A municipality doesn’t operate like most other businesses. There are multiple properties to consider, including administrative offices, school buildings, and public works, and the risks differ based on the kind of work being done inside, who is visiting, and what types of furniture, machinery, and materials it might contain. It’s vital to keep all this in mind when selecting insurance for your municipality.
As another example, consider all the different people who are employees of the township or city. From clerical staff and maintenance workers to law enforcement and first responders, there are many liability and workers’ compensation needs. Employment practice liability insurance (EPLI), as well as abuse and molestation policies, are also important for municipalities. Here are some specific coverage options you might want to consider in your municipality insurance policy:
If your municipality is responsible for the utilities that residents rely on, such as sewer, water, or electricity, there is a risk of environmental hazards and contamination, failure to supply, and equipment breakdown. Coverage that takes these considerations into account is essential.
Even though there are obvious coverage needs that go beyond a typical business, there are certain risk exposures that require general business insurance coverage. Municipalities need to consider a variety of other coverage options just like any other business including cyber liability, general liability, employee dishonesty, and fleet insurance. Every municipality is different, and your municipality needs insurance solutions that are unique to your community.
Want to learn how municipality insurance may help protect your community? Contact us to discuss your risks, insurance needs, and to go over your coverage options.