Transportation Corridor Agencies Joint Finance & Investment Committee Meeting Agenda Feb 2026
TCA Renews Vehicle Physical Damage Coverage With AGCS Marine
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Description
The Transportation Corridor Agencies maintain vehicle physical damage coverage with AGCS Marine Insurance Company for FY26, covering auto risks including earthquake and flood. The 07/01/2025–07/01/2026 policy carries a $202,773 limit and $1,743 premium, reflecting higher insurable values.
Contract Details
Contract Amount
$1,743 (FY26 Public Entity Physical Damage premium)
Vendor
AGCS MARINE INSURANCE COMPANY
Agency
Foothill Transportation Corridor Agency, CA
Contract Type
INSURANCE
Document Date
February 25, 2026
Contract Term
07/01/2025 – 07/01/2026
Renewal Date
2026-07-01
Renewal Info
Annual vehicle physical damage policy renewing July 1 with a $1,000 deductible per vehicle and coverage including earthquake and flood; FY26 premium increased due to higher vehicle values.
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