Ringwood Town Council Meeting Minutes April 7 2026
Council Reviews Upcoming OMAG Insurance Premium Increase
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Description
The Ringwood Town Council reviewed an anticipated increase in property insurance premiums from OMAG effective February 2027 and asked staff to explore lowering appraised property values to reduce costs. No changes to the insurance contract were approved at this time.
Contract Details
Vendor
OMAG
Agency
Town of Ringwood, OK
Contract Type
INSURANCE
Document Date
April 7, 2026
Contract Term
effective February 2027 (future policy period, exact dates not stated)
Renewal Date
2027-02-01
Renewal Info
Existing property insurance coverage with OMAG will see a premium increase effective February 2027; council is considering adjusting appraised values before that date to influence renewal cost.
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