East Bay Charter Township Board Meeting Packet April 2026
Board Approves 2026–27 Par Plan Insurance Premium
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Description
East Bay Charter Township approved the 2026–2027 insurance premium of $65,226 through Municipal Underwriters of Michigan under the Michigan Township Par Plan. The one-year policy reflects a significant premium increase driven by recent claims, including the loss of an ambulance.
Contract Details
Contract Amount
$65,226.00
Vendor
MUNICIPAL UNDERWRITERS OF MICHIGAN
Agency
Town of East Bay, MI
Contract Type
INSURANCE
Document Date
April 13, 2026
Contract Term
March 2026 – March 2027
Renewal Date
2027-03-31
Renewal Info
Annual Par Plan insurance coverage renewed for March 2026–2027; premium is significantly higher due to recent claim history. Future RFPs for insurance may be considered after claim experience stabilizes.
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