Quick Facts

How NYSIR’s financial strength benefits schools

The New York Schools Insurance Reciprocal (NYSIR) has maintained consistently excellent performance as measured by its core financials and regular evaluations by regulators and auditors. This financial record helps NYSIR sustain stable coverage and pricing, long-term cost-containment, partnership-based service and claims, family-like focus on managing and reducing risk, and consecutive years of A (Excellent) ratings from A.M. Best since 1995. NYSIR is the only carrier operating across the entire state serving public school entities that has maintained that rating.

Read more on how NYSIR’s Durable Financial Strength Protects Members [PDF].


Since our inception in 1989, we have continued to offer coverage enhancements that are unmatched in the state. NYSIR is the largest writer of property/casualty insurance for New York’s public schools. Coverage and enhancements include:

  • Property/Inland Marine
  • Boiler and Machinery
  • Automobile Liability and Physical Damage
  • Umbrella/Excess
  • General Liability
  • Endorsed Protection for School Districts Against Child Abuse and Sexual Molestation Claims
  • Extra Expense Protection in the Event of a Property Loss to Policy Limits
  • Option to Add PTAs/PTOs as Additional Insureds
  • Ordinance or Law Coverage

Additionally, NYSIR’s coverage highlights include:

  • An expanded definition of “who is an insured” for general liability that includes employees, volunteers, board members, staff nurses and other district-employed health-care professionals
  • No general aggregate limitations for general, auto and excess catastrophe liability
  • Full replacement cost on buses 10 years old and newer that carry comprehensive and collision at the time of loss
  • Extra expense and business interruption settled on an Actual Loss Sustained basis, up to the property policy limit
  • Student malpractice coverage for students training to be beauticians, cosmetologists and nursing professionals
  • Optional endorsements to cover limited pollution liability, earthquake and excess flood

* This coverage summary is for illustration purposes only and is not a substitute for actual policy terms or conditions. Your specific questions should be referred to a qualified insurance professional or NYSIR’s Underwriting Department.

This company was issued a secure
rating by the A.M. Best Company, click
for additional details.

800-IS-NYSIR (800-476-9747)

333 Earle Ovington Blvd.,
Suite 905, Uniondale, NY