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Concrete Texture

Direct Property Damage Trust Fund

Direct Property Damage Trust Fund (DPDTF)

We are not an insurance company, but a Self-Insured Group with 33 DPDTF members.

MTP’s Direct Damage Trust Fund (DPDTF) provides coverage for physical damage to vehicles:

  • Comprehensive - Pool is self insured up to $100,000 with excess coverage to $400,000, and vehicles with net book value above $400,000 are scheduled.

  • Collision - Pool is self insured up to $250,000 with excess coverage above that to a per occurrence limit of $2.4M.

Members make an annual deposit to the Pool for which they earn interest. In case of an incident, all members have a $10,000 Self Insured Retention (SIR) that is charged to the member’s account. Any cost above the SIR is shared by all members.

Administrative and Risk Shared costs are allocated based on a member’s fleet net book value.

At years end, an annual audit is prepared and if your system's claims, risk shared claims and administrative expenses are less than deposits, you will receive a refund! 

One of the greatest benefits to being in a self-insurance pool is having direct access to your claims examiner.

MTP coverage is December 1 through November 30.  If you are interested in learning more, please contact us today!


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