Insurance Coverage and Risk Management Services

The Vendor is required to provide insurance providers, brokers, and/or risk pooling organizations to provide comprehensive insurance coverage and related services.
- The District currently maintains a broad, multi-line insurance program including property, liability, auto, crime, cyber, pollution, and specialty coverages.
- The program includes high-limit pooled risk structures, shared aggregates, and specialized education-sector protections.
- Property Coverage
•    Minimum Per Occurrence Limit: $1,000,000,000
•    District-level property coverage: ≥ $250,000,000 per occurrence
•    Must include minimum sublimits:
•    Flood: ≥ $100,000,000
•    Earth Movement: ≥ $100,000,000
•    Ordinance/Law: ≥ $25,000,000
•    Debris Removal: ≥ $15,000,000
•    Business Interruption / Extra Expense: ≥$25,000,000
- Required Features:
•    Newly acquired property coverage
•    Property in transit
•    Personal effects coverage
•    Outdoor property (trees/landscaping)
•    Sewer backup coverage
- Claims-Made Coverage Requirements
•    Retroactive date
•    Prior acts coverage
•    Continuity provisions
•    Extended reporting period (tail) options
•    Confirmation of no coverage gaps during transition
- Auto Coverage
•    Liability limit per accident: $2,000,000
•    Medical Payments- Limit per person- $5,000
•    Medical Payments- Limit per accident- $500,000
•    Fleet-based coverage
•    Automatic coverage for newly acquired vehicles
•    Liability and physical damage coverage
•    Garage operations coverage (if applicable)