Kapuskasing Town Council has proposed a nearly $31,500 reduction in its insurance bill. Council made the decision several months ago to ask town staff to look at its vehicle and property insurance following a 19.7 per cent increase. Mayor Dave Plourde says the town pays insurance on items and doesn’t submit the claims because it doesn’t want to raise premiums further.
“Where are their places that we can save on insurance, and we’re doing it with facilities now,” he said. “We are doing it with vehicles after, so it’s just step one of a two step process.”
Council also asked for a deeper dive into the insurance on town vehicles and for staff to come back with another list. Plourde says there’s no magic number, but that it’s more important to start somewhere.
“We are talking about just insuring vehicles for damages when we are not going to pay them anyway,” he said. “We are actually going to pay it out of pocket. If are going to claim insurance then why are we paying for insurance on them.”
Administrator Guylain Baril says the criteria for the property insurance were based on low claim rate. He adds that it’s been several years since there has been any type of claim.