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Faced with the possibility of a 127 percent price increase to renew
expiring commercial property insurance policies (with reduced coverages)
in 2002, California Fair Services Authority (CFSA) and the Division
of Fairs and Expositions (the Division) came up with a more cost-effective,
benefit-rich alternative: the Pooled Property Protection Program.
This program, funded by the Division and administered by CFSA,
protects all fair buildings, and boilers and machinery located at
the District Agricultural Association (DAA) fairs, California Exposition
and State Fair, some county fairs and two citrus fruit fairs. Individual
fairs are responsible for applicable deductibles, and also have
the option of purchasing additional coverage to protect their fair's
business personal property.
For a full description of the program, please read its Memorandum of Coverage (MOC) and Protection Schedule online or in your Red Book (Claims and Loss Reporting Guide), under General Liability, Tab 6.
Note: To access the online copy you need Adobe Acrobat Reader on your computer. If you don't already have it, download it for free from the Adobe Web site: www.adobe.com/products/acrobat/readstep2.html.
In the event of a loss:
- notify
CFSA immediately by phone, (916) 921-2213.
-
protect the property from further damage.
-
document the loss with photographs.
-
document extra (over and above normal) expenses paid to protect
the damaged property.
For questions, or to file a claim, contact Charlie
Mitchell or Lianne
Lewellen.
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