Village of Tequesta AgendaPacket Workshop Meeting 2026-06-29
FMIT Provides Villagewide Property and Casualty Coverage
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Description
The Village of Tequesta maintains an ongoing comprehensive property, liability, auto, and workers’ compensation insurance program with FMIT totaling $970,387 in annual premiums through October 1, 2025. This pooled public-entity program includes specialized coverages for law enforcement, cyber, and public officials liability.
Contract Details
Contract Amount
$970,387 annually (FY26 total)
Vendor
FMIT
Agency
Tequesta village, FL
Contract Type
INSURANCE
Document Date
June 26, 2026
Contract Term
Policies effective through 10/1/2025
Renewal Date
2025-10-01
Renewal Info
Coverage is provided on an annual policy basis with the current term ending 10/1/2025; future renewal strategy and benchmarking against peer entities were discussed in the workshop.
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