Liability Insurance

Reduce local government liability risks.

The MIABC’s Liability Insurance Program was established in 1987 as a reciprocal insurance pool, where local governments have agreed to share and cover each other’s losses on a not-for-profit basis as an alternative to private insurance coverage.

The MIABC’s liability insurance protects local governments from claims arising when members of the public are injured, their property is damaged, or they experience an economic loss arising from a local government’s operations. When the local government is sued, the MIABC will step in to assess the claim, provide a defence and possibly settle the claim if we think the claim has merit.

Liability Coverage Volunteer Accident Insurance Associate Member Program

Vendors, contractors, and consultants who supply goods and/or provide services to your local government do so with varying levels of risk. To effectively manage that risk, we recommend that our members require parties who they contract with to obtain and maintain an adequate level of insurance coverage to protect themselves, the local government, and the public from unpredictable or accidental loss or damage to property and from third party claims for bodily injury, death, property damage, or financial loss.
Our guide is meant to act as a guideline to assist you in determining the appropriate limits and type of insurance coverage to require from parties with whom you are contracting (contractors), depending on the nature of the contract. While we have provided some examples of contracts that might fall into each level of risk, it is for you to ultimately define the level of risk associated with each individual contract and your corresponding risk tolerance level. Change the descriptions of risk level or minimum levels of insurance to match your local government’s risk appetite, ensuring it is in line with your mission and strategic values.

Alerts

Reduce local government liability risks.