INSURANCEONGOING

City Holds LMCIT Insurance Budget Flat for 2027

The City of New Prague will maintain its 2026 budget level for property and liability insurance with LMCIT into the 2027 proposed budget, pending an updated premium outlook in fall 2026. Final insurance costs may adjust once LMCIT releases updated rates.

Status
ONGOING
Document date
July 20, 2026
Contract type
INSURANCE
Vendor
LMCIT
Agency
City of New Prague · MN

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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

Scope & details

The full contract record, as filed.

Contract type
INSURANCE
Contract term
updated premium outlook expected fall 2026
Renewal
Ongoing participation in LMCIT for property and liability coverage; 2027 premiums will be updated in fall 2026 based on LMCIT’s rate outlook.
Document type
AgendaPacket
Source document
City of New Prague Special City Council Meeting Agenda Packet 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of New Prague?

LMCIT was awarded this insurance contract by City of New Prague, as recorded on July 20, 2026.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of New Prague Special City Council Meeting Agenda Packet 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of New Prague. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LMCIT hold?

LMCIT may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of New Prague currently buying?

Explore City of New Prague's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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