Board of Education StaffReport Approval of 2026-2027 Property and Liability Insurance Renewal 2026-06-26
Board Urged to Renew Coverage with Selective Insurance
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Description
The Board is recommended to approve renewal of the 2026-2027 commercial property and liability insurance package with Selective Insurance at a premium of $160,491.00, placed via Ramza Insurance Group. The coverage provides comprehensive protection for district facilities, vehicles, and legal liabilities for the upcoming school year.
Contract Details
Contract Amount
$160,491.00
Vendor
SELECTIVE INSURANCE
Agency
Streator ESD 44, IL
Contract Type
INSURANCE
Document Date
June 26, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Annual renewal of the district’s commercial property, casualty, and liability insurance package with Selective Insurance for the 2026-2027 school year, accessed via Ramza Insurance Group as broker. The renewal reflects an overall 7.2% premium increase from the 2025-2026 term.
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