CONTRACTRATIFIED

American Alternative Adds Umbrella Liability Coverage

Village of Kings Point
Disclosed value
$5,000,000.00 umbrella in excess of $20,000,000.00; $5,000.00 umbrella in excess of $20,000.00
From minutes
Document date
Mar 11, 2026
Renews
Free account

The 30-second brief

What it covers

American Alternative Insurance Co. will furnish umbrella coverage layers, including a $5 million umbrella above $20 million in underlying coverage, within the Village of Kings Point’s 2026–2027 insurance package. These umbrellas enhance the Village’s overall liability protection.

Who holds it

American Alternative Insurance Company holds this insurance contract with Village of Kings Point. Its other public contracts on record include work for City of Geneva and City of Shaker Heights.

What happens next

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Contract details

Contract type
Insurance
Amount
$5,000,000.00 umbrella in excess of $20,000,000.00; $5,000.00 umbrella in excess of $20,000.00
Document date
March 11, 2026
Term
March 1, 2026 – March 1, 2027 (within overall program)
Renews
On record
Source document
Village of Kings Point Board of Trustees Meeting Minutes March 2026 (Minutes)

American Alternative Insurance Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Village of Kings Point?

American Alternative Insurance Company was awarded this insurance contract by Village of Kings Point, as recorded on March 11, 2026. The contract value is $5,000,000.00 umbrella in excess of $20,000,000.00; $5,000.00 umbrella in excess of $20,000.00.

How much is the American Alternative Insurance Company contract with Village of Kings Point worth?

The American Alternative Insurance Company contract with Village of Kings Point is valued at $5,000,000.00 umbrella in excess of $20,000,000.00; $5,000.00 umbrella in excess of $20,000.00, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Village of Kings Point Board of Trustees Meeting Minutes March 2026 (Minutes), dated March 11, 2026 from Village of Kings Point. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Alternative Insurance Company hold?

American Alternative Insurance Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Village of Kings Point currently buying?

Explore Village of Kings Point's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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