INSURANCEAPPROVED

Duluth Airport Authority Board Meeting Agenda Packet March 2026

Airport Property Insurance Awarded to Hanover Insurance

Up to $110,000 (estimated $108,567)Duluth Airport AuthorityHANOVER INSURANCEMarch 17, 2026

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Description

The Duluth Airport Authority approved an agreement to insure property and equipment through the City of Duluth's policy with Hanover Insurance, for up to $110,000, covering February 16, 2026 to February 16, 2027. Coverage includes airport buildings and heavy equipment with a $100,000 deductible.

Contract Details

Contract Amount

Up to $110,000 (estimated $108,567)

Vendor

HANOVER INSURANCE

Agency

Duluth Airport Authority, MN

Contract Type

INSURANCE

Document Date

March 17, 2026

Contract Term

February 16, 2026 – February 16, 2027

Renewal Date

2027-02-16

Renewal Info

Annual policy, recurring agreement with updated exhibits and amounts each year; only prices and equipment lists updated for current year.

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Issuing Agency