State of
State agencies, institutions, officials, and employees are provided liability,
property and other coverage as well as fidelity bonding under statutory
programs approved by the
Liability
The Commonwealth of Virginia Property Risk Management Plan
covers loss of or damage to state-owned or leased property including buildings
and their contents, boilers and machinery, aircraft, watercraft, money and
securities, fine arts and antiquities.
COVERAGE: Tort Liability, including
Medical Malpractice and Automobile. This
covers liability and physical damage for use of rental/leased vehicles used on
official business.
LIMITS: $2,000,000 - Tort claims
against persons
$100,000 - Tort
claims against the Commonwealth
$1,925,000 -
Medical Incident per occurrence – Effective 7/1/2007
Actual Cash
Value – Non-owned agency-authorized vehicles
Northern
Virginia Community College Departments asked to provide a liability certificate
of coverage for their activities should contact the Budget Office for a
Certificate of Coverage form. The Budget
will complete the requested certificate of coverage, print on NVCC letterhead,
sign, and forward to the requesting outside party and send a copy to the department
for its records. In the event of a claim
or lawsuit, a copy of the certificate should be forwarded to the Budget Office
along with other relevant documents.
Property
The
Commonwealth of Virginia Property Risk Management Plan covers loss of or
damage to state-owned or leased property including buildings and their
contents, boilers and machinery, aircraft, watercraft, money and securities,
fine arts and antiquities. To request
property coverage for fine arts and antiquities, please forward a list of item
to be covered to the Budget Office.
Fidelity
Fidelity
coverage is provided under the
(Rev
8/2007)