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Board approves modest increase in excess liability coverage to $8 million
Summary
After reviewing premium impacts, the board voted to increase the county's excess liability coverage to $8 million with an associated premium increase discussed on the record and a plan to budget the additional premium.
The county's insurance representative presented options to raise excess liability coverage beyond the county's current combined $7 million level. The board discussed incremental pricing, which the representative presented as a per‑million cost; supervisors considered moving toward a $10 million benchmark but agreed to raise coverage to $8 million at this meeting.
The motion described an $1,350 (per‑million increment example) premium addition to reach the $8 million excess limit; staff discussed budgeting approaches and endorsed adding the endorsement now and handling the additional premium through departmental budgets or a budget amendment if necessary. The board approved the increase; staff will finalize billing and adjust budget documents as needed.
Board members noted that larger entities (school districts) sometimes carry higher coverage but that $10 million might not be necessary at this time; they also discussed apportioning premiums across departments and funds.
