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Maine Alliance for Road Associations

D&O and Liability Insureance

  • 23 May 2021 7:32 AM
    Message # 10538837
    Deleted user

    Can anyone provide information of reasonably priced D&O/Liability insurance for a statutory road association?  I believe we are paying far too much ($3,000)

  • 24 May 2021 12:52 AM
    Reply # 10542732 on 10538837
    Anonymous member (Administrator)

    Try Oberg Insurance in Bridgton.  We pay under $700 for two miles of road.

  • 24 May 2021 7:04 AM
    Reply # 10544017 on 10538837
    Deleted user

    We are a non-profit with a road 1 mile long. Our board is composed of 5 directors. I just received the bill for both liability ($597) and D&O ($229)for a total of $826 in a combined package with Liberty Mutual. Limits each occurrence for liability $1mil. and total aggregate $3mil. D&O each act $1mil. Total aggregate $3mil.

                            The Maine Alliance for Road Associations

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