What is the best way to request
changes to my coverage?
You can fax requests for changes to (512) 478-1426 or
e-mail TACpools@county.org.
Can we cover property not owned
by the county on the county's property policy with TAC?
Yes, as long as the property is reported in writing
to TAC before a loss, it can be covered.
What does equipment breakdown
cover?
Equipment Breakdown was formerly called Boiler &
Machinery. Now this coverage has been expanded to include
all types of equipment and machinery used to operate
a building, such as air conditioning units, electrical
boxes, boilers, hot water heaters and jail lockdown
systems.
What is the Garage Keepers coverage under property?
Garage keepers provides coverage for damage to confiscated or impounded vehicles with a $25,000 per location limit at no additional cost to TAC property members. Higher limits can be purchased.
Is it necessary to purchase
Electronic Data Processing coverage for our computers?
Computers are covered the same as other contents at
each location.
Does TAC cover terrorism?
Yes, limited terrorism coverage is provided under TAC's property program where it was formerly excluded. Other TAC coverages have never excluded terrorism.
What is covered by the Crime
policy?
The Crime policy offers five coverages: Employee Dishonesty,
Forgery, Theft Disappearance and Destruction of Money
and Securities, Robbery and Safe Burglary and Counterfeit
Currency.
Does this policy cover theft
of cash from a messenger, both inside and outside the
county premises?
Yes, Theft Disappearance and Destruction of Money and
Securities includes coverage for losses both inside
and outside county premises.
What is meant by dual control
of money handling functions and why is that important
to the county?
Dual control means more than one person is keeping ledgers,
handling accounts, signing checks, etc. It is important
to be sure that no one person has complete control of
financial transactions to prevent theft or embezzlement.
Can Crime coverage be used instead
of bonds?
If a county official is required by law to have a bond,
then the crime coverage cannot be substituted. If there
is no legal requirement to have a bond, then in some
cases, the crime coverage might be used instead of a
bond.
Does TAC offer bonds?
No.
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