(a) Insurable losses. The term "insurable losses" as used in this article includes:
(1) Physical loss or damage, including flood and earthquake, to real and personal property of the county or any participating agency; and
(2) Liability of the county or of any participating agency for damage:
a. Due to injury or death of a person; or
b. To real and personal property due to the negligence or wrongful act of a public official, employee, or agent of the county or a participating agency while acting within the scope of their duties.
(b) Real and personal property; vehicles. The term "real property" shall include land and all improvements thereon. The term "personal property" shall include fixtures and all personal property located in or on such land or buildings. The term "vehicles" means vehicles running on land or tracks but not aircraft.
(c) Loss to real and personal property by riot, strike, etc. Loss by riot, riot attending a strike or civil commotion shall also include loss from pillage and looting attending or following such riot, riot attending a strike or civil commotion. Loss by aircraft includes loss caused by falling aircraft or objects falling from aircraft. Loss to real and personal property shall include all loss herein described, whether or not caused by the negligence of the county or the board of education or any other person. (Mont. Co. Code 1965, § 5-2; 1978 L.M.C., ch. 36, § 1; 1986 L.M.C., ch. 44, § 1.)