Property Program

The MSIA Property Program was established to fund for the self-insured and excess coverage for Marin School district property. The program year runs from July 1 to June 30 of each year.  Excess insurance is provided by the Northern California Regional Liability Excess Fund (

The Board has contracted with Sedgwick for general administration and Keenan & Associates for third-party claims administration and safety and risk control services for the property program.

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

Insurance Type Coverage
Deductible $1,000
JPA SIR $25,000
Excess Insurance Purchased Up to the total value for all real and personal property declared. (Limited to $250,000,000 per occurrence)

A financial audit is conducted annually by an independent Certified Public Accountant (CPA). An annual actuarial study is conducted by an independent actuary to ensure appropriate rates and reserves