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The Washington State Transit Insurance Pool consists of 24 Washington public transit agencies that pool their resources in order to provide and purchase insurance coverage, manage claims and litigation, and receive risk management and training. Public entity insurance pools, such as WSTIP, are allowed under RCW 48.62 and utilize an Interlocal Agreement and Bylaws to link members together. WSTIP is regulated by the Washington State Risk Manager’s Office (part of the Office of Financial Management) and is audited by the Washington State Auditor’s Office. A Board of Directors consisting of at least one representative from each member governs WSTIP. WSTIP is also recognized as a leader in public pooling by the Association of Governmental Risk Pools.

 About Us

On January 1, 1989, eight public transit agencies united to form a self-funded, liability only public insurance pool. The initial eight members were:

  • Ben Franklin Transit
  • Clallam Transit Community Transit
  • Grays Harbor Transit
  • Intercity Transit
  • Jefferson Transit
  • Kitsap Transit
  • Pacific Transit

The initial combined contribution (premium) paid by the members was approximately $1.2 million with the pool providing $10 million of general/auto liability coverage with no deductibles. Pool management was shared among the member transit agencies. Over the next 20 years, the pool added staff to manage administration, claims, and member services.

Today, WSTIP’s membership has increased to 24 public transit agencies, has an annual budget of approximately $9.4 million, and provides a variety of insurance to its members.

For a complete listing of members, see the Our Members tab.

 Announcements

WSTIP Seeking Janitorial Cleaning Services Attachment
by Tracey Christianson
 8/24/2010 11:01 AM
 
Transit Portal Up and Running 
by Tracey Christianson
 5/12/2010 8:30 AM
 
Washington Transit Portal

 Partner Sites

  Training Coalition
  Washington State Transit Association
  Washington State Department of Transportation

 Annual Report

2007 WSTIP Annual ReportUse SHIFT+ENTER to open the menu (new window).
2008 WSTIP Annual ReportUse SHIFT+ENTER to open the menu (new window).
2009 WSTIP Annual ReportUse SHIFT+ENTER to open the menu (new window).

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