The Daily Gazette
The Locally Owned Voice Of The Capital Region

Schenectady to double insurance deductible to $50,000 per accident

Text Size: A | A

Big accidents will cost the city twice as much next year. The Schenectady City Council agreed Monday to double the city’s liability insurance deductible, raising it from $25,000 to $50,000. This will bring the annual premium down about $100,000 to $763,000. Council members weren’t happy about the change, but said they had no choice: If they did not approve the new contract Monday night, the city’s insurance could expire before a new deal was written. ...

You Must or Subscribe to Continue
subscribe to the Daily Gazette
Individual stories can be found and purchased from our Archives for $2.00

Enjoy this story? Share it!



There are currently no posts. Be the first to comment on this story.