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INSURANCERENEWED

city_council_committee_of_the_whole_meeting_agenda.pdf

City Reviews Renewal of Property Insurance Program

$572,623City of Elgin cityPROPERTY INSURANCE PROGRAMNovember 19, 2025

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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

Description

The City Council considered renewal of a property insurance program totaling $572,623 for coverage from July 1, 2022 through June 30, 2022. The program is intended to protect the City's financial resources and provide business interruption insurance.

Contract Details

Contract Amount

$572,623

Vendor

PROPERTY INSURANCE PROGRAM

Agency

City of Elgin city, IL

Contract Type

INSURANCE

Document Date

November 19, 2025

Contract Term

July 1, 2022 through June 30, 2022

Renewal Date

2022-06-30

Renewal Info

Renewal of existing property insurance coverage for the stated period; future renewals not specified.

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