Civic IQ
INSURANCERECOMMENDED

Santa Barbara MTD Board of Directors Agenda May 2025

MTD Property Insurance Renewal with AGCS Proposed

Not to exceed $47,952Santa Barbara Metro Transit DistAGCS MARINE INSURANCE COMPANYMay 6, 2025

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Santa Barbara MTD staff recommends renewing commercial property insurance with AGCS Marine Insurance Company for coverage from May 24, 2025 through May 24, 2026 at a cost not to exceed $47,952. The policy provides blanket building, contents, EDP, and business income coverage for MTD facilities.

Contract Details

Contract Amount

Not to exceed $47,952

Vendor

AGCS MARINE INSURANCE COMPANY

Agency

Santa Barbara Metro Transit Dist, CA

Contract Type

INSURANCE

Document Date

May 6, 2025

Contract Term

May 24, 2025 – May 24, 2026

Renewal Date

2026-05-24

Renewal Info

Proposed annual renewal of commercial property insurance for 2025-26; property rate remains flat at $0.23 while total insured values increased due to facility improvements.

More from AGCS MARINE INSURANCE COMPANY

Related Contracts

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free