Board Renews Property Insurance with Gallagher NTE $4.46M
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Description
Polk County School Board approved renewal of district property insurance, brokered by Arthur J. Gallagher Risk Management Services, for the 2026/27 year at a premium not to exceed $4,464,607. The renewal raises coverage limits to $40 million, lowers named windstorm deductibles to 3%, and adds $5 million in additional coverage.
Contract Details
Contract Amount
Not to exceed $4,464,607
Vendor
ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES
Agency
Polk County School District, FL
Contract Type
INSURANCE
Document Date
April 28, 2026
Contract Term
2026/27 policy year
Renewal Date
2027-06-30
Renewal Info
Renewal of expiring 2025/26 property, equipment breakdown, and NFIP policies for the 2026/27 term with increased limits and reduced windstorm deductible.
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