Breakdown of FY22 Insured Values by Asset
Station Assets by City Insurable Value Premium 50% of Premium Fontana $ 3,990,000.00 $ 5,423.58 $ 2,711.79 Canopies $ 2,520,000.00 $ 3,425.42 $ 1,712.71 Platform - Metrolink $ 1,470,000.00 $ 1,998.16 $ 999.08 Montclair $ 15,540,000.00 $ 21,123.43 $ 10,561.71 Platform - Metrolink $ 2,940,000.00 $ 3,996.32 $ 1,998.16 Pedestrian Crossing - Underpass $ 12,600,000.00 $ 17,127.10 $ 8,563.55 Ontario $ 5,040,000.00 $ 6,850.84 $ 3,425.42 Canopies $ 2,100,000.00 $ 2,854.52 $ 1,427.26 Platform - Metrolink $ 2,940,000.00 $ 3,996.32 $ 1,998.16 Rancho Cucamonga $ 18,340,000.00 $ 24,929.45 $ 12,464.73 Canopies $ 2,800,000.00 $ 3,806.02 $ 1,903.01 Platform - Metrolink $ 2,940,000.00 $ 3,996.32 $ 1,998.16 Pedestrian Crossing - Underpass $ 12,600,000.00 $ 17,127.10 $ 8,563.55 Redlands $ 7,560,000.00 $ 10,276.26 $ 5,138.13 Canopies (Downtown) $ 490,000.00 $ 666.05 $ 333.03 Platform – Metrolink (Downtown) $ 1,470,000.00 $ 1,998.16 $ 999.08 Platform - Arrow Service (Downtown & University) $ 5,600,000.00 $ 7,612.05 $ 3,806.02 Rialto $ 3,990,000.00 $ 5,423.58 $ 2,711.79 Canopies $ 2,520,000.00 $ 3,425.42 $ 1,712.71 Platform - Metrolink $ 1,470,000.00 $ 1,998.16 $ 999.08 San Bernardino $ 24,281,553.80 $ 33,005.77 $ 16,502.88 Canopies (Depot, SBTC) $ 3,533,236.00 $ 4,802.71 $ 2,401.35 Platform – Metrolink (Depot & SBTC) $ 9,590,000.00 $ 13,035.63 $ 6,517.81 Platform - Arrow Service (SBTC & Tippecanoe) $ 1,120,000.00 $ 1,522.41 $ 761.20 Platform - Museum Tracks (Depot) $ 2,940,000.00 $ 3,996.32 $ 1,998.16 Pedestrian Crossing – Overpass (Depot) $ 7,098,317.80 $ 9,648.70 $ 4,824.35 Upland $ 3,640,000.00 $ 4,947.83 $ 2,473.91 Canopies $ 2,170,000.00 $ 2,949.67 $ 1,474.83 Platform - Metrolink $ 1,470,000.00 $ 1,998.16 $ 999.08 Grand Total $ 82,381,553.80 $ 111,980.75 $ 55,990.37 *Costs for Arrow infrastructure in FY22 are representative and not actuals as the period of insurance will be less than 12 months.
FY23 Projections for Insurance Costs
City Insured Value Insured Value Premium Share to City due in FY24 Fontana $ 4,389,000.00 $ 6,247.68 $ 3,123.84 Montclair $ 17,094,000.00 $ 24,333.05 $ 12,166.53 Ontario $ 5,544,000.00 $ 7,891.80 $ 3,945.90 Rancho Cucamonga $ 20,174,000.00 $ 28,717.39 $ 14,358.69 Redlands $ 8,316,000.00 $ 11,837.70 $ 5,918.85 Rialto $ 4,389,000.00 $ 6,247.68 $ 3,123.84 San Bernardino $ 33,690,638.52 $ 47,958.12 $ 19,010.44 Upland $ 4,004,000.00 $ 5,699.63 $ 2,849.82 Grand Total $ 97,600,638.52 $ 138,933.04 $ 64,497.90 *Projected cost estimates a 10% increase in the Insured Value as well as a 5% increase in Premium Rates over the Insured Values and Premium Rates from FY22. Subject to change.