Alameda County Schools Insurance Group

Property & Liability

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  • ACSIG expanded its program offerings to include property and liability coverage beginning in July 1,
  • For many years, ACSIG self-insured 100% of the claim liability for the Property / Liability
  • Beginning in 1993, ACSIG joined the Bay Area Schools Insurance Cooperation (BASIC). From 1993-2008, ACSIG self-insured the first $150,000 of any property/liability claim and purchased reinsurance for the excess
  • Beginning in 2008, ACSIG participates in the Northern California Regional Liability Excess Fund (NCR) for Excess Property & Liability The total per occurrence coverage for property is $250,000; for liability is $50,000,000.
  • ACSIG self insures its first party property and liability claims at $25,000 per occurrence and third party claim liabilities at $25,000 per
  • Members’ deductible/retention is $5,000 per occurrence for any Property or Liability

 

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