MAXIMIZING INSURANCE BUDGETS

Two methods are proposed for ensuring that the search for insurance yields the best possible offer. The Broker/Client relationship involves the establishment of defined responsibilities on the part of the broker for a fee from the client in procuring insurance while competitive bidding involves a more direct involvement of the transit agency by soliciting bids from various insuring entities.

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Filing Info

  • Accession Number: 00479913
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Feb 28 1989 12:00AM