HomeMy WebLinkAboutRes 03-12 WA Award Propery-Causalty Insurance to Box InsuranceWESTLAKE ACADEMY
RESOLUTION NO. 03-12
A RESOLUTION OF THE BOARD OF DIRECTORS OF WESTLAKE
ACADEMY AWARDING THE BID ON PROPERTY /CASUALTY INSURANCE
TO BOX INSURANCE.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WESTLAKE
ACADEMY:
SECTION 1: That the Board of Directors of Westlake Academy does hereby
award the bid on property /casualty insurance to Box Insurance.
SECTION 2: That this Resolution shall become effective upon the date of its
passage.
PASSEL) AND APPROVED ON THIS I ' DAY OF AUGUST 2003.
ATTEST:
Gds .
Scott Bradley, Chairman
1
inge Crosswy, Secretary Trent O. Petty, Chi e cutive Officer
APPROVED AS TO FORM:
L. anton L wr , tarn
Westlake Academy
Premium Analysis
Insurance
Buildings
Contents
Commercial Crime Coverage
Inland Marine (Electronic Equipment and Valuable
Papers)
Equipment Breakdown
General Liabilty(|nc|udinQ Educators Professional &
Hired/Non-Owned)
Employee Benefits Liability
Umbrella
School Leaders' E&{)
Workers' Compensation
Box Insurance
Quote
$38.273
$3,039
$2,018
$2,791
$913
$65
$3'O00
$8.589
$9,210
TML Scenario
$28,417 A
$2.
--,_
$913
$25 B
$3,000
A This amount represents the same amount of coverage using TML's rates �
B This is an amount quoted to another charter school our size for general liability only (not included in a package)