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RELEVANT LINKS: <br />League of Minnesota Cities Information Memo: 8/6/2018 <br />LMCIT Liability Coverage Guide Page 8 <br /> b. Annual limits apply in LMCIT’s coverage for specific <br />risks <br />See Section II.D, Coverage <br />limits. Besides LMCIT’s overall coverage limit of $2 million per occurrence, there <br />are also annual aggregate limits for certain specific risks. If the city has a loss <br />or claim in one of these areas, there might not be enough limits remaining to <br />cover the city’s full exposure if there is a second loss of the same sort during <br />the year. <br /> There are, however, a couple important restrictions on how the excess <br />coverage applies to risks that are subject to aggregate limits. The excess <br />coverage does not apply to the following types of risks. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />LMC information memos, <br />LMCIT Auto Coverage <br />Guide and LMCIT Workers’ <br />Compensation Coverage <br />Guide. <br />See Section III.L, Medical <br />payments; Section III.D, <br />Employees’ activities in <br />outside organizations; and <br />Section III.K, Liquor <br />liability. <br />• Failure to supply utilities. <br />• Mold. <br />• Lead and asbestos. <br />• Excavation and dredging. <br />• Sudden and accidental release of pollutants below ground or within or on <br />the surface of any body of water. <br />• Auto no-fault claims. <br />• Uninsured/underinsured motorist claims. <br />• Workers’ compensation, disability, or unemployment claims. <br />• Claims under the medical payments coverage. <br />• Claims arising from the activities of outside organizations. <br />• No-fault sewer backup <br />• Liquor liability, unless the city has specifically requested it. <br /> c. Contracts may require higher coverage limits <br /> <br /> <br /> <br />LMC information memo, <br />Making and Managing City <br />Contracts, Section IV.B.6, <br />Umbrella/excess insurance. <br /> <br /> <br />Occasionally, a contract might include a requirement the city carry more than <br />$2 million per occurrence in coverage limits. Carrying excess coverage is a <br />way to meet these requirements. Cities can also contact LMCIT and request <br />an endorsement to increase the city’s coverage limit only for claims relating to <br />that contract. There’s a small charge, and the contract and additional <br />underwriting information may be required. <br /> d. Multiple political subdivisions <br /> There may be more than one political subdivision covered under the city’s <br />coverage. <br />See Section III.Q, Separate <br />city boards and <br />commissions. <br />A housing and redevelopment authority (HRA), economic development <br />authority (EDA), or port authority are separate political subdivisions.