city_council_committee_of_the_whole_meeting_agenda.pdf
City Plans Property Insurance Program Renewal
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Description
The City of Elgin is scheduled to renew its property insurance program for July 1, 2023 through June 30, 2024 at a cost of $720,140. The renewal includes business interruption insurance to protect the city’s financial resources.
Contract Details
Contract Amount
$720,140
Vendor
PROPERTY INSURANCE PROGRAM
Agency
City of Elgin city, IL
Contract Type
INSURANCE
Document Date
December 17, 2025
Contract Term
July 1, 2023 through June 30, 2024
Renewal Date
2024-06-30
Renewal Info
One-year renewal of the property insurance program covering July 1, 2023 to June 30, 2024. Future renewals will be required after this term expires.
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