Insurance | Mountain View Academy Board of Directors

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