The Dept of Administration, State Risk, procures property insurance coverage on behalf of the State of Idaho and its Agencies.
Current Insurance Carrier: FM Global
Policy No.: 1104460
Effective Dates: 09/01/2022 to 07/01/2025
Type: All Risk (Coverage for losses arising from all causes except those specifically excluded within the policy.)
State Deductible: $1,000,000.00
Agency Deductibles per occurrence:
- Claim Less Than $50,000.00, deductible is $5,000.00
- Claim Greater Than $50,000.00, deductible is $10,000.00
Contents, Mobile Equipment, and Stock and Supply should be tracked by location for coverage reporting purposes.