HomeMy WebLinkAbout2024 - 2024 Agreement. FMIT
FLORIDA MUNICIPAL INSURANCE TRUST
November 25, 2024
Dear Member:
Protecting the Communities, We Call Home
Enclosed are your agreement forms. Only the forms that apply to you are included.
Please sign and date each form and return one copy to vour underwriter by 1/112025. The forms can be returned via
mail or electronic mail. An additional copy has been provided for your records. This may include the following:
Uninsured/Underinsured Motorist Protection — These correspond with last year's form or your request for the
new year.
Personal Injury Protection — These correspond with last years forms.
Statement of Values —The attached schedule is correct as of 10/1/2024. Any changes will be reflected by
endorsement. Return the sign off sheet and include a copy of the schedule if there are any changes.
Your policies are now available online (at httos://insurance.flcities.com/member-dashboard):
1.) All Coveraoes — This is the location of the Master Policy which includes all coverages as
originally issued.
2.) Policy Only — these are the individual policies by coverage line. This is the location of your policy
change endorsements.
If you have any questions or need assistance, please contact your underwriter Medley Johnson, miohnson(a)flcities.com or
407-367-3436, who will be happy to assist you.
We will appreciate your timely response.
O125 East Colonial Drive
Orlando, Florida 32801
P.O. Box 538135
Orlando, Florida 32853-0065
OPhone: (407) 425-9142
Fax: (407) 425-9378
Oflcities.cam
FLORIDA MUNICIPAL INSURANCE TRUST
UNINSURED MOTORISTS / UNDERINSURED MOTORISTS SELECTION FORM
NON STACKED
YOU ARE ELECTING NOT TO PURCHASE CERTAIN VALUABLE COVERAGE
WHICH PROTECTS YOU AND YOUR FAMILY OR YOU ARE PURCHASING
INSURED MOTORIST LIMITS LESS THAN YOUR BODILY INJURY LIMITS
WHEN YOU SIGN THIS FORM. PLEASE READ CAREFULLY
AGREEMENT NO. FMIT # 0539
DESIGNATED MEMBER City of Sebastian
COVERAGE PERIOD October 1, 2024 —October 1, 2025
SELECTION FORM
CHECK, SIGN & DATE FOR ONLY ONE OPTION
UNINSURED MOTORISTS / UNDERINSURED MOTORISTS COVERAGE - REJECTION:
I/We REJECT Uninsured / Underinsured Motorists coverage and request that such coverage
be eliminated from the Agreement, all renewals, and any other provisions which extends,
changes, supersedes or replaces this agreement.
UNINSURED MOTORISTS / UNDERINSURED MOTORISTS COVERAGE - INCREASED
LIMITS: I/We accept the offer of INCREASED limits for Uninsured / Underinsured Motorists
in the Combined Single Limit amount of bodily injury each accident.
Limit(s) LOWER than the limit(s) of the agreement for bodily injury liability, but not less than
the Financial Responsibility minimum Iimit(s) required by law. Limit.
❑ Limit(s) EQUAL to the limit(s) of the agreement limit(s) for bodily injury liability. Limit: .
Authorized Signature
FMIT UM 1010
phoh y
Date
East - Underwriter
AGREEMENT NO. FMIT #
FLORIDA MUNICIPAL INSURANCE TRUST
DESIGNATED MEMBER City of Sebastian
COVERAGE PERIOD October 1, 2024—October 1, 2025
OPTION FORM
0539
1. PERSONAL INJURY PROTECTION
® The member acknowledges and understands that the agreement identified above
will provide the full no-fault Personal Injury Protection coverage required by the
Florida Motor Vehicle No -Fault Law, Sections 627.730-627.7405, as amended.
2. Deductible Amount Applicable to Personal Injury Protection - Optional (select only one)
❑ $250 ❑ $2,000
❑ $500
❑ $1,000
3. No Deductible Applicable to Personal Injury Protection - Optional
® No Deductible
THE MEMBER HAS READ THE ABOVE APPLICATION & DECLARES THAT MEMBER HEREBY
ELECTS THE OPTIONS MARKED ABOVE AND REQUESTS THEY BE MADE A PART OF THE
AGREEMENT ABOVE.
*uth�onzed Signature
Date
FMIT PIP 1024
East - Underwriter
FLORIDA MUNICIPAL INSURANCE TRUST
MEMBER'S STATEMENT OF VALUES
Member City of Sebastian
FMIT # 0539
Headquarters Address 1225 Main Street Sebastian, FL 32958
Format M Blanket ❑ Specific
Form of Coverage
Agreed Amount applies to Items
Replacement Cost applies to Items
Coinsurance ❑ 90% ❑ 100%
The total insured value of the buildings listed on the Property schedule reflects 100% of the fully
appraised value as previously selected by the member.
Causes of loss for which rates are requested:
❑ Basic ❑ Other (Specify)
Special ❑ Other (Specify)
Basic Coverage may apply to specified locations. Refer to the Schedule of Property Locations.
This Statement of Values form must be filed annually.
Coverage Period: October 1. 2024 — October 1, 2025
Important Note: For Members with Blanket and/or Agreed Amount coverage, an Asset
Valuation is periodically performed at no charge. Resulting value adjustments to insured
property will be reflected in the policy by endorsement. Resulting premium charges or
reductions will be reflected in the next installment billing.
MEMBER:
All valuessubmittedare accurate to the best of my knowledge and belief.
- (f� #K J-00AY
Authorized Signature Date
PROP-STMTVAL (10/19) East - Underwriter
Property Schedule
City of Sebastian, FMIT #0539
October 1, 2024 - October 1, 2025
Location a
Address
Occupancy
Construction Type
Lee
Bid
Cause of Loss - Building
Limit
Cause of Lass- Personal Property
Limit
001
001
1225 Main Street Sebastian, FL
Sebastian Elementary School - Old City
Joisted Masonry
Hall
Special Farm
52.369,000
$0
001
005
1225 Main Street Sebastian, FL
New City Hall
Masonry
Non -Combustible
Special Form
$6,945.000
Special Farm $1,320,700
002
001
1130 Louisiana Avenue Sebastian, FL
Traffic Engineering Building
Joistetl Masonry
Special Form
$162,500
Special Form
$50 000
003
001
1805 N Central Avenue Sebastian, FL
Community Center
Joisted Masonry
Special Form
$821.920
Special Form
$50,000
004
001
1921 N Central Avenue Sebastian, FL
OfficesiStorage- Cemetary
Frame
Special Form
$90,000
$0
004
002
1921 N Central Avenue Sebastian, FL
Cemetery Storage & Garage Building
Joisted Masonry
Special Form
$50,000
Special Form
$2000
004
003
1921 N Central Avenue Sebastian, FL
Gazebo: Octagon: Wood
Frame
Special Form
$21,100
so
005
001
100 Veterans Memorial Way Sebastian, FL
Offices Building
Joisted Masonry
Special Form
5261,000
Special Form
$15,000
005
002
100 Veterans Memorial Way Sebastian, FL
Garage Building
Joisted Masonry
Special Farm
$352,800
Special Form
5122 400
005
003
100 Veterans Memorial Way Sebastian, FL
Compound Metal Building
Non -Combustible
Special Form
$300.000
Special Form
$75,000
005
004
100 Veterans Memorial Way Sebastian, FL
Compound Generator Building
Frame
Special Form
$77.100
$0
006
001
600 US 1 Sebastian, FL
Restrooms Building
Joisted Masonry
Special Farm
$104.780
$0
006
003
600 US 1 Sebastian, FL
Playground Equipment (2): MetalB
Frame
Plastic
Special Form
$65,000
$0
006
004
600 US 1 Sebastian, FL
Pavilion: Playground: 70 ft z 15 ft: Wood
Frame
& Metal
Special Farm
$90.000
$0
006
005
600 US 1 Sebastian, FL
Pavilion k2: Riverfronl: 19 ft x 16 it: Wood
Frame
Special Form
$13,500
$0
007
001
820 Indian River Drive Sebastian, FL
Yacht Clubhouse
Frame
Special Form
$303,400
50
008
002
101 E Airport Drive Sebastian, FL
Restroom Building: Front 9
Joisted Masonry
Special Farm
539.960
$0
008
003
101 E Airport Drive Sebastian, FL
Restroom Building: Back 9
Joisted Masonry
Special Farm
$39,960
$0
009
002
1101 Barber Street Sebastian,FL
BSSC RestroomslRefreshment Stand
Joisted Masonry
(Includes Cooking Equipment)
Special Form
$186,450
Special Farm
$5.000
009
003
1101 Barber Street Sebastian, FL
Restrooms: BSSC Creative Playground
Joisted Masonry
Special Form
$87,450
$0
009
005
N01 Barber Street Sebastian, FL
Storage Shed
Frame
Special Form
$24,200
Special Form
$6,500
009
006
1101 Barber Street Sebastian, FIL
Dugouts (8): Baseball: Wood
Frame
Special Form
$84,000
$0
PR-SCHED 1014
Page 1 of 4
Location # Address
Loc Bid Cause of Loss - Building
009 007 1101 Barber Street Sebastian, FL
Special Form
009 008 1101 Barber Street Sebastian, FL
Special Form
009 010 1101 Barber Street Sebastian, FL
Special Form
010 003 1121 Barber Street Sebastian, FL
Special Form
010 004 1121 Barter Street Sebastian, FL
Special Form
010 006 1121 Barker Street Sebastian, FL
Special Form
oll 001 1201 Main Street Sebastian, FL
Special Form
011 002 1201 Main Street Sebastian, FL
Special Form
011 003 1201 Main Street Sebastian, FL
Special Form
011 004 1201 Main Street Sebastian, FL
Special Form
011 005 1201 Main Street Sebastian, FL
Special Form
012 062 1096 Schumann Drive Sebastian, FL
Special Form
012 003 1096 Schumann Drive Sebastian, FL
Special Form
012 004 1096 Schumann Drive Sebastian, FL
Special Form
013 001 530 Barber Street Sebastian, FL
Special Form
013 002 $30 Barber Street Sebastian, FL
Special Form
014 001 202 Airport Drive Sebastian, FL
Special Form
014 002 202 Airport Drive Sebastian, FL
Special Form
014 003 202 Airport Drive Sebastian, FL
Special Form
015 001 1440 Friendship Lane Sebastian, FL
Special Form
015 002 1440 Friendship Lane Sebastian, FL
Special Form
PR-SCHED 1014
Property Schedule
City of Sebastian, FMIT #0539
October 1, 2024 - October 1, 2025
Occupancy
Limit Cause of Loss - Personal Property
Baseball Press/Announcer Buildings (4)
$32.000
Creative Park Pavilion: 20 It x 25: Wood
$22,500
Lights (16): Baseball: 55 fl: Concrete
$288,000
Skate Facility Office
$62.700 Special Form
Skate Park: Concrete
$185,000
Football Field Concession/Restrooms
Building
$400,200 Special Form
Police Station
$4.366.710 Special Farm
Communications Tower
$135,000
Evidence Building
$324,000 Special Form
Police Generator Building
$117,500 Special Farm
Volunteers Office
Construction Type
Limit
Frame
$0
Frame
$0
Masonry
Non -Combustible
so
Joisted Masonry
$3,000
Joisted Masonry
$0
Joisted Masonry
$10,000
Modified Fire
Resistive
$1,078,100
Non -Combustible
$0
Joisted Masonry
$100.000
Joisted Masonry
$116,800
Masonry
Non -Combustible
$70,200
Special Form
$1.000
Schumann Park Tennis Court Restroom
Joisted Masonry
Building
$116,500
$0
Hexagonal Pavilion: Metal
Non -Combustible
S26,500
so
Lights (6): Tennis/Basketball: 45 R:
Masonry
Concrete
Non -Combustible
$125, 200
$0
Restrooms Building
Joisted Masonry
$83.200
$0
Playground Equipment (2): Metal &
Frame
Plastic
$34,000
$0
Ai -field Electric Vault
Fire Resistive
$70,300
Special Form
$100.000
Airport Administration Building
Joisted Masonry
$2.544.000
Special Form
$18,000
Airport Storage Tank: Fuel Facility
Non -Combustible
S182,300
so
Restrooms Building
Joisted Masonry
$176,400
$0
Tennis Courts Office -Friendship Park
Joisted Masonry
$176,900
Special Form
$5,000
Page 2 of 4
Property Schedule
City of Sebastian, FMIT #0539
October 1, 2024 - October 1, 2025
Location If
Address
Occupancy
Construction Type
Lee
Bid
Cause of Loss - Building
Limit
Cause of Loss - Personal Property
Limit
015
003
1440 Friendship Lane Sebastian, FL
Pavilion 1: 28 ft x 38 ft: Wood
Frame
Special Form
$51,900
$0
015
004
1"0 Friendship Lane Sebastian, FL
Pavilion 2: 28 it x 38 ft: Wood
Frame
Special Form
$51,900
$0
.016
001
78 Taxiway Drive Sebastian, FL
Airport Security House
Frame
Special Farm
$288,000
$0
017
001
303 Airport Drive Sebastian, FL
Airport Storage Maintenance Building
Non -Combustible
Special Form
$428,000
Special Farm S194,600
018
001
210 Airport Drive Sebastian, FL
HangarA
Non -Combustible
Special Form
$1,500,000
so
019
001
1540 Indian River Drive Sebastian, FL
Hurricane Harbor Restaurant/Museum
Frame
Special Farm
$1.339 600
$0
021
001
210 Airport Drive Sebastian, FL
Public Facilities Building at Airport
Non -Combustible
Special Form
$310,800
Special Form
$67.200
022
001
1255 Main Street Sebastian, FL
Senior Center Building
Joisted Masonry
Special Form
$522,000
Special Form
$27,100
UY3
UQ'I
"'Ij UU.. SUeu¢Sebastian. F.-
Art Curter BmIUVng wllhConnectlny
„luls:va A.a,u.:aiy
Breezeway
Special Form
$662.500
Special Farm
$50,000
023
002
1245 Main Street Sebastian, FL
Restrooms Building
Joisted Masonry
Special Form
$62.000
$0
Ii
UO
6Q+11JHI:1'i Dii',o SbbaStiJrl, FL
S-ei:al+T-I'.d'Jlgirl
,1 UIbl.U:61)JY:de
Special Form
$1 410,000
$0
024
002
60 Airport Drive Sebastian, FL
Sheltair T-Hangar2
Non -Combustible
Special Form
$1 410,000
$0
cc.d
UJ2
'."u,d.ridian hiv_r D+ uSubuc;iaul, F_
hyorking Haterhoin R',>i,icwru Euilcur:g
juh,:i'c
Special Form
$121.920
$0
026
001
710 Harrison Street Sebastian, FL
Restrooms - Riverview Park Splash Pad
Fire Resistive
Special Form
583,600
$0
026
002
710 Harrison Street Sebastian, FL
Splash Pad
Joisted Masonry
Special Form
$205,300
$0
026
003
710 Harrison Street Sebastian, FL
Solar Canopies (2): Splash Pad: 58 ft x 20
Non -Combustible
ft: Metal
Special Form
$232.000
50
026
004
710 Harrison Street Sebastian, FL
Covered Picnic Tablesl8enches (12): 4 ft
Frame
& 6 ft Wood
Special Form
$6,600
$0
027
001
700 Main Street Sebastian, FL
Chamber of Commerce
Joisted Masonry
Special Farm
S456,000
so
028
001
1300 Indian River Drive Sebastian, FL
Restrooms Building
Joisted Masonry
Special Form
$42,200
so
029
001
212 Airport Drive Sebastian, FL
Aircraft Storage & Maintenance
Non -Combustible
Special Form
S1,500,000
50
030
001
245 Keen Terrace Sebastian, FL
Restrooms Building
Joisted Masonry
Special Form
$44,080
$0
031
001
101 Brush Foot or Sebastian, FL
Golf Course Pro Shop & Club House
Joisted Masonry
Special Form
$997,900
Special Form
$111.900
PR-SCHED 1014 Page 3 of 4
Property Schedule
City of Sebastian, FMIT #0539
October 1, 2024 - October 1, 2025
Location # Address
Loc Bid Cause of Loss- Building
031 002 101 Brush. Foot or Sebastian, FL
Special Form
031 003 101 Brush Foot or Sebastian, FL
Special Form
031 004 101 Brush Foot or Sebastian, FL
Special Form
032 001 209 E Airport Drive East Sebastian, FL
Special Form
032 002 209 E Airport Drive East Sebastian, FL
Special Form
033 001 60 Airport Drive Sebastian, FL
Special Form
033 002 60 Airport Drive Sebastian, FL
Special Form
039 001 200 W. Airport Drive Sebastian, FL
Special Form
040 001 214Airport Drive Sebastian, FL
Special Form
041 001 1215 Indian River Drive Sebastian, FL
Special Form
043 001 106 EAirportDrive Sebastian, FL
Special Form
044 001 505 Airport Drive West Sebastian, FL
Special Form
045 001 402 Airport Drive East Sebastian, FL
Special Form
Total:
9
Occupancy
Construction Typo
Limit
Cause of Loss - Personal Property
Limit
Cart Barn
Frame
$313,820
Special Form
$300,000
Starter Shack
Frame
$16,800
so
Snack Shack
Frame
$30,000
Special Form
S1,000
Golf Course Storage Building (IGM
Masonry
Chemical Storage)
Non -Combustible
$46,300
Special Form
$10,000
Maintenance Building (IGM Building)
Non -Combustible
$456,000
Special Form
$75,000
Hangar E: Open Shelter: 290 ftx 36 ft:
Non -Combustible
Metal
$682,500
$0
Hangar F: Open Shalcu,: <96 I n 15. MuL4,
Nun-Cufnbusuhle
$682.500
$0
Hangar V (Velocity)
Non -Combustible
$960,000
$0
Hangar C (Paradise)
Non -Combustible
1.600 000
$0
$400.400
$30.000
(Vacant) Harbor Lights/Unoccupied
Building
Pickleball Restroom
Public Works Complex
$8,250,000 Special Form
Airport Hangar (Hangar D)
$2,313, 889
S49,539,739
so
Masonry
Non -Combustible
$0
Masonry
Non -Combustible
$1,500.000
Non -Combustible
so
$5,415,300
PR-SCHED 1014 Page 4 of 4