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32 <br /> Dram Shop/Liquor Liability <br /> Three company's bid on the liquor. liability.coverage. -(Christopher Skelton from-Sunrise Park <br /> Insurance Agency will be present to answer questions).,Competitive bidding is always beneficial <br /> and creates competition between vendors. <br /> The cost for coverage from these carriers varied in price, as did the coverage offered. United <br /> National Insurance Company (last years carrier) was the low bidder, provides excellent coverage <br /> that complies with State Statues relating to Dram Shop coverage. <br /> Recommendation: <br /> Staff recommends approval of the following municipal & liquor insurance coverage totaling <br /> $169,205 for the upcoming year (Includes $10,000 Deductible Per Occurrence/$50,000 <br /> Aggregate): <br /> 1) Council approve the League of Minnesota Cities insurance proposal <br /> for the following: <br /> A. Property. $ 8,898 <br /> B. Inland Marine $ 2,574 <br /> C. Boiler/Machinery $ 1,690 <br /> D. Blanket Bond/Fidelity $ 779 <br /> E. Automobile $17,967 <br /> F. General Liability $40,923 <br /> G. Open Meeting Law $ 751 <br /> H. Volunteers Accident Plan $ 1,161 <br /> 2) Council approve workers' compensation coverage totaling $71,316 which <br /> includes an Employee Managed Care Plan. <br /> 3) Council approve United National Insurance Company as the City's <br /> On-Sale/Off-Sale liquor liability carrier at a cost of$23,146. <br />