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Frequently Asked Questions
Community Transit Insurance Program RPG
What does Community Transit Insurance Program Do?
CTIP places insurance, claims management and risk management to its members. It also provides an avenue for Public Transit to work among themselves seamlessly to provide the type and limits of insurance required.
Can my current broker be involved?
Yes! Your broker can reach out to us directly and we can work with them to see if this program will be right for you.
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Do I need to be a member of the Community Transit RE Captive to participate in the RPG?
No! The Captive exists to place limits higher than $1M per occurrence. If you do not require further limits, you do not need to join the captive. You need to have a stable source of underlying insurance or the ability to hold a $1M self-insured retention.
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Do I need to perform a procurement to join a RPG?
​Because the RPG is owned by its members and is a totally unique entity, you do not need to perform a procurement. As always, you should check with your legal counsel to determine any specific rules in your state regarding captives. ​
Who can join the captive?
Your entity must be either a Governmental Public Transit or a Not-for-Profit Transit operation to join.
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Will this program cover my other operations such as a day care or senior center?
No, this program will only cover Auto Liability and General Liability for the transit operations.
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Will I be required to adopt a specific Risk Management Program?
Currently we do not require a specific program, but there will be standards required for hiring, training, driver monitoring and other specific risk management profile items.
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What lines of business will be covered?
Auto Liability and General Liability for Transit operations.
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Will I have my own policy form?
Yes, each member will receive their own unique policy document.
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What does my entity have to do to join?
Your board will have to adopt the by-laws and membership agreements for the RPG and designate your voting member. After that, your membership will be continuous.