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Monterey-Salinas Transit Board of Directors Meeting Agenda December 2024

MST Continues Insurance Coverage With Transit Pool

$247,007.90 (October 4, 2024 disbursement including liability program and vehicle physical damage costs and interest) plus $18,593.12 (October 16, 2024 public liability payment)Monterey-Salinas TransitCALIF TRANSIT INS POOLDecember 9, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

MST paid the California Transit Insurance Pool over $265,000 in October 2024 for public liability and vehicle physical damage insurance program costs and associated interest. These payments support MST’s ongoing participation in a pooled transit insurance program.

Contract Details

Contract Amount

$247,007.90 (October 4, 2024 disbursement including liability program and vehicle physical damage costs and interest) plus $18,593.12 (October 16, 2024 public liability payment)

Vendor

CALIF TRANSIT INS POOL

Agency

Monterey-Salinas Transit, CA

Contract Type

INSURANCE

Document Date

December 9, 2024

Contract Term

Quarterly and periodic premium and program cost payments

Renewal Info

Described as recurring program and public liability costs; specific policy term and renewal dates are not noted in the agenda backup.

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