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Property Self-Insurance Program Premium Discount on Buildings
Res #: 2-14A
Number: 2
Year: 2014
Midterm: No
Expired: Yes
Responses Received: No
Departments: Matters Pertaining to SARM
WHEREAS security systems installed in municipal buildings mitigate the risk of a claim being filed for damages caused by vandalism, break and enter, fire and when furnaces quit working; and
WHEREAS other insurance companies offer insurance premium discounts when security systems are installed;
BE IT RESOLVED that SARM investigate the possibility of offering discounts through the Property Self- Insurance Program to SARM members for installing security systems in municipal buildings.
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