The URL can be used to link to this page

Browse Search

Home My WebLink About20240682.tiffCcn4vueH btl--19 SZ BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW PASS -AROUND TITLE: Weld County Drone Insurance Quote Approval DEPARTMENT: Human Resources DATE: March 20, 2024 PERSON REQUESTING: Michelle Raimer, Kelly Leffler Brief description of the problem/issue: On March 20th, Weld County received an updated Unmanned Aircraft Carrier insurance quote from AJG, due to eight new drones being placed on the policy. The previous quote was approved during The March 20th Board Meeting, accepting the proposed $10,459 policy. Human resources is now asking the Board of County Commissioners to review the new quote of $15,147 to insure all 22 of Weld County drones. If this updated quote is accepted, the Quote letter needs to be completed by checking both accept bones on page 18 and providing a signature on page 19. What options exist for the Board? The Board can agree to renew this Drone coverage to assure that if a drone needs to be serviced the unit would be covered by insurance, or the board can accept the risk of not having the drones owned by Weld County insured. Consequences: If the drones are not covered by insurance, a county owned drone may not be able to receive services needed to keep it operable due to cost of the repair. If quote is approved, county owned drones will be able to receive repairs needed. Impacts: If a drone is unable to be repaired, services typically provided by the county via drone, might not be able to be completed. Costs (Current Fiscal Year / Ongoing or Subsequent Fiscal Years): The annual cost of the drone coverage did increase 5%, the coverage that is expiring was $8.859 annually, the original renewal option increased to $10,459. With the addition of 8 drones, the coverage will be $15,147. The 5% increase is not just for Weld County coverage, a mandatory change Global Aerospace is doing for all policyholders due to the number of claims nationwide. Recommendation: It is recommended that the BOCC approve the renewal quote to maintain Drone coverage and complete page 18 and 19 of the Drone Quote Letter. Support Recommendation Schedule Place on BOCC Agenda Work Session Other/Comments: Perry L. Buck, Pro -Tern Mike Freeman Scott K. James enyiecta eey. unwi+- &(?).) as/O2 3/15/Z � ZZ4 oo8L s0004S � 0030 Kevin D. Ross , ChE it Lori Saine K Via ernw( Karla Ford From: Sent. To: Subject. yes Lori Same Weld County Commissioner, District 3 1150 O Street PO Box 758 Greeley CO 80632 Phone 970-400-4205 Fax 970-336-7233 Email IsaineC01weideov corn Website www co weld co us In God We Trust Lori Same Wednesday, March 20, 2024 3 51 PM Karla Ford �, RE Please Reply - HR 24-25 Weld County_Drones_Revised quote and proposal letter 3/27/2024 Confidentiality Notice This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited From. Scott James <sjames@weld gov> Sent: Wednesday, March 20, 2024 2 36 PM To• Karla Ford <kford@weld gov> Cc. Lori Same <Isaine@weld gov> Subject: Re Please Reply - HR 24-25 Weld County_Drones_Revised quote and proposal letter 3/27/2024 Approve ** Sent from my Phone ** 41 • -f ,„Proposal of Insurance Weld County, Colorado Ir P.O. Box 758 1150 "O" Street Greeley. CO 80632 Presentation Date: March 27. 2024 Effective Date: March 27, 2024 Jeff Kassal Producer ►rthur J Gallagher Risk Management Services, LLC 6300 South Syracuse Way Suite 700 Centennial CO 80111 (303) 889 2530 Jeff Kassal(aIajq.com AJG License Nos. IL 100292093 / CA OD69293 Insurance --eare_ 4:•••7000000001 jee Orel I II I 11 nal aSCSI rni a litiPasavamii Awl s'ests re"CaNu4ass %kik 11114b. - Gallagher Risk Management Consulting 02002-D(c.YZ .41. Gallagher 41.11 CORE 360 2 4CM' Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Proposal Summary We appreciate the opportunity to quote your business insurance. This proposal is a summary of policy terms and conditions. • We have been able to achieve renewal goals by negotiating your renewal with the incumbent carrier. This proposal provides coverage highlights along with the attached carrier quotations for the following ccverages: • Unmanned Aircraft Systems It is recommended that you consider purchasing coverage for the following, which are not included in your insurance program: • Flood • Cyber Liability We are not aware of any changes in your exposures to loss, nor are we aware of any changes in your business operations that would necessitate additional coverage options. Please notify us immediately if you are planning any new business operations. The values and schedules are per the expiring policy or the information you have previously provided. It is your responsibility to notify us of all necessary changes to your schedules Information contained in this proposal is intended to provide a brief overview of coverages. It should be Lsed for reference purposes only. It is not intended to provide a full list of policy exclusions, limitations, and conditions. The provided quotes should be reviewed for further details. Coverage afforded to you is subject to all terms. conditions, and exclusions of the bound and issued policies. To Bind Coverage: Please refer to the attachment document titled, "Client Authorization to Bind Coverage": • Note any changes you desire to be made • Place a check mark next to the coverage(s) you wish to accept • Date and Sign • Return prior to the effective date of coverage Thank you for allowing Gallagher to service your insurance needs. We appreciate your business and look forward to working with you in the coming year. Please contact me if you have any questions. Sincerely, N outhcm Kcal/ Nathan Kathol Client Service Associate Enclosure Gallagher Insurance ' Risk Management I Consulting 3 Gallagher Insurance I Risk Management J Consulting Weld County, Colorado Premium Summary The estimated program cost for the options are outlined in the following table: LineoCoverage IMF Expiring illirRenewal Option American AlternativPli Insurance Corporatio American Alternative Insurance American Commerc Corporation Insurance Compan- _ - American Commerce Insurance Company 4 National Indemni National Indemnity Company Company Tokio Marine America Insurance Tokio Marine Ameri . Company Insuran.cQ Company Premium $8,859.00 $15,147.00 Estimated Cost* $15,147.00 Unmanned Systems Aircraft Change ($) Change (%) Total Cost $81859.00 $15,147.00 *Estimated Cost includes all taxes, fees, surcharges and TRIA premium (if applicable) Premiums are due and payable as billed and may be financed. subject to acceptance by an approved finance company. Following acceptance, completion (and signature) of a premium finance agreement with the specified down payment is required. Note: Unless prohibited by law Gallagher may earn compensation for this optional value-added service. Gallagher is responsible for the placement of the following lines of coverage: Unmanned Aircraft Systems, Bond and Workers' Compensation. It is understood that any other type of exposure/coverage is either self -insured or placed by another brokerage firm other than Gallagher. If you ieed help in placing other lines of coverage or covering other types of exposures, please contact your Gallagher representative. Named Insured Name' insure i. Unmanned Aircraft Systems Weld County, Colorado Weld County 1 X X Note: Any entity not named in this proposal may not be an insured entity. This may include affiliates, subsidiaries, LLCs, partnerships, and joint ventures. 4 Gallagher Insurance I Risk Management f Consulting Weld County, Colorado Market Review We approached the following carriers in an effort to provide the most comprehensive and cost effective insurance program. Line Of Coverage Unmanned Aircraft Systems Insu ce Company ** (AM B = st Rate/Financial Strength) American Alternative Insurance Corporation (A+ XV) American Commerce Insurance Company (A XV) National Indemnity Company (A++ XV) Tokio Marine America Insurance Company (A++ XV) Market Response * Admitted *** Quoted Admitted *If shown as an indication, the actual premium and acceptance of the coverage requested will be determined by the market after a thorough review of the completed application. **Gallagher companies use AM Best rated insurers and the rating listed above was verified on the date the proposal document was created. Best's Credit Ratings TM reproduced herein appear under license from AM Best and do not constitute, either expressly or impliedly. an endorsement of Gallagher's service or its recommendations. AM Best is not responsible for transcription errors made in presenting Best's Credit RatingsTM. Best's Credit RatingsTM are proprietary and may not be reproduced or distributed without the express written permission of AM Best. A Best's Financial Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. It is not a warranty of a company's financial strength and ability to meet its obligations to policyholders. Best's Credit RatingsTM are under continuous review and subject to change and/or affirmation. For the latest Best's Credit RatingsTM and Guide to Best's Credit Ratings, visit the AM Best website at http://www.ambest.com/ratings. ***If coverage placed with a non -admitted carrier, it is doing business in the state as a surplus lines or non -admitted carrier, and is neither subject to the same regulations as an admitted carrier nor do they participate in any state insurance guarantee fund. Gallagher companies make no representations and warranties concerning the solvency of any carrier, nor does it make any representation or warranty concerning the rating of the carrier which may change. 5 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Coverage Highlights manned Aircraft t .cr. ., e_1ms _ . _ Recommended Quote ._�.� - Carrier Inforrration American American National Tokio Marine Indemnity Alternative Commerce America Insurance Company Insurance Insurance Corporation Company Company Payment Plar 100% of the Annual Premium Due on Inception Payment Metl' od Annual Unmanned Ai craft Systems Premium $15,147.00 Terrorism — T ZIA Included Estimated Ccst $15,147.00 Exposure Drones Auditable / FrEquency n/a Expenses for Jiedical Services $5.000 each occurrence Aviation Liability Persc nal And Advertising Injury $1,000,000 each occurrence/aggregate Fire Legal Lia )ility _ $100,000 each occurrence Significant form/endorsenents. po cy endorsements include, but are not limited to, those listed on the attached quote/policy Significant form/endorsements. po cy exclusions include, but are not limited to, those listed on the attached quote/policy _ :. s+ , American Altrnative Insurance Corporation 59.24% American Conmerce Insurance Company : 10.00% National Indemnity Company : 18.39% Tokio Marine .America Insurance Company : 12.37% Aircraft Schedule FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use 77906080202 I-YLIO 1-G210 X323 C+0 LAS 1ZNBJAJO0C0033 DJI INNOVATIONS MATRICE 300 RTK 2022 0+0 UAS OAXDE1 GQA3099 DJI INNOVATIONS PHANTOM 4 PRO 2022 0+0 UAS 07JDDCU00100UK 1581F5FJD241600DXR84 DJI INNOVATIONS DJI INNOVATIONS PHANTOM 4 2022 0+0 UAS MAVIC 3T 0+0 UAS 6 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Inception Unit Date March 2024 27, March 27, 2024 March 27, 2024 March 27, 2024 March 27. 2024 Hull Hull Hull Premium Value Rate $18,000 10.17325 $1,831 $26,000 8.36232 $2,174 $5;500 7.9361 $437 $1.599 7.926 $127 $3,628 7.926 $287 Hull Rate Hull Premium War War Included Included Included Included Included Liability Limit Passenger Liability Liability Premium $1.000,000 Excluded $391 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger War Liability Included Included Included Included Included Third Party Limit Third Party Basis Third Party Premium War War War Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000.000 Aggregate Included $1,000,000 Aggregate Included $1.000.000 Aggregate Injury Injury Personal Limit Personal Premium $1,000,000 Included Included $1,000,000 Included $1,000,000 Included $1,000.000 Included $1,000,000 Medical Limit Medical Premium Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 In Deductible Deductible Not Motion Motion In 15% 15% 10% 10% 10% 10% 10% 10% 10% 10% Total Annual Premium $2,222 $2,500 $763 $453 $613 7 Gallagher insurance I Risk Management I Consulting Weld County, Colorado FAA Numbe r Serial Numbe r Aircraf t Aircraf t Model Aircraf t Seats Crew Passe nger Use Unit Incepti on Date Make Year + 158- 00D4C56 DJI MAVIC 0+0 UAS March INNOVATIONS F5FJD242416 27, 3T 2024 1581 00301B3 DJI INNOVATIONS AVATA 0+0 UAS March F4QWB232M 27, 2024 1581F4QWB232M 00300XL DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 1581 00300KT DJI INNOVATIONS AVATA 0+0 UAS March F4QWB2385 , 27, 2024 1581 00301 DJI INNOVATIONS AVATA 0+0 UAS March F4QWB232M YD 27, 2024 Hull Value Hull Rate Hull Premiu m $3,628 7.925 $287 $629 9.138 $58 $629 9.138 $58 $629 9.138 $58 $629 9.138 $58 Hull War Rate Hull War Premiu m Included Included Included Included Included Liabilit y Passe nger Liabilit Y Liabilit Y Premiu m Limit $1,000;000 Excluded $326 $1,000,000 Excluded $326 $1.000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passe nger War Liabilit Y Included Included Included Included Included Third Party $1,000,000 $1,000.000 $1.000.000 $1,000,000 , $1.000.000 8 Weld County, Colorado War Limit Third Party War Basis Third Party War Premiu Aggregate Included Included Aggregate Included Aggregate Included Aggregate Included Aggregate m Person al Injury Limit Person al Injury Premiu $1,000,000 Included Included $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 m I I Medica Medica Premiu m Limit Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 ible ible Deduct Motion Deduct Not Motion In In 10% 10% 10% 10% I 10% 10% 10% 10% I10% 10% Total Annual Premiu m $613 $384 $384 $384 $384 FAA Number FA3A34C7A Serial Aircraft Number Make INNOVATIONS FA33N43NNR DJI INNOVATIONS FA3AC9E7A3 DJI INNOVATIONS FA3A33WLXR DJI FA3A33YH3K DJI INNOVATIONS DJI INNOVATIONS Aircraft Model MINI 3 PRO MAVIC 3M MAVIC 3T AIR 3 AIR 3 Aircraft Year 2023 2023 2024 2024 2024 9 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Seats Passenger Use Unit Date Inception Crew + 0+0 UAS March 27, 2024 'rte 0+0 UAS March 27, 2024 0+0 UAS March 27, 2024 0+0 UAS March 27, 2024 0+0 UAS March 27, 2024 Hull Hull Hull Value Rate Premium $1,200 7.926 $95 $5,500 7.9361 $437 $5,500 7.9361 $437 $1,500 7.926 $119 $1,500 7.926 $119 Hull Hull Premium War Rate War Included Included Included Included Included Liability Passenger Liability Liability Premium Limit $1,000,000 Excluded $326 $1,000.000 Excluded $326 $1.000.000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger Liability W it Included Included Included ' Included Included Third Limit Third Basis Third Premium Party Party Party War War War Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000.000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Personal Limit Personal Premium Inju Inju y y $1,000,000 Included I Included $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 Medical Medical Premium Limit Included $5,000 Included $5,000 Included $5.000 Included $5,000 Included $5,000 In Deductible Motion Deductible Motion In Nct 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% Total Premium Annual $421 $763 $763 $445 $445 FAA Number 6PSP211164 CZI Serial Aircraft Numbe Make FA3E7AARTL PARROT FA3E7AEMXC PARROT FA3AW7A9HM TELEDYNE 1 W9DJ7H00103WY DJI 10 Gallagher Insurance ! Risk Management I Consulting Weld County, Colorado Aircraft Model ANAFI ANAFI SIRAS ZENMUSE H2OT GIMBAL SPOTLIGHT GL60 PLUS Aircraft Year 2020 2020 2020 Seats Crew + 0+0 0+0 0+0 0+0 0+0 Passenger Use UAS UAS UAS UAS UAS Unit Inception March 27, 2024 March 27, 2024 March 27, 2024 March 27, 2024 March 27, 2024 Date .. __ Hull Value Not Covered Not Covered $9,700 $14.000 $2,199 Hull Rate 8.736222 10.7843 9.751939 Hull Premium $847 $1,510 $214 Hull War Rate Hull War Not Covered Not Covered Included Included Included Premium Liability Limit $1,000;000 $1.000.000 $1,000,000 Not Covered Not Covered Passenger Excluded Excluded Excluded Liability Liability $326 $326 $352 Premium Passenger War Included Included Included Included Included Liability Third Party $1,000,000 $1,000,000 I $1,000,000 Not Covered Not Covered War Limit Third Party Aggregate Aggregate Aggregate War Basis Third Party Included Included Included War Premium Personal Injury $1,000;000 ' $1.000,000 $1,000,000 $1,000,000 $1,000,000 Limit Personal Injury Included Included Included Included Included Premium Medical Limit $5,000 $5,000 $5,000 $5,000 $5,000 Medical Included Included Included Included I Included Premium Deductible In Not Applicable Not Applicable 10% 10% 10% Motion Deductible Not Not Applicable Not Applicable 10% 10% 10% In Motion Total Annual $326 $326 $1,199 $1,510 $214 Premium 11 Gallagher Insurance ! Risk Management I Consulting Weld Coy nty, Colorado FAA Serial Aircraft Aircraft Aircraft Seats Passenger Use Unit Number Inceptioi Crew Number Make- Model Year + Date 4LFCL5F005FX00 DJI RC 0+0 UAS March PLUS 27, 2024 NON LIABILITY ANY AIRCRAFT SYSTEM DOES 0+0 UAS March -OWNED UNMANNED NOT 27, THAT 2024 Coverage Totals Hull Hull Hull Value Rate Premium $1.600 2.19728 $35 Not Covered $103,570 $9,188 Hull Hull War Rate War Premium - Included Not Covered Liability Passenger Liability Limi Liability Pren Not Covered Included $1,000.000 Excluded $5,959 ium Passenger Liability War Included Included Third Limit Third Basis Third Premium Party V ar Party VA ar Party VVar Not Covered Included $1,000,000 Aggregate Personal Personal Premium Injury Injury Limit $1,000,000 Included Included $1,000.000 Medical Medical Limit Premium Included $5,000 I Included $5,000 Deductible Deductible Motion In N )t Motion In 10% 10% Not Not Applicable Applicable Total Premium Annual $35 $0 12 , ) Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Claims Reporting By Policy Immediately report all claims. Each insurer requires notice of certain types of claims depending on the potential exposure or particular injury types. It is important to thoroughly review your policy to ensure you are reporting particular incidents and claims; based upon the insurers policy requirements. If you are using a third party administrator ("TPA"), your TPA may or may not report claims to an insurer on your behalf. Although we will assist you where requested, it is important that you understand whether your TPA will be completing this notification. Reporting Direct to Carrier [Only When Applicable] Coveri• e s Unmanned • Frcraft S stems , Immediately report claims directly to: Insurer: American Alternative Insurance Corporation Policy Term: 03/27/2024 — 03/27/2025 Insurer/TPA Name: American Alternative Insurance Corporation Phone: 888-729-2242 Fax: 609-243-4558 Email: Clmsins(c�munichreamerica.com VVeb:http://www.americanalternativeinsurancecorporatio n.com/en.html Covera • e(s : Unmanned Aircraft S stems . Immediately report claims directly to: Insurer: American Commerce Insurance Company Policy Term: 03/27/2024 — 03/27/2025 Insurer/TPA Name: American Commerce Insurance Company P hone: 877-224-5677 Fax: 508-949-9530 Email: Web: https://mcr.mapfreinsurance.com/claims/#/ReportClaim Covera • e s): U Insurer: National Indemnity Company nned Aircraft Systems Immediatel eport cl .. 'ms directly to: Policy Term: 03/27/2024 - 03/27/2025 Insurer/TPA Name: National Indemnity Company P hone: 800-356-5750 Fax: 402-916-3031 Email: claims(c�nationalindemnity.com Web: https://www.nationalindemnity.com/# Coverage(s): nmanned Aircraft Systems. Insurer: Tokio Marine America Insurance Company Policy Term: 03/27/2024 — 03/27/2025 Immediately report claims directly to: Insurer/TPA Name: Tokio Marine America Insurance Company P hone: 877-567-7486 Fax: Email: claims@actec.net Web: https://tmamerica.com/claims/Default.aspx Reporting to Gallagher or Assistance in Reporting Coverage s): Unmanne Aircra ' Systems mediatel report claims directly to: Gallagher Claim Center Policy Term: 03/27/2024 — 03/27/2025 Phone: 855 497-0578 Fax: 225-663-3224 Email: pgb.nrcclaimscenter(a�ajg.com 13 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Proposa Disclosures The following di closures are hereby made a part of this proposal. Please review these disclosures prior to signing the Client Authorization to Bind or e-mail confirmation. Proposal Discl-rimer IMPORTANT: The proposal and/or any executive summaries outline certain terms and conditions of the insurance proposed by the insurers, used on the information provided by your company. The insurance policies themselves must be read to fully understand the terms, coverages, Exclusions including but not limited to:. limitations and/or conditions of the actual policy contract c insurance. Policy forms will be made available upon request. We make no warranties with respect to policy limits or ©verage considerations of the carrier. Compensation Disclosure 1. Gallagher Co npanies are primarily compensated from the usual and customary commissions. fees or, where permitted; a combination of both; for brokerage and servicing of insurance policies, annuity contracts, guarantee contracts and surety bonds (collectiv-ly "insurance coverages") handled for a client's account. which may vary based on market conditions and the insurance product placed for the client. 2. In placing, rek ewing, consulting on or servicing your insurance coverages. Gallagher companies may participate in contingent and Supplemental commission arrangements with intermediaries and insurance companies that provide for additional comp tnsation if certain underwriting; profitability. volume or retention goals are achieved. Such goals are typically based on the to -al amount of certain insurance coverages placed by Gallagher with the insurance company. not on an individual policy basis. As a result, Gallagher may be considered to have an incentive to place your insurance coverages with a particulannsurance company. If you do not wish to have your commercial insurance placement included in consideration fo additional compensation, contact your producer or service team for an Opt -out form. 3. Gallagher Co npanies may receive investment income on fiduciary funds temporarily held by them; or from obtaining or generating prerr um finance quotes. unless prohibited by law. 4. Gallagher Co npanies may also access or have an ownership interest in other facilities, including wholesalers, reinsurance inte mediaries. captive managers, underwriting managers and others that act as intermediaries for both Gallagher and or -her brokers in the insurance marketplace some of which may earn and retain customary brokerage commission anc fees for their work. If you have spec fic questions about any compensation received by Gallagher and its affiliates in relation to your insurance placements. ple ise contact your Gallagher representative for more details. TRIA/TRIPRA Gsclaimer If this proposal ©ntains options to purchase TRIA/TRIPRA coverage. the proposed TRIA/TRIPRA program may not cover all terrorism losses While the amendments to TRIA eliminated the distinction between foreign and domestic acts of terrorism; a nun -per of lines of coverage excluded under the amendments passed in 2005 remain excluded including commercial autcmobile, burglary and theft insurance; surety insurance, farm owners multiple perils and professional liability (although directc rs and officers liability is specifically included). If such excluded coverages are required, we recommend that you considc purchasing a separate terrorism policy. Please note that a separate terrorism policy for these excluded coverages may 'e necessary to satisfy loan covenants or other contractual obligations. TRIPRA includes a $100 billion cap on insurers' agg egate liability. TRIPRA is set tc expire on December 31, 2027. There is no certainty of extension, thus the coverage provided by your insurers may or nay not extend beyond December 31, 2027. In the event you have loan covenants or other contractual obligations requ eing that TRIA/TRIPRA be maintained throughout the duration of your policy period. we recommend that a separate ""Stant Alone"" terrorism policy be purchased to satisfy those obligations. Property Estimator Disclaimer These property •clues were obtained using a desktop Property Estimator software operated by non -appraisal professionals. These property -alues represent general estimates which are not to be considered a certified appraisal. These property values include c neralities and assumptions that may produce inaccurate values for specific structures. Terms and Corditions 14 Gall. gher Insurance I Risk Management I Consulting Weld County, Colorado It is important that we clearly outline the nature of our mutual relationship. The following terms and conditions (these "Terms") govern your relationship with Gallagher unless you have separately entered into a written services agreement with Gallagher relative to the policies and services outlined in this Proposal, in which case that services agreement will govern and control with respect to any conflicts with these Terms. These Terms will become effective upon your execution of the Client Authorization to Bind Coverage (the "CAB") included in this Proposal and shall survive for the duration of your relationship with Gallagher relative to the policies placed pursuant to the CAB or otherwise at your request. Services Gallagher will represent and assist you in all discussions and transactions with insurance companies relating to the lines of insurance coverage set forth in the CAB and any other lines of insurance coverage with which you request Gallagher's assistance. Gallagher will consult with you regarding any matters involving these or other coverages for which you have engaged Gallagher. You have the sole discretion for approving any insurance policies placed, as well as all other material decisions involving your risk management, risk transfer and/or loss prevention needs. Although you are responsible for notifying applicable insurance companies directly in connection with any claims, demands, suits, notices of potential claims or any other matters as required by the terms and conditions of your policies, Gallagher will assist you in determining applicable claim reporting requirements. Treatment of Information Gallagher understands the need to protect the confidentiality and security of your confidential and sensitive information and strives to comply with applicable data privacy and security laws. Your confidential and sensitive information will be protected by Gallagher and only used to perform services for you; provided that Gallagher may disclose and transfer your information to our affiliates, agents or vendors that have a need to know such information in connection with the provision of such services (including insurance markets, as necessary, for marketing, quoting, placing and/or servicing insurance coverages). We may also disclose such information as required by applicable data protection laws or the order of any court or tribunal, subject to our providing you with prior notice as permitted by law. We will (i) implement appropriate administrative, physical and technical safeguards to protect personal information; (ii) timely report security incidents involving personal information to affected parties and/or regulatory bodies; (iii) create and maintain required policies and procedures; and (iv) comply with data subjects' rights, as applicable. To the extent applicable under associated data protection laws, you are a "business" or "controller" and Gallagher is a "service provider" or "data processor." You will ensure that any information provided to Gallagher has been provided with any required notices and that you have obtained all required consents, if any and where required, or are otherwise authorized to transfer all information to Gallagher and enable Gallagher to process the information for the purposes described in this Proposal and as set forth in Gallaher's Privacy Policy located at https://www.a q.com/privacy-policy/. Gallagher may update its Privacy Policy from time to time and any updates will be posted to such site. Dispute Resolution Gallagher does not expect that it will ever have a formal dispute with any of its clients. However, in the event that one should arise, we should each strive to achieve a fair, expedient and efficient resolution and we'd like to clearly outline the resolution process. A. If the parties have a dispute regarding Gallagher's services or the relationship governed by this Proposal ("Dispute"). each party agrees to resolve that Dispute by mediation. If mediation fails to resolve the Dispute. you and Gallagher agree to binding arbitration. Each party waives all rights to commence litigation in court to resolve a Dispute, and specifically waives all rights to pursue relief by class action or mass action in court or through arbitration. However, the parties do not waive the ability to seek a court order of injunction in aid of the mediation and arbitration required by these Terms. B The party asserting a Dispute must provide a written notice ("Notice") of the claim to the other party and to the American Arbitration Association ("AAA") in accordance with its Commercial Arbitration Rules and Mediation Procedures. All Dispute resolutions will take place in Chicago, IL. unless you and Gallagher agree to another location. The parties will equally divide all costs of the mediation and arbitration proceedings and will each pay their own attorneys' fees. All matters will be before a neutral. impartial and disinterested mediator or arbitrator(s) that have at least 20 years' experience in commercial and insurance coverage disputes. C. Mediation will occur within sixty (60) days of filing the Notice with the AAA. Mediation results will be reduced to a memorandum of understanding signed by you, Gallagher and the mediator. A Dispute that is not resolved in mediation will commence to binding arbitration. For Disputes in excess of $500,000, either party may elect to have the Dispute heard by a panel of three (3) arbitrators. The award of the arbitrator(s) must be accompanied by a reasoned opinion 15 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado prepared a d signed by the arbitrator(s). Except as may be required by law, neither you, Gallagher, nor a mediator or arbitrator nay disclose the existence, content or results of any Dispute or its dispute resolution proceeding without the prior writter consent of both you and Gallagher. Electronic Deli' ery In lieu of receivi g documents in paper format. you agree, to the fullest extent permitted by law, to accept electronic delivery of any documents that Gallagher may be required to deliver to you (including, but not limited to, insurance policies and endorsements account statements and all other agreements, forms and communications) in connection with services provided by Gallagher. Esctronic delivery of a document to you may be made via electronic mail or by other electronic means, including posting docume is to a secure website. Miscellaneous -erms Gallagher is engaged to perform services as an independent contractor and not as your employee or agent. and Gallagher will not be opera ing in a fiduciary capacity. Where applicab a, insurance coverage placements and other services may require the payment of federal excise taxes, surplus lines taxes, stamping or other fees to the Internal Revenue Service. various State(s) departments of revenue, state regulators, boar s or associations. In such cases, you will be responsible for the payment of the taxes and/or fees. which Gallagher will separately identify on related invoices. The Proposal ar-J these Terms are governed by the laws of the State of Illinois, without regard to its conflict of law rules. If an arbitrator/curt of competent jurisdiction determines that any provision of these Terms is void or unenforceable, that provision will be severed, and the arbitrator/court will replace it with a valid and enforceable provision that most closely approximates th , original intent, and the remainder of these Terms will remain in effect. Except to the e :tent in conflict with a services agreement that you may enter into with Gallagher. these Terms and the remainder of the Proposal constitute the entire agreement between you and Gallagher with respect to the subject matter of the Proposal. ar-i supersede all prior negotiations. agreements and understandings as to such matters. 16 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Bindable Quotations & Compensation Disclosure Schedule Client Name: Weld County, Colorado Coverage Insurance Company aa a asa Wholesaler, MGA, or Est. Annual Intermediary Premium2 Name' Comm. % or Fee' Gallagher U.S. Owned Wholesaler, MGA, or Intermediary % and/or Fee Unmanned Aircraft Systems American Alternative Insurance Corporation American Commerce Insurance Company National Indemnity Company Tokio Marine America Insurance Company N/A $15,147.00 0% 1 We were able to obtain more advantageous terms and conditions for you through an intermediary/ wholesaler. 2 If the premium is shown as an indication: The premium indicated is an estimate provided by the market. The actual premium and acceptance of the coverage requested will be determined by the market after a thorough review of the completed application. * A verbal quotation was received from this carrier. We are awaiting a quotation in writing. 3 The commission rate is a percentage of annual premium excluding taxes & fees. * Gallagher is receiving % commission on this policy. The fee due Gallagher will be reduced by the amount of the commissions received. 17 15% tftt, Gallagher Insurance Risk Management I Consulting Weld County, Colorado Client Authorization to Bind Coverage After careful consideration of Gallagher's proposal dated 03/27/2024. we accept the following coverage(s). Please check the desired coverage(s) and note any coverage amendments below: Coverage/Carrier TRIA Description/Major Differences Accept Reject Unmanned American Corporation American Company National Tokio Company Marine y Indemnity Alternative Commerce Aircraft America Systems Insurance Company Insurance Insurance Accept $15,147.00 TRIA ( In (I ncluded) cuded ) • ❑ Reject *For this coverage, TRIA cannot be rejected Additional Recommended Coverages Gallagher recommends that you purchase the following additional coverages for which you have exposure. By checking the box(es) below, you are requesting that Gallagher provide you with a Proposal for this coverage. By not requesting a Proposal for this coverage, you assume the risk of any uncovered loss. ❑ Cyber Liability Flood The above coverage(s) does not necessarily represent the entirety of available insurance products. If you are interested in pursuing additional coverages other than those listed in the Additional Recommended Coverages, please list below: Other Services to Consider Yes ❑ No - CORE360TM STEP ❑ Yes No — eRiskHub Exposures and Values You confirm the payroll, values, schedules, and any other information pertaining to your operations. and submitted to the underwriters, were compiled from information provided by you. If no updates were provided to Gallagher, the values, exposures and operations used were based on the expiring policies. You acknowledge it is your responsibility to notify Gallagher of any material change in your operations or exposures. 18 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Additional Terms and Disclosures Gallagher is not an expert in all aspects of your business. Gallagher's Proposals for insurance are based upon the information concerning your business that was provided to Gallagher by you. Gallagher expects the information you provide is true, correct and complete in all material respects. Gallagher assumes no responsibility to independently investigate the risks that may be facing your business, but rather have relied upon the information you provide to Gallagher in making our insurance Proposals. Gallagher's liability to you arising from any of Gallagher's acts or omissions will not exceed $20 million in the aggregate. The parties each will only be liable for actual damages incurred by the other party, and will not be liable for any indirect, special, exemplary, consequential, reliance or punitive damages. No claim or cause of action, regardless of form (tort, contract, statutory, or otherwise), arising out of, relating to or in any way connected with the Proposal, any of Gallagher's services or your relationship with Gallagher may be brought by either party any later than two (2) years after the accrual of the claim or cause of action. Gallagher has established security controls to protect Client confidential information from unauthorized use or disclosure. For additional information, please review Gallagher's Privacy Policy located at https://www.ajg.com/privacy-policy/. You have read, understand and agree that the information contained in the Proposal and all documents attached to and incorporated into the Proposal, is correct and has been disclosed to you prior to authorizing Gallagher to bind coverage and/or provide services to you. By signing below, or authorizing Gallagher to bind your insurance coverage through email when allowed, you acknowledge you have reviewed and agree with terms, conditions and disclosures contained in the Proposal. By: Perry L. Buck, Chair Pro-Tem, Board of Weld County Commissioners Print Name (Specify Title) Weld County, Colorado Date: Signature 19 012aWstal8C2 Gallagher Insurance I Risk Management I Consulting GLOBAL AEROSPACE Morris Plains, NJ Underwriter: Telephone: Fax: Email: UASUS Underwriter 973 490 8500 973 490 5640 unmannedsubmissions@global-aero.com Quote No: Quote Date: Q512668 March 18, 2024 Quotation is valid until March 27, 2024 Applicant: WELD COUNTY 1150 O STREET GREELEY, CO 80631 Producer: Contact: ARTHUR J GALLAGHER RISK MANAGEMENT SERVICES, INC. 300 ST. PETERS CENTRE BLVD., SUITE 200 ATT: AEROSPACE/OR AVIATION ST. PETERS, MO 63376 KATIE ESCALANTE Coverage Dates: From: March 27, 2024 To: March 27, 2025 This insurance shall commence and cease on the dates shown at 12:01 A.M. local time at the address of the Applicant Insurance Quote Aviation Insurance Policy Unmanned Aircraft Systems (UAS Policy Form) Insurance applies to the insured's declared use of aircraft described in the attached schedule. See the policy form and any accompanying endorsements for complete coverage details. The attached schedule also contains the rated exposures and premiums for each aircraft. PLEASE NOTE: The following separate licensed insurers, whose liability is several and not joint, provide the insurance afforded by policies issued through Global Aerospace, Inc. American Alternative Insurance Corporation Wilmington, Delaware American Commerce Insurance Company Columbus, Ohio National Indemnity Company Omaha, Nebraska Tokio Marine America Insurance Company New York, New York 59.24% 10.00% 18.39% 12.37% Quote No: O512668 Page 1 Coverages) and Limit(s): Part 1 - Liability Coverage A - Bodily Injury and Property Damage Liability 1. Each Occurrence Limit: See Aircraft Schedule 2. Each occurrence sub -limit and deductible applicable to damaged property: Damage to Cargo Limit: NIL rapt" rinhi irtihlP- NIP The sub -limit described above is part of and not in addition to the Each Occurrence Limit. 3. Supplementary payment limits for emergencies and search and rescue operations related to scheduled aircraft: (a) NIL is the most we will pay for expenses incurred under an emergency condition for: (1) Application of foam on a runway; (2) Fire and crash control and rescue; or (b) The lesser of NIL or the insured value of the scheduled aircraft is the most we will pay for repositioning expenses incurred following a landing made under emergency conditions at a location where a safe takeoff cannot be made. (c) NIL is the most we will pay for expenses incurred for search and rescue operations. Part 2 - Physical Damage Coverage B - Physical Damage to Scheduled Aircraft (a) Subject to Paragraph (b) below, the limit of insurance for a scheduled aircraft is its insured value, less any applicable deductible. (b) The insured value of any newly acquired aircraft or any scheduled aircraft modified during the policy period is subject to the Maximum Insured Value Limit which shall be the highest insured value of any scheduled aircraft insured at the time such newly acquired aircraft is acquired or such modified scheduled aircraft is modified. Endorsements: E041 Electronic Data Event Liability Exclusion A121 Additional Insured A125 Amendment of Defined Terms C022 Limited Liability War Exclusion Limited Coverage C023 Limited Physical Damage War Exclusion Limited Coverage C025 Electronic Date Recognition Exclusion Limited Coverage C036 Expenses for Medical Services C039 Liability for Sale of Aircraft, Aircraft Parts or Services C054 Terrorism (TRIA) Coverage - Hull & Liability C061 Aviation Personal And Advertising Injury Liability C064 Premises Coverage C066 Fire Legal Liability C095 Expanded Contractual Liability Endorsement C096 Ground Equipment Physical Damage Endorsement C097 Payload Physical Damage Endorsement N004 Non -Owned Aircraft Liability - UnManned Aircraft System D004 TRIA Disclosure S010 Colorado Amendatory $5,000 each occurrence $1,000,000 each occurrence/aggregate $100,000 each occurrence Quote No: Q512668 Page 2 Payment Plan 100% of the Annual Premium Due on Inception Approved Pilots for Scheduled Aircraft The policy shall not apply while a scheduled aircraft is in flight unless the pilot in command is approved by the Named Insured and appropriately licensed for the flight being conducted Underwriter's Remarks: All other terms and conditions are per expiring policy number 9027591 Special Notices State Amendatory Endorsement and Disclosure notice included as required This quotation does not apply to the extent that trade or economic sanctions or other laws or regulations prohibits Global Aerospace from offering or providing insurance To the extent any such prohibitions apply, this policy is void ab initio The producer warrants that they are properly licensed to solicit or sell insurance, as applicable, in their state of domicile and in all other jurisdictions where they transact business It is the producer's responsibility to comply with any applicable laws regarding disclosure to the policyholder of commission or other compensation we pay, if any, in connection with this policy or program Dated March 18, 2024 Underwriter 0/ Quote No O512668 Page 3 GLOBAL AEROSPACE Aircraft Schedule (Page 1 of 5) $1m 18d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model " ....f1'.'..., Seats Crew + Passenger Use Unit Inception Date 17906080202 HYLIO AG 210 ken 0+0 UAS March 27, 2024 1ZNBJAJ00C0033 DJI INNOVATIONS MATRICE 300 RTK LIM 0+0 UAS March 27, 2024 OAXDE1GQA3099 DJI INNOVATIONS PHANTOM 4 PRO la0118 0+0 UAS March 27, 2024 07JDDCO00100UK DJI INNOVATIONS PHANTOM 4 LULL 0+0 UAS March 27, 2024 1581F5FJD241600DXR84 DJI INNOVATIONS MAVIC 3T 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium $18,000 10.17325 $1,831 $26,000 8.36232 $2,174 $5,500 7.9361 $437 $1,599 7.926 $127 $3,628 7.926 $287 Hull War Rate Hull War Premium Included Included Included Included Included Liability Limit Passenger Liability Liability Premium $1,000,000 Excluded $391 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger War Liability Included Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000.000 Aggregate Included Personal Injury Personal Injury Limit Premium 51,000,000 Included - $1,000,000 Included V $1.000,000 Included $1,000,000 Included $1,000,000 Included Medical Limit Medical Premium way $5,000 Included $5,000 Included $5,000 Included $5.000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 15% 15% 10% 10% 10% 10% r 10% 10% 10% 10% Total Annual Premium $2,222 $2,500 $763 $453 $613 Quote No: O512668 Page 4 GLOBAL AEROSPACE Aircraft Schedule (Page 2 of 5) $1m 18d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use Unit Inception Date 1581 F5FJD24241600D4C56 DJI INNOVATIONS MAVIC 3T 0+0 UAS March 27, 2024 1581 F4QWB232M00301 B3 DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 1581 F4QWB232M00300XL DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 1581 F4QWB238500300KT DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 1581 F4QWB232M00301 YD DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium $3,628 7.926 $287 $629 9.138 $58 $629 9.138 $58 $629 9.138 $58 $629 9.138 $58 Hull War Rate Hull War Premium Included Included Included Included Included Liability Limit Passenger Liability Liability Premium $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger War Liability Included Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1.000,000 Aggregate Included Personal Injury Limit Personal Injury Premium $1,000,000 Included $1,000,000 Included $1.000,000 Included $1,000,000 Included $1,000,000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 10% 10% 10% 10% 10% 10% 10°/a 10% 10% 10% Total Annual Premium $613 $384 $384 $384 $384 Quote No: O512668 Page 5 GLOBAL AEROSPACE Aircraft Schedule (Page 3 of 5) $1m 18d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model :di ,.,‘,..h. I CLJI Seats Crew + Passenger Use Unit Inception Date FA33N43NNR DJI INNOVATIONS MINI 3 PRO `UtJ 0+0 UAS March 27, 2024 FA3AC9E7A3 DJI INNOVATIONS MAVIC 3M ._ IL) LJ 0+0 UAS March 27. 2024 FA3A33WLXR DJI INNOVATIONS MAVIC 3T L.Ut.•4 0+0 UAS March 27, 2024 FA3A33YH3K DJI INNOVATIONS AIR 3 LUL4 0+0 UAS March 27, 2024 FA3A34C7A OW INNOVATIONS AIR 3 LUL4 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium $1,200 7.926 $95 $5,500 7.9361 $437 $5,500 7.9361 $437 $1,500 7.926 $119 $1,500 7.926 $119 Hull War Rate Hull War Premium Included Included Included Included Included Liability Limit Passenger Liability Liability Premium $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger War Liability Included Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium $1,000,000 Aggregate Included 1 $1,000,000 Aggregate Included - $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included Personal Injury Personal Injury Limit Premium $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 10% 10% 10% 10% 10% 10% 10% 10% 10% 10°i% Total Annual Premium $421 $763 $763 I $445 $445 Quote No: O512668 Page 6 GLOBAL AEROSPACE Aircraft Schedule (Page 4 of 5) $1m 18d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use Unit Inception Date FA3E7AARTL PARROT S.A. ANAFI 2020 0+0 UAS March 27, 2024 FA3E7AEMXC PARROT S.A. ANAFI 2020 0+0 UAS March 27, 2024 FA3AW7A9HM TELEDYNE SIRAS 2024 0+0 UAS March 27, 2024 1 W9DJ7H00103WY DJI ZENMUSE H2OT 0+0 UAS March 27, 2024 6PSP211164 CZI GIMBAL SPOTLIGHT GL60 PLUS 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium Not Covered Not Covered $9,700 8.736222 $847 $14,000 10.7843 $1,510 $2,199 9.751939 $214 Hull War Rate Hull War Premium Not Covered Not Covered Included Included Included Liability Limit Passenger Liability Liability Premium $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $352 Not Covered Not Covered Passenger War Liability Included Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included Not Covered Not Covered Personal Injury Limit Personal Injury Premium $1,000,000 Included - $1,000,000 Included $1.000,000 Included $1,000,000 Included $1.000.000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion Not Applicable Not Applicable Not Applicable Not Applicable 10% 10% 10% 10% 10% 10% Total Annual Premium $326 $326 $1,199 $1,510 $214 Quote No: Q512668 Page 7 GLOBAL AEROSPACE Aircraft Schedule (Page 5 of 5) FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use Unit Inception Date 4LFCL5F005FX00 DJI RC PLUS 0+0 UAS March 27, 2024 NON -OWNED LIABILITY ANY UNMANNED AIRCRAFT SYSTEM THAT DOES NOT E; ;EEC EELBS III '..'El3I IT 0+0 UAS March 27, 2024 Coverage Totals Hull Value Hull Rate Hull Premium $1,600 2.19728 $35 Not Covered $103,570 $9,188 Hull War Rate Hull War Premium • Included Not Covered Liability Limit Passenger Liability Liability Premium Not Covered $1,000,000 Excluded Included $5,959 Passenger War Liability Included Included Third Party War Limit Third Party War Basis Third Party War Premium Not Covered $1,000,000 Aggregate Included Personal Injury Limit Personal Injury Premium $1,000,000 Included $1,000,000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 10% 10% Not Applicable Not Applicable Total Annual Premium $35 $0 Total Annual Premium: $15,147 $1m 18d - (Hull and Liability TRIA) Quote No: Q512668 Page 8 Addendum 1 to Quote $1m 18d - (Hull and Liability TRIA) TERRORISM RISK INSURANCE ACT OF 2002 (As amended and extended by The Terrorism Risk Insurance Extension Act of 2005 and The Terrorism Risk Insurance Program Reauthorization Acts of 2007, 2015 and 2019) NOTICE TO PRODUCER The applicant must be made aware of the opportunity to purchase the coverage contained in the Applicant Disclosure described below Any request from you to bind the coverage offered in this quote must include advice to us regarding the applicant's choice for terrorism insurance coverage The premium stated in the disclosure is for terrorism insurance coverage only APPLICANT DISCLOSURE NOTICE AND OFFER OF TERRORISM INSURANCE COVERAGE You are hereby notified that under the Terrorism Risk Insurance Act of 2002, as amended, hereinafter referred to as 'the Act,' you have a right to purchase insurance coverage for losses arising out of acts of terrorism, as defined in Section 102(1) of the Act "The term "act of terrorism" means any act that is certified by the Secretary of the Treasury — in consultation with the Secretary of Homeland Security, and the Attorney General of the United States — to be an act of terrorism, to be a violent actor an act that is dangerous to human life, property, or infrastructure, to have resulted in damage within the United States, or outside the United States in the case of an air carrier or vessel or the premises of a United States mission, and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion " PURCHASE OF THE INSURANCE OFFERED IN THIS DISCLOSURE HAS THE EFFECT OF NULLIFYING TERRORISM EXCLUSIONS CONTAINED IN NEW OR RENEWAL POLICIES FOR ACTS OF TERRORISM, AS DEFINED IN THE ACT HOWEVER, ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED, AND YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS THAT MIGHT AFFECT YOUR COVERAGE IF THIS COVERAGE IS NOT PURCHASED, THE COVERAGE AFFORDED BY THE POLICY WILL BE THAT WHICH WOULD APPLY IN THE ABSENCE OF THE ACT , IF PURCHASED, COVERAGE AFFORDED FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM MAY BE PARTIALLY REIMBURSED BY THE U S GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW UNDER THIS FORMULA, IF THE AGGREGATE INSURED LOSSES EXCEED A TRIGGER AMOUNT ($200,000,000 BEGINNING ON JANUARY 1, 2020), THE U S GOVERNMENT GENERALLY PAYS A PERCENTAGE (80% BEGINNING ON JANUARY 1, 2020) OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE THE PREMIUM CHARGE FOR THIS COVERAGE DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE U S GOVERNMENT UNDER THE ACT YOU SHOULD ALSO KNOW THAT THE ACT, CONTAINS A PROGRAM CAP OF $100,000,000,000 THAT LIMITS U S GOVERNMENT REIMBURSEMENT AS WELL AS INSURERS' LIABILITY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM WHEN THE AMOUNT OF SUCH LOSSES IN ONE CALENDAR YEAR EXCEEDS THE PROGRAM CAP IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEEDS THE PROGRAM CAP, YOUR COVERAGE MAY BE REDUCED PREMIUM FOR TERRORISM INSURANCE COVERAGE (which is in addition to the "Total Premium", and is subject to any applicable state taxes and surcharges) Liability Hull Total Included Included Included In accordance with the provisions 'of the Act, the Terrorism Risk Insurance Program shall terminate on December 31, 2027 Unless the program is renewed, extended or otherwise continued by the federal government, insurance coverage purchased for losses arising out of acts of terrorism shall terminate as of the date when any one or more of the following first occurs (a)the policy period ends, (b) the federal Terrorism Risk Insurance Program, established by the Act, has terminated either in its entirety or as respects the type of insurance afforded by this policy, or (c) renewal, extension or continuation of the Terrorism Risk Insurance Program has become effective without a requirement to make terrorism coverage available as respects the type of insurance afforded by this policy If the insurance is not terminated upon the occurrence of b or c above, insurance will remain in force without change for the remainder of the policy period, unless the company notifies you of any such change in response to any change in the federal law If the insurance is terminated upon the occurrence of b or c above, pro rata unearned premium will be returned to you PLEASE ADVISE IF YOU WISH TO PURCHASE THIS COVERAGE Quote No Q512668 Page 9 Contract Form Entity Information Entity Name* ARTHUR) GALLAGHER RISK MANAGEMENT SERVICES, INC Entity ID* @00000344 Contract Name* UNMANNED AIRCRAFT SYSTEMS RENEWAL INSURANCE REVISED QUOTE THROUGH GALLAGHER Contract Status CTB REVIEW Q New Entity? Contract ID 7952 Contract Lead * MRAIMER Contract Lead Email mraimer@co.weld.co.us Parent Contract ID Requires Board Approval YES Department Project # Contract Description * ADDITIONAL RECENTLY PURCHASED DRONES HAVE BEEN ADDED TO THE ORIGINAL INSURANCE PROPOSAL INCREASING THE TOTAL COST TO 51 5,147.00 Contract Description 2 Contract Type * RENEWAL Amount * $15,147.00 Renewable* NO Automatic Renewal Grant IGA Department HUMAN RESOURCES Department Email CM- HumanResources@weldgo v.com Department Head Email CM-HumanResources- DeptHead@weldgov.com County Attorney GENERAL COUNTY ATTORNEY EMAIL County Attorney Email CM- COUNTYATTORNEY@WEL DGOV.COM Requested BOCC Agenda Date * 03;25/2024 Due Date 03/21!2024 Will a work session with BOCC be required?* NO Does Contract require Purchasing Dept. to be included? If this is a renewal enter previous Contract ID If this is part of a MSA enter MSA Contract ID Note: the Previous Contract Number and Master Services Agreement Number should be left blank if those contracts are not in OnBase Contract Dates Effective Date Termination Notice Period Contact Information Contact Info Contact Name Purchasing Purchasing Approver CONSENT Approval Process Department Head JILL SCOTT DH Approved Date 03/21/2024 Final Approval BOCC Approved BOCC Signed Date BOCC Agenda Date 03/25/2024 Review Date * 03/10/2025 Committed Delivery Date Contact Type Contact Email Finance Approver CONSENT Renewal Date Expiration Date* 03/19/2025 Contact Phone 1 Contact Phone 2 Purchasing Approved Date 03/21/2024 Finance Approved Date 03/21 /2024 Tyler Ref # AG 032524 Originator MRAIMER Legal Counsel CONSENT Legal Counsel Approved Date 03/21/2024 RESOLUTION RE: APPROVE RENEWAL #2 TO PROPOSAL OF INSURANCE FOR UNMANNED AIRCRAFT SYSTEMS (DRONES) AND AUTHORIZE CHAIR TO SIGN - ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES, LLC WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with Renewal #2 to the Proposal of Insurance for Unmanned Aircraft Systems (Drones) between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Departments of Human Resources and Public Works, the Sheriff's Office, and Arthur J. Gallagher Risk Management Services, LLC, commencing March 27, 2024, and ending March 26, 2025, with further terms and conditions being as stated in said proposal, and WHEREAS, after review, the Board deems it advisable to approve said proposal, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that Renewal #2 to the Proposal of Insurance for Unmanned Aircraft Systems (Drones) between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Departments of Human Resources and Public Works, the Sheriff's Office, and Arthur J. Gallagher Risk Management Services, LLC, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said proposal. cc: PE(a-S/MR/rcL/ BP) off /22/29 2024-0682 EG0082 SO0045 PE0036 RENEWAL #2 TO PROPOSAL OF INSURANCE FOR UNMANNED AIRCRAFT SYSTEMS (DRONES) - ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES, LLC PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 20th day of March, A.D., 2024. ATTEST: C1a J Weld County Clerk to the Board BY( .7 &iY1 . GV (mid-, Lk, Deputy Clerk to the Board AP"" ED AS County orney 3 2 Date of signature: '� BOARD OF COUNTY COMMISSIONERS WELD COUNTY, C 0 Ross, Chair 0? -41,1 Perry L. B , k, Pro-Tem Freeman Mik ti_ A t tt K. James ri Saine 2024-0682 EG0082 SO0045 PE0036 Cri'a Dit 794c0 BOARD OF COUNTY COMMISSIONERS PASS -AROUND REVIEW PASS AROUND TITLE: Weld County Drone Insurance Quote Approval DEPARTMENT: Human Resources DATE: March 15th, 2024 PERSON REQUESTING: Michelle Raimer, Kelly Leffler Brief description of the problem/issue: Weld County Drone Insurance is expiring and the policy proposal needs to be reviewed. If quote is accepted by the BOCC, page 15 and 16 of the Drone Quote Letter need to be completed by checking both accept boxes on page 15 and completing the signature section on page 16. What options exist for the Board? The Board can agree to renew this Drone coverage to assure that if a drone needs to be serviced the unit would be covered by insurance, or the board can accept the risk of not having the drones owned by Weld County insured. Consequences: If the drones are not covered by insurance, a county owned drone may not be able to receive services needed to keep it operable due to cost of the repair. If quote is approved, county owned drones will be able to receive repairs needed. Impacts: If a drone is unable to be repaired, services typically provided by the county via drone, might not be able to be completed. Costs (Current Fiscal Year / Ongoing or Subsequent Fiscal Years): The annual cost of the drone coverage did increase 5%, the coverage that is expiring was $8.859 annually, the renewal option increased to $10,459. This increase is not just for Weld County coverage, a mandatory change Global Aerospace is doing for all policyholders due to the number of claims nationwide. Recommendation: It is recommended that the BOCC approve the renewal quote to maintain Drone coverage and complete page 15 and 16 of the Drone Quote Letter. Support Recommendation Schedule Place on BOCC Agenda Work Session Other/Comments: Perry L. Buck, Pro-Tem Mike Freeman Scott K. James Kevin D. Ross , Chair Lori Saine 3/Z0 2024-0682 0 oc5 06 3(0 S 7. Proposal of Insurance Weld County, Colorado P.O. Box 758 1150 "O" Street Greeley, CO 80632 Presentation Date: February 8. 2024 Effective Date: March 27. 2024 Jeff Kassa! Producer Arthur J Gallagher Risk Management Services, LLC 6300 South Syracuse Way Suite 700 Centennial CO 80111 (303) 889 2530 Jeff Kassal(c ajg.com AJG License Nos. IL 100292093 / CA OD69293 Insurance Gallagher Risk Management Consulting tosessuslo a. ePiavelizstvartn.C.: MINN ch, tga avd - o o 5z, Weld Couity, Colorado proposal Summary We appreciate :he opportunity to quote your business insurance. This proposal is a summary of policy terms and conditions. • We ha le been able to achieve renewal goals by negotiating your renewal with the incumbent carrier. This proposal provides coverage highlights along with the attached carrier quotations for the following coverages: • Unmanned Aircraft Systems It is recommenced that you consider purchasing coverage for the following, which are not included in your insurance program: • Flood • Cyber Liability We are not aware of any changes in your exposures to loss, nor are we aware of any changes in your business operations that would necessitate additional coverage options. Please notify us immediately if you are planning any new business operations. The values and schedules are per the expiring policy or the information you have previously provided. It is your responsibility to notify us of all necessary changes to your schedules Information contained in this proposal is intended to provide a brief overview of coverages. It should be used for reference purposes only. It is not intended to provide a full list of policy exclusions, limitations, and conditions. The provided quotes should be reviewed for further details. Coverage afforded to you is subject to all terms, conditions, and exclusions Jf the bound and issued policies. To Bind Coverage: Please refer to :he attachment document titled, "Client Authorization to Bind Coverage": • Note a iy changes you desire to be made • Place a check mark next to the coverage(s) you wish to accept • Date aid Sign • Return prior to the effective date of coverage Thank you for allowing Gallagher to service your insurance needs. We appreciate your business and look forward to working with you in the coming year. Please contact me if you have any questions. Sincerely, hi Nathan Kathol Client Service Associate Enclosure G Gallagher Insurance Risk Management Consulting 2 Gallagher Insurance I Risk Management Consulting Weld County, Colorado Premium Summary The estimated program cost for the options are outlined in the following table: Line of Coverage —lir Expiring IIIIIPSRenewal Option American Alternative Insurance Corporatio American Alternative Insurance American Commerce Corporation Insurance Company m erican Commerce Insurance Company National Indemnity National Indemnity Company Tokio Marine America Insurance Company Tokio Marine Americ Company Insuranc G mpany I Premium $8.859.00 $10,459.00 Estimated Cost* $10,459.00 Unmanned Systems Aircraft Change ($) Change (`)/0) Total Cost $8,859.00 $10,459.00 `Estimated Cost includes all taxes, fees, surcharges and TRIA premium (if applicable) Premiums are due and payable as billed and may be financed. subject to acceptance by an approved finance company. Following acceptance, completion (and signature) of a premium finance agreement with the specified down payment is required. Note: Unless prohibited by law. Gallagher may earn compensation for this optional value-added service. Gallagher is responsible for the placement of the following lines of coverage: Unmanned Aircraft Systems, Bond and Workers' Compensation. It is understood that any other type of exposure/coverage is either self -insured or placed by another brokerage firm other than Gallagher. If you need help in placing other lines of coverage or covering other types of exposures. please contact your Gallagher representative. Named Insured Nam: -0, Insured Unmanned Aircraft Systems Weld County, Colorado Weld County X X Note: Any entity not named in this proposal may not be an insured entity. This may include affiliates. subsidiaries, LLCs, partnerships, and joint ventures. 3 Gal . gher Insurance I Risk Management I Consulting Weld Couity, Colorado Market review We approached the following carriers in an effort to provide the most comprehensive and cost effective insurance program. Line Of Coverage Insurance Company ** (AM Best Rate/Financial Strength) Market Response * Admitted *** Unmanned Aircraft Systems American Alternative Insurance Corporation (A+ XV) American Commerce Insurance Company (A XV) National Indemnity Company (A++ XV) Tokio Marine America Insurance Company (A++ XV) Quoted Admitted *If shown as an irdication, the actual premium and acceptance of the coverage requested will be determined by the market after a thorough review of the completed application. **Gallagher companies use AM Best rated insurers and the rating listed above was verified on the date the proposal document was created. Best's Credit RatingsTM reproduced herein appear under license from AM Best and do not constitute, either expressly or impliedly. an endorsement of Gallagher's service or its recommendations. AM Best is not responsible for transcription errors made in presenting Best's Credit RatingsTM. Best's Credit RatingsTM are proprietary and may not be reproduced or distributed without the express written permission of AM Best. A Best's Financia; Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. It is not a warranty of a company's financial strength and ability to meet its obligations to policyholders. Be,:t's Credit Ratings TM are under continuous review and subject to change and/or affirmation. For the latest Best's Credit Ratings 1M mnd Guide to Best's Credit Ratings, visit the AM Best website at http://www.ambest.com/ratings. ***If coverage placed with a non -admitted carrier, it is doing business in the state as a surplus lines or non -admitted carrier, and is neither subject to :he same regulations as an admitted carrier nor do they participate in any state insurance guarantee fund. Gallagher companies make no representations and warranties concerning the solvency of any carrier, nor does it make any representation or warranty concerning the rating of the carrier which may change. 4 VT ._.. - Gallagher $isurance I Risk Management I Consulting Weld County, Colorado Coverage Highlights Q e, . _, .- .� , : 7 • Recommended Quote 03/27/2024a0/27/2025a a Carrier Information Tokio American American National Marine Alternative Commerce Indemnity America Insurance Company Insurance Insurance Corporation Company Company Payment Plan 100% of the Annual Premium Due on Inception Payment Method Agency Unmanned Aircraft Systems Premium $10,459.00 Terrorism — TRIA Included Estimated Cost $10,459.00 Exposure Drones Expenses for Medical Services $5.000 each occurrence Aviation Liability Personal And Advertising Injury $1;000,000 each occurrence/aggregate Fire Legal Liability $100,000 each occurrence Significant form/endorsements. policy endorsements include, but are not limited to, those listed on the attached quote/policy Significant form/endorsements. policy exclusions include, but are not limited to, those listed on the attached quote/policy Other Significant Terms aniarionditiatikitions American Alternative Insurance Corporation 59.24% American Commerce Insurance Company : 10.00% National Indemnity Company : 18.39% Tokio Marine America Insurance Company : 12.37% Aircraft Schedule FAA Number Serial Number 17906080202 1ZNBJAJ00C0033 OAXDE1GQA3099 07JDDC000100UK 1581 F5FJD241600DXR84 Aircraft HYLIO DJI DJI DJI INNOVATIONS DJI INNOVATIONS Make INNOVATIONS INNOVATIONS Aircraft AG 210 MATRICE 300 PHANTOM 4 PRO PHANTOM 4 MAVIC 3T Model RTK Aircraft 2023 2022 2022 2022 Year Seats 0+0 0+0 0+0 0+0 0+0 Crew + Passenger Use UAS UAS UAS UAS UAS 5 Gallagher Insurance 1 Risk Management I Consulting Weld County, Colorado Unit Inception Date I" larch 2-024 27. March 27; 2024 March 27, 2024 March 27, 2024 March 27. 2024 Hull Hull Hull Premium Value Rate E18,000 #10.17325 :1,831 $26.000 8.36232 $2,174 $5.500 7.9361 $437 $1,599 7.926 $127 $3,628 7.926 $287 • Hull War Rate Hull War I icluded Included Included Included Included Premium Liability E1 ;000,000 $1,000,000 $1;000,000 $1,000,000 $1,000.000 Limit Passenger E xcluded Excluded Excluded Excluded Excluded Liability Liability `391 $326 $326 $326 $326 Premium Passenger I icluded Included Included Included Included War Liability Third 51,000,000 $1,000,000 1 $1.000,000 $1,000,000 $1,000,000 Party War Limit Third I ggregate Aggregate Aggregate Aggregate Aggregate Party War Basis Third Included Included Included Included Included Party War Premium Personal v 1,000,000 $1;000,000 $1.000,000 $1,000,000 $1,000,000 Injury Limit Personal Included Included Included Included Included Injury Premium Medical ,000 $5,000 $5.000 $5,000 $5,000 Limit Medical I icluded Included Included Included Included Premium Deductible 10% 10% 10% 10% 15% In Motion Deductible 15% 10% 10% 10% 10% Not In Motion Total $2,222 $2,500 $763 $453 $613 Annual Premium 6 Gallagher Insurance I Risk Management I Consulting Weld County, Colorado FAA Numbe r Serial Numbe r Aircraf t Aircraf t Model Aircraf tYear Seats Crew Passe nger Use Unit Incept' on Date Make ` 1581F5FJD242416 00D4C56 DJI MAVIC 0+0 �. ►UAS March INNOVATIONS 27, 3T 2024 1581F4QWB232M 00301B3 DJI INNOVATIONS AVATA 0+0 UAS March 27, 1581F4QWB232M INNOVATIONS 0+0 00300XL DJI AVATA UAS March 27, INNOVATIONS 1581 00300KT DJI AVATA 0+0 UAS March F4QWB2385 27, 2024 1581F4QWB232M INNOVATIONS 0+0 00301 DJI AVATA UAS March YD 27, 2024 2024 2024 Hull $3.628 $629 $629 $629 $629 Value Hull Rate Hull Premiu m 7.926 $287 9.138 $58 9.138 $58 9.138 $58 9.138 $58 Hull War Rate Hull War Premiu Included Included Included Included Included m Liabilit y Passe nger Liabilit Y Liabilit Y Premiu m Limit $1,000,000 Excluded $326 $1.000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passe nger War Liabilit Y Included Included Included Included Included Third Party $1,000,000 $1.000,000 $1,000,000 $1.000.000 $1,000,000 7 Insurance + Risk Management I Consulting Weld Couity, Colorado War Limit Third Party War Basis Third Party War Premiu Included Aggregate Included Aggregate Included Aggregate Included Aggregate Included Aggregate m Person al Injury Limit Person al Injury Premiu I $1.000.000 Included Included $1,000,000 Included $1.000,000 Included $1;000,000 Included $1,000,000 m I Medica I Medica Premiu m Limit Included $5,000 Included $5.000 Included $5.000 Included $5.000 Included $5.000 ible ible Deduct Motion Deduct Not Motion In In 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% Total Annual Premiu m $613 $384 $384 $384 $384 FAA Number NON -OWNED Serial Number 1W9DJ7H00103WY 6PSP211164 4LFCL5F005FX00 LIABILITY Aircraft Make DJI CZI DJI ANY UNMANNED AIRCRAFT Aircraft Model ZENMUSE H2OT GIMBAL RC PLUS SYSTEM THAT SPOTLIGHT DOES NOT GL60 PLUS EXCEED 55LBS IN WEIGHT 8 Gallagher insurance I Risk Management I Consulting Weld County, Colorado Aircraft Seats Passenger Use Unit Date Inception Crew Year + 0+0 UAS March 27, 2024 0+0 UAS March 27, 2024 0+0 UAS March 27, 2024 0+0 UAS March 27. 2024 Coverage Totals Hull Hull Hull Value Rate Premium $14,000 10.7843 $1,510 $2,199 9.751939 $214 $1,600 2.19728 $35 Not Covered $78,670 $7,134 Hull Hull Premium War Rate War Included Included I Included Not Covered Liability Passenger Liability Liability Premium Limit Not Covered Not Covered I Not Covered $1;000,000 Excluded Included $3,325 Passenger Liability War Included Included Included Included Third War Third War Third War Limit Basis Party Premium Party Not Covered Not Covered Not Covered Included $1,000,000 Aggregate Party Personal Limit Personal Premium Injury Injury $1,000.000 Included Included $1,000,000 Included $1,000.000 Included $1,000.000 Medical Medical Premium Limit Included $5,000 Included $5;000 I Included $5,000 Included $5,000 In Deductible Motion Deductible Motion In Not 10% 10% 10% 10% 10% 10% Not Not Applicable Applicable Total Premium Annual $1,510 $214 $35 $0 9 Gallagher Insurance I Risk Management I Consulting Weld Couity, Colorado Claims deporting By Policy Immediately report all claims. Each insurer requires notice of certain types of claims depending on the potential exposure or particular injury types. It is important to thoroughly review your policy to ensure you are reporting particular incidents and claims, based upon the insurer's policy requirements. If you are using a third party administrator ("TPA"), your TPA may or may not report claims to an insurer on your behalf. Althougr we will assist you where requested, it is important that you understand whether your TPA will be completing this iotification. Reporting Direst to Carrier [Only When Applicable] Immediately report claims directly to: ■ Insurer: Amer can Alternative Insurance Corporation, American Con merce Insurance Company, National Indemnity Con pany, Tokio Marine America Insurance Company Policy Term: )3/27/2024 — 03/27/2025 Insurer/TPA Name: American Alternative Insurance Corporation, American Commerce Insurance Company, National Indemnity Company, Tokio Marine America Insurance Company Phone: 748617-2023 Fax: Email: Web: Reporting to Gallagher or Assistance in Reporting Gallagher Claim Center Policy Term: )3/27/2024 — 03/27/2025 Immediately report claims directly to: Phone: 855-497-0578 Fax: 225-663-3224 Email: ggb.nrcclaimscenter(c�ajg.com 10 Al_k) Gallagher Insurance I Risk Management I Consulting Weld County, Colorado Proposal Disclosures The following disclosures are hereby made a part of this proposal. Please review these disclosures prior to signing the Client Authorization to Bind or e-mail confirmation. Proposal Disclaimer IMPORTANT: The proposal and/or any executive summaries outline certain terms and conditions of the insurance proposed by the insurers, based on the information provided by your company. The insurance policies themselves must be read to fully understand the terms, coverages. Exclusions including but not limited to:; limitations and/or conditions of the actual policy contract of insurance. Policy forms will be made available upon request. We make no warranties with respect to policy limits or coverage considerations of the carrier. Compensation Disclosure 1. Gallagher Companies are primarily compensated from the usual and customary commissions, fees or, where permitted, a combination of both, for brokerage and servicing of insurance policies, annuity contracts, guarantee contracts and surety bonds (collectively "insurance coverages") handled for a client s account, which may vary based on market conditions and the insurance product placed for the client. 2. In placing, renewing, consulting on or servicing your insurance coverages, Gallagher companies may participate in contingent and supplemental commission arrangements with intermediaries and insurance companies that provide for additional compensation if certain underwriting, profitability, volume or retention goals are achieved. Such goals are typically based on the total amount of certain insurance coverages placed by Gallagher with the insurance company, not on an individual policy basis. As a result, Gallagher may be considered to have an incentive to place your insurance coverages with a particular insurance company. If you do not wish to have your commercial insurance placement included in consideration for additional compensation, contact your producer or service team for an Opt -out form. 3. Gallagher Companies may receive investment income on fiduciary funds temporarily held by them, or from obtaining or generating premium finance quotes, unless prohibited by law. 4. Gallagher Companies may also access or have an ownership interest in other facilities, including wholesalers, reinsurance intermediaries, captive managers, underwriting managers and others that act as intermediaries for both Gallagher and other brokers in the insurance marketplace some of which may earn and retain customary brokerage commission and fees for their work. If you have specific questions about any compensation received by Gallagher and its affiliates in relation to your insurance placements, please contact your Gallagher representative for more details. TRIA/TRIPRA Disclaimer If this proposal contains options to purchase TRIA/TRIPRA coverage, the proposed TRIA/TRIPRA program may not cover all terrorism losses. While the amendments to TRIA eliminated the distinction between foreign and domestic acts of terrorism, a number of lines of coverage excluded under the amendments passed in 2005 remain excluded including commercial automobile, burglary and theft insurance: surety insurance, farm owners multiple perils and professional liability (although directors and officers liability is specifically included). If such excluded coverages are required. we recommend that you consider purchasing a separate terrorism policy. Please note that a separate terrorism policy for these excluded coverages may be necessary to satisfy loan covenants or other contractual obligations. TRIPRA includes a $100 billion cap on insurers' aggregate liability. TRIPRA is set to expire on December 31, 2027. There is no certainty of extension, thus the coverage provided by your insurers may or may not extend beyond December 31, 2027. In the event you have loan covenants or other contractual obligations requiring that TRIA/TRIPRA be maintained throughout the duration of your policy period, we recommend that a separate ""Stand Alone"" terrorism policy be purchased to satisfy those obligations. Property Estimator Disclaimer These property values were obtained using a desktop Property Estimator software operated by non -appraisal professionals. These property values represent general estimates which are not to be considered a certified appraisal. These property values include generalities and assumptions that may produce inaccurate values for specific structures. Terms and Conditions 11 Ga agher Insurance I Risk Management I Consulting Weld County, Colorado It is important th at we clearly outline the nature of our mutual relationship. The following terms and cond tions (these "Terms") govern your relationship with Gallagher unless you have separately entered into a written services agreement with Gallagher relative to the policies and services outlined in this Proposal. in which case that services agreement will govern and control with respect to any conflicts with these Terms. These Terms will become effective upon your execution of the Client Authorization to Bind Coverage (the "CAB") included in this Proposal and shall survive for the duration of your relationship with Gallagher relative to the policies placed pursuant to the CAB or otherwise at your request. Services Gallagher will represent and assist you in all discussions and transactions with insurance companies relating to the lines of insurance coverage set forth in the CAB and any other lines of insurance coverage with which you request Gallagher's assistance. Gallagher will consult with you regarding any matters involving these or other coverages for which you have engaged Gallag ler. You have the sole discretion for approving any insurance policies placed, as well as all other material decisions involving your risk management, risk transfer and/or loss prevention needs. Although you are: responsible for notifying applicable insurance companies directly in connection with any claims, demands. suits. notices of potential claims or any other matters as required by the terms and conditions of your policies, Gallagher will assist you in determining applicable claim reporting requirements. Treatment of In-ormation Gallagher under3tands the need to protect the confidentiality and security of your confidential and sensitive information and strives to complwith applicable data privacy and security laws. Your confidential and sensitive information will be protected by Gallagher an I only used to perform services for you; provided that Gallagher may disclose and trarsfer your information to our affiliates, Egents or vendors that have a need to know such information in connection with the provision of such services (including insurance markets. as necessary, for marketing. quoting, placing and/or servicing insurance coverages). We may also disclose su ;h information as required by applicable data protection laws or the order of any court or tribunal, subject to our providing yo 1 with prior notice as permitted by law. We will (i) implement appropriate administrative, physical and technical safeguards to protect personal information; (ii) timely report security it cidents involving personal information to affected parties and/or regulatory bodies; (iii; create and maintain required policies and procedures: and (iv) comply with data subjects' rights, as applicable. To the extent applicable under associated data Protection laws; you are a "business" or "controller" and Gallagher is a "service provider" or "data processor." You will ensure hat any information provided to Gallagher has been provided with any required notices and that you have obtained all required consents, if any and where required, or are otherwise authorized to transfer all information to Gallagher and enable Gall 3gher to process the information for the purposes described in this Proposal and as set forth in Gallaher's Privacy Policy Icsated at https://www.a.q.com/privacy-policy/. Gallagher may update its Privacy Policy from time to time and any updates will oe posted to such site. Dispute Resoltzion Gallagher does r of expect that it will ever have a formal dispute with any of its clients. However. in the event that one should arise, we should each strive to achieve a fair, expedient and efficient resolution and we'd like to clearly outline the resolution process. A. If the parties have a dispute regarding Gallagher's services or the relationship governed by this Proposal ("Dispute"), each party & grees to resolve that Dispute by mediation. If mediation fails to resolve the Dispute, you and Gallagher agree to binding arbitration. Each party waives all rights to commence litigation in court to resolve a Dispute, and specifically waives all r ;hits to pursue relief by class action or mass action in court or through arbitration. However. the parties do not waive tre ability to seek a court order of injunction in aid of the mediation and arbitration required by these Terms. B. The party a-,serting a Dispute must provide a written notice ("Notice") of the claim to the other party and to the American Arbitration association ("AAA") in accordance with its Commercial Arbitration Rules and Mediation Procedures. All Dispute res Plutions will take place in Chicago, IL. unless you and Gallagher agree to another location. The parties will equally divi le all costs of the mediation and arbitration proceedings and will each pay their own attorneys' fees. All matters will De before a neutral. impartial and disinterested mediator or arbitrator(s) that have at least 20 years' experience in commerc al and insurance coverage disputes. C Mediation v ill occur within sixty (60) days of filing the Notice with the AAA. Mediation results will be reduced to a memorandisi of understanding signed by you. Gallagher and the mediator. A Dispute that is not resolved in mediation will commence to binding arbitration. For Disputes in excess of $500,000, either party may elect to have the Dispute heard by a Danel of three (3) arbitrators. The award of the arbitrator(s) must be accompanied by a reasoned opinion 12 1 4_1- .... Gallagher Insurance I Risk Management I Consulting Weld County, Colorado prepared and signed by the arbitrator(s). Except as may be required by law, neither you. Gallagher; nor a mediator or arbitrator may disclose the existence, content or results of any Dispute or its dispute resolution proceeding without the prior written consent of both you and Gallagher. Electronic Delivery In lieu of receiving documents in paper format, you agree, to the fullest extent permitted by law, to accept electronic delivery of any documents that Gallagher may be required to deliver to you (including, but not limited to, insurance policies and endorsements account statements and all other agreements. forms and communications) in connection with services provided by Gallagher. Electronic delivery of a document to you may be made via electronic mail or by other electronic means, including posting documents to a secure website. Miscellaneous Terms Gallagher is engaged to perform services as an independent contractor and not as your employee or agent, and Gallagher will not be operating in a fiduciary capacity. Where applicable, insurance coverage placements and other services may require the payment of federal excise taxes, surplus lines taxes, stamping or other fees to the Internal Revenue Service, various State(s) departments of revenue, state regulators, boards or associations. In such cases, you will be responsible for the payment of the taxes and/or fees, which Gallagher will separately identify on related invoices. The Proposal and these Terms are governed by the laws of the State of Illinois, without regard to its conflict of law rules. If an arbitrator/court of competent jurisdiction determines that any provision of these Terms is void or unenforceable. that provision will be severed, and the arbitrator/court will replace it with a valid and enforceable provision that most closely approximates the original intent, and the remainder of these Terms will remain in effect. Except to the extent in conflict with a services agreement that you may enter into with Gallagher. these Terms and the remainder of the Proposal constitute the entire agreement between you and Gallagher with respect to the subject matter of the Proposal, and supersede all prior negotiations, agreements and understandings as to such matters. 13 Gallagher Insurance I Risk Management I Consulting Weld Couity, Colorado Bindable Quotations & Compensation Disclosure Schedule Client Name: Weld County, Colorado Unmanned Aircraft Systems American Alternative Insurance Corporation American Commerce Insurance Company National Indemnity Company Tokio Marine America Insurance Company Wholesaler, MGA, or Intermediary Name' N/A Est. Annual Premium' $10459.00 Comm. To or Fee' 0% Gallagher U.S. Owned Wholesaler, MGA, or Intermediary To and/or Fee 1 We were able to obtain more advantageous terms and conditions for you through an intermediary/ wholesaler. 2 If the premium is showr as an indication: The premium indicated is an estimate provided by the market. The actual premium and acceptance of the coverage requested will be determined by the market after a thorough review of the completed application. * A verbal quotation was received from this carrier. We are awaiting a quotation in writing. 3 The commission rate is a percentage of annual premium excluding taxes & fees. * Gallagher is receiving % commission on this policy. The fee due Gallagher will be reduced by the amount of the commissions received. 14 15% Gallagher Insurance ! Risk Management I Consulting Weld County, Colorado Client Authorization to Bind Coverage After careful consideration of Gallagher's proposal dated 02/08/2024, we accept the following coverage(s) Please check the desired coverage(s) and note any coverage amendments below: =cues ge1Ca rrierI as • ; Af; • rences Unmanned American Alternative Aircraft Systems Insurance Accept 0 Reject $10,459.00 TRIA (Included) Corporation American Company National Tokio Company Manne Indemnity Commerce Insurance Company America Insurance Accept ❑ Reject 'For this coverage, TRIA cannot be rejected Additional Recommended Coverages Gallagher recommends that you purchase the following additional coverages for which you have exposure. By checking the box(es) below, you are requesting that Gallagher provide you with a Proposal for this coverage. By not requesting a Proposal for this coverage, you assume the risk of any uncovered loss. ❑ Cyber Liability ❑ Flood The above coverage(s) does not necessarily represent the entirety of available insurance products. If you are interested in pursuing additional coverages other than those listed in the Additional Recommended Coverages, please list below: Other Services to Consider ❑ Yes No - CORE360"'" STEP ❑ Yes ❑ No — eRiskHub Coverage Amendments and Notes: Exposures and Values You confirm the payroll, values, schedules, and any other information pertaining to your operations, and submitted to the underwriters, were compiled from information provided by you. If no updates were provided to Gallagher, the values, exposures and operations used were based on the expiring policies. You acknowledge it is your responsibility to notify Gallagher of any material change in your operations or exposures 15 Gallagher insurance Risk Management I Consulting Weld County, Colorado Additional Terms and Disclosures Gallagher is not an expert in all aspects of your business Gallagher's Proposals for insurance are based upon the information concerning your business that was provided to Gallagher by you. Gallagher expects the information you provide is true, correct and complete in all material respects. Gallagher assumes no responsibility to independently investigate the risks that may be facing your business, but rather have relied upon the information you provide to Gallagher in making our insurance Proposals. Gallagher's liability to you arising from any of Gallagher's acts or omissions will not exceed $20 million in the aggregate The parties each will only be liable for actual damages incurred by the other party, and will not be liable for any indirect, special, exemplary consequential, reliance or punitive damages. No claim or cause of action, regardless of form (tort, contract, statutory, or otherwise), arising out of, relating to or in any way connected with the Proposal, any of Gallagher's services or your relationship with Gallagher may be brought by either party any later than two (2) years after the accrual of the claim or cause of action. Gallagher has established security controls to protect Client confidential information from unauthorized use or disclosure For additional information, please review Gallagher's Privacy Policy located at https //www.aia.com/privacy-policy/. You have read, understand and agree that the information contained in the Proposal and all documents attached to and incorporated into the Proposal, is correct and has been disclosed to you prior to authorizing Gallagher to bind coverage and/or provide services to you. By signing below, or authorizing Gallagher to bind your insurance coverage through email when allowed, you acknowledge you have reviewed and agree with terms, conditions and disclosures contained in the Proposal. By: Date: KEVIN D. ROSS. CHAIR Print Name (Specify Title) WLED COUNTY BOARD OF COMMISSIONERS Company Signature MARCH 20, 2024 Deputy C( rk to 16 Gallagher Insurance I Risk Management I Consulting 46,) Gallagher Please note the following conditions: • Any entity not named in this proposal, may not be an insured entity. This includes affiliates, subsidiaries, LLC's, partnerships and joint ventures. • Premiums are due and payable as billed and may be financed, subject to acceptance by an approved finance company. Following acceptance, completion (and signature) of a premium finance agreement with the specified down payment is required. Note: Unless prohibited by law, Gallagher may earn compensation for this optional value-added service. • Immediately report all claims to Gallagher Aviation 877-475-5860 or the insurance company directly: o Global Aerospace - 913-451-9660 or 888-228-2281 • Significant exclusions include but are not limited to: when the aircraft is in flight: • with your knowledge and consent for either an unlawful purpose or for other than the approved use; • when a special permit or waiver is required by the FAA; o workers' compensation occupational, disease, unemployment or disability benefits law, or any similar law; depreciation, or damages for loss of use; loss due to repossession, embezzlement, conversion, secretion or taking by anyone claiming a lawful right of possession, nor for any loss or damage during or resulting therefrom; loss due and confined to wear, tear, deterioration, freezing, mechanical, structural, hydraulic, pneumatic, or electrical failure or malfunction; o tires unless as a direct result of other insured loss to the aircraft; claims arising from war, whether declared or not, invasion, rebellion, riot, revolution, insurrection or warlike operation; o to claims arising from capture, seizure, arrest, restraint or detention or the consequences thereof or any attempt thereat, or any taking of your aircraft or damage to or destruction thereof by any governmental authority or agent Gallagher CARRIER RATINGS AND ADMITTED STATUS Proposed Insurance Carriers A.M. & Best's Financial Category Rating Size * Admitted/Non- Admitted** Global - American Alternative Insurance Corporation 44.96% A+ XV Admitted Global - American Commerce Insurance Company 10% A XI Admitted Global - National Indemnity Company 23.39% A++ XV Admitted Global - Tokio Marine America Insurance Company 12.37% A++ XV Admitted *Gallagher companies use A.M. Best rated insurers and the rating listed above was verified on the date the proposal document was created. Best's Credit RatingsTM reproduced herein appear under license from A.M. Best and do not constitute, either expressly or impliedly, an endorsement of Gallagher's service or its recommendations. A.M. Best is not responsible for transcription errors made in presenting Best's Credit RatingsTM. Best's Credit RatingsTM are proprietary and may not be reproduced or distributed without the express written permission of A.M. Best. A Best's Financial Strergth Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. It is not a warranty of a company's financial strength and ability to meet its obligations to policyholders. Best's Credit RatingsTM are under continuous review and subject to change and/or affirmation. For the latest Best's Credit RatingsTM and Guide to Best's Credit Ratings, visit the A.M. Best website at http://www.ambest.ccm/ratings. **If coverage placed with a non -admitted carrier, it is doing business in the state as a surplus lines or non -admitted carrier, and is neither subject to the same regulations as an admitted carrier nor do they participate in any state insurance guarantee fund. Gallagher companies make no representations and warranties concerning the solvency of any carrier, nor does it make any representation or warranty concerning the rating of the carrier which may change. Cia) Gallagher COMPENSATION DISCLOSURE 1. Gallagher Companies are primarily compensated from the usual and customary commissions, fees or, where permitted, a combination of both, for brokerage and servicing of insurance policies, annuity contracts, guarantee contracts and surety bonds (collectively "insurance coverages") handled for a client's account, which may vary based on market conditions and the insurance product placed for the client. 2. In placing, renewing, consulting on or servicing your insurance coverages, Gallagher companies may participate in contingent and supplemental commission arrangements with intermediaries and insurance companies that provide for additional compensation if certain underwriting, profitability, volume or retention goals are achieved. Such goals are typically based on the total amount of certain insurance coverages placed by Gallagher with the insurance company, not on an individual policy basis. As a result, Gallagher may be considered to have an incentive to place your insurance coverages with a particular insurance company. If you do not wish to have your commercial insurance placement included in consideration for additional compensation, contact your producer or service team for an Opt - out form. 3. Gallagher Companies may receive investment income on fiduciary funds temporarily held by them, or from obtaining or generating premium finance quotes, unless prohibited by law. 4. Gallagher Companies may also access or have an ownership interest in other facilities, including wholesalers, reinsurance intermediaries, captive managers, underwriting managers and others that act as intermediaries for both Gallagher and other brokers in the insurance marketplace some of which may earn and retain customary brokerage commission and fees for their work. If you have specific questions about any compensation received by Gallagher and its affiliates in relation to your insurance placements, please contact your Gallagher representative for more details. In the event you wish to register a formal complaint regarding compensation Gallagher receives from insurers or third -parties, please contact Gallagher via e-mail at Compensation_Complaints@ajg.com or by regular mail at: Chief Compliance Officer Gallagher Global Brokerage Arthur J. Gallagher & Co. 2850 Golf Rd. Rolling Meadows, IL 60008 Cr,,) Gallagher PRIVACY POLICY This Privacy Disclosure outlines our information sharing practices to help you understand how we protect your privacy, when we collect and use information about you, and the measures we take to safeguard that information. Information We Collect. We collect nonpublic personal financial information about you as required by the insurance companies including: • Information we receive from you on applications or required questionnaires, such as your occupation, current employer and social security and driver's license numbers; • Information about your transactions with us, our affiliates, or previous insurers; such as your policy coverage, claim information, premiums and payment history; • Information we receive from a consumer -reporting agency such as Equifax and Choicepoint, which is obtained for the purpose of ascertaining credit histories. These reports are obtained as underwriting tools to determine bill paying habits and credit worthiness. These reports are not subject to race, gender or income. Motor vehicle reports may also be requested from the State to disclose driving history. Information We Share. We do not disclose any nonpublic personal financial information about our customers or former customers to anyone, except as permitted by law. For example, we may disclose nonpublic personal financial information about you to market your insurance coverage directly with insurers and providers. We also may disclose all the information we collect, as described above, to companies that perform marketing services on our behalf or to other insurers or providers with whom we have joint marketing agreements. Information Security. We restrict access to nonpublic personal financial information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal and state regulations to guard your nonpublic personal financial information. GLOBAL AEROSPACE Morris Plains, NJ Underwriter: Telephone: Fax: Email: UASUS Underwriter 973 490 8500 973 490 5640 unmannedsubmissions@global-aero.com Q uote No: Q uote Date: Q512668 February 26, 2024 Q uotation is valid until March 27, 2024 Applicant: WELD COUNTY 1150 O STREET GREELEY, CO 80631 Producer: Contact: ARTHUR J GALLAGHER RISK MANAGEMENT SERVICES, INC. 300 ST. PETERS CENTRE BLVD., SUITE 200 ATT: AEROSPACE/OR AVIATION ST. PETERS, MO 63376 KATIE ESCALANTE Coverage Dates: From: March 27, 2024 To: March 27, 2025 This insurance sha►I commence and cease on the dates shown at 12:01 A.M. local time at the address of the Applicant Insurance Quote Aviation Insurance Policy Unmanned Aircraft Systems (UAS Policy Form) Insurance applies to the insured's declared use of aircraft described in the attached schedule. See the policy form and any accompanying endorsements for complete coverage details. The attached schedule also contains the rated exposures and premiums for each aircraft. PLEASE NOTE: The following separate licensed insurers, whose liability is several and not joint, provide the insurance afforded by policies issued through Global Aerospace, Inc. American Alternative Insurance Corporation Wilmington, Delaware American Commerce Insurance Company Columbus, Ohio National Indemnity Company Omaha, Nebraska Tokio Marine America Insurance Company New York, New York 59.24% 10.00% 18.39% 12.37% Quote No: Q512668 Page 1 Coverage(s) and Limit(s). Part 1 - Liability Coverage A - Bodily Injury and Property Damage Liability 1 Each Occurrence Limit See Aircraft Schedule 2Each occurrence sub -limit and deductible applicable to damaged property Damage to Cargo Limit NIL cargo psdk,iGttble, NIL - The sub -limit described above is part of and not in addition to the Each Occurrence Limit 3 Supplementary payment limits for emergencies and search and rescue operations related to scheduled aircraft (a) NIL is the most we will pay for expenses incurred under an emergency condition for (1) Application of foam on a runway, (2) Fire and crash control and rescue, or (b) The lesser of NIL or the insured value of the scheduled aircraft is the most we will pay for repositioning expenses incurred following a landing made under emergency conditions at a location where a safe takeoff cannot be made (c) NIL is the most we will pay for expenses incurred for search and rescue operations Part 2 - Physical Damage Coverage B - Physical, Damage to Scheduled Aircraft (a) Subject to Paragraph (b) below, the limit of insurance for a scheduled aircraft is its insured value, less any applicable deductible (b) The 'insured value of any newly acquired aircraft or any scheduled aircraft modified during the policy period is subject to the Maximum Insured Value Limit which shall be the highest insured value of any scheduled aircraft insured at the time such newly acquired aircraft is acquired or such modified scheduled aircraft is modified Endorsements: E041 Electronic Data Event Liability Exclusion A121 Additional Insured A125 Amendment of Defined Terms C022 Limited Liability War Exclusion Limited Coverage C023 Limited Physical Damage War Exclusion Limited Coverage C025 Electronic Date Recognition Exclusion Limited Coverage C036 Expenses for Medical Services C039 Liability for Sale of Aircraft, Aircraft Parts or Services C054 Terrorism (TRIA) Coverage - Hull & Liability C061 Aviation Personal And Advertising Injury Liability C064 Premises Coverage C066 Fire Legal Liability C095 Expanded Contractual Liability Endorsement C096 Ground Equipment Physical Damage Endorsement C097 Payload Physical Damage Endorsement N004 Non -Owned Aircraft Liability - UnManned Aircraft System D004 TRIA Disclosure S010 , Colorado Amendatory $5,000 each occurrence $1,000,000 each occurrence/aggregate $100,000 each occurrence Quote No Q512668 Page 2 Payment Plan. 100% of the Annual Premium Due on Inception Approved Pilots for Scheduled Aircraft: The policy shall not apply while a scheduled aircraft is in flight unless the pilot in command is approved by the Named Insured and appropriately licensed for the flight being conducted Underwriter's Remarks. All other terms and conditions are per expiring policy number 9027591 Special Notices: e State Amendatory Endorsement and Disclosure notice included as required e This quotation does not apply to the extent that trade or economic sanctions or other laws or regulations prohibits Global Aerospace from offering or providing insurance To the extent any such prohibitions apply, this policy is void ab initio e The producer warrants that they are properly licensed to solicit or sell insurance, as applicable, in their state of domicile and in all other jurisdictions where they transact business - - - o It is the producer's responsibility to comply with any applicable laws regarding disclosure to the policyholder of commission or other compensation we pay, if any, in connection with this policy or program Dated February 26, 2024 Underwriter 1,0, ,U,61,-( / Quote No Q512668 Page 3 GLOBAL AEROSPACE Aircraft Schedule (Page 1 of 3) $1m 10d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use Unit Inception Date 17906080202 HYLIO AG 210 2023 0+0 UAS March 27, 2024 1 ZNBJAJ00C0033 DJI INNOVATIONS MATRICE 300 RTK 2022 0+0 UAS March 27, 2024 OAXDE1 GOA3099 DJI INNOVATIONS PHANTOM 4 PRO 2022 0+0 UAS March 27, 2024 07JDDCO00100UK DJI INNOVATIONS PHANTOM 4 2022 0+0 UAS March 27. 2024 1581 F5FJD241600DXR84 DJI INNOVATIONS MAVIC 3T 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium $18,000 10.17325 $1,831 $26,000 8.36232 $2,174 $5,500 7.9361 $437 $1,599 7.926 $127 $3,628 7.926 $287 Hull War Rate Hull War Premium Included Included Included Included Included Liability Limit Passenger Liability Liability Premium $1,000,000 Excluded $391 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger War Liability Included Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included Personal Injury Limit Personal Injury Premium $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 Included ' $1,000,000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 15% 15% 10% 10% 10% 10% 10% 10% 10% 10% Total Annual Premium $2,222 $2,500 $763 $453 $613 Quote No: O512668 Page 4 GLOBAL AEROSPACE Aircraft Schedule (Page 2 of 3) $1m 10d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use Unit Inception Date 1581 F5FJD24241600D4C56 DJI INNOVATIONS MAV I C 3T 0+0 UAS March 27. 2024 1581 F40WB232M00301 B3 DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 1581 F40WB232M00300XL DJI INNOVATIONS AVATA 0+0 UAS March 27. 2024 1581 F40WB238500300KT DJI INNOVATIONS AVATA 0+0 UAS March 27. 2024 1581 F4OWB232M00301 YD DJI INNOVATIONS AVATA 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium $3,628 7.926 $287 $629 9.138 $58 $629 9.138 $58 $629 9.138 $58 $629 9.138 $58 Hull War Rate Hull War Premium Included Included Included Included Included Liability Limit Passenger Liability Liability Premium $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 $1,000,000 Excluded $326 Passenger War Liability Included Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium $1,000,000 Aggregate $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included $1,000,000 Aggregate Included Included Personal Injury Limit Personal Injury Premium $1,000,000 Included - $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included $5,000 Included $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% Total Annual Premium $613 $384 $384 $384 $384 Quote No: O512668 Page 5 GLOBAL AEROSPACE Aircraft Schedule (Page 3 of 3) $1m 10d - (Hull and Liability TRIA) FAA Number Serial Number Aircraft Make Aircraft Model Aircraft Year Seats Crew + Passenger Use Unit Inception Date 1 W9DJ7H00103WY DJI ZENMUSE H2OT 0+0 UAS March 27. 2024 6PSP211164 CZI GIMBAL SPOTLIGHT GL60 PLUS 0+0 UAS March 27, 2024 4LFCL5F005FX00 DJI RC PLUS 0+0 UAS March 27, 2024 NON -OWNED LIABILITY Coverage Totals ANY UNMANNED AIRCRAFT SYSTEM THAT DOES NOT E;:JEED 55L06 IN WEIGHT 0+0 UAS March 27, 2024 Hull Value Hull Rate Hull Premium $14,000 10.7843 $1,510 $2,199 9.751939 $214 $1,600 2.19728 $35 Not Covered $78,670 $7,134 Hull War Rate Hull War Premium Included Included Included I Not Covered Liability Limit Passenger Liability Liability Premium Not Covered Not Covered Not Covered $1,000,000 Excluded Included $3,325 Passenger War Liability Included Included Included Included Third Party War Limit Third Party War Basis Third Party War Premium Not Covered ` Not Covered Not Covered $1,000,000 Aggregate Included Personal Injury Limit Personal Injury Premium $1,000,000 Included $1,000,000 Included $1,000,000 Included $1,000,000 Included Medical Limit Medical Premium $5,000 Included $5,000 Included $5,000 Included $5,000 Included Deductible In Motion Deductible Not In Motion 10% 10% 10% 10% 10% 10% Not Applicable Not Applicable Total Annual Premium $1,510 $214 $35 $0 Total Annual Premium: $10,459 Quote No: Q512668 Page 6 Addendum 1 to Quote 51m 10d - (Hull and Liability TRIA) TERRORISM RISK INSURANCE ACT OF 2002 (As amended and extended by The Terrorism Risk Insurance Extension Act of 2005 and The Terrorism Risk Insurance Program Reauthorization Acts of 2007, 2015 and 2019) _ NOTICE TO PRODUCER The applicant must be made aware of the opportunity to purchase the coverage contained in the Applicant Disclosure described below Any request from you to bind the coverage offered in this quote must include advice to us regarding the applicant's choice for terrorism insurance coverage The premium stated in the disclosure is for terrorism insurance coverage only _ APPLICANT DISCLOSURE NOTICE AND OFFER OF TERRORISM INSURANCE COVERAGE You are hereby notified that under the Terrorism Risk Insurance Act of 2002, as amended, hereinafter referred to as 'the Act,' you have a right to purchase insurance coverage for losses arising out of acts of terrorism, as defined in Section 102(1) of the Act "The term "act of terrorism" means any act that is certified by the Secretary of the Treasury — in consultation with the Secretary of Homeland Security, and the Attorney General of the United States — to be an act of terrorism, to -be a violent act or an act that is dangerous to human life, property, or infrastructure, to have resulted in damage within the United States, or outside the United States in the case of an air carrier or vessel or the premises of a United States mission, and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion " PURCHASE OF THE INSURANCE OFFERED IN THIS DISCLOSURE HAS THE EFFECT OF NULLIFYING TERRORISM EXCLUSIONS CONTAINED IN NEW OR RENEWAL POLICIES FOR ACTS OF TERRORISM, AS DEFINED IN THE ACT HOWEVER, ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED, AND YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS THAT MIGHT AFFECT YOUR COVERAGE IF THIS COVERAGE IS NOT PURCHASED, THE COVERAGE AFFORDED BY THE POLICY WILL BE THAT WHICH WOULD APPLY IN THE ABSENCE OF THE ACT IF PURCHASED, COVERAGE AFFORDED FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM ,MAY BE PARTIALLY REIMBURSED BY THE U S GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW UNDER THIS FORMULA, IF THE AGGREGATE INSURED LOSSES EXCEED A TRIGGER AMOUNT ($200,000,000 BEGINNING ON JANUARY 1, 2020), THE U S GOVERNMENT GENERALLY PAYS A PERCENTAGE (80% BEGINNING ON JANUARY 1, 2020) OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE THE PREMIUM CHARGE FOR THIS COVERAGE DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE U S GOVERNMENT UNDER THE ACT YOU SHOULD ALSO KNOW THAT THE ACT, CONTAINS A PROGRAM CAP OF $100,000,000,000 THAT LIMITS U S GOVERNMENT REIMBURSEMENT AS WELL AS INSURERS' LIABILITY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM WHEN THE AMOUNT OF SUCH LOSSES IN ONE CALENDAR YEAR EXCEEDS THE PROGRAM CAP IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEEDS THE PROGRAM CAP, YOUR COVERAGE MAY BE REDUCED PREMIUM FOR TERRORISM INSURANCE COVERAGE (which is in addition to the "Total Premium", and is subject to any applicable state taxes and surcharges) Liability Hull Total Included Included Included In accordance with the provisions of the Act, the Terrorism Risk Insurance Program shall terminate on December 31, 2027 Unless the program is renewed, extended or otherwise continued by the federal government, insurance coverage purchased for losses arising out of acts of terrorism shall terminate as of the date when any one or more of the following first occurs (a)the policy period ends, (b) the federal Terrorism Risk Insurance Program, established by the Act, has terminated either in its entirety or as respects the type of insurance afforded by this policy, or (c) renewal, extension or continuation of the Terrorism Risk Insurance Program has become effective without a requirement to make terrorism coverage available as respects the type of insurance afforded by this policy If the insurance is not terminated upon the occurrence of b or c above, insurance will remain in force without change for the remainder of the policy period, unless the company notifies you of any such change in response to any change in the federal law If the insurance is terminated upon the occurrence of b or c above, pro rata unearned premium will be returned to you PLEASE ADVISE IF YOU WISH TO PURCHASE THIS COVERAGE Quote No 6512668 Page 7 ntract Fo Entity Information Entity Name* Entity ID* ARTHUR J GALLAGHER RISK @00000344 MANAGEMENT SERVICES, INC Contract Name" DRONE INSURANCE RENEWAL Contract Status CTB REVIEW O New Entity? Contract ID 7946 Contract Lead* BPETERSON Contract Lead Email bpeterson@weld.gov Contract Description * WELD COUNTY DRONE INSURANCE IS EXPIRING, THIS NEEDS TO BE RENEWED. Contract Description 2 Contract Type* RENEWAL Amount* $10,459.00 Renewable* NO Automatic Renewal Grant IGA Department HUMAN RESOURCES Department Email CM- HumanResources@weldgo v.com Department Head Email CM-HumanResources- DeptHead@weldgov.com County Attorney GENERAL COUNTY ATTORNEY EMAIL County Attorney Email CM- COUNTYATTORNEY@WEL DGOV.COM If this is a renewal enter previous Contract ID If this is part of a MSA enter MSA Contract ID Parent Contract ID Requires Board Approval YES Department Project # Requested BOCC Agenda Due Date Date* 03/16/2024 03/20/2024 Will a work session with BOCC be required?* HAD Does Contract require Purchasing Dept. to be included? NO Note: the Previous Contract Number and Master Services Agreement Number should be left blank if those contracts are not in OnBase Contract Dates Effective Date 03/27/2024 Review Date* 01/20/2025 Renewal Date 03/01/2025 Termination Notice Period Committed Delivery Date Expiration Date* 03/26/2025 Contact Information Contact Info Contact Name Contact Type Contact Email Contact Phone 1 Contact Phone 2 Purchasing Purchasing Approver Purchasing Approved Date Approval Process Department Head JILL SCOTT DH Approved Date 03/18/2024 Final Approval BOCC Approved BOCC Signed Date BOCC Agenda Date Finance Approver CHERYL PATTELLI Legal Counsel KARIN MCDOUGAL Finance Approved Date Legal Counsel Approved Date 03/19/2024 03/20/2024 Tyler Ref # AG 032024 Originator BPETERSON Hello