Auto/Inland Marine Trust Fund

NCSBT’s Automobile/Inland Marine Fund provides coverage for members for claims arising out of the operation of non-yellow bus vehicles owned and used by the school district, including vehicles borrowed, rented and leased by the district. Coverage is also provided for authorized yellow school bus uses that are not subject to the North Carolina State Tort Claims Act. Excess coverage is also provided for school district employees while using their own vehicles for school district business.

Highlights

• Automobile Liability Coverage which includes bodily injury, property damage, uninsured motorists, underinsured motorists, nonowned and hired vehicles
• Automobile comprehensive and collision physical damage coverage with a per claim deductible
• $1 million per accident limits of liability (higher limits of coverage are also available)
• Garage liability and garagekeepers physical damage coverages are also available for school garage operations
• Inland marine coverage for a school district’s miscellaneous property, such as band instruments, computer equipment and farm machinery