City Renews Windstorm Insurance with GSM Insurers
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Description
Rockport City Council ratified renewal of windstorm insurance coverage with GSM Insurers for $516,163.70. The policy covers $50.2 million in insured property and lowers the deductible from 3% to 1%.
Contract Details
Contract Amount
$516,163.70
Vendor
GSM INSURERS
Agency
City of Rockport, AR
Contract Type
INSURANCE
Document Date
May 12, 2026
Renewal Info
Annual windstorm insurance renewal; specific coverage period not listed in minutes, but renewal is for the upcoming hurricane season.
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City of Rockport City Council Regular Meeting Agenda Packet May 2026
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