Office of Risk Management

Deductibles and Contributions

Effective July 1, 2000 the following deductibles and contributions are in effect:

Computer except laptops (and related equipment) losses due to theft, vandalism, mysterious disappearance and related perils $1,000 per incident

Laptop computer (and related equipment) losses due to theft, vandalism, mysterious disappearance and related perils $1,000 per computer
unless you install the Absolute software which can be pre-installed on Dell Computers purchased through TOPS WEB or through other resellers. Contact Purchasing for additional information. With Absolute installed the deductible is $100.

Employee bond $1,000

Crime (e.g., burglary, theft) $1,000

Repeated losses 10% - 50% of the loss
subject to a $500 minimum, $10,000 maximum

Unreasonable losses 10% of the loss
Subject to a $500 minimum, $10,000 maximum

Auto comprehensive (glass breakage, etc.) $50

Collision damage (excluding busses) $100
(higher deductibles for repeated chargeable accidents - see Accidents & Cost Allocation)

Collision loss - busses $1,000

Unreported collision losses
More than 10 days has elapsed since the
damge occurred, or it is not known when it occurred 150% of the normal deductible

D&O / School Board Liability losses
E.g., EEOC claims 20% of the claim, including expenses
subject to a $1,000 minimum, $100,000 maximum
wages are not covered.

Property losses not described above are covered with a $1,000 threshold. I.e., losses under $1,001 are the responsibility of the department; covered losses over $1,000 are covered without deductible.

Computer except laptops (and related equipment) losses due to theft, vandalism, mysterious disappearance and related perils	$1,000 per incident
Laptop computer (and related equipment) losses due to theft, vandalism, mysterious disappearance and related perils	$1,000 per computer unless you install the Absolute software which can be pre-installed on Dell Computers purchased through TOPS WEB or through other resellers. Contact Purchasing for additional information. With Absolute installed the deductible is $100.
Employee bond	$1,000
Crime (e.g., burglary, theft)	$1,000
Repeated losses	10% - 50% of the loss subject to a $500 minimum, $10,000 maximum
Unreasonable losses	10% of the loss Subject to a $500 minimum, $10,000 maximum
Auto comprehensive (glass breakage, etc.)	$50
Collision damage (excluding busses)	$100 (higher deductibles for repeated chargeable accidents - see Accidents & Cost Allocation)
Collision loss - busses	$1,000
Unreported collision losses More than 10 days has elapsed since the damge occurred, or it is not known when it occurred	150% of the normal deductible
D&O / School Board Liability losses E.g., EEOC claims	20% of the claim, including expenses subject to a $1,000 minimum, $100,000 maximum wages are not* covered.*
Property losses not described above are covered with a $1,000 threshold. I.e., losses under $1,001 are the responsibility of the department; covered losses over $1,000 are covered without deductible.