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					Insurance Provider Comparison                                                                                                    8/24/09

Description of           Willis HRH                           Arthur J. Gallagher                    Insurance Office of America
Coverage

Property                 $66,987 - American Coastal           $69,341.50 - Westchester Surplus       $46,298– American Strategic
                         Insurance Co.                        Lines Insurance Co.                    Insurance Co. (Townhomes)
                         AM Best Rating NR-1                  AM Best Rating A+ XII                  AM Best Rating A- VIII

                                                                                                     Travelers Property Casualty Co. of
                                                                                                     America (Pool Building, other items)
                                                                                                     AM Best Rating A- VIII

General Liability        $8,302.33 - Scottsdale Insurance     $2572.52 - Sagamore Insurance Co.      $2,146.31- Philadelphia Indemnity
                         Co.                                  AM Best Rating A+ IX                   Co.
                         AM Best Rating A+ XV                                                        AM Best Rating A+ XII

Professional Liability   $1883.87 – United States Liability   $1086.80 - Travelers Casualty and      $1381.96 - Continental Casualty Co.
(D&O)                    Insurance Group                      Surety Co. of America                  AM Best Rating A XV
                         AM Best Rating A++ VII               AM Best Rating A+ XV

Umbrella                 Not sure                             $948.53 - American Guarantee and       $464 -Philadelphia Indemnity Co.
                                                              Liability Insurance Company (Zürich)   AM Best Rating A+ XII
                                                              AM Best Rating A XV

Crime                    Not sure                             Included                               Included

Workers Comp for H/Os    May be included                      May be included                        $513
doing work for the HOA

Total                    $77,173.20                           $73,949.35                             $50,803.27
                                                                                                     $ 159.57 Florida tax

Finance Charge           $1812.06                             $1997.90                               $ 1,145.58

Grand Total              $78,985.26                           $75,947.25                             $52,108.42




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Insurance Provider Comparison                                                                                                8/24/09

Description of           Willis HRH                           Arthur J. Gallagher                  Insurance Office of America
Coverage

Property – Total Value   $12,905,300                          $12,905,200                          $12,905,300
                         Deductible $5,000                    Deductible $5,000                    Deductible $5,000
                         100% Coinsurance                     80% Coinsurance                      80% Coinsurance
                         3% Windstorm\Hail Deductible         2% Named Storm Deductible            3% Windstorm\Hail Deductible

General Liability        General Aggregate Limit $2,000,000   General Aggregate Limit $2,000,000   General Aggregate Limit $2,000,000
                         Personal Injury Limit $1,000,000     Personal Injury Limit $1,000,000     Personal Injury Limit $1,000,000
                         Each Occurrence Limit $1,000,000     Each Occurrence Limit $1,000,000     Each Occurrence Limit $1,000,000
                         Fire Damage Limit $50,000            Fire Damage Limit $50,000            Fire Damage Limit $100,000
                         Medical Expense Limit $1000          Medical Expense Limit $5000          Medical Expense Limit $5000
                         Deductible $500                      Deductible $500                      Deductible $500

                                                              Law or Ordinance $2,500,000

Professional Liability   Limits (Each Claim/Aggregate)        Limits (Each Claim/Aggregate)        Limits (Each Claim/Aggregate)
(D&O)                    $3,000,000/$3,000,000                $1,000,000/$2,000,000                $1,000,000
                         Deductible $1000                     Deductible $1,000                    Deductible $1000

Umbrella                                                      $5,000,000 limit                     Limits (Each Claim/Aggregate)
                                                              Limits (Each Claim/Aggregate)        $1,000,000/$1,000,000
                                                              $1,000,000/$1,000,000

Crime                    Included                             $250,000 (Employee Dishonesty)       $367,000 (Employee Dishonesty,
                                                                                                   other items)



2008 -- 2009 Insurance Budget =                 $112,010.00
2008 -- 2009 Insurance Actual =                 $ 93,886.69
Projected 2009 -- 2010 Insurance Budget =       $ 52,108.42
Projected Overall Savings =                     $ 41,778.27




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