A municipality doesn’t operate like most other businesses. There are multiple properties to consider, including administrative offices, school buildings, public works equipment depots, and more. The risks associated with each differ based on what kind of work is being done inside, who is visiting, and what types of furniture, machinery, and materials it might contain.
As another example, consider all the different people who are employees of the town. From clerical staff and maintenance workers, to law enforcement and first responders, there are many liability insurance and workers’ compensation needs. Employment practice liability insurance (EPLI), as well as abuse and molestation policies, are also must-haves for municipalities.
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. Specialized coverage that takes all these considerations into account is essential.
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.
To learn more about how specialized insurance can benefit your municipality, contact us today.