FINANCIAL_SERVICESONGOING

Homer Finances 2025 Insurance Premiums Through Lender

The Town of Homer is financing its 2025 property and casualty insurance premium of $287,861 through First Insurance Finance, having paid $43,179 down and committing to ten monthly payments of $25,540 starting April 8, 2025. This arrangement spreads the increased premium cost over most of the year.

Status
ONGOING
Document date
October 31, 2025
Contract type
FINANCIAL_SERVICES
Vendor
First Insurance Finance
Agency
Town of Homer · LA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$287,861 premium for 2025; $43,179 down payment plus 10 monthly payments of $25,540
Contract type
FINANCIAL_SERVICES
Contract term
Financing for 2025 property and casualty insurance premium, with payments beginning April 8, 2025 for ten months
Renewal date
2026-01-08
Renewal
Financing applies to the 2025 policy year; future renewals would require new financing arrangements.
Document type
Report
Source document
Town of Homer Summary of Issues October 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Homer?

First Insurance Finance was awarded this financial services contract by Town of Homer, as recorded on October 31, 2025. The contract value is $287,861 premium for 2025; $43,179 down payment plus 10 monthly payments of $25,540.

How much is the First Insurance Finance contract with Town of Homer worth?

The First Insurance Finance contract with Town of Homer is valued at $287,861 premium for 2025; $43,179 down payment plus 10 monthly payments of $25,540, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Town of Homer Summary of Issues October 2025 (Report), dated October 31, 2025 from Town of Homer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Insurance Finance hold?

First Insurance Finance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View First Insurance Finance's profile

What is Town of Homer currently buying?

Explore Town of Homer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Homer's profile

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