Tag Archives: Property and Liability

Ask the Experts: What is Business Income coverage?

The CSD Pool includes up to $250,000 for Business Income including Extra Expense/Rental Income for a covered loss. Business Income will pay for net profit or net income that would usually be earned by normal operations had there not been a loss, including payroll.

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What the Pool’s Top Causes of Loss Mean for You and Your District

The Pool was given a simple but important mission when it was formed: be a safe harbor from the traditional insurance industry and help members prevent damaging losses. Given the diversity of the Pool’s members and its coverage, there is tremendous range in size and type of claim. While some types of claims are unavoidable, loss prevention can help mitigate the vast majority of them.

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Hail Damage Waivers Reduce Your Coverage Costs

Hailstorms can cause significant damage and property loss. Over the last 10 years, hailstorms in Colorado alone have caused more than $3 billion in insured damages. The threat of damaging storms exists throughout the year, but the most prevalent season for hail ranges from mid-April to mid-August.

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