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City of Elgin Committee of the Whole Meeting Agenda 2026-06-24

Elgin to Consider 2026-27 Property Insurance Renewal

$643,897Town of ElginPROPERTY INSURANCE PROGRAMJune 24, 2026

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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

The City of Elgin Committee of the Whole will consider renewal of its property insurance program for the July 1, 2026 through June 30, 2027 term at a cost of $643,897. The renewal is intended to protect the city’s financial resources and provide business interruption insurance.

Contract Details

Contract Amount

$643,897

Vendor

PROPERTY INSURANCE PROGRAM

Agency

Town of Elgin, IL

Contract Type

INSURANCE

Document Date

June 24, 2026

Contract Term

July 1, 2026 through June 30, 2027

Renewal Date

2027-06-30

Renewal Info

One-year renewal of the city’s property insurance coverage from July 1, 2026 through June 30, 2027. Future renewals would be considered annually.

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