Per Idaho Statute 6-924, the limit of liability for the State is $500,000.00. Risk Management does not issue certificates in excess of this amount except in situations with extenuating circumstances. If it is determined that a certificate in excess of the $500,000.00 is necessary, there is a charge of $5000.00 per certificate to the requesting agency. Most entities that the state issues certificates to are understanding of these limitations when explained.
If you would like to discuss these limits further, please reach out to our Risk Analyst at admriskunderwriting@adm.idaho.gov or 208-332-1868.