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Insurance consultant outlines 9.3% program increase, higher deductibles and optional higher liability limits for county coverage
Summary
A Kinder Insurance representative reviewed Hocking County’s May renewal for the Buckeye joint county insurance program, citing a programwide increase of about 9.3%, higher deductibles, an option to raise liability limits from $1 million to $2 million per occurrence, and expanded cyber ransom coverage.
A Kinder Insurance representative briefed the Hocking County Board of Commissioners on April 10 about the county’s property and liability renewal, reporting that program costs rose roughly 9.3% and describing several coverage and deductible changes.
The presenter said the county currently has a $1 million per‑occurrence limit (with a $3 million aggregate) for general liability and public‑officials coverage and can choose an option to move to a $2 million per‑occurrence / $6 million aggregate layer. The representative said the program’s deductibles are changing to $5,000 “across the board” for property and many lines, while auto comprehensive/collision deductibles remain at $2,500.
On cyb…
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