How to Insure Your Municipality
Municipalities need to prevent risks before they can turn into legal claims. Commercial insurance for your municipality requires a customized insurance portfolio that protects you against potential liabilities.
Cities, towns, townships, villages, and counties also need commercial insurance that is based on a risk management strategy and on superior coverage to mitigate risk.
What is municipal insurance?
Municipal insurance protects local governments from liability claims and risks. It can include coverage for damage to public property, third-party injury, cyber protection, professional liability, and pollution liability, among other insurance protections.
What types of buildings and facilities does municipal insurance protect?
- Municipal buildings
- Community halls
- Arenas
- Public libraries
- Water treatment and sewer facilities
- Mobile equipment fleets
Did you know? Haven Municipal Insurance by Western Financial Group partners with Canada’s most trusted insurers to provide superior coverage and mitigate risk. This means your municipality has access to the most up-to-date coverages and protections.
Why is municipal liability insurance an important part of a risk management strategy for your city or town?
Elected officials, city managers, and financial officers understand that a risk management strategy is important protection that helps minimize risks.
You’ll need municipal liability insurance that identifies and manages the risks you face municipally to minimize any financial consequences related to lawsuits.
Examples of potential risks that your city, town, village, township, or county can face include errors and omissions in work or services provided, third-party injury and property damage, security breaches, data loss and cyberattacks, which can result in legal action. Municipal liability provides needed protection.
Here are the liability coverages that you need to help protect your municipality from lawsuits:
Liability
Coverage for personal injury, tenants’ legal liabilities, public entities management liability, and environmental impairment liability.
Property
Protection for assets such as buildings and their contents and mobile machinery.
TPL auto insurance coverage
Flexible third-party liability coverage for the fleet municipal owned vehicles within your communities.
Crime
Protects you from financial loss due to theft, vandalism, and other criminal activities.
Errors and Omissions
Covers you and your board members relating to any decisions made where someone decides to take legal action against the board.
Here are additional coverage options for your community’s protection:
Cybersecurity
Protection against data breaches and cyberattacks, including data recovery and public relations support.
Environmental liability
Covers replacement and clean up for damage caused to your environmental assets.
Equipment breakdown
Coverage for boilers, electrical, pressure valves and much more
Additional coverage options
Western offers a wide range of additional coverage options like auto and fleet, builders’ risk, and business interruption.
Property supplemental coverages
Provides additional property coverage limits.
What if my municipality needs to make a claim?
Western has a 24/7 claims teams is on standby. When your community needs us most, we’re here to minimize disruption by managing the claims process to get you faster payouts.
Western Financial Group will get you municipal insurance coverage that uniquely protects your municipality.
We’ll review your current policy to identify potential vulnerabilities and oversights to ensure you have the right coverage for your municipality at the best possible price. We can provide long-term rate stability for your municipality thanks to pool paid claims.
Why Western?
Get the best business insurance
We’ll help you save
100% Made in Canada
Insuring Canadians for over 100 years!
FAQs
What are the most common claims made against municipal insurance policies?
The most popular include sewer backup claims, slip and fall accidents, road maintenance and transit related accidents and injuries, law enforcement liability claims, and public officials liability claims.
Why is cyber insurance important for municipalities?
Municipalities face legal risks related to data breaches and theft of information, leading to the need for specialized cyber liability insurance coverage.
