Novi Recommended To Join MML Insurance Pool For FY27

City administration recommends approval of 2026-2027 property and liability insurance coverage with the Michigan Municipal League Liability and Property Pool for an annual premium of $607,328. The one-year program would cover all City facilities, vehicles, and municipal operations with roughly $10 million in liability limits and a $50,000 deductible, and includes eligibility for future member dividends.

Scope & details

The full contract record, as filed.

Contract amount

$607,328

Contract type

INSURANCE

Contract term

Fiscal Year 2026-27 (effective 7/1/2026 – 6/30/2027)

Renewal date

2027-06-30

Renewal

One-year insurance placement for FY 2026-27 with eligibility for pool dividend distributions beginning after the first renewal, increasing to full (100%) participation after the fifth renewal year. Future renewals would be annual and subject to underwriting and Council approval.

Document type

StaffReport

Source document

City of Novi StaffReport Consideration of the City’s 2026-2027 property and liability insurance coverage 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Novi?

Michigan Municipal League Liability & Property Pool was awarded this insurance contract by City of Novi, as recorded on June 22, 2026. The contract value is $607,328.

How much is the Michigan Municipal League Liability & Property Pool contract with City of Novi worth?

The Michigan Municipal League Liability & Property Pool contract with City of Novi is valued at $607,328, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Novi StaffReport Consideration of the City’s 2026-2027 property and liability insurance coverage 2026-06-22 (StaffReport), dated June 22, 2026 from City of Novi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Michigan Municipal League Liability & Property Pool hold?

Michigan Municipal League Liability & Property Pool may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Michigan Municipal League Liability & Property Pool's profile

What is City of Novi currently buying?

Explore City of Novi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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