As a 1st year PTO Board member, I don't recall anything being discussed regarding insurance. What type of insurance is needed? Whom and what does it cover? This sounds like something that we should be looking into for the coming year. Thank you very much!
We are a small Illinois elementary school and our district is mandating $1,000,000 liability insurance for us to start a PTO. I know other organizations get by without it and wonder how they are covered under thier districts policy. I have suggested that the district put a rider on thier policy and then charge each school a minimal amount but they won't even discuss it. We have less than 260 students and less than a dozen involved parents and will find it difficult to justify spending between $350 - $400 a year for insurance. Does anyone have any ideas?
On insurance, I'm also wondering what other groups are doing. We were PTA and we got our insurance at a PTA rate of about $250, I think, but now that we're a PTO we want to be covered, too. Between the dues and the fees and the extra insurance premiums, we were paying something like $1400 to be a PTA and be insured, so I'm sure it will be a lot cheaper than that, right?
The article lists two companies specializing in parent group insurance. We switched to one of them this year. We now have better coverage, and it is more customized to our needs. And we are paying less than last year.
