Insurance Management
The Montgomery County School Board shall maintain adequate insurance to cover all insurance risks relating to the activities of School Board members and employees, and all real and personal property owned or leased by the School Board. The division superintendent or his/her designee shall review the terms of the coverage at least annually. The division superintendent is authorized to change coverages when necessary and inform the School Board of any such changes.
The School Board shall maintain insurance coverage on all vehicles, buildings and their contents owned by the School Board. The division superintendent or his/her designee shall periodically solicit bids from insurance companies to provide insurance on vehicles, buildings, contents, and liability coverage.
LEGAL REFERENCE: Code of Virginia, 1950, as amended, §§ 22.1-84, 22.1-188 through 22.1-198; Virginia Board of Education Regulations Governing Pupil Transportation Including Minimum for School Buses, 8 VAC 20-70-10, et seq.