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UAGUE or CONNECTING & INN VATI.NG <br /> M I N N ES0A SINCE. 1 9 1 3 <br /> (]ITIES <br /> RISK MANAGEMENT INFORMATION <br /> LMCIT LIABILITY COVERAGE OPTIONS <br /> C.overage L i'mits and WaiversL1abl11ty Limits, <br /> LMCIT gives cities several options for structuring their liability coverage. The city can choose <br /> either to waive or not to waive the monetary limits the statutes provide,and the city can select <br /> from among several liability coverage limits. ,This memo discusses these options and identifies � <br /> some issues to consider In deciding which of the options best meets the city's needs. <br /> Statutory Limits on Municipal Tort Liability <br /> The statutes limit a city's tort liability to a maximum of$500,000 per claimant and$1,500,000'per <br /> occurrence, These limits apply 'Whether the claim is against the city, against the individual officer or <br /> employee, or against both. <br /> Coverage Limits for LMCIT's Baslc.Primary Liability coverage <br /> of 1 500 000 per occurrence matchiri the per- <br /> occurrence,liability coverage provides a litriit $ p � g p <br /> h statutory municipal tort liability limit, Beside the overall coverage limit of <br /> occurrence pact of the tat y p �' <br /> $1 500a per er occurrence,there are also annual aggregate limits,(that is, limits on the total amount <br /> of coverage for'the year regardless of the number of claims), for certain specific risks. Aggregate <br /> limits apply to the following; <br /> Products. $2,000,000 annually <br /> Failure to sl ly utilities $2,0002000 annually <br /> p <br /> EMF $2,000,000 annually <br /> Limited pollution* $2,000,000 annually <br /> Mold $2,000,000 annually <br /> Land use liti gation $1,000,000 annuall <br /> Em to ers liabilit work comp) $1,500,000 an <br /> nuall <br /> ;. <br /> sudden and accidental releases of pollutants; <br /> Includes <br /> herbicide and pesticide applicatiat; sewer ruptures,overflows <br /> More [nformatloli <br /> and backups; and lead and asbestos claims,Dredging or <br /> excavation claims are subject to a$250,000 sublimit, These [the <br /> more Information about land <br /> limits apply to both damages and defense costs. itigation coverage, please see <br /> pp Y <br /> Coverage is provided on a sliding scale percentage basis enema LMCiT Covera e far <br /> g p g p g aMwhich is based on pat�ticipatian in I,MCIT's online land use atlon Re l at i n to Land Use, l <br /> training. Coverage applies to both damages and litigation <br /> costs$ <br /> l <br /> • 3 <br /> LEAD U E OF MINNESOTA CITIES 1•15 uN[vr1ks1'rY AVE.WEST ('651)281-1200 r-Ax:(651)281-1298 <br /> 1 S Cl � N E TRUST S T ST� PAU L,IA N S510 3•�20.14 TOLL FREE-1(800)9 75-1122 <br />