South Carolina Educational Institution Insurance

The school superintendent is responsible for ensuring that the district maintains adequate insurance coverage to protect its assets and personnel. 

The annual insurance premium for a South Carolina school district can vary significantly based on factors, such as school size, location, and coverage levels.

The Allen Thomas Group has a wide range of policies in place to protect your institution. Let’s explore them below:

Property and Casualty Insurance

This broad category encompasses several key coverages for South Carolina schools:

Property InsuranceFor South Carolina schools, property insurance covers your school buildings, contents, and equipment against damage from fire, storms, theft, and vandalism.

This type of coverage is important given the risk of hurricanes and severe weather the state is exposed to. 

It covers:  

• School buildings and structures
• Classroom equipment and supplies
• Sports facilities and equipment
• Libraries and computer labs
• Landscaping and outdoor fixtures

Essential for schools that own or operate vehicles. This coverage is meant to cover:

• School buses
• Maintenance vehicles
• Staff cars used for school business
• Vehicles used for extracurricular activities

  Our auto insurance policies for schools typically include:  

• Liability coverage for bodily injury and property damage
• Collision coverage for damage to your vehicles
• Comprehensive coverage for non-collision incidents (theft, vandalism, weather damage)
• Uninsured/underinsured motorist coverage
• Medical payment coverage for injuries to drivers and passengers

Given the high stakes involved in transporting students, we ensure your auto insurance meets all state requirements and provides ample protection.

Commercial General Liability Insurance

This foundational coverage safeguards your school against claims of bodily injury, property damage, and personal injury that occur on your premises or as a result of your operations.

It covers legal defense costs and potential settlements. For South Carolina schools, this can include protection against slip-and-fall accidents, injuries during sporting events, or damage to visitors’ property.

Professional Liability Insurance

Also known as Errors and Omissions (E&O) insurance, this coverage safeguards educators and administrators from claims related to their professional duties. It includes protection against:  

• Negligence claims, such as failure to provide adequate education or supervision
• Misconduct allegations, including sexual misconduct or discrimination
• Employment practices liability, covering wrongful termination, harassment, or discrimination claims

Workers’ Compensation Insurance

Workers’ compensation coverage protects your employees if they suffer work-related injuries or illnesses.

For schools, this can cover injuries from slip-and-falls, repetitive stress injuries, or even assaults by students.

It provides:  

• Medical care for work-related injuries or illnesses
• Partial wage replacement for employees unable to work
• Protection against employee lawsuits related to workplace injuries

Cyber Insurance

Cyber policy is meant to shield against data breaches and cyberattacks, covering financial losses resulting from cyber fraud, privacy violations, breach of financial information, and potential legal claims.

This policy also provides resources for improving your school’s cybersecurity measures and responding effectively to digital threats to shield yourself from financial ruin and reputational loss. 

Business Interruption Insurance

Though not mandatory coverage, business income interruption insurance typically covers lost income and ongoing expenses during closures due to covered events, such as natural disasters or building damage. 

This coverage helps ensure your school can continue paying staff and maintaining operations even when classes are temporarily suspended.

Student Accident Coverage

Provides protection for school-related injuries, covering medical expenses and potentially reducing the likelihood of liability claims against the school. For example, if a welding student suffers injury during training, this coverage can help. 

Student accident insurance extends to athletics, field trips, and other extracurricular activities.

Umbrella Insurance

Provides additional liability coverage above and beyond the limits of your other liability policies. This can be crucial for protecting your school’s assets in the event of a catastrophic liability claim.

Tailored Coverage for Your School

The Allen Thomas Group works closely with clients to develop a customized insurance plan. Our risk assessment process identifies potential exposures and recommends appropriate coverage.

We consider factors, such as:

• School size and location, taking into account local environmental risks and community demographics
• Types of programs offered, including specialized curricula, vocational training, or special education services
• Campus facilities and equipment, from traditional classrooms to advanced laboratories and athletic complexes
• Transportation needs, covering school-owned vehicles and contracted transportation services
• Technology infrastructure, addressing the growing reliance on digital learning tools and data management systems
• Special events and activities, ensuring coverage for field trips, sports tournaments, and community events

This personalized approach ensures your school receives the most effective and efficient insurance protection possible.

We regularly review and update your coverage to keep pace with your school’s growth and changing needs.