Melbourne Airport Authority Agenda 2026-06-24
Airport Renews $200M Liability Coverage Policy
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Description
The Board approved renewing the Airport’s general liability insurance with National Union Fire Insurance Company for one year at a not-to-exceed premium of $92,051. The policy provides $200 million in liability coverage with a $50,000 deductible and maintains last year’s rate.
Contract Details
Contract Amount
Not-to-exceed $92,051.00
Vendor
NATIONAL UNION FIRE INSURANCE COMPANY
Agency
Melbourne Airport Authority, FL
Contract Type
INSURANCE
Document Date
June 24, 2026
Contract Term
One-year term beginning July 14, 2026 (upon renewal of expiring policy)
Renewal Date
2027-07-14
Renewal Info
One-year renewal of existing liability policy at unchanged premium rate, effective upon expiration of the current policy on July 14, 2026.
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