Insurance

I’ve completed all of the insurance applications and secured coverage limits meeting our charter contract requirements.

Description Required Amount Purchased Amount Cost
Liability Insurance for Directors and Officers
  • $1,000,000 each loss
  • $1,000,000 each policy year
  • $1,000,000 each loss
  • $1,000,000 each policy year
$2,439.00
Commercial General Liability Insurance
  • $1,000,000 per occurrence
  • $3,000,000 annual aggregate
  •  $1,000,000 per occurrence
  • $3,000,000 annual aggregate
$1,232.00
Personal Property Insurance
  • Sufficient to cover the materials, supplies and equipment
  •  $75,000
$309.00
Honesty Bond
  • At least $25,000
  •  $75,000
Included in Personal Property Insurance
Automobile Liability Insurance
  • $1,000,000 combined single limit
  •  $1,000,000 combined single limit
$267.00
Workers’ Compensation Insurance
  •  Pursuant to ORS 656
  •  Obtained
$1,453.00
Unemployment insurance
  •  Provided to all employees
  •  In process
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