2025 Proposal of Insurance Services

Secure Your Success

Village of Red Hook

Creating a future that’s safer and more secure.

Empowering our customers to predict, prepare for, and preempt risk.

Break free of the traditional insurance broker model as it doesn’t address your problems.

RISING INSURANCE COSTS IMPACT EVERY ASSET AND ASPECT OF YOUR BUSINESS:

PROPERTY LIABILITY EMPLOYEES AUTO

Selling and renewing insurance without understanding YOUR needs

Lacking insights on what’s driving losses and insurance costs

Failing to educate you on alternative solutions (e.g. high deductible options, captive programs or self-insured retentions)

Robotic annual renewal processes that lack strategic planning

Operating within a restricted marketplace

Absence of claim advocacy and trend analysis

vs. Implementing Tactical Risk Approach

Maintaining Current Path

AND STILL, YOU’RE NOT ADDRESSING THE FULL COST OF YOUR ORGANIZATION’S RISK

• Higher Premiums, Fines & Penalties

• ▪ Productivity Loss ▪ Sick Pay ▪ Medical Expenses

• pay’ ▪ Accident Investigations ▪ Physical Damage ▪ Replacement Worker and Temporary Labor staffing

• ▪ Overtime Costs ▪

  • Replacement Worker and Temporary Labor staffing

  • Reputational Damage

You need solutions that bend the curve.

Sticking with traditional methods won’t lower your total cost of risk, but they might lower your protection.

Years

Marshall+Sterling’s Tactical Risk Approach delivers results.

Together, we execute a comprehensive risk management plan for your business, supported by resources and solutions that put you in control.

• • Strategic planning meetings to determine business shortand long-term goals and objectives.
• • Foster a safer workplace, reducing employee turnover and increasing morale with in-house loss control resources.
• • Teams focused on assisting you in achieving your business goals, helping you decide where to accept or transfer risk, and how best to finance your risk mitigation program.
• • Attract insurance carriers who compete for your business.
• • Create opportunity for alternative funding options.
• • In-house claim teams to develop trend analysis and hold quarterly claim review meetings.
• • Leverage our experience, regulatory expertise and industry best practices to develop programs that help you predict and pre-empt future losses and claims.

EXAMPLE:

Workers Comp Policy

Analyzing past claims and implementing best practices helped reduce one organization’s MOD, lowering their costs over time by 16%

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$100K $80K $60K $40K $20K YEAR 1 YEAR 2 ----- End of picture text -----

Reduction in MOD from 1.1 to 0.9 by year 2

Gain insights from…

Marshall+Sterling Online

Our Toolbox includes thousands of up-to-date tools and resources for all industries.

• Learning Management Systems 150+ online employee training courses.

• @ ©.

Workers Compensation Analysis

Identify root causes and mitigate losses directly affecting your premium.

Risk Mitigation Resources

Our in-house Risk Mitigation and Loss Control team analyzes your business operations to discover the sources of your organization’s losses and claims to convert challenges into opportunities.

• • Workplace Hazard Assessment
• • On-site Inspections
• • In Person or Virtual Training
• • Driver Safety
• • OSHA Compliance
• • Documentation & Record-keeping Reviews

Our Service Model

Our dedicated teams work across areas of expertise to bring you a complete risk assessment, monitor your progress and anticipate emerging needs, and advocate with insurers on your behalf.

• Job Hazard Review|| ||||||Planning Consultation|||| |||||+|Online Toolkit||+ Safety Videos|| |{4|Technical Solutions|||+

+|OSHA Programs / Training OSHA Log Analysis Imaging and Measuring Software||+ Experience Modification Analysis Reporting

• Benchmarking Reports|| |||||+|Workplace Safety Compliance||+ Defensive Driving||

• Client Newsletters

• Compliance Updates Program **

• OSHA Assessments & Training

• TIPS Training

• Regulatory & Compliance News

• Webinars & Educational Events

• Industry Insights Compliance Communications [séSe

• Claims Support & Reviews

• Service Timelines

• Stewardship Reports

• 24-Hour Claims Reporting

• Partnered Target Programs with Specialized Carriers

• Advanced Industry Knowledge Service Team Approach Industry Vertical Expertise ey~~———~~

|||||+|Niche Market Expertise & Selection|||| ||||||||** Proprietary Service|| ||||||SALES EXECUIVE|||| ||||||ACCOUNT MANAGER|||| |||||||||| |||||||||| ||Claims Team||||Risk Mitigation Team Loss Trend Analysis Team Market Placement Specialist|||| HR & Compliance Support Technology Solutions Day-to-day Service Team ee ee

Agenda

• Tactical Risk + Team Introduction + Loss Control Overview + Coverage & Premium Analysis + Service Timeline + Marshall+Sterling Advantage

M+S Team

Melissa Crosson, AU Account Manager Office: 845-454-0800 Ext. 2567 Cell: 329-207-9177 mcrosson@marshallsterling.com

Shelli Rollinson

Client Service Specialist Office: 845-343-2138 Ext. 2181 srollinson@marshallsterling.com

Susan Bennett

Claims Supervisor Office: 845-454-0800 Ext. 2297 Cell: 845-527-6434 sbennett@marshallsterling.com

Plan Management

Our service model is built to put you at the center of our team of specialists . We have in-house experts in all the major service areas who work collaboratively to create the best solutions for your organization.

• • Dedicated Sales Executive and Account Manager
• • Quarterly plan review meetings and a tailored implementation timeline
• • Concierge-style client support
• • Access to resources and data analysis
• • On-site loss control
• • Employee risk mitigation
• • Training + education , on-site and virtual

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Sales Executive Account Manager Market Loss Trend Risk Mitigation Claims Team Placement Analyst Team Specialist

HR and Technology Client Service Compliance Services Team Support ln ----- End of picture text -----

Municipality Risk Control Services

We are dedicated to providing high-quality training and consultative services; those that are industry specific and comply with state and federal regulations. Our goal is to nourish a safe and healthy work environment through current and diverse training presentations and methods.

Here are just some of the resources at your disposal:

On-Site Inspections

• • Our in-house loss control inspections mirror those performed by insurance carriers.
• • We provide custom recommendations and help implement solutions.
• • Key Advantage: Findings help resolve issues without triggering adverse .

• underwriting decisions

Risk Control Services

• • DOT Mock Audits
• • Safety Reports
• • Review of Safety Programs and Guides
• • PESH Recordkeeping Assistance
• • Building Reconstruction Values
• • Experience Modification Analysis

Municipal Loss Control Training and Education

• • Driver Safety
• • Playground Safety
• • 10 Hour OSHA - Construction
• • Personal Protective Equipment
• • Fall Protection
• • Walking/Working Surfaces
• • Hazard Communication
• • Confined Space
• • Bloodborne pathogens
• • ZyWave Learning System (Access to 200+ online interactive safety & compliance trainings)

Industry Loss Trends

Premises + Operation Liability:

Conducting routine evaluations helps to identify and address potential hazards. Clear and visible signage placed in public areas promotes safe practices and alerts residents and visitors to potential risks. Additionally, utilizing well-drafted contractual agreements with vendors is crucial to transferring risk and protecting the Village’s interests..

Employee Safety:

To ensure the safety of its workforce, the village can conduct regular safety training, worksite inspections, and ergonomic assessments. Providing appropriate PPE, implementing health and wellness programs, and maintaining clear accident reporting protocols will help reduce injuries and foster a culture of safety across all departments

Crime:

Municipalities are exposed to financial crime risks, including theft, fraud, and embezzlement. Implementing secure access controls for managing village funds can significantly mitigate these risks. Adopting robust financial procedures and conducting regular audits will further safeguard assets and prevent potential financial losses.

Auto Liability:

The Village of Red Hook can enhance fleet safety by implementing regular driver training, continuously reviewing telematics data, and conducting routine vehicle maintenance. Encouraging safe driving practices and addressing distracted driving risks will help reduce accidents and protect employees and the public.

Cyber Risks:

With municipalities increasingly reliant on digital systems, cyber risks pose a significant exposure for the Village of Red Hook. We recommend conducting regular cybersecurity training for employees, implementing robust data backup protocols, and performing periodic vulnerability assessments to strengthen overall cyber resilience.

Risk Recommendations

Our team is committed to providing you recommendations to reduce the frequency and severity of claims.

Premises + Operational Liability

• • Create a slip, trip, and fall prevention program with regular assessments.
• • Conduct routine inspections of facilities to identify and address hazards.
• • Provide ongoing safety training for employees.
• • Install clear and visible signage to promote safety.
• • Utilize vendor contracts for effective risk transfer.

Employee Safety

• • Develop a safety training program for all employees, as appropriate with their job function, with regular refreshers.
• • Review and update employee handbooks, job descriptions, and safety manuals.

Auto Liability

• • Regularly review and update driver safety manuals to include the latest best practices, legal requirements, and guidance on safe driving techniques. Ensure all municipal drivers have access to these manuals and acknowledge receipt.
• • Use insights from telematics systems to include specific examples and

• scenarios in the manuals, addressing trends like speeding, hard braking, and distracted driving to promote safer driving habits.

Cyber Risks

• • Email security to protect data, and multifactor authentication

These are just a sampling of some risk recommendations, for more information or questions please contact us.

Coverage + Premium Summary Village of Red Hook

Premium Summary & Signature Page

|Property NYMIR $13,287.23 $14,966.81|Property NYMIR $13,287.23 $14,966.81|Property NYMIR $13,287.23 $14,966.81|Property NYMIR $13,287.23 $14,966.81| |---|---|---|---| |Boiler & Machinery NYMIR $1,749.00 $2,004.00|||| |Inland Marine NYMIR $4,140.00 $4,140.00|||| |General Liability NYMIR $7,819.00 $8,615.00|||| |Cyber Liability NYMIR $1,372.00 $1,375.00|||| |Public Officials NYMIR $6,408.00 $7,955.00|||| |Law Enforcement NYMIR $23,766.00 $28,964.00|||| |Business Auto NYMIR $13,927.47 $14,825.00|||| |OCP Dept of Public Works NYMIR $275.00 $275.00|||| |OCP Perm 33 NYMIR $275.00 $275.00|||| |OCP Perm 17 NYMIR $275.00 $275.00|||| |Excess Liability NYMIR $13,992.00 $15,076.00|||| ||||| |Total Premium||$87,285.70|$98,745.81|

*Total premium includes any applicable fees.

Subject To:

•  Signed Proposal

•  Signed Acords

•  Most Recent Annual Municipal Budget

-Terrorism coverage must be accepted or declined prior to binding of policy.

-Higher limits of liability may be available to you. If you would like a quotation for higher limits, please let us know.

-This is a proposal for Insurance Agent or Broker services. Additional Risk Management services require a separate signed contract.

The abbreviated outline of insurance coverage contained in this proposal is not intended to express any legal opinion as to the nature of coverage. The abbreviated summary of insurance coverage set forth in this proposal is subject to all of the terms, conditions, exclusions and limitations of the policy(ies) in current use by the insurance company(ies) listed for the summarized coverage. In order to fully understand the terms, conditions, exclusions and limitations of the insurance policy(ies) referred to in this proposal, you should request and review a specimen copy of the policy(ies).

Proposal accepted as presented:

______________________________

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This quotation may vary from the coverage requested. You must review this proposal and all the related documents included with it carefully.

At the time of this proposal, NYMIR was rated by A.M. Best as “A-”, Financial Class size VII. An “A-” rating is assigned to insurance companies that have, in the opinion of A.M. Best, an excellent ability to meet their ongoing insurance obligations.

Employee Benefits Liability Coverage provided under the General Liability policy and Excess Liability policy, Public Officials Liability (primary and excess policies), Healthcare Professional Liability — Claims Made and portions of the Cyber Breach and Liability policies are written on a claims-made basis. There is no coverage for claims arising out of incidents, occurrences or alleged wrongful act(s) which took place prior to the retroactive date stated in each policy. Each policy covers only claims made against the Insured and reported to the Company while the policy remains in effect. Review the quote proposal for the applicable Line of Business for further details regarding the available extended reporting period and supplemental extended reporting period options that are available for the respective policies.

Descriptions of coverage in this and other proposal documents have been simplified and are subject to the coverage offered and the complete policy terms and conditions. In the event of a discrepancy between this proposal and the actual policies of insurance issued including subsequent policy endorsements, the complete policy(ies) shall be the governing document. Policy forms are available upon request.

The complete policy terms, conditions and exclusionary provisions, as well as the facts of any allegation that could lay raise to a claim under any policy would need to be evaluated in their entirety as respects any coverage determination in an actual claim situation. None of this material amends, or otherwise affects, any provisions or coverage of any insurance policy issued by the New York Municipal Insurance Reciprocal. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

A written request for binding any coverage quoted here must be sent to, acknowledged, and accepted by NYMIR, prior to the policy inception date.

• Coverage cannot be bound until the following items are received, reviewed, and accepted by underwriting:

• e The signed application documents, including: o Most recent annual municipal budget. o Updated Auto and Inland Marine Schedules or Property Statement of Values, as applicable. o Any applicable mandatory state forms required to be signed and dated by the applicant.

• e Email to the underwriter with your request to bind and include any requested documents on or prior to the expiration date of the quote.

QUOTATION AND COVERAGE FEATURES

NYMIR is a not-for-profit company that has been insuring New York State municipalities for over 26 years. As a not-for-profit insurer, NYMIR has been able to share underwriting earnings and has distributed profits for three consistent years to its members. Since insureds are considered owners of the company, they benefit from savings and profits not available from traditional insurance companies. Over 900 municipalities currently take advantage of the enhanced coverage and services offered by NYMIR.

Board of Governors

The NYMIR Board of Governors is comprised of 13 dedicated and experienced local officials elected by Subscribers. This Board sets policies and works closely with NYMIR to develop coverages and risk management services and set premium rates.

NYMIR RISK MANAGEMENT PROGRAM

The NYMIR Risk Management Program is designed specifically for municipalities, created to address the unique loss exposures of local governments.

This benefit assists in minimizing the frequency and severity of losses. We are pleased to offer you these valuable risk control services and resources as part of this insurance proposal:

Facility and Operational Assessments: An on-site risk visit of the municipality's facilities, operations and activities is done regularly for each subscriber a follow-up report is generated listing practical suggestions for improving safety and loss control.

Consultations upon Request: Additional visits to evaluate specific areas (e.g. sidewalks, equipment, and parks) are scheduled as requested by subscribers.

Certificate of Insurance/Contract/Bid Specifications Review: NYMIR Risk Management helps subscribers reduce the costs of claims by assisting with transfer of risk using insurance certificates and indemnification language. These transfers typically involve users of facilities, contractors, and intermunicipal agreements.

Attendance at Subscriber Safety Committees: NYMIR Risk Management Consultants will attend safety committees throughout New York State, and provide technical assistance and resource material.

Risk Management Consulting Services: Subscribers have unlimited access to NYMIR Risk Management Consultants to answer questions or conduct research concerning physical hazards, municipal activities, procedures, transportation, etc.

NYMIR PROPERTY APPRAISAL

Appraisal Program: This is a value-added service that will benefit your municipality. A professional appraisal company will conduct an independent valuation appraisal of your buildings with values of $50,000 or greater scheduled on the statement at no cost to you. This allows property coverage to be written with an Agreed Amount valuation.

*Please note: This proposal does not expand coverage beyond what is provided in the policy. For complete policy information, please contact NYMIR.

Quote Number: Q-04650

Commercial Property

Quote Number: Q-04650

Quote Number: Q-04650

PROPERTY COVERAGE FEATURES

• e Earthquake & Excess Flood: This coverage is automatically provided at $1,000,000 with a $25,000 deductible to protect municipal buildings and contents from these potentially catastrophic causes of loss. Flood Zones A & V are covered up to $1,000,000 with a $500,000 deductible. NYMIR will provide flood certification for each of your locations as they become available.

• e Pollution Clean-up: in each policy period $50,000 is available for expenses you incur for clean-up of “pollutants” for land, air or water from covered real property.

• e Asbestos Clean-up, Abatement & Removal: $50,000 if as a result of a specified cause of loss as notated in your policy.

• e Enhanced Muni Pac Coverage Extensions, including the following:

Quote Number: Q-04650 Public Use $100,000 Your Use $10,000 eeContents $1,000 * Increased limits available for these coverages.

Please note: This proposal does not expand coverage beyond what is provided in the policy. For complete policy information, please contact NYMIR.

Quote Number: Q-04650

Inland Marine

||SCHEDULEDPROPERTY|SCHEDULEDPROPERTY|LIMITSOF INSURANCE|DEDUCTIBLE|DEDUCTIBLE|PREMIUM||| |---|---|---|---|---|---|---|---|---| ||Auto Physical Damage||$463,120||$500|$3,005||| ||Contractor's Equipment||$152,648||$500|$991||| ||Per Schedule||$2,000||$250|$13||| ||Small Tools||$20,000||$250|$131||| |||See NYMIR Schedule of Inland Marine for details.||||||| |TOTALINLANDMARINEPREMIUM:|||||||$4,140||

Quote Number: Q-04650

INLAND MARINE FEATURES

• e Rental Expense Reimbursement up to $500 per day for rental of substitute equipment when a covered cause of loss occurs to covered property.

• e $100,000 available to cover your legal or contractual liability for loss or damage to equipment that you lease, rent or borrow from others.

• e Agreed Value is applicable to vehicles scheduled for auto physical damage and contractors equipment on th: Inland Marine policy. An annual updated schedule of values is required.

• e Expenses exceeding 75% of the agreed value of a vehicle or equipment will be considered a total loss. e $1,000,000 coverage for all individually scheduled equipment for damage caused by earthquake or flood.

*Please note: This proposal does not expand coverage beyond what is provided in the policy. For complete policy information, please contact NYMIR.

Quote Number: Q-04650

Commercial General Liability

LIMITS OF INSURANCE EACH OCCURRENCE LIMIT $1,000,000 GENERAL AGGREGATE LIMIT $3,000,000 PRODUCTS-COMPLETED OPERATIONS LIABILITY LIMIT $1,000,000 PERSONAL INJURY & ADVERTISING INJURY LIMIT $1,000,000 DAMAGE ANY ONE TO PREMISES RENTED TO YOU LIMIT $50,000 PREMISES MEDICAL ANY ONE EXPENSE LIMIT $5,000 PERSON COVERAGE FORM Occurrence [ X ] Claims-Made [ J]

EMPLOYEE BENEFITS LIABILITY (CLAIMS MADE) LIMIT EACH EMPLOYEE/AGGREGATE $1,000,000 / $1,000,000 DEDUCTIBLE $1,000 RETROACTIVE DATE Full Prior Acts EMPLOYEE BENEFITS LIABILITY COVERAGE PREMIUM INCLUDED ADDITIONAL INSUREDS

[No AstonalinuresSenedeed

TOTAL COMMERCIAL GENERAL LIABILITY PREMIUM:

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$ 8,615 ----- End of picture text -----

Quote Number: Q-04650

NOTICE REQUIRED BY THE NEW YORK INSURANCE LAW

The below disclaimer applies ONLY to any Employee Benefits Liability coverage provided by this policy.

The Employee Benefits Liability coverage of this policy provides insurance on a claims-made basis. This policy does not provide coverage for claims arising out of incidents, occurrences or alleged wrongful acts which took place prior to the retroactive date stated above. The policy covers only claims or incidents reported to NYMIR while the policy remains in effect, and all coverage under the policy, except for the 90day extended reporting period, ceases upon the termination of the policy unless the insured purchases optional extended reporting endorsement coverage. An optional extended reporting period will be offered for five (5) years for the Employee Benefits Liability coverage. The rates for the optional extended reporting endorsement coverage will be based on the rates in effect at the termination of coverage and these rates may be subject to substantial increase over rates currently in effect.

Quote Number: Q-04650

• e Failure to supply — Municipalities that operate water facilities face additional exposure for accidental events resulting in the municipality's failure to supply these services. Coverage is provided for this liability at full policy limits.

• e Acts of Terrorism — Automatic coverage for terrorism to full policy limits. e Sudden & Accidental Pollution Liability — A third-party (liability) coverage is provided. The Sudden & Accidental Pollution Liability Endorsement protects the municipality against suits for bodily injury or property damage arising out of pollutants that have been released due to a sudden and accidental event. Examples are pesticides, herbicides, above ground storage tanks, water treatment and sewer plants. These coverages have separate limits of insurance of $1,000,000 per occurrence.

• e Municipal Sponsored Recreation Programs — NYMIR supplies coverage for litigation that may arise from the exposures during supervised recreational programs.

• e Allegations of Sexual Abuse & Molestation — Full Policy limits are provided for protection against lawsuits alleging sexual abuse and molestation. This coverage applies to the named insured for allegations of negligent supervision, hiring and retention.

• e Court System Operations - Court system operations and judges’ actions in their capacity for your municipality are automatically covered. Malicious prosecution, false arrest, and other claims that emanate from court proceedings are automatically covered.

ALSO INCLUDED:

• e Volunteers as Insureds

• e Cemetery Professional Liability

• e Pay on Behalf Form for Additional Insureds by Written Agreement

• e Contractual Liability

• e Host Liquor Liability e Employed Engineers, Architects, Attorneys, Surveyors Liability e Elected Coroner

• e Worldwide Coverage Territory

ALSO AVAILABLE:

• e Special Events*

• e Watercraft Liability (up to 50 feet) e EMT & Paramedic Liability e Broad Additional Insured Coverage e Employed Social Workers, DA, conflict defenders, foster care

*Available with underwriting approval

EXCLUDED:

Clean up costs for pollutants associated with spills or from underground storage tanks.

Please note: This proposal does not expand coverage beyond what is provided in the policy. For complete policy information, please contact NYMIR.

Quote Number:Q-04650

Law Enforcement Liability

LIMITS OF INSURANCE EACH PERSON LIMIT EACH OCCURRENCE LIMIT ANNUAL AGGREGATE LIMIT DEDUCTIBLE LOSS ADJUSTMENT EXPENSES INSIDE/OUTSIDE DEDUCTIBLE

$1,000,000 $1,000,000 $2,000,000 $5,000 Outside

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SCHEDULE OF LAW ENFORCEMENT OFFICERS FULL-TIME ARMED FULL-TIME UNARMED PART-TIME ARMED PART-TIME UNARMED PART-TIME COURT OFFICERS SCHOOL RESOURCE OFFICERS *Number of officers is based off number of ratable hours. ----- End of picture text -----

[No Asctonal sures Seheded ADDITIONAL INSUREDS TOTAL LAW ENFORCEMENT LIABILITY PREMIUM:

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$28,964 ----- End of picture text -----

Quote Number:Q-04650

LAW ENFORCEMENT LIABILITY COVERAGE FEATURES

Full Policy limits are available for the following exposures:

• e Allegations of false arrest, excessive force, malicious prosecution and unlawful search and seizure

• e Violations of civil rights

• e Building related illnesses e Claims of abuse and molestation

• e Supervisory exposures in directing auto pursuits e Department approved, ‘off duty’ moonlighting

In addition, NYMIR’s policies offer the following conditions:

• e Consent to settle coverage is provided to protect police professionals against the volatile exposures they face daily

• e Defense Expenses in Addition to Limit e Worldwide Coverage

Please note: This proposal does not expand coverage beyond what is provided in the policy. For complete policy information, please contact NYMIR.

Quote Number: Q-04650

Public Officials Liability

LIMITS OF INSURANCE PER CLAIM LIMIT $1,000,000 ANNUAL AGGREGATE LIMIT $2,000,000 LAND USE LIABILITY PER CLAIM LIMIT $1,000,000 LAND USE LIABILITY ANNUAL AGGREGATE LIMIT $1,000,000 DEDUCTIBLE $2,500 LOSS ADJUSTMENT EXPENSES INSIDE/OUTSIDE DEDUCTIBLE OUTSIDE RETROACTIVE DATE Full Prior Acts

EXTENDED EMPLOYMENT PRACTICES LIABILITY BACK WAGES PER CLAIM LIMIT $250,000 BACK WAGES ANNUAL AGGREGATE LIMIT $500,000 BACK WAGES DEDUCTIBLE $2,500 EEOC PER CLAIM LIMIT $50,000 EEOC ANNUAL AGGREGATE LIMIT $100,000 FLSA PER CLAIM LIMIT $50,000 FLSA ANNUAL AGGREGATE LIMIT $100,000 EXTENDED EMPLOYMENT PRACTICES LIABILITY PREMIUM: INCLUDED

TOTAL PUBLIC OFFICIALS POLICY PREMIUM:

$7,955

NOTICE REQUIRED BY THE NEW YORK INSURANCE LAW

This policy provides insurance on a claims-made basis. This policy does not provide coverage for claims arising out of incidents, occurrences or alleged wrongful acts which took place prior to the retroactive date stated above. The policy covers only claims or incidents reported to NYMIR while the policy remains in effect, and all coverage under the policy, except for the 90-day extended reporting period, ceases upon the termination of the policy unless the insured purchases optional extended reporting endorsement coverage. An optional extended reporting period will be offered for one (1) year, two (2) years, or three (3) years for additional premium. The rates for the optional extended reporting endorsement coverage will be based on the rates in effect at the termination of coverage and these rates may be subject to substantial increase over rates currently in effect.

Quote Number: Q-04650

PUBLIC OFFICIALS’ LIABILITY COVERAGE FEATURES

This errors and omissions liability policy provides several significant extensions of coverage that are unique to municipalities. The following coverages are included:

• e Employment Practices Liability e Allegations of Civil Rights and/or Discrimination-

• e Public Water Utility e Day Care, Day Camp, Nursery or similar facility e Land Use

• e Back Pay

• e Equal Employment Opportunity Commission Claims Coverage (EEOC) e Fair Labor Standards Act Claims Coverage (FLSA)

• In addition, NYMIR’s policy provides the following conditions:

  • e The Policy Deductible applies ONLY when an indemnity payment is made. With approximately 80% of all claims providing only defense costs, this could result in a significant savings in the event of a covered loss.

  • e Consent to Settle Coverage- requires approval from the municipality before a claim can be settled. You will be informed on how a case is developing and will have the right to review a proposed settlement before it is finalized.

  • e Defense Costs are Payable in Addition to Limits- expenses that NYMIR incurs in order to defend you will not reduce your policy limits. Your full limits will be available to settle possible indemnity payments.

  • e Worldwide Coverage

Please note: This proposal does not expand coverage beyond what is provided in the policy. For complete policy information, please contact NYMIR.

SCHEDULE

Blanket Property

| 001-001 | Building | 7467 | BuildingValue _ | Contents Value | | 001-002 | Village Hall | S. | - | $3,'623,953 | | 002-001 | Electrical Car Station | Broadway, | - | $136,240 | | 002-002 | Highway Garage | Red Hook, | - | $16,514 | | 002-003 | White Storage | NY 12571 | - | $426,750 | | 002-004 | Supply Bldg | 7467 | - | $11,010 | | 002-005 | Pump House/Water Dist Office | S. | - | 3,219 | | 002-006 | Pump House | Broadway, | - | $3,194 | | 002-007 | #1 | Red Hook, | - | p43 ,599 | | 002-008 | Pump House | NY | - | $15,954 | | 003-001 | #4 | 12571 | - | S422, 526 | | 004-001 | Pump House | S/S Firehouse Lane, | - | $16,783 | | 005-001 | #9 | Red Hook, | - | S8 Mp5 | | 006-001 | & Storage | NY 12571 | - | $796 | | 007-001 | Pole Barn | S/S Firehouse Lane, | - | 58,055 | | 007-002 | Pump House | Red Hook, | - | $796 | | 007-003 | #11 | NY 12571 | - | $16,109 | | 008-001 | Water Storage Tank | S/S Firehouse Lane, | - | $796 | | 008-002 | Well Pumps | Red Hook, | - | $81,606 | | - | Tourist | NY 12571 | - | $5,505 | | - | Info Booth | S/S Firehouse Lane, | - | $6,055 | | - | Well Pump | Red Hook, | - | $796 | | - | Water Tank | NY 12571 | - | $1,260,017 | | - | Water Tank | S/S Firehouse Lane, | - | $5,637 | | - | WWTP | Red Hook, | - | $796 | | - | WWTP | NY | - | $24,164 | | - | - | 12571 | - | $8,055 | | - | - | S/S Firehouse Lane, | - | $796 | | - | - | Red Hook, | - | $966,507 | | - | - | NY 12571 | - | $708,726 | | - | - | S/S Firehouse Lane, | - | $868,454 | | - | - | Red Hook, | - | $2,544,000 | | - | - | NY 12571 | - | - | | - | - | S/S Firehouse Lane, | - | - | | - | - | Red Hook, | - | - | | - | - | NY 12571 | - | - | | - | - | N/S Firehouse | - | - | | - | - | Lane, | - | - | | - | - | Red Hook, | - | - | | - | - | NY 12571 | - | - | | - | - | Tower La, | - | - | | - | - | Red Hook, | - | - | | - | - | NY | - | - | | - | - | 12571 | - | - | | - | - | Route | - | - | | - | - | 199, | - | - | | - | - | Red Hook, | - | - | | - | - | NY | - | - | | - | - | 12574 | - | - | | - | - | Route | - | - | | - | - | 9N, | - | - | | - | - | Red Hook, | - | - | | - | - | NY 12571 | - | - | | - | - | Firehouse | - | - | | - | - | La, | - | - | | - | - | Red Hook, | - | - | | - | - | NY 12571 | - | - | | - | - | Firehouse | - | - | | - | - | La, | - | - | | - | - | Red Hook, | - | - | | - | - | NY 12571 | - | - | | - | - | Firehouse | - | - | | - | - | La, | - | - | | - | - | Red Hook, | - | - | | - | - | NY¥ 12571 | - | - | | - | - | Smith Street, | - | - | | - | - | Red Hook, | - | - | | - | - | NY 22571 | - | - | | - | - | Smith | - | - | | - | - | Street, | - | - | | - | - | RedHook, | - | - | | - | - | NY“1251 | - | - |

MPR SOV 04 20

Totals: $10,844,001 $193,462 Blanket Limit Coverage @ 100% Coinsurance: $11,037,463 New York Municipal Insurance Reciprocal

Page 2 of 2

Village of Red Hook 7467 S. Broadway Red Hook, NY 12571

ye a rt ; Feere t

Policy Number:Q-04650 Inception Date: 06/01/2025 Expiration Date: 06/01/2026

NYMIR SCHEDULE OF INLAND MARINE Category Item Coverage Limit Deductible Auto Physical Damage Per Schedule on File $463,120 $500 Contractor's Equipment Per Schedule on File $152,648 $500 Per Schedule 2-Police Bikes $2,000 $250 Small Tools Per Schedule on File with Company $20,000 $250

MIM SCHED 06 20

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05/07/2025 10:35

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Quote Number: Q-04648

COMMERCIAL AUTO COVERAGE FEATURES

• e Automatic $3,000 Additional Equipment coverage for equipment installed on municipal vehicles. e Deductible reimbursement up to $1,000 for physical damage to any municipal employee’s personally owned vehicle while using in the course of municipal duties and responsibilities.

• e Replacement cost new valuation for police vehicles 10 years old or newer.

• e NYMIR Insured Vehicles -Automatic $3,000 Additional Equipment Extension is included to provide up to $3,000 per vehicle for equipment that is installed in and/or on the vehicle.

• e Sound Receiving Equipment -No exclusion for covered autos.

Policy Number: Q-04648

Effective Date: 06/01/2025

| Policy Number: | Coll Ded | Annual | | [Name Insured] | $250 | Premium | | Effective Date: | $500 | ($) | | [Insured Address 1] | FLTR | $1,432 | | Expiration Date: | $500 | $492 | | [Insured Address 1] | $500 | $181 | | [Insured City], [Insured State] [Insured ZIP] | $500 | $1,237 | | - | $500 | $492 | | NYMIR SCHEDULE OF VEHICLES | $250 | $1,237 | | Veh # | $250 | $1,044 | | Class | $500 | $630 | | Code | FLTR | $1,432 | | Year | $500 | $199 | | Make | FLTR | $778 | | Model | FLTR | $1,831 | | VIN | $500 | $614 | | Uninsured Motorist | - | $2,158 | | PIP | - | $743 | | Deductible | - | - | | Med Pay | - | - | | Tow- | - | - | | ing | - | - | | Cost New | - | - | | Comp | - | - |

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Quote Number: Q-04645

Owners and Contractors Protective Liability

NAMED INSURED & MAILING ADDRESS: The People of the State of New York, all municipal subdivisions thereof, As Per Named Insured Extension Schedule 1220 Washington Avenue Albany, NY 12232

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LIMITS OF INSURANCE EACH OCCURRENCE LIMIT $1,000,000 GENERAL AGGREGATE LIMIT $2,000,000 CLASSIFICATION CODE NO . RATE PREMIUM BASE TOTAL OWNERS AND CONTRACTORS PROTECTIVE LIABILITY PREMIUM: $275 ----- End of picture text -----

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Quote Number: Q-04646

Owners and Contractors Protective Liability

NAMED INSURED & MAILING ADDRESS: The People of the State of New York, all municipal subdivisions thereof, As Per Named Insured Extension Schedule 1220 Washington Avenue Albany, NY 12232

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LIMITS OF INSURANCE EACH OCCURRENCE LIMIT $1,000,000 GENERAL AGGREGATE LIMIT $2,000,000 CLASSIFICATION CODE NO . RATE PREMIUM BASE TOTAL OWNERS AND CONTRACTORS PROTECTIVE LIABILITY PREMIUM: $275 ----- End of picture text -----

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Quote Number: Q-04647

Owners and Contractors Protective Liability

NAMED INSURED & MAILING ADDRESS: The People of the State of NY, all municipal subdivision thereof, the Commissioner and NYS Dept of Transportation, the NYS Thruway Authority, ETAL 1220 Washington Avenue Albany, NY 12232

LIMITS OF INSURANCE EACH OCCURRENCE LIMIT $1,000,000 GENERAL AGGREGATE LIMIT $2,000,000

CLASSIFICATION CODE NO . RATE PREMIUM BASE TOTAL OWNERS AND CONTRACTORS PROTECTIVE LIABILITY PREMIUM: $275

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Quote Number: Q-04649

NYMIR’s Excess Policy provides additional limits over the policies detailed above in the Schedule of Underlying Policies. It offers true follow form coverage, providing excess protection for your municipality's volatile exposures.

The following exposures are not excluded (provided coverage exists on the underlying policy):

• e Employment Benefits Liability

• e Sexual Abuse & Molestation

• e Special Events Coverage

• e Failure to Supply

• e Land Use Liability

A

]

Service Timel

Executive Risk Review + Exposure Review|February 2026| |Service Timeline Stewardship|February 2026|

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