City of Beaumont Council Meeting Minutes April 2024
Windstorm Coverage with TWIA Renewed for City
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Description
The City renewed windstorm insurance with the Texas Windstorm Insurance Association, providing $60,507,684 in coverage as part of its 2024–2025 property insurance program. This coverage contributes to the total annual premium of $2,698,180.50.
Contract Details
Contract Amount
Portion of total $2,698,180.50 annual premium
Vendor
TEXAS WINDSTORM INSURANCE ASSOCIATION
Agency
City of Beaumont, TX
Contract Type
INSURANCE
Document Date
April 30, 2024
Contract Term
May 1, 2024 – May 1, 2025
Renewal Date
2025-05-01
Renewal Info
Annual windstorm policy effective May 1, 2024 through May 1, 2025.
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