Direct Property Damage Trust Fund

Direct Property Damage Trust Fund (DPDTF)

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

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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.

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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.

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

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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! 

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

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