Lloyds Auto Open Lot Coverage Renewal Recommended
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Description
Omaha Public Schools is recommended to renew its primary Auto Comprehensive Open Lot coverage with Lloyds of London, providing a $2.5 million limit within a $10 million layered program at an annual premium of $183,430. The program maintains a $1,000,000 retention and a 2% wind/hail deductible per unit.
Contract Details
Contract Amount
$183,430 annual premium
Vendor
LLOYDS OF LONDON
Agency
Omaha Public Schools, NE
Contract Type
INSURANCE
Document Date
May 1, 2026
Contract Term
5/1/2026 – 5/1/2027 (implied annual term)
Renewal Date
2027-05-01
Renewal Info
Continuation of the auto open lot primary layer as part of a two-carrier structure, with unchanged limits and slightly reduced total program premium for 2026.
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