In determining need for, form and amount of, procuring and administering insurance coverages, the director of the department of administration shall give due consideration to:
(1)  omission of insurance policy coverage as to property and risks as to which insurance and claim administration costs may be disproportionately great in reference to the amount of risk;
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Idaho Code 67-5775

  • Property: includes both real and personal property. See Idaho Code 73-114
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
(2)  ultimate economies possible through use of reasonable deductions;
(3)  use of comprehensive coverages and blanket coverages insuring property and risks of two (2) or more offices, departments, divisions, boards, commissions, institutions and agencies;
(4)  reliability of and service provided by insurers to be selected as insurance carriers, as well as financial condition and competitive premium rate;
(5)  means through which risks may be improved with ultimate savings to the state through reduction in insurance losses and costs.