Miscellaneous Property STATE OF FLORIDA Miscellaneous Property Insurance Program Underwritten by: Allianz Global Corporate & Specialty This insurance is purchased and administered by the Department of Management Services, Division of State Purchasing. The insurance coverage outlined below is provided as an overview; please refer to the insurance policy for specifics. All questions relating to this policy should be directed to Willie Baca at 590-1126. DESCRIPTION OF ELIGIBLE PROPERTY: Including but not limited to: MUSEUM COLLECTIONS THEATRICAL EQUIPMENT AND PROPS OTHER MISCELLANEOUS PROPERTY AND EQUIPMENT DESCRIPTION OF COVERAGE: Broad Form Policy: This policy insures against risk of direct physical loss or damage to the insured property unless the loss or damage is an excluded exposure. Common exclusions: Government action Nuclear hazard War and military action Fungi, wet rot and dry rot Virus, Bacterium or other microorganism Mechanical breakdown Insects, birds, rodents, or other animals LIMIT OF INSURANCE: $2,500,000, any one covered location. $150,000 for any one item (greater limits are subject to underwriter approval). DEDUCTIBLE: $100.00 per occurrence for each covered loss, less than $2,500. $500.00 per occurrence for each covered loss $2,500 or greater. VALUATION: In the event of a loss, the policy will pay the least of the following: Actual cash value, this is replacement cost minus depreciation. The cost to reasonably restore the property to its condition immediately before the loss. The cost of replacing the property with substantially identical property. RATE: Annual rate = .195 per $100 of the insured value.