Public Entity Tailored Coverages
Municipalities, schools and other public entities face many exposures to loss during their day to day operations. Public entities have some unique circumstances which require good risk management and sound insurance treatment.
Systems Breakdown Insurance
Many public entities have large infrastructures which include building maintenance systems and other business technology.
If any of these technologies fail due to a sudden and accidental accident, what would you do?
If you have Systems Breakdown (or similar) insurance, you'll have few worries. This important coverage agrees to repair or replace building equipment and business systems should you have a claim. Included in coverage are your HVAC systems, telephone systems, fax systems, and other business and building equipment. Similar coverage is afforded computer, local and wide area network equipment, and internet access systems and equipment.
Further, you may also be protected if an off-premises systems service provider (such as a utility company) suffers an accident and you lose service. Business interruption coverage is also provided.
In this highly technological business world, do you have the right protection against loss? Give us a call at 607-754-1411 and we'll work with you to find out.
Umbrella Liability - Your Protection Against "Deep Pockets" Claims
When the public is injured on your property, they think they can get into your "deep pockets". That's why we highly recommend an "umbrella" policy for all public entities. Known as excess catastrophe or umbrella liability, this important coverage will provide you with extra liability protection in the form of a higher limit of liability. Should a lawsuit result in damages against you that exceed your primary liability policy limits, the umbrella policy will respond and pick up where the primary insurance left off.
With so many instances of lawsuits brought by third parties alleging improper property or road maintenance or lack of supervision and seeking multi-million dollar judgments, umbrella liability coverage is critical.
If you would like a quote for umbrella coverage or if you would like to know how much it would cost to increase your existing umbrella liability limit, please contact us immediately at 607-754-1411. Umbrella liability insurance is reasonably priced protection against catastrophic lawsuits.
Like to talk to us about these and other tailored coverages for public entities? Just give us a call at The Partners Business Insurance Center at 607-754-1411. Or e-mail us at info@thepartners.com
These coverage descriptions are general in nature and are not to be confused with specific coverage grants, conditions and exclusions made in specific insurance policies. Please review your policies for specific coverage details.