Quote:
Originally Posted by preciousjeni
I have to say that I'm a bit surprised at the universities that are actually requiring $2 million policies. My sorority has one (fortunately), but it seems that smaller organizations are increasingly facing challenges that may prove insurmountable.
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If I am not mistaken, that is often "$2 million stacked" where you have both property and personal liability coverage of $1 million each. This is pretty confusing to laypeople...but I used to work in the insurance industry. That's why you have to ask for everything from both the school and your agent in writing.