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SWANTON SCHOOL BOARD: Board Selects Property Insurance Amid Rate Hikes


By: Jesse Davis
THE VILLAGE REPORTER

jesse@thevillagereporter.com

 

The Swanton Local School District Board of Education selected a new property insurance plan following an update on increasing costs and a breakdown of their options during their most recent meeting.

According to Craig Kachmarik, vice president of the Stapleton Insurance Group, the board had three options – a plan that increased their annual premium from $40,230 to $51,674 while retaining enough coverage to fully reconstruct all buildings if they were all lost at the same time, a plan with the same coverag…


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