Private Schools Get Ultimate EPLI Insurance High Limits
Cost Considerations and Options
While the cost of EPLI insurance can vary depending on the size of the school, its location, and the chosen coverage limits, many insurers offer flexible policies tailored to the specific needs of educational institutions. On average, the annual premium for EPLI coverage can range from $800 to $5,000, depending on the aforementioned factors1. Schools can often benefit from discounts by bundling EPLI with other types of insurance, such as general liability or property insurance, which can further reduce costs.
Exploring Specialized Insurance Providers
When it comes to securing high-limit EPLI insurance, working with a specialized provider can offer significant advantages. These insurers understand the unique risks faced by private schools and can tailor policies to address specific concerns. Additionally, they often provide risk management resources, such as training programs and legal consultations, to help schools proactively address potential issues before they escalate into claims. By visiting websites of specialized insurance providers, schools can browse options and find policies that best meet their needs.