Evaluating Insurance

Five Questions to Ask
When Evaluating
Insurance

  1. TYPE OF COVERAGE
    • What coverage exists for my Board of Directors?
      • Did you know: Some insurance providers erroneously provide School Board Legal Liability as a substitute for  Director’s and Officer’s Liability.  This poses a potential risk to Board Members who make some of the most important decisions for your school.
    • What coverage do I need for students? For staff?
  2. COVERAGE LIMITS AND DEDUCTIBLES
    • Are the limits Authorizers-compliant?
  3. TERMS, CONDITIONS, AND EXCLUSIONS
    • What isn’t included in my school’s policy?
  4. STABILITY AND TRACK RECORD OF INSURER
    • How long has the insurer been writing charter school-specific insurance policies?
    • How many other charter schools does the insurer work with?
  5. INCLUDED MEMBER SERVICES
    • What are the risk management and loss control services offered?
    • What are the cost implications of any additional services offered?

Egan Yu

Senior Manager, Insurance and Member Services


Phone & Fax: 310.984.6611

eyu@chartersafe.org

Jennifer Rubin

Dan Berry 

Director, Insurance and Member Services


Phone & Fax: 916.880.3469

dberry@chartersafe.org

CharterSAFE is Unique

Please consider the following when comparing CharterSAFE to other insurance:
  • HIGH LIMITS: Our program maintains high limits that are required by Authorizers so your school stays compliant and protected in the event of a catastrophic loss.
  • DIRECTORS AND OFFICERS: CharterSAFE's Directors and Officers coverage is the most comprehensive and includes Insured Person that most other programs do not cover. Board members are protected individually. CharterSAFE provides both Educators Legal and Directors and Officers so there are no gaps.
  • STUDENT/VOLUNTEER ACCIDENT: Keeping students safe is one of your main goals as an educator. We recently added volunteer accident to mimic student accident because we know as charter schools, there are a lot of volunteers. This coverage pays un-covered medical bills for students and volunteers. Providing this to your families creates goodwill with the community, families, and volunteers.
  • BUILDER'S RISK: We understand that charter schools have complex facility needs. We provide affordable, comprehensive Builder's Risk to simplify the construction and remodel process.
  • COVID-19: COVID-19 exclusion was widely applied. We encourage you to review your current policy and look for any exclusions that you might have missed or been mislead to believe you were covered. CharterSAFE provides a COVID-19 defense sublimit.
  • COMPREHENSIVE COVERAGE: Our coverages are comprehensive so there are no surprises from expensive coverage gaps.