Hanover Auto Physical Damage Renewal Proposal
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Description
Hanover is proposed to provide 2026–2027 auto physical damage coverage to Marin Municipal Water District, including a $10 million catastrophe limit and coverage for contractor’s equipment and boats. The annual premium is quoted at $29,264 with a $25,000 deductible.
Contract Details
Contract Amount
Premium: $29,264 / Rate: $0.3068
Vendor
HANOVER
Agency
Marin Municipal Water District, CA
Contract Type
INSURANCE
Document Date
May 28, 2026
Contract Term
2026-2027 policy year
Renewal Date
2027-07-01
Renewal Info
Renewal seeks to maintain the $25K deductible, allow annual inflation of replacement cost values, and keep any rate increase to single digits while preserving auditable coverage terms.
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