Property Program

The Property Fund was established in October 1986 to account for the self-insured and excess coverage for property. The program year runs from July 1 to June 30 of each year.

The VIPJPA’s insurance coverages, deductibles, and self-insured retentions (SIR) are as follows for the Property Program:

District Deductible:
$0
JPA SIR:
$5,000
Excess Insurance Purchased:
Up to the total value for all real and personal property declared. (Limited to $100,000,000 per occurrence) from Lloyd's of London.

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