(KNZA)--The Hiawatha School Board held a special meeting Wednesday morning to make a decision on a property and casualty insurance vendor for the district.
The district received bids from its current vendor, EMC Insurance, and the Kansas Insurance Cooperative for Schools ( KICS), which is a risk pool.
Representatives of both vendors meet with the Board during their regular meeting Monday to discuss their plans.
Heath Simmer, representing EMC Insurance, presented two deductible options—one of which was a $75,000 deductible on each of the district's three schools, with a $10,000 deductible on all other buildings, and the other option was a one percent deductible.
Following discussion at their special meeting, the board voted to approve the bid from EMC with the $75,000 deductible option. The premium will be $224,000.
Board members felt there was a huge benefit to having a local carrier due to the speed in which things can be processed.
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