Property Self-Insurance Program Premium Discount on Buildings
Res #: 2-14A
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.