Working with an agency that specializes in charter schools is vital. Charter schools have unique risks, and understanding how you operate and how to avoid potential litigation through insurance will only help protect your charter school. Additionally, agencies that specialize in insuring charter schools know which premium discounts are available to help reduce your premiums.

For example, you may get discounts by improving your school’s safety and security and remaining claims-free. Some of the ways you can do so include the following:

• Develop a worker safety training program
• Install security cameras and a building security system
• Install a fire sprinkler system and make sure you have accessible, functioning fire extinguishers
• Strengthen your charter school’s firewall against cyber-crime
• Reduce risk in your daily operations through safety inspections
• Improve fraud awareness; hire a forensic accountant to train your senior staff on what to watch for

Some of the measures you take to reduce your commercial insurance costs may require a short-term investment that will yield discounts and savings in the long run. As an agency that specializes in charter schools, we can help your school assess which safety and security measures make the most sense for your organization and will yield the best outcomes.

Please contact our office if you have questions about which insurance discounts are available to your charter school or office.