INSURANCERECOMMENDED

District urged to renew property program with IOA

Siver Insurance Consultants recommends Seminole County Public Schools renew its 2026-2027 property insurance program through Insurance Office of America for a quoted premium of $4,826,750, plus related fees. The recommendation includes purchasing an option to reduce the Named Storm deductible from 5% to 3% for an additional $350,000.

Status
RECOMMENDED
Document date
June 3, 2026
Contract type
INSURANCE
Vendor
Insurance Office of America
Agency
Seminole County School District · FL

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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Scope & details

The full contract record, as filed.

Contract amount
$4,826,750 plus $350,000 for Named Storm deductible buy-down, $100,000 broker fee, $60 DEM EMP fee, $7,300 other fees
Contract type
INSURANCE
Contract term
July 1, 2026 – June 30, 2027
Renewal date
2027-06-30
Renewal
Recommended renewal of existing property insurance program with IOA for 2026-2027, with an optional enhancement reducing the Named Storm deductible from 5% to 3% purchased for $350,000. Terms and limits otherwise largely match the expiring structure.
Document type
Report
Source document
School District of Seminole County Report Insurance Renewals 2026-06-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Seminole County School District?

Insurance Office of America was awarded this insurance contract by Seminole County School District, as recorded on June 3, 2026. The contract value is $4,826,750 plus $350,000 for Named Storm deductible buy-down, $100,000 broker fee, $60 DEM EMP fee, $7,300 other fees.

How much is the Insurance Office of America contract with Seminole County School District worth?

The Insurance Office of America contract with Seminole County School District is valued at $4,826,750 plus $350,000 for Named Storm deductible buy-down, $100,000 broker fee, $60 DEM EMP fee, $7,300 other fees, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in School District of Seminole County Report Insurance Renewals 2026-06-03 (Report), dated June 3, 2026 from Seminole County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Insurance Office of America hold?

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

View Insurance Office of America's profile

What is Seminole County School District currently buying?

Explore Seminole County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Seminole County School District's profile

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