Agua Special Utility District Special Board Meeting Packet November 2025
Agua SUD Approves $313K Insurance Contract with Philadelphia Ins Co
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Description
Agua SUD entered a 12-month insurance agreement with Philadelphia Ins Co for property and casualty coverage, with a premium of $313,269. Policy facilitated by James A Grundy Agency and premium financed via Capital Premium Financing LLC.
Contract Details
Contract Amount
$313,269.00
Vendor
PHILADELPHIA INS CO
Agency
AGUA SUD, TX
Contract Type
INSURANCE
Document Date
November 20, 2025
Contract Term
12 months (Policy term: likely ending 1/31/2026)
Renewal Date
2026-01-31
Renewal Info
Policy financed over 9 monthly payments, term 12 months. Renewal to be considered prior to policy expiration on or about January 31, 2026.
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