The mission of the Georgia School Boards Association is to ensure excellence in the governance of local school systems by providing leadership, advocacy and services, and by representing the collective resolve of Georgia’s elected boards of education.
The GSBA Risk Management Fund provides school districts an alternative to purchasing traditional insurance by providing the only source of risk protection dedicated to Georgia Public Schools. The Fund offers a comprehensive program for property and casualty coverage that meets or exceeds the needs of Member school districts.
The Fund delivers personal support to its members at the highest professional level as needed for all liability and property insurance related services. A team of risk management staff and consultants are in place to assist members in minimizing loss exposures, injuries, and damages through risk identification, assessment, planning, physical inspections, research and other special state-wide initiatives and meetings oriented to public schools and education.
Program Benefits Include:
The GSBA RMF provides a long-term arrangement with its members that is not cancelable because of individual loss experience and not subject to audit or sudden cost fluctuations.
Coverage Available:
Property coverage provided by the GSBA Risk Management Fund is one of the most comprehensive policies available to public school districts in Georgia. Below is a list of just some of the benefits afforded to school districts who are currently taking advantage of this coverage:
Property Appraisals Upon joining the Risk Management Fund, each member will receive an independent property appraisal determining replacement cost values on all buildings owned and operated by the district. The Fund’s property coverage does not attach a co-insurance clause to its policy like many standard insurance companies to; therefore, the property appraisal helps ensure that all property owned by the school district is covered at 100% replacement cost. This feature eliminates any concerns a member might have of recovering fully should a loss occur. Upon completion of the property appraisal, the member will receive a bound report including:
There are four lines of liability coverage offered in the Risk Management Fund: General Liability, School Board Legal Liability, Law Enforcement Liability and Auto Liability.
Members of the GSBA-Risk Management Fund are offered the opportunity to purchase comprehensive cyber-risk coverage designed to protect your school system in the event of a data breach.
Coverage includes:
School Board Legal Liability (SBLL) provides coverage for damages when a member becomes legally obligated to pay due to acts, errors and omissions off the Member rendered within the course and scope of their duties.
Coverage Includes:
Law Enforcement Liability provides coverage primarily to Members with their own police departments in the performance of law enforcement activities.
Coverage Includes:
Auto Liability provides coverage applies to damages caused by an accident resulting from the ownership, maintenance or use of a covered auto.
Coverage Includes:
General liability coverage extends to the school district, trustees, board members, employees, teachers, students and volunteers. The coverage offers different occurrence and aggregate options.
Coverage Includes:
This Coverage is a solution for protecting a schools district’s facilities. GSBA RMS has made it easy for outside organizations using school property and facilities to obtain the required coverage for events taking place outside of a school district’s scope and responsibility. This coverage could be one of the most important policies that school districts can provide to outside organizations using school facilities. Click here to start using this valuable tool!
Provides coverage for crisis events which result in bodily injury, property damage or the threat of imminent injury to multiple persons. A crisis event includes a bombing or explosion, the taking of hostages, a shooting, terrorism and the contamination of food or drink.
Coverage Includes
Provides coverage for crisis events which result in bodily injury, property damage or the threat of imminent injury to multiple persons. A crisis event includes a bombing or explosion, the taking of hostages, a shooting, terrorism and the contamination of food or drink.
Coverage Includes
Provides liability coverage for students participating in unpaid field work experiences including internships and vocational programs that are authorized and approved by the school district.
Coverage Includes
Click here to request a proposal or contact a Member Advocate in your area!
Crime coverage is written on a blanket basis as opposed to scheduled amounts for various types of loss; providing more coverage should a loss occur.
Coverage Includes:
Additional Coverages Include:
Optional Liability Coverage (available for purchase by users of School District facilities):