The Property Program is a group purchased commercial insurance policy through the Public Entity Property Insurance Program (PEPIP) that is specifically designed for public entities. Members are afforded all-risk, replacement cost coverage with limits up to $1 billion including automatic coverage for new acquisitions, auto physical damage, boiler and machinery, and course of construction. Optional coverage is available for earthquake, flood, Errors & Omissions, Green (LEED) Upgrade, Pollution Liability, Cyber, Terrorism, and Business/Tax Interruption.
The Program's rates are extremely competitive, averaging $0.06 per $100 of insured value. Rate reductions are realized because participants are able to leverage their group purchasing power to negotiate cost savings.
In the event of a property loss:
1) Follow City procedures for reporting and responding to an incident
2) Alert local emergency authorities, as appropriate
3) Report the incident to Alliant Insurance Services immediately at: 877-725-7695
All property losses must be reported as soon as practicable once it is known that a loss has occurred. Be prepared to give basic information about the location and nature of the incident, as well as steps which have been taken in response to the incident.
Refer to the PEPIP Claims Reporting Information for contact information and claim forms to be used when reporting property, cyber, and pollution losses. When reporting any claim, please be sure to copy PARSAC so we may provide assistance throughout the claim process.
Log in below to view your entity's current program participation, including self-insured retention levels and deductibles.
Please sign into your account to view more.