Town of Lapel Package Coverage Proposal 2026-07-01
Town of Lapel Offered 2026-27 Insurance Package
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Description
Great American Insurance Company, through its public sector program, has proposed a comprehensive insurance package for the Town of Lapel from July 1, 2026 to July 1, 2027 at an annual premium of $64,228 including terrorism coverage. The package includes property, equipment breakdown, inland marine, crime, multiple liability lines, malicious act coverage, and automobile coverage.
Contract Details
Contract Amount
$64,228 annual premium including terrorism (optional terrorism portion $784)
Vendor
GREAT AMERICAN INSURANCE COMPANY
Agency
Town of Lapel, IN
Contract Type
INSURANCE
Document Date
June 24, 2026
Contract Term
07/01/2026 to 07/01/2027
Renewal Date
2027-07-01
Renewal Info
One-year public entity package policy proposed for 07/01/2026–07/01/2027; subject to renewal negotiations prior to expiration. Terrorism coverage under TRIA is optional at an additional $784 premium and, if elected, will apply for the policy term.
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