRY ST, FORT COLLINS CO 80524 �Ratin2 Information I A �- a Y; y Community Name: FORT COLLINS, CITY OF Grandfathered: No Community #: 080102 Condo Type: N/A Building Description: Non -Residential Map Panel/Suffix: 0004 C # of Floors: One Floor Community Rating: 04 / 30% Basement/Enclosure: None Program Status: Regular Adjacent Grade: .0 Flood Zone: AE Elevation Di£f: N/A tion Des BUILDING $500,000 CONTENTS $0 �; THIS IS NOT„ A BILL DEAR MORTGAGEE The Reform Act of 1994 requires you to notify the WYO company for this policy within 60 days of any changes in the servicer of this loan. The above message applies only when there is a mortgagee on the insured location. Principal Residence: N $5,000 $6,458.00 $0 $.00 PROBATION SURCHARGE: $.00 ANNUAL,SUBTOTAL: $6,458.00 DEDUCTIBLE CREDIT: $581.00 ICC PREMIUM: $55.00 COMMUNITY DISCOUNT: $1,781.00 TOTAL WRITTEN PREMIUM: $4,151.00 FEDERAL POLICY SERVICE FEE: $40.00 TOTAL PREMIUM: $4,191.00 Premium Paid by: Insured Special Provisions: �,_ �_ �F� This policy covers only one building. If you have more than one building on your property, please make sure they are all covered. See III. Property Covered within your Flood policy for the NFIP definition of "building" or contact your agent, broker, or insurance company. Coverage Limitations may apply. Please refer to your Flood Insurance Policy for details. Forms and Endorsements: FFLG99.100 0503 0503 FFL 99.310 1012 1010 FFL 99.116 1112 0611 This policy is issued by Wright National Flood Insurance Company A stock company Copy Sent To: As indicated on back or additional pages, if any 06221300511509564821319005 OOOOA Chief Operating Officer w 00333 Insured Policy Number 05 1150956482 00 The value of flood damage covered u11 ­1nder the Dwelling Form is -based on Replacement Cost Value (RCV) RCV is the cost, without depreciation, to replace that part of a building that is damaged. To be eligible, three conditions must be met: 1. The building must be a single-family dwelling, and 2. The building must be your principal residence at the time of loss, meaning you live there at least 80 percent of the year; and 3. Your building coverage is at least 80 percent of the full replacement cost of the building, or is the maximum available for the property under the NFIP. Special Consideration for Multiple Claims Owners of NFIP-insured residential property. identified as "severe repetitive loss" (SRL) property, may be eligible for a FEMA mitigation grant for property improvements that reduce the likelihood of future flood damages. Participation in the SRL program is voluntary. but property owners who refuse an offer of mitigation may expect an increase in their flood insurance premium rate equal to 150% of the chargeable rate for the property at the time the offer was made. An NFIP-insured property is defined as a severe repetitive loss property when it meets one of the following criteria since 1978, regardless of ownership: 1. Four or more separate flood claim payments have been made and each claim payment exceeds $5,000 (including building and contents payments). or 2. At least two separate flood claim payments (building payments only) have been made and the cumulative payments exceed the current value of the property. 132LTom 0[09d This document provides general information about flood insurance coverage. However, please be aware that your Standard Flood Insurance Policy, your application, and any endorsements, including the Declarations Page, make up your official contract of insurance. Any differences between this information and your policy will be resolved in favor of your policy. If you have questions, call your insurance agent or company representative. FFL 99.116 1112 3144128 7/09/13 -.ment Cost Value Actual Cash Value (ACV) ACV is Replacement Cost Value at the time of loss, less the value of its physical depreciation. Some building items such as appliances and carpeting are always adjusted on an ACV basis. For example, wall-to-wall carpeting could lose from 10 to 14 percent of its value each year, depending on the quality of the carpeting. This depreciation would be factored into the adjustment. Personal property is always valued at ACV. What Is Increased Cost of Compliance (ICC) Coverage?,-. pa Most NFJP policiesgmctude,ICC',coverage which applies when flood damages are severe. ICC coverage provides up -,to $30,000 of the costAo elevate. demolish, or, relocate your home If your :commututy declares=your home="substantially, damaged" "or "rcpetitivclydamaged by a flood,,it will require you to bring your home up to current community standards. a The total"amount of your building claim and ¢ ICC claim cannot exceed the maximum limit for Building. Property coverage ($20,000 for a single- family home). Having an ICC. claim does not affect r Personal Property claim (up to $100,000),.which is '. paid separately. Details about eligibility are in Section III.D. of `your Policy: Congress created the National Flood Insurance Program (NFIP) in 1968 to reduce future flood damage through floodplain management, and to provide people with flood insurance through individual agents and insurance companies. The Federal Emergency Management Agency (FEMA) manages the NFIP. As required by Congress, this document was prepared by the NFIP to help flood insurance policyholders understand their policy. 06221300511509564821319001 OOOOA 4 W. u Tn cn r.A FFL 99.001 0113 3144128 7/09/13 05 1150956482 00 Agent (303)773-9999 ARTHUR J GALLAGHER RISK MGMT SVCS INC-DENVER CO 6399 S FIDDLERS GREEN CIR STE 200 GREENWOOD VILLAGE CO 80111-4974 BE 06221300511509564821319005 OOOOA Insured Wright National Flood Insurance Company FFL 99.310 1012 A Stock Company ��. P.O. Box 33003 3144128 � 1 RH(MA IT Customer Se vice: 1-800-8 03242 - 7/09/13 �]� i- :0d Claims: 1-800-725-9472 Wright National Flood Insurance Company Privacy Statement 05 1150956482 00 8/17/13 2000 11523 FLD RGLR Revised: November 14, 2012 This Privacy Statement explains our privacy practices, including how we use your non-public personal infonnation ('Personal Information") and to whom it is disclosed. We may amend this Privacy Statement from time to time consistent with applicable privacy laws. Each Wright National Flood Insurance Company and its affiliate. Wright National Flood Insurance Services, LLC. member companies of The Wright Insurance Group. LLC, follows the privacy practices described in this Privacy Statement. Depending on the business they perform, these affiliates may also share information as described below. We may collect Personal information about you from the following sources: • Information we receive from you on applications or other forms .ve receive from you or your authorized representative, such as your name, address. social security number. tax identification number, asset information and income information: • Information about your transactions with us or the services being performed by, us. our affiliates or others. such as information concerning your policy, premiums, payment history, information about your home or other real property, information from lenders and other third parties involved in such a transaction, account balances. credit card numbers and payment histories; • Information we receive from you through our internet websites. such as your name. address. email address. Internet Protocol address. the .yebsite links you used to get to our site(s) and the pages viewed while at our site(s); and • Information.ve receive from consumer or other reporting agencies. Protection of the Confidentiality and Security of Your Personal information We maintain physical. electronic and procedural safeguards designed to protect your Personal Information from unauthorized access or intrusion. We limit access to the Personal Information to those employees who need such access in connection with providing products or services to you or for other legitimate business purposes. Sharing of Personal Information We do not disclose Personal Information about our customers or former customers to anyone, except as permitted by law. We do not share inforniation we collect from consumer or credit reporting agencies with our affiliates or others without your consent unless such disclosure is otherwise permitted by law. Consistent .yith applicable law, we may nevertheless provide all or some of the Personal Information described above (excluding information we receive from consumer or other credit reporting agencies) to the following individuals and companies: • to our affiliates. including insurance companies and agents to provide you with services you have requested or as otherwise permitted under applicable law; • to insurance agents. brokers. representatives, support organizations or others • to the extent necessary to provide you .with services you have requested, so long as the above entities and persons agree not to further disclose your Personal Information except to the extent necessary to earn, out the requested service on your behalf. • to enable us to detect or prevent criminal activity, fraud, material misrepresentation or nondisclosure in connection with an insurance transaction: and 06221300511509564821319004 OOOOA 00333 Insured FFL 99.310 1012 3144128 05 1150956482 00 7/09/13 • in connection with performing an insurance transaction for you: • to third -party contractors or service providers for the purpose of determining your eligibility for an insurance benefit or payment and/or provide you Nvith services you have requested: and • to an insurance regulatory authority. or a law enforcement or other governmental authority. Sharing of Personal Information With Service Providers We may share some or all of the Personal Information (excluding information we receive from consumer or other credit reporting agencies) that we collect about you with nonaffiliated third parties to provide services or functions on our behalf pursuant to a contractual agreement prohibiting the third party from disclosing or using your Personal Information other than to earn, out the purposes for which we disclosed the Personal Information. Such services may include the marketing of financial products or services offered pursuant to agreements between one or more financial institutions. Right to Opt Out of Information Sharing With Nonaffiliated Parties Other Than As Permitted By Law Under certain circumstances not applicable here. financial institutions are required to offer consumers the right to 'opt out" of the sharing of Personal Information with nonaffiliated parties, when such sharing of Personal Information is not authorized by law. Since we do not share your Personal Information with nonaffiliated third parties except as expressly permitted by law. this notice and 'opt out" opportunity does not apply to you. For Residents of California, New Mexico and Vermont: Your Authorization Is Required Prior To The Sharing of Your Information With Nonaffiliated Third Parties Other Than As Permitted By Law Under certain circumstances not applicable here. financial institutions arc required to obtain your authorization ('opt in") prior to sharing your Personal Information with nonaffiliated third parties, when such sharing of Personal Information is not authorized by law. Since we do not share your Personal Information with nonaffiliated third parties except as expressly permitted by law, this notice and 'opt in" opportunity does not apply to you. Right to Access Your Personal Information and Ability To Correct Errors Or Request Changes Or Deletion As required by applicable law, we will afford you the right to access your Personal Information. under certain circumstances to find out to whom your Personal Inforniation has been disclosed. and request correction or deletion of your Personal Information. Where permitted by law. we may charge a reasonable fee to cover the costs incurred in responding to such requests. All requests must be made in writing to the following address: Privacy Compliance Officer Wright National Flood Insurance Company 801 94th Avenue North - Suite 110 St. Petersburg, FL 33702 06221300511509564821319004 OOOOA Insured WRICTH 1 Flc ,d Policy Number 05 1150956482 00 2000 11523 FLD RGLR Wright National Flood Insurance Company A Stock Company P.O. Box 33003 St. Petersburg, FL 33733-8003 Customer Service: 1-800-820-3242 Claims:1-800-725-9472 IMPORTANT INFORMATION ABOUT THE NATIONAL FLOOD INSURANCE PROGRAM FFL 99.116 1112 3144128 7/09/13 Date 8/17/13 Federal law requires insurance companies that participate in the National Flood Insurance Program to provide you with the enclosed Summary of Coverage. It's important to understand that the Summary of Coverage provides only a general overview of the coverage afforded under your policy. You will need to review your flood insurance policy, Declarations Page, and any applicable endorsements for a complete description of your coverage. The enclosed Declarations Page indicates the coverage you purchased, your policy limits, and the amount of your deductible. You will soon receive additional information about the National Flood Insurance Program. This information will include a Claims Handbook, a history of flood losses that have occurred on your property, as contained in FEMA's data base, and an acknowledgement letter. If you have any questions about your flood insurance policy, please contact your agent or insurance company. 06221300511509564821319003 OOOOA Insured 000333 05 1150956482 00 FFL 99.116 1112 3144128 7/09/13 06221300511509564821319003 OOOOA T n tii rPrl 0 EFL 99.116 1112 Policy Number 3144128 05 1150956482 00 7/09/13 What is a Flood? Flood insurance covers direct physical loss caused by "flood." In simple terms, a flood is an excess of water on land that is normally dry. Here's the official definition used by the National Flood Insurance Program. A flood is (1) "A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is your property) from a. overflow of inland or tidal waters; b. unusual and rapid accumulation of runoff of surface waters from any source; or c. mudflow`. (2) collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in flood as defined in A.1.a. above." "Mudflow is defined (in part) as "A river of liquid and flowing mud on the surfaces of normally dry land areas, as when earth is carried by a current of water." Three Important Facts About Your Flood Policy A Standard Flood Insurance Policy is a single -peril (flood) policy that pays for direct physical damage to your insured property up to the replacement cost or Actual Cash Value (ACV) (see "How Flood Damages Are Valued") of the actual damages or the policy limit of liability, whichever is less. 1. Contents coverage must be purchased separately. 2. It is not a valued policy. A valued policy pays the limit of liability in the event of a total loss. For example: Your home is totally destroyed by a fire and it costs $150,000 to rebuild. If your homeowners insurance policy is a valued policy with a $200,000 limit of liability on the building, you would receive $200,000. Flood insurance pays the replacement cost or ACV of actual damages, up to the policy limit. 3. It is not a guaranteed replacement cost policy. A guaranteed replacement cost policy pays the cost to rebuild your home regardless of the limit of liability. For example: Your home is totally destroyed by a fire and it costs $200,000 to rebuild. If your homeowners insurance policy is a guaranteed replacement cost policy with a $150,000 limit of liability on the building, you would receive $200,000. Flood insurance does not pay more than the policy limit. 06221300511509564821319002 OOOOA Insured 91. 00333 Policy Number 05 1150956482 00 Choosing Deductibles Choosing the amount of your deductible is an important decision. As with car or homeowners insurance, choosing _ a higher deductible will lower the premium you pay, but will also reduce your claim payment. You can choose different deductibles for Building Property and Personal Property coverage. The deductibles will apply separately to Building Property and Personal Property claims. Your mortgage company can require that your deductible be no more than a certain amount. Review the Declarations Page in your flood insurance policy for amounts of coverage and deductibles. Talk with your insurance agent, company representative, or lender about raising or lowering deductibles within an allowable range. What is Covered by Flood Insurance - and What's Not FFL 99.116 1112 3144128 7/09/13 Physical damage to your building or personal property "directly" caused by a flood is covered by your flood insurance policy. For example, damages caused by a sewer backup are covered if the backup is a direct result of flooding. If the backup is caused by some other problem, the damages are not covered. The following charts provide general guidance on items covered and not covered by flood insurance. Refer to your policy for the complete list. (For information on flood insurance coverage limitations in areas below the lowest elevated floor and in basements, see page 3 of this document.) What is insured under BUILDING PROPERTY coverage: • The insured building and its foundation. • The electrical and plumbing systems. • Central air conditioning equipment, furnaces, and water heaters. • Refrigerators, cooking stoves, and built-in appliances such as dishwashers. • Permanently installed carpeting over an unfinished floor. • Permanently installed paneling, wallboard, bookcases, and cabinets. • Window blinds. • A detached garage (up to 10 percent of Building Property coverage); detached buildings (other than detached garages) require a separate Building Property policy. • Debris removal. What is insured under PERSONAL PROPERTYcoverage: • Personal belongings such as clothing, furniture, and electronic equipment. • '" Curtains. • Portable and window air conditioners. • Portable microwave ovens and portable dishwashers. • Carpets not included in building coverage (see above). • Clothes washers and dryers. • Food freezers and the food in them. • Certain valuable items such as original artwork and furs (up to $2,500). 2 What is NOT insured under either Building Property or Personal Property coverage: • Damage caused by moisture, mildew, or mold that could have been avoided by the property owner. • Currency, precious metals, and valuable papers such as stock certificates. • Property and belongings outside of a building such as trees, plants, wells, septic systems, walks, decks, patios, fences, seawalls. hot tubs_. and switlmting pools. • Living expenses such as temporary housing. • Financial losses caused by business interruption or loss of' use ofinsured properly. • Most self-propelled vehicles such as cars, including their parts (see Section IV.5 in your policy). 06221300511509564821319002 OOOOA T n -�ii rPet E9. Policy Number 05 1150956482 00 Flood insurance coverage is limited in area on the -flood zone and date of construction i regardless of zone, or:date of construction. undevan elevated building. 3) enclosed art sometimes referred to as "walkout basenta What is insured under BUILDING PROPERTY coverage: • Foundation walls. anchoraee systems, and staircases attached to the building. • Central air conditioners. • Cisterns and the water in them. • Dr�\vall for walls and ceilings (in basements only). • Non-llanunable insulation (m basements only). • Electrical outlets, switches, and circuit breaker boxes. • Fuel tanks and the fuel in then!, solar energy equipment, and well water tanks and pumps. 1. BASEMENTS FFL 99.116 1112 3144128 7/09/13 low the lowest elevated floor (including: crawlspaces) depending .r.to Part'IR;,Section A.8 in,yow policy) and in basements illustratetf6clow; thescureas Include.b) basementk1,2) cra%vhpAces ieneath buildings elevated on full-stor},Toundatiori calls that are and 4) enclosed areas !`under other types of elevated buildings. • Furnaces, water heaters, heal pumps, and sump pumps. What is insured under PERSONAL PROPERTY coverage: • Washers and dryers. • Food freezers and the food in them (but not relrigerators). • Portable and window air conditioners. What is NOT insured under either Building Property or Personal Property coverage: • Paneling, bookcases, and window treatments such as curtains and blinds. Coverage limitations apply to "basements," which are any area of the building, including a sunken room or sunken portion of a room, having its floor below ground level on all sides. 3. ELEVATED BUILDING ON FULL -STORY FOUNDATION_ WALLS • Carpeting, area carpets, and other floor coverings such as tile. • Drywall for walls and ceilings (below lowest elevated floor). • Walls and ceilings not made of drywall. • In certain cases staircases and elevators. • Most personal property such as clothing, electronic equipment, kitchen supplies, and furniture. 2. CRAWLSPACE When a building is elevated on foundation walls, coverage limitations apply to the "crawlspace" below. _; �Illlljllll Coverage limitations apply to the enclosed areas (lower floor) even when a building is constructed with what is sometimes called a "walkout basement" �1 4. ELEVATED BUILDING WITH ENCLOSURE Coverage limitations apply to "enclosed areas" at ground level under an "elevated building." An elevated building allows water to flow freely under the living quarters, thus putting less strain on the building in the event of flooding. An "enclosure" is the area below the lowest elevated floor that is fully shut in by rigid walls. 3 06221300511509564821319001 OOOOA Insured N 00333