We partner with many leading insurance carriers to develop and customize coverage for private and charter schools, individually, distinctively, and with the utmost care and professionalism. Recognizing that the exposures to risk for private and charter schools are unique from school to school, our professionals tailor a risk management and insurance solution to each institution, one at a time.
School coverage options include:
Every school needs Commercial Property and Causality Insurance to protect its property, employees, and most especially the children who attend.
We identify the exposures that are unique to schools and partner with insurance carriers to provide comprehensive, custom-made educational insurance solutions for those unique risks. We have procured the broadest coverage to insure against claims such as sexual abuse and molestation, school and educator’s liability and law enforcement liability. Whatever keeps an educator up at night, we strive to address.
General liability insurance is a comprehensive policy with broad coverage. If someone gets injured on your school premises, general liability covers those injuries. If a student, visitor or customer experiences property damage while on your campus, general liability covers the replacement costs. If you’re a trade school and damages, occur as a result of products you sell, general liability covers that. And, if there are any potential hazards to a person or property that are not specifically included in your insurance policy, general liability expands to automatically provide coverage for new services, structures or locations. So, if someone trips while going up the steps, an accident happens in welding class, or a hoist falls and breaks a student’s computer, general liability has you covered.
A Business Owner’s Policy (BOP) is ideal for small businesses like yours because it provides multiple types of coverage. In addition to general liability coverage, it protects your property as well as your intangible business assets.
A BOP covers structural damages and loss to business buildings such as school offices, classrooms, and workshops and it covers the physical property inside and outside of each business structure.
For example, if your trade school trains students to become professional welders, then you have expensive equipment in the classrooms and workshops. Losing expensive equipment such as blow torches, air compressors, generators, and oxygen bottles can be devastating to the school’s financial stability. BOP covers the cost of repairing or replacing physical equipment, so you don’t have to.
BOP also protects you from the financial ruin of losing valuable paperwork or electronic data files. If an electrical short corrupts critical data about your students or staff’s certifications and licenses, for example, recovering those files can be quite expensive without BOP coverage.
Blanket Building and Business Personal Property with Special Cause of loss Agreed Value/Waiver of Coinsurance with adequate Statement of Values Replacement Cost for both Building and Business Personal Property.
Business auto insurance is a must-have level of protection if your business uses vehicles for any purpose. You may have staff that attends annual seminars or continuing education classes. You may offer transportation services to your students. Some of your trade service classes may offer delivery services as part of their training. Whenever a company or personal vehicle is used for business purposes, commercial auto insurance can protect it from loss due to accidents.
When you have staff, you must also have workers compensation insurance. This is required by law. Workers compensation takes care of your employees if they are injured on the job. It pays medical bills, prescription costs, and temporary or permanent disability if needed.