Clay Township Insurance Proposal 2026-07-01
Clay Township Offered 2026–27 Insurance Package Proposal
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Description
The Breadon Group, LLC has proposed a comprehensive insurance program for Clay Township, Michigan, covering liability, property, auto, crime, inland marine, equipment breakdown, and excess liability for the period July 1, 2026, through July 1, 2027, at a quoted premium of $134,885. Optional terrorism coverage under the federal Terrorism Risk Insurance Act is available for an additional premium, subject to Clay Township’s acceptance and signed TRIA forms.
Contract Details
Contract Amount
$134,885 annual premium plus optional terrorism premium of $867 (prospective premium for certified acts of terrorism coverage is $712)
Vendor
BREADON GROUP LLC
Agency
Town of Clay, MI
Contract Type
INSURANCE
Document Date
June 23, 2026
Contract Term
07/01/2026 – 07/01/2027
Renewal Date
2027-07-01
Renewal Info
One-year insurance proposal effective 07/01/2026 to 07/01/2027; renewal beyond this term would require a new quote and acceptance. Terrorism coverage may be included or excluded based on Clay Township’s TRIA election at binding.
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