City Weighs $124K Umbrella Insurance Policy With Oakbridge
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Description
The City of Oglethorpe is considering a May 2026–April 2027 umbrella insurance policy from Oakbridge totaling $124,847, payable in two equal installments. The mayor asked council members to review the proposal and seek competing quotes due to concerns about the premium increase.
Contract Details
Contract Amount
$124,847.00
Vendor
OAKBRIDGE
Agency
City of Oglethorpe, GA
Contract Type
INSURANCE
Document Date
April 30, 2026
Contract Term
May 2026 – April 2027
Renewal Date
2027-04-30
Renewal Info
Proposed annual umbrella insurance renewal for May 2026–April 2027; decision deferred pending review of alternative quotes and refund terms if coverage is changed mid-term.
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City of Oglethorpe Council Work Session Minutes 2026-04-30
City of Oglethorpe Council Work Session Minutes 2026-04-30
City of Oglethorpe Council Work Session Minutes 2026-04-30
City of Oglethorpe Council Work Session Minutes 2026-04-02
City of Oglethorpe Council Work Session Minutes 2026-04-02
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