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What are the rates for the Excess Liability Program for the 2017/2018 program year?
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What about the rates for the Optional Excess Liability Coverage?
What are the rates for the Excess Liability Program for the 2017/2018 program year?
The Excess Liability Program rates for 2017/2018 are as follows:
K-12/Charters:
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$54M X $1M = Quoted on Request
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$50M X $5M = $5.95/ADA
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Non-ADA (1M SIR) = Quoted on Request
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Non-ADA (5M SIR) = $4,000
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Minimum Contribution (5M SIR) = $720
Community Colleges:
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$54M X $1M = Quoted on Request
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$50M X $5M = $4.21/FTES
Minimum Contribution of $720 at the $5M attachment applies if a member's total contribution is less than that amount.
What about the rates for the Optional Excess Liability Coverage?
The SELF Board of Directors voted to increase the core limit to $55M with the start of the 2017/2018 program year, effectively absorbing the Optional Excess Liability limits into the core Excess Liability Program.
We are currently exploring member appetite for a new OEL offering, $10M to $20M beyond the new core limit. If your district is interested, please contact Director of Communications & Member Services Lois Gormley in the SELF office at (916) 553-3203.