TOWN OF CARY, NORTH CAROLINA
INSURANCE IN FORCE(1)
July 1, 2008 - June 30, 2009
Table 26
Real and Personal Property and EDP:
      Blanket policy - Includes buildings such as Town Hall facilities, fire
      stations, library, public works facilities, parks and recreation areas, etc.
      and personal property owned by the Town including electronic data
      processing equipment. $240,212,260
Comprehensive General Liability:
     General Liability 2,000,000
     Automobile Liability 2,000,000
     Owned Auto Physical Damage (vehicles valued at $40,001-$100,000):
        Comprehensive - $5,000 deductible Actual Cash Value
        Collision - $5,000 deductible Actual Cash Value
     Owned Auto Physical Damage (vehicles valued at $100,001 & up):
        Comprehensive - $10,000 deductible Actual Cash Value
        Collision - $10,000 deductible Actual Cash Value
     Hired Auto Physical Damage (vehicles valued at $30,001 & over):
        Collision - $1,000 deductible Actual Cash Value or $50,000, whichever is less
        Collision - $1,000 deductible Actual Cash Value or $50,000, whichever is less
       Excess Liability 5,000,000
       Excess Liability for Booth Amphitheater at Regency Park 3,000,000
       Tort Liability:
          Public Officials Liability 6,000,000
          Law Enforcement Liability 6,000,000
          Employment Practices Liability 6,000,000
Workers Compensation
     Regular Employees  Self Insured
     Police Officers/Firefighters Self Insured
Specific Retention
     Each Accident
        Regular Employees  400,000
        Police Officers/Firefighters 400,000
     Each Employee for Disease
        Regular Employees  400,000
        Police Officers/Firefighters 400,000
Specific Limit Each Accident
     Workers' Compensation Statutory
     Employers' Liability 2,000,000
Specific Limit Each Employee for Disease
     Workers' Compensation Statutory
     Employers' Liability $2,000,000
Aggregate Retention 3,000,000
     Normal Premium Multiplied by 103.42%
     Estimated Normal Premium 2,115,475
     Minimum Retention 2,144,068
Public Official Bonds
     Finance Director 100,000
     Wake County Tax Collector 100,000
     Wake County Revenue Collector 100,000
Business Income 100,000
Extra Expense at Specified Locations:
     Town Hall A 1,000,000
     Town Hall B (Blanket for all
     Operations Center  (Buildings A and B) three sites)
Contractor's Equipment 4,112,805
 
Leased/Rented Equipment 400,000
Catastrophic Physical Damage (Vehicles valued under $30,001) Actual Cash Value, with $40,000 self insured retention
Communications Equipment 2,076,600
 
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NOTES:
(1)    Represents insurance in force on July 1, 2008.  Insurance was renewed on July 1, 2009 for the
       fiscal year ended June 30, 2010.