Property
Don’t let disasters scare you. As a member, you can keep working through catastrophes. Our program helps members respond to flood, landslide, fire, hail, and wind damage.
You have options that can protect your property. Our coverage can help your team to snap back from anything.
Coverage Highlights
- All-risk form tailored to special districts
- $2,000,000 Earthquake and $2,000,000 Flood included
- Flood Zone A coverage is automatic with scheduled property
- Errors and Omissions in scheduling property
- Business Interruption included with no waiting period and options for higher limits
- Free onsite safety inspections
- Terrorism and Malicious Attack coverage
Available Features
- Equipment Breakdown
- Free onsite appraisals (some limitations apply)
- Scheduled Underground Water and Sewer Infrastructure
- Guaranteed replacement cost for fire districts
- Limited Pollution on scheduled premises
Property Coverage Comparison
| CSD Pool | Insurance Companies | |
|---|---|---|
| Flood Coverage | ✔ | Typically excluded |
| Earthquake Coverage | ✔ | Typically excluded |
| Ingress and Egress Coverage | ✔ | ✔ |
| Business Interruption Coverage | ✔ | ✔ |
| Electronic Data Processing Coverage | ✔ | ✔ |
| Scheduled Underground Water and Sewer Infrastructure | ✔ | Not typically included |
| Errors and Omissions in Scheduling Property | ✔ | ✔ |
| Money and Securities | ✔ | ✔ |
| Wells and Storage Tanks | ✔ | Typically excluded |
| Acts of Terrorism and Sabotage | ✔ | Typically excluded |
Property Coverage Overview
| Overview | What does it cover? | Districts that need this: |
|---|---|---|
| Our Property program covers district assets from direct physical loss or damage. | Damage to the district’s scheduled structures | Own the building(s) they occupy |
| Damage to the district’s scheduled contents, equipment, records, inventory, etc. | Use their own furniture in a leased office space | |
| Business income | Rely on revenue from their business operations | |
| Have computers or other valuable equipment and hardware |
| Loss Scenario | What we would cover: |
|---|---|
| A district’s facilities are damaged in a severe regional flood. Access to their facility is limited. | Damage to the district’s scheduled flood-damaged structures |
| Clean up of their grounds and facilities regardless of the source of the debris | |
| Costs associated with transportation or lodging of employees to accommodate limited access to facilities | |
| Lost revenue due to damaged structures | |
| Several district buildings and vehicles are damaged in a severe hail storm | All scheduled property, requiring only a single deductible |
| Rental car payments if a vehicle is totaled | |
| Lost revenue if operations are shut down as a result of the storm |
Equipment Breakdown Coverage Overview
| Overview | What does it cover? | Districts that need this: |
|---|---|---|
| Our Equipment Breakdown program covers district assets from direct physical loss or damage. | Damage or losses involving equipment that generates, transmits, or utilizes energy | Districts that own equipment that generates, transmits, or utilizes electricity (HVAC, boilers, pumps, etc.) |
| Damage or losses involving data processing equipment | Districts that own electronic equipment that processes data (servers, computers, etc.) |
| Loss Scenario | What we would cover: |
|---|---|
| An unexpected electrical short damages a building’s HVAC system. | Damage to the district’s scheduled equipment |
| Any food or perishable goods spoiled due to lack of refrigeration or climate control | |
| Lost revenue if the building is shut down as a result of the outage |