Insured TIV
$186.4M
Sum of location TIV on the schedule. A value — not an occurrence limit and not a sublimit.
Combined insurance program
Four programs, one authority
Unconverted public housing remains on the CBHA master. Converted RAD and LIHTC assets have left it. Oakridge is between them — builder’s risk bound, permanent quoted. Auto, WC, crime, cyber and public officials live only on the master.
Portfolio rates
Composite How calculated Sum of TIV on every location in this scope — dwellings and support sites. Matches the 2026 premium-year TIV. Program TIVs are the same dollars allocated by placement, not a second total. Board Report uses this same number.How calculated
$1.00 / $100
$186.4M TIV
In-force premium How calculated Premium on lines with status bound, master, or project. Quoted and gap premiums are excluded.How calculated
$1,871,950
Bound / master / project only
Indicated premium How calculated Premium recorded on quote or gap lines. It is not in-force and would not pay. Shown so the board can see the ask next to what is already bound.How calculated
$344,000
Quote and gap — not in force
Property
$.77 / $100
$1,438,500 property, flood, BR, IM
Casualty
$433,450
GL, umbrella, auto, WC, crime, D&O, cyber
Per unit
$1,946
962 units across the portfolio
Rate by program
All-lines rate is in-force premium over that program’s TIV. Property rate uses only property, flood, builder’s risk and inland marine.
| Program | TIV | Premium | All-lines | Property | Share |
|---|---|---|---|---|---|
CBHA Master Package Authority master | $83.6M | $965,950 | $1.16 / $100 | $.75 / $100 | 52% |
Eastview Terrace Project Program Converted RAD project | $28.4M | $288,000 | $1.01 / $100 | $.82 / $100 | 15% |
Riverbend Family Project Program Converted 4% LIHTC | $31.8M | $324,000 | $1.02 / $100 | $.90 / $100 | 17% |
Oakridge Court Conversion Program Live conversion | $42.6M | $294,000 | $.69 / $100 | $.69 / $100 | 16% |
| Portfolio | $186.4M | $1,871,950 | $1.00 / $100 | $.77 / $100 | 100% |
TIV across the portfolio
$186.4M insured value · 18 lines · 4 programs
- CBHA Master Package$83.6M · 45%
- Eastview Terrace Project Program$28.4M · 15%
- Riverbend Family Project Program$31.8M · 17%
- Oakridge Court Conversion Program$42.6M · 23%
TIV, occurrence, and sublimits
Three different recorded numbers. Do not treat schedule TIV as an occurrence limit or a sublimit.
Occurrence limits
Property — buildings: $83.6M blanket TIV · General liability: $1M / $2M · Umbrella / excess: $10M · Automobile: $1M CSL · 42 units
Per-occurrence (or equivalent) limits on in-force lines. Distinct from schedule TIV.
Sublimits
A. Privacy Liability (including Employee Privacy) $1,000,000 · B. Privacy Regulatory Claims Coverage $1,000,000 · C. Security Breach Response Coverage $1,000,000 · D. Security Liability $1,000,000 · E. Multimedia Liability $1,000,000 · F. Cyber Extortion $1,000,000 · Business Income Loss $1,000,000 · Restoration Costs $1,000,000 · Reputation Business Income Loss $1,000,000 · Systems Integrity Restoration Loss $250,000 · H. PCI DSS Assessment $1,000,000 · Phishing Loss $50,000 · Services Fraud Loss $100,000 · Reward Fund Loss $50,000 · Personal Financial Loss $250,000 · Corporate Identity Theft Loss $250,000 · Telephone Hacking Loss $100,000 · Direct Financial Loss (Funds Transfer Fraud) $100,000 · Cyber Deception $250,000 · Court Attendance Costs $100,000 · Bodily Injury / Property Damage Liability $250,000 · TCPA (Telephone Consumer Protection Act) $100,000 · HIPAA Corrective Action Plan Costs $50,000 · Post Breach Response $25,000 · Independent Consultant $25,000 · Outsourced Provider $250,000 · Computer System $250,000
Narrower limits inside a line (per-claim / aggregate). Not the blanket TIV and not the AOP deductible.
Deductibles — recorded precision
Basis, minimum, property vs program, and the policy reference. Source opens the document page and section. Not a coverage opinion.
| Deductible | Amount | Basis | Minimum | Applies to | Policy ref | Source |
|---|---|---|---|---|---|---|
| AOP | $25,000 AOP | As recorded on the program — not inferred as a % of TIV | $25,000 | CBHA Master Package | CBHA Master Package | Recorded program |
| Wind-hail | 2% of TIV | Percent of TIV as recorded | Minimum not recorded | CBHA Master Package | CBHA Master Package | Recorded program |
| Named storm | 5% of TIV | Percent of TIV as recorded | Minimum not recorded | CBHA Master Package | CBHA Master Package | Recorded program |
Authority master
CBHA Master Package
Housing Authority Specialty / admitted package
- TIV
- $83.6M
- In-force premium
- $965,950
- All-lines rate
- $1.16 / $100
- Property rate
- $.75 / $100
- AOP / named storm
- $25,000 AOP5% of TIV
- Flood
- NFIP on AE parcels; no excess
Covers every AMP that has not left public housing. Standalone — not currently in a regional housing-authority pool. Auto, WC, crime, public officials and cyber live only here.
| Line | Premium | Rate |
|---|---|---|
| Property — buildings | $612,000 | $.73 / $100 TIV |
| General liability | $54,000 | $106 / unit |
| Umbrella / excess | $72,000 | 0.72% of limit |
| Automobile | $88,000 | $2,095 / vehicle |
| Workers compensation | $94,000 | $4.20 / $100 payroll |
| Crime / fidelity | $9,500 | 0.95% of limit |
| Public officials / D&O | $22,000 | 1.10% of limit |
| Cyber and Privacy Liability | $1,950 | 0.19% of limit |
| Flood — NFIPgap | $32,000 | $.28 / $100 TIV |
| Inland marine / contractors equipment | $12,500 | $.69 / $100 TIV |
Converted RAD project
Eastview Terrace Project Program
Admitted habitational · layered property
- TIV
- $28.4M
- In-force premium
- $288,000
- All-lines rate
- $1.01 / $100
- Property rate
- $.82 / $100
- AOP / named storm
- $10,000 AOP2% of TIV
- Flood
- Not in SFHA · DIC not purchased
Post-RAD project program. HUD and the RAD lender are mortgagees. Tighter deductibles than the master; higher umbrella. No auto or public-officials coverage — those stay on the master.
| Line | Premium | Rate |
|---|---|---|
| Property — buildings | $234,000 | $.82 / $100 TIV |
| General liability + umbrella | $54,000 | $450 / unit |
Converted 4% LIHTC
Riverbend Family Project Program
Admitted habitational · single carrier
- TIV
- $31.8M
- In-force premium
- $324,000
- All-lines rate
- $1.02 / $100
- Property rate
- $.90 / $100
- AOP / named storm
- $25,000 AOP3% of TIV
- Flood
- NFIP max + $10M excess private
Zone AE mixed-finance asset. Flood is the structured placement. Investor LP/SP additional-insured wording is already matched.
| Line | Premium | Rate |
|---|---|---|
| Property — buildings | $248,000 | $.78 / $100 TIV |
| Flood — NFIP + excess | $38,000 | $.12 / $100 TIV |
| GL + umbrella | $38,000 | $250 / unit |
Live conversion
Oakridge Court Conversion Program
Builder's risk bound · permanent quoted
- TIV
- $42.6M
- In-force premium
- $294,000
- All-lines rate
- $.69 / $100
- Property rate
- $.69 / $100
- AOP / named storm
- $25,000 current / $10,000 requested5% current / 2% requested
- Flood
- SFHA determination pending
Managed on Conversion Hub. Permanent property is quote-only. Four potential variances are open, including deductible, named storm, flood and soft costs.
| Line | Premium | Rate |
|---|---|---|
| Builder's risk | $294,000 | $.69 / $100 TIV |
| Permanent property (quoted)quote | $312,000 | $.73 / $100 TIV |
| Floodgap | — | — |
Authority master · specialty
Cyber and Privacy Liability
Cyber and Privacy Liability 94.111 (07/19) · Crescent Bend Housing Authority
Aggregate limit
$1,000,000
Each claim or event, including claims expenses
Retention
$2,500 ($10,000 cyber deception)
Retention $2,500 ($10,000 cyber deception)
Premium
$1,950
January 1, 2026 – January 1, 2027
Carrier
BCS Insurance Company
Policy SAMPLE-CBHA-CYBER-2026
- Period
- January 1, 2026 – January 1, 2027
- Retroactive date
- Full prior acts
- Territory
- Worldwide
- Waiting period
- 8 hours
- Named insured
- Crescent Bend Housing Authority
- Choice of law
- Mississippi
- Applies to
- Authority systems · Crescent Bend Housing Authority (MS194)
- Form
- Cyber and Privacy Liability 94.111 (07/19)
Claims-made. Claims expenses reduce the limits of liability. HCV / PIC and tenant PII sit on the authority master. Converted sites use the same network. Sample declaration for the public demo — not a live policy.
Insuring agreements
Per-claim sublimit includes claim expenses. Nil / N/A on the form means not purchased — every row here is purchased.
| Coverage | Per claim | Aggregate | Retention |
|---|---|---|---|
A. Privacy Liability (including Employee Privacy) | $1,000,000 | $1,000,000 | $2,500 each / $2,500 agg |
B. Privacy Regulatory Claims Coverage | $1,000,000 | $1,000,000 | $2,500 each / $2,500 agg |
C. Security Breach Response Coverage | $1,000,000 | None | $2,500 each / $2,500 agg |
D. Security Liability | $1,000,000 | $1,000,000 | $2,500 each / $2,500 agg |
E. Multimedia Liability | $1,000,000 | $1,000,000 | $2,500 each / $2,500 agg |
F. Cyber Extortion | $1,000,000 | None | $2,500 each / $2,500 agg |
G. Business Income and Digital Asset Restoration
| Coverage | Per claim | Aggregate | Retention |
|---|---|---|---|
Business Income Loss | $1,000,000 | N/A | $2,500 each / $2,500 agg |
Restoration Costs | $1,000,000 | N/A | $2,500 each / $2,500 agg |
Reputation Business Income Loss | $1,000,000 | N/A | $2,500 each / $2,500 agg |
Systems Integrity Restoration Loss e.g. bricking | $250,000 | N/A | $2,500 each / $2,500 agg |
H. PCI DSS Assessment
| Coverage | Per claim | Aggregate | Retention |
|---|---|---|---|
H. PCI DSS Assessment | $1,000,000 | $1,000,000 | $2,500 each / $2,500 agg |
I. Electronic Fraud
| Coverage | Per claim | Aggregate | Retention |
|---|---|---|---|
Phishing Loss | $50,000 | None | $2,500 each / $2,500 agg |
Services Fraud Loss | $100,000 | None | $2,500 each / $2,500 agg |
Reward Fund Loss | $50,000 | None | $2,500 each / $2,500 agg |
Personal Financial Loss | $250,000 | None | $2,500 each / $2,500 agg |
Corporate Identity Theft Loss | $250,000 | None | $2,500 each / $2,500 agg |
Telephone Hacking Loss | $100,000 | None | $2,500 each / $2,500 agg |
Direct Financial Loss (Funds Transfer Fraud) | $100,000 | None | $2,500 each / $2,500 agg |
Cyber Deception e.g. social engineering | $250,000 | $250,000 | $10,000 each / None agg |
Supplemental limits
| Coverage | Per claim | Aggregate | Retention |
|---|---|---|---|
Court Attendance Costs | $100,000 | — | — |
Bodily Injury / Property Damage Liability | $250,000 | — | — |
TCPA (Telephone Consumer Protection Act) | $100,000 | — | — |
HIPAA Corrective Action Plan Costs | $50,000 | — | — |
Post Breach Response | $25,000 | — | — |
Independent Consultant | $25,000 | — | — |
Outsourced Provider | $250,000 | — | — |
Computer System | $250,000 | — | — |
Combined coverage schedule
Quoted and gap lines show an indicated rate and are not in the in-force premium.
| Line | Applies to | Limit | Retention | Carrier | Premium | Rate | Status |
|---|---|---|---|---|---|---|---|
Property — buildings Replacement-cost statements on 1958–1984 AMPs have not been re-appraised since 2023. | All unconverted ACC + support | $83.6M blanket TIV | $25K AOP · 5% named storm | HA specialty package | $612,000 | $.73 / $100 TIV | master |
General liability Habitational form. Converted LPs carry their own CGL. | Authority operations + ACC sites | $1M / $2M | $0 | HA specialty package | $54,000 | $106 / unit | master |
Umbrella / excess Lower than converted project umbrellas ($15M / $25M). | Authority master | $10M | Follows primary | Follow-form excess | $72,000 | 0.72% of limit | master |
Automobile Converted entities do not schedule vehicles here. | CBHA fleet only | $1M CSL · 42 units | $1,000 comp / collision | Admitted auto | $88,000 | $2,095 / vehicle | master |
Workers compensation | 47 CBHA employees | Statutory | None | State fund / admitted | $94,000 | $4.20 / $100 payroll | master |
Crime / fidelity Investor crime on Oakridge is a separate quote. | Authority + ACC sites | $1M | $10,000 | Package endorsement | $9,500 | 0.95% of limit | master |
Public officials / D&O Does not extend to LP general partners on converted deals. | Board and authority officers | $2M | $25,000 | Management liability | $22,000 | 1.10% of limit | master |
January 1, 2026 – January 1, 2027 Claims-made. Claims expenses reduce the limits of liability. HCV / PIC and tenant PII sit on the authority master. Converted sites use the same network. Sample declaration for the public demo — not a live policy. | Authority systems · Crescent Bend Housing Authority (MS194) | $1,000,000 | $2,500 ($10,000 cyber deception) | BCS Insurance Company | $1,950 | 0.19% of limit | master |
Flood — NFIP No excess flood on the master. Riverbend carries excess on its own program. Scattered-site parcel determinations are incomplete. | Southside Walk + scattered AE parcels | Building max per AE building | NFIP statutory | NFIP | $32,000 | Indicated $.28 / $100 TIV | gap |
Inland marine / contractors equipment | Maintenance Yard | $1.8M scheduled | $5,000 | Package | $12,500 | $.69 / $100 TIV | master |
Property — buildings Tighter AOP than the master. HUD / RAD lender mortgagee clause in force. | Eastview Terrace | $28.4M | $10K AOP · 2% named storm | Layered habitational | $234,000 | $.82 / $100 TIV | project |
General liability + umbrella | Eastview Terrace LP | $1M / $2M · $15M umbrella | $0 / SIR none | Admitted habitational | $54,000 | $450 / unit | project |
Property — buildings | Riverbend Family | $31.8M | $25K AOP · 3% named storm | Single-carrier habitational | $248,000 | $.78 / $100 TIV | project |
Flood — NFIP + excess The only structured excess-flood placement in the portfolio. | Riverbend Family (Zone AE) | NFIP max + $10M excess | NFIP / $50K excess | NFIP + private excess | $38,000 | $.12 / $100 TIV | project |
GL + umbrella Investor additional insured, primary and noncontributory, endorsed. | Riverbend Family LLC | $1M / $2M · $25M umbrella | $0 | Admitted habitational | $38,000 | $250 / unit | project |
Builder's risk Soft-cost schedule not confirmed. Occupancy consent outstanding. | Oakridge Court (in construction) | $42.6M + soft costs TBD | $25,000 | Construction specialty | $294,000 | $.69 / $100 TIV | bound |
Permanent property (quoted) Named storm 5% vs 2% is a potential variance. See Conversion Hub. | Oakridge Court at conversion | $42.6M RC | $25K vs $10K requested | Quoted — not bound | $312,000 | Indicated $.73 / $100 TIV | quote |
Flood SFHA determination ordered 3/14. Cannot finalize NFIP vs private vs excess until it returns. | Oakridge Court | Not structured | — | Determination pending | — | — | gap |
In-force $1,871,950 · 15 of 18 lines bound. Oakridge permanent is quoted at $.73 / $100 TIV and is not in the composite.
Master vs project
Unconverted ACC — 438 units plus the 72-unit RAD pipeline — still takes $25K AOP and 5% named storm on a standalone master. Converted Eastview already buys $10K AOP and 2% named storm, and a lower property rate than the master all-lines load.
Composite is $1.00 / $100
In-force premium is $1.9M on $186.4M TIV. That is up from about $.69 in 2021 because CAT, flood and construction replaced the quiet ACC package. Casualty (auto, WC, D&O, cyber) still lives only on the master, which is why the master’s all-lines rate sits above its property rate.
Lines that do not follow the conversion: auto, workers compensation, public officials, crime and cyber stay on the authority master. See Conversion Hub for Oakridge. Open Coverage Scenario Explorer.