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After a few reports of
problems with filing claims, NARSVPD decided to survey our
membership to see if these reports were universal.
Of the 62 RSVP Directors that
responded to the survey:
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100% reported that they
currently carry Excess Liability Insurance
-
83% purchased insurance
through CIMA
-
The other common carriers
identified included The Hartford and State Insurance
Reserves
-
The mean insurance
premium was $1844.53
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39% of projects have
filed a claim
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9.7% reported problems in
filing a claim.
The most common concerns
were:
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Contacting CIMA was
difficult
-
The Insurance Company
requested the same forms multiple times
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Once a claim was filed,
the RSVP Director lacked knowledge on the status of the
claim
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There were a few reports
of denied claims
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