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Paulding County staff propose higher leak-insurance charge after surge in claims
Summary
County staff proposed raising the unified leak-insurance charge that appears on water and sewer bills after the insurer paid out $1,711,925 for 2,868 claims; the new combined charge would be $3.55 per billing cycle — $2.30 for water and $1.25 for sewer — and would be included in the base rate, according to staff remarks in the meeting transcript.
Paulding County staff told commissioners they are proposing an increase to the county’s leak-insurance charge after the private vendor reported payouts exceeded collected premiums.
The county implemented a leak-insurance program with ServLine two years ago to cover unexpected water- and sewer-related losses. County staff said the program has paid 2,868 claims and ServLine reported paying $1,711,925 back to Paulding County since the program…
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