Premiums cost less, so schools buy more insurance
Jul 7, 2008
Orlando Sentinel–July 6, 2008
Dave Weber | Sentinel Staff Writer
SEMINOLE COUNTY – After getting through hurricane season on positive attitude and prayers the past couple of years, the Seminole County School Board is increasing insurance coverage on its $1.5 billion worth of buildings. It had been sharing $100 million in coverage with four other districts, but starting Tuesday it will have $200 million on its own. With no big storms striking since 2005, premiums are more reasonable, officials say — if you call $1.75 million reasonable.