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File #: Res.11-2857    Version: A Name: Proposal to eliminate or reduce physical damage coverage on 1997 vehicles.
Type: Resolution Status: Passed
File created: 12/6/2011 In control: City Attorney's Office
On agenda: Final action: 12/6/2011
Title: Proposal to eliminate or reduce physical damage coverage on 1997 vehicles. Resolved, that the revision of Physical Damage insurance coverage on 15 year-old buses and service truck to "stated value" as opposed to "purchased price" to reduce premium be approved. Fiscal Note: Anticipated reduction in Physical Damage annual premium of estimated $1,200.
Sponsors: Raymond DeHahn
Related files: 11-7010
Sponsor
Alderman DeHahn
 
Title
Proposal to eliminate or reduce physical damage coverage on 1997 vehicles.
 
Resolved, that the revision of Physical Damage insurance coverage on 15 year-old buses and service truck to "stated value" as opposed to "purchased price" to reduce premium be approved.
 
Fiscal Note: Anticipated reduction in Physical Damage annual premium of estimated $1,200.