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INSURANCERECOMMENDED

Board of Education StaffReport Approval of 2026-2027 Property and Liability Insurance Renewal 2026-06-26

District Insurance Package Renewal via Ramza Broker

$160,491.00Streator ESD 44RAMZA INSURANCE GROUP INCJune 26, 2026

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Description

District administrators recommend renewing the 2026-2027 commercial property and liability insurance package placed through Ramza Insurance Group, Inc. at a total premium of $160,491.00. The package provides comprehensive coverage for district facilities, vehicles, and operations for the upcoming school year.

Contract Details

Contract Amount

$160,491.00

Vendor

RAMZA INSURANCE GROUP INC

Agency

Streator ESD 44, IL

Contract Type

INSURANCE

Document Date

June 26, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

Annual renewal of the district’s commercial property, casualty, and liability insurance package with coverage placed through Ramza Insurance Group, Inc. for the 2026-2027 school year. Prior year premium was $149,675.00; the 2026-2027 renewal reflects a $10,816.00 (7.2%) increase.

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Issuing Agency

Streator ESD 44

School

Streator, IL

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Vendor

RAMZA INSURANCE GROUP INC

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