Educational Institution Insurance By Altima Auto Insurance Agency.

A variety of educational institutions, including:

• Charter schools
• Private nonprofit schools for grades K-12
• Private nonprofit colleges and universities
• Trade and vocational schools

The potential risks Educational Institutes may face: 

• A fire in your largest dorm requires hundreds of your students to be temporarily housed in local hotels.
• A pipe bursts in your library, destroying computer equipment and many books.
• A student driver loses control of a school’s van causing the van to roll over resulting in multiple injuries to passengers.
• One of your tenured professors traveling in the Middle East for a research project contracts a potentially fatal parasitic disease.
• Donors are dissatisfied their funds have been deployed for purposes beyond what was intended and sue for corrective action.
• A University store supervisor steals cash sales and also processes fictitious refund credits to a debit card under her control.
• A tenured professor sues the university and fellow staff faculty members for wrongful termination and tortious interference with contract.

Some of the coverages educational institutes can consider are 

• Property: buildings, contents, equipment, booths, and all other
• General Liability
• Umbrella Liability
• Business Automobile
• Workers Compensation
• Educators Professional Liability
• Directors and Officers Liability
• Employment Practices Liability (EPLI)
• Employee Benefits Liability
• Cyber Liability
• Crisis Response
• Abuse and molestation

When it comes to selecting the right insurance for an institute, there are a lot of factors that need to be considered. You’ve got risk management and cost-benefit analysis on one side of the table and policy coverage language on the other. It can feel like you have your hands full with all these considerations. The last thing you want is more work!

Let us help take some load off your shoulders contact us today to help you with your institution’s insurance requirement.