CCR2007241.
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COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #241-2007
RESOLUTION TO APPROVE DEDUCTIBLE FOR
AUTO PHYSICAL DAMAGE POLICY WITH THE
STATE OF WISCONSIN PROPERTY INSURANCE FUND AND
APPROVE INSURING ALL CITY OWNED LICENSED VEHICLES
WHEREAS, the City of Muskego has auto physical damage coverage
(comprehensive and collision) with the State of Wisconsin Property Insurance Fund for
the City's licensed vehicles; and
WHEREAS, the Finance Committee has reviewed and taken action on a
recommendation regarding the deductible amount for this coverage and the City's
licensed vehicles that should be covered under the auto physical damage policy.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of
Muskego, upon the recommendation of the Finance Committee does hereby approve a
deductible of $15,000 for the auto physical damage policy.
BE IT FURTHER RESOLVED that all of the City's licensed vehicles should be
included for coverage in the auto physical damage policy.
DATED THIS 11th DAY OF December, 2007.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Bob Melcher
Ald. Neil Borgman
Ald. Keith Werner
This is to certify that this is a true and accurate copy of Resolution #241-2007 which
was adopted by the Common Council of the City of Muskego
11/2007jm
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CITY OF MUSKEGO
Reports and Presentations to Standing Committees of the Common Council (Finance, Public
Works and Public Utilities) And to Common Council..
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vo/ II~e:..') !..j, "']
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To: Common Council Strategic Goal #: (for future use)
From: Janice Moyer, Clerk-Treasurer
Presenter(s): Janice Moyer
Department(s): Clerk-Treasurer
Subject: Topic / Purpose for Presentation/Report to Committee or Council -
Auto physical damage coverage - which vehicles should be covered and consider a higher
deductible.
Date: November 29,2007
Background Information:
Since 2003 the City has had auto physical damage (collision and comprehensive) coverage
with the State of Wisconsin Property Insurance Fund. The deductible is currently $500. The
current coverage is replacement cost. Replacement cost means that all vehicles listed would
be replaced with a new vehicle with similar features if the vehicle was unable to be repaired
and was considered a total loss. The City has vehicles that date from a 1979 dump truck to
2008 police vehicles and trucks (see attached list). There are a total of 68 licensed vehicles,
with a total purchase price value of $3,121,691.
Key Issues of Consideration (Maximum of 5):
1. The premium for the auto physical damage could be reduced by 52% with a $10,000
deductible or reduced by 63% with a $15,000 deductible. Premium savings 2003-2007 if
the following deductibles had been used, insuring all vehicles for collision and
comprehensive:
. 10,000 deductible $71,353
. 15,000 deductible $86,446
2. Between 2003-2007, the amount paid by the Property Insurance Fund for auto physical
damage claims was $13,065. The City paid $3,000 in deductible. There were six claims,
the total paid was $16,065.
3. Annual aggregate limits the number of deductibles to 3 if the $10,000 or $15,000 deductible
option is chosen.
4. The 2008 premium for this coverage is $30,361 with a $500 deductible. $10,000 deductible
the premium would be $14,574 and $15,000 deductible the premium would be $11,234.
5. A summary of the insurance coverage the City elects is due by December 31. Deductible
amounts and the dollar total of vehicles to be covered are included in the summary.
Recommendation for Action by Committee and/or Council: Approve $15,000 deductible
for auto physical damage policy. Include all licensed vehicles for auto physical damage
coverage.
Date of Committee Action: November 27,2007
Planned Date of Council Action (if required): December 11, 2007
Total $ Needed: None
Fiscal Note(s): Savings in premium based on experience.
$ Budgeted:
$ Unbudgeted:
Expenditure Account(s) to Be Used:
. VEHICLE DATE
PURCHASED
n ----- --- ---------- - ----------- j_~!~Oshkosh Dump ,..ruc~__- -- 1985 MAC Truck
------ - ---- - ------------ ---- J_986 Che"y Truck
------ 1988 Ford Truck
- - -- ---------- 1989 Chevrolet Truck
---------- -
1992 GMC Truck (4WQL__--
1993 Ford Pick-Up_Truck_-
1995 Ford Econoline Van
----- -- -------- - - -
1995 Ford Truck
1996 IHC Truck
1996 IHC Truck
- - - ------- -- 1997 International 2554 Truck Nov. 1996
---------- -- - ------ 1~~!3_Q()cl9.e_Tru~_-
----------,--------- --. 1998 Equipment Trailer . 1998
-199S-FordCrown Victoria -----T ---------------------,--
------- - ---------- -1-- ------ - -
.
-
1iii-gR:~;~::rEiCk == =í=~~r", 19~:11
~~~~ 2~:~~-~~~~;U_~k--==~------_J~~_~ay, ~~9~_-
--
---
. t999_GMC 1/2 ,-oJ1_f'i9_k-_~f>_-
i----_____--i 1999 International Truck April, 1999 '
---- ----- --- - ----- -- -- - - ------------------ r-- _1JJ~9 International Trucki\pril, 1999
___I 2000 Ford F250 Pick-~p__- Jun~, 2000
-
!
2900 IHC Truck
- -
August~_~06
--- 2QOLCJ"1ev!()I~t'-r11paJé3-
-
___lY1arch, 2001_-
--
2001 Equipment Ir~ile-,"-__---- --2001
20Q'1lnte~national?55~J-ruck Sept. 2000
2002 poct.ge '3al!1_Iruc!...__- - - - --
february, 2002
2002 Ford Truck January, 2002
2002GMC
- -
-~=====~--~-~_OCT.~OÓ2-_~-
- - -- 2002 International Truck i July, 2001 :
ìl~~~~~~J~r ~ri~~'1~i1===
2003Ç_hevrolet 1"!l.J~~
u- - -
F~bruary,~QQ3-
.
2003E()r~Cro\Nl1~ictori~_____---- --- ---- May._~Q..9L_-
2003 Ford Expedition____- MÞ,RCH,2003
-- 2003_F()rd Pick-Up (F2_50)
--- - -
May.- 2003
2003 GMC Truck Feb. 2003
---- - ---------------- - - -______n__-- -
2003 GMC Truck Jan. 2003
--- - - ------------- ------- 2lJQ} International 7400 Truck ~ept. 200?
. 2004 GMC Truck April, 2004 .
2004 International 7400 Truck Au: 2003---!
------ - -----------
- ------- ,A.pril, 1989_~
-------- -
------ JUNE, 1995
--------
------
------ -
PURCHASE
PRICE
-------- 65,951
_~8,-Q..90
9,245
- _~5,9!~
14,133
21,250
_--_14,5~9
16,253
---.160,000
___1 07 ,3~~
107,345
J~ 150
27,094
------ 6,000
21,009
~_2,974
-
2~,~?Q
13,957
17,147
12,827
15,850
- - --- --------- 89,200
-
~~,~Q.Q
21,730
43,050
19,070
-
-~,OOQ
90,922
30,880
170,000
19,283
92,362
230,000
16,773
_J 6,687
1~,733
29,979
m_-
20,O~Q
25,162
26,604
- --___22,3?6
40,381
106,000
42,492
107,137
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VEHICLE DATE
PURCHASED
-------------- ---------------+-- 2005 Ford Expedition April, 2005
2005 Ford Crown-\7ictoria-------: --May, 2005
2005 Ford--Crown Vi~9--,"ié3
-
~~- -----L-- May, 2005--
~~~ l~E~~~;i;::~k -===~=t=-I~~'iË=
20Q9Qodge S~rinter- ~------ - --
u_~----- May,_~~O~_u
2006 Ford Ranger : Feb. 27, 2006
i! ~~~f~!~rU~k-~~~-=~--~t~r~:..
2007_Cbevrolet Tru~____-- -
S~f>L~OOL-
-
2QO?_Equip_r1'1_~nt Trailer March 2007
2007 Ford Crown Victoria Feb. 2007
- -- ---------------- 2007ford Crown Vict2!~_- Feb, 2007
2007 Ford Crown Victoria Feb. 2007
-------- - --------- ---- 2007 Internatiional Truck Jan. 2007
----- --------- - -- ----------- 2008 Ford Crown Victoria
------_u_-
~LJly,~Q..Q7__-
'?QQ.~_Ford- C_æ~n V}ctoria___- -
July,~OO?-
2008 Fs>rd Crown Victoria July, 2Q()'7
2008 Ford Pick-UEIr!J_cl<__- -L - -~é!~, 20Q?
20Q~ Inl~J1~tio_n~1 Truck
--- _Ma~, ?QQ?_--
------------------------ ---- ------- Total
------------- -----
PURCHASE
PRICE
- ---- -------- -- 25,641
- -- ---- 20,639
20,162
---- 26,450
---- n
1~,QQO
20,000
17,836
31 ,293
13,195
---- - -- --- 22,047
14,628
--
_100,~94
22,402
4,500
-----
20,6.~~
- - _____20,624
_n
2~_!~24
101,QOQ
-- ~,~14
- ------
20,614
20,614
31 ,145
108,000
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3,121,691