Title
Approval of insurance deductible payment to repair Police Department Ford Explorer
Body
SUMMARY: On 3/12/2019, a police officer was involved in a single vehicle accident. Damages have been appraised at $14,344.73 by the City’s insurance carrier. This number puts the estimated damage at 48% of the value of the vehicle. In order for the vehicle to be a total loss, damages have to be at 75%.
Estimates have been obtained to repair the 2017 Ford Explorer Police Interceptor.
Our insurance company, and adjuster, advises that this vehicle have another estimate performed once the vehicle is torn down. They believe there will be additional damage discovered.
The City has a $5,000 deductible on property damage. If vehicle can be repaired, our final obligation will be $5,000 to the repair shop.
BUDGET ACCOUNT: 110-42100-261
Recommended Action
NECESSARY COUNCIL ACTION: Approve payment of deductible