North Castle Town Board Agenda Packet December 2024
Town Renews Property and Casualty Insurance with Tokiomarine
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Description
The Town Board renewed its 2025 Property and Casualty Insurance policy with Tokiomarine, working through FOA & Son Corporation, at a premium of $443,269.
Contract Details
Contract Amount
$443,269 for 2025
Vendor
TOKIOMARINE
Agency
Town of North Castle, NY
Contract Type
INSURANCE
Document Date
December 11, 2024
Contract Term
2025
Renewal Date
2025-12-31
Renewal Info
Annual renewal; FOA & Son acts as insurance agent. No policy reductions; 9% premium increase negotiated as below-market.
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