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<br />Insurance Option <br /> <br />It is understood that SIB is self -insured for both physical damage and third person <br />property injury. The SIB shall be responsible for all claims and losses caused by <br />operation of all vehicles under this contract to the fullest extent provided by law. The SIB <br />shall be responsible for any and all physical damages to a contract vehicle regardless of <br />fault and subrogation rights will be assigned. ROY AL will repair any and all contract <br />vehicles at an authorized repair facility. The SIB may at their discretion appraise said <br />vehicle prior to repair. A self-funded insurance statement shall be provided prior to pick- <br />up of contract vehicles. The SIB will hold harmless ROYAL from all claims, losses, <br />injuries whatsoever, including attorney fees, court costs or otherwise including all <br />appellate levels, relating to such use. sm shall not be responsible for any and all physical <br />damages that occur prior to the delivery of the vehicle at any employee of sm. <br /> <br />Rate Structure <br /> <br />Group I <br />Group II <br />Group III <br /> <br />$575.50 per month <br />$710 per month <br />$865 per month <br /> <br />$7440 per year <br />$8640 per year <br />$10380 per year <br /> <br />· For vehicle listings please see page 4. <br /> <br /> <br />~ <br />@ . Date: <br /> <br />Accepted by: <br />City of Sunny Isles Beach, Florida: <br /> <br />II/I-r-/VJ- <br /> <br /> <br />p)e~ \.~ <br />/~ ~~~ <br />