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Board approves insurance renewal, opts for $50,000 deductible to reduce premium costs
Summary
Trustees accepted a renewal proposal from the Nevada Public Agency Insurance Pool and amended payment to use fiscal year 2025–26 funds while adopting a $50,000 deductible after hearing staff and pool representatives.
The Elko County School District Board of Trustees accepted a renewal proposal from the Nevada Public Agency Insurance Pool and approved payment from fiscal year 2025–26 funds, adopting a $50,000 deductible for the district’s coverages.
Dane Uriarte of LP Insurance, who works with the district, told trustees the expiring deductible produced a 0.55% decrease in premium year over year and recommended increasing the deductible to $50,000 after running a five‑year claims analysis. “If it was me I would recommend that,”…
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