3532

Business and Non-Instructional Operations

Property Insurance

The insurance coverage of the district should provide the broadest, most complete coverage available, but should be secured at the most economical cost to the district consistent with sound insurance principles. Since good service is vital to an effective insurance program, the insurance agent who is awarded any part of the district's insurance business must be able to provide prompt and efficient service.

The Superintendent may, at his/her discretion, create an insurance advisory panel to assist in developing criteria for designing the insurance program for the district, and to develop criteria for selection of an agent (broker of record) or agents.

Insurance on all schools in the district shall be at least 80% of projected replacement costs of buildings and capital equipment.

Legal Reference:   Connecticut General Statutes

10-47 Powers of regional board.  Meetings.

10-220 Duties of boards of education.

10-235 Indemnification.

10-236 Liability insurance.

10-236a Indemnification of personnel assault in line of duty.

14-29 Insurance or bond of public service motor vehicle and service bus owners.

52-557 Injury to children being transported to school.

Policy adopted: