City of Fenton Board of Aldermen Agenda Packet 2026-06-25
Lloyd’s to provide wind-hail deductible buyback
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Description
Fenton’s Board will consider a deductible buyback option with Lloyd’s of London for wind and hail coverage on the RiverChase building. The arrangement for 2026–2027 would lower the City’s out-of-pocket exposure for severe weather damage.
Contract Details
Vendor
LLOYD'S OF LONDON
Agency
City of Fenton, MO
Contract Type
INSURANCE
Document Date
June 23, 2026
Contract Term
2026–2027 policy year (Property Wind and Hail Deductible Buyback)
Renewal Info
Annual deductible buyback arrangement for 2026–2027; future renewals not described.
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