Shared-Risk Insurance Pools for Transit Agencies: A Guide
Transit agencies are finding it increasingly difficult to find, purchase, and maintain adequate and
affordable insurance coverage for public transit vehicles. The number of smaller insurance providers is
decreasing due to the volatile nature and demands of the insurance industry and insurance coverage
requirements in general.
NCHRP Research Report 1079: Shared-Risk Insurance Pools for Transit Agencies: A Guide,
from TRB's National Cooperative Highway Research Program,
explains how
insurance pools function, how to evaluate the feasibility of a shared-risk insurance pool, and how to
establish and manage this type of pool.
Supplemental to report is a
presentation and
NCHRP Web-Only Document 374: Developing a Guide to Shared-Risk Insurance Pools for Transit Agencies: Conduct of Research Report.
This Summary Last Modified On: 11/28/2023