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INSURANCERENEWED

City of Rockport City Council Regular Meeting Agenda Packet May 2026

City Renews Windstorm Insurance with GSM Insurers

$516,163.70City of RockportGSM INSURERSMay 12, 2026

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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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