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Airport board refers insurance minimum-standards changes to insurance subcommittee after data review
Summary
After reviewing sample insurance data and Redtail’s requirements, the Grand County Airport Board asked its insurance subcommittee to draft redlined minimum‑standards language that would add general liability, property coverage for undepreciated replacement cost and $1,000,000 automobile liability, with case‑by‑case caveats and county‑attorney review.
Board members reviewed Redtail’s insurance language and a comparative dataset of other airports’ insurance requirements. One board member summarized the data and recommended the airport adopt three clarified minimums: general liability, property coverage for the undepreciated cost of full replacement, and automobile…
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