Board Rejects Additional Property Insurance from NYMIR
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Description
The Town of Veteran Board considered, but ultimately rejected, the purchase of additional property insurance coverage to full appraised values from NYMIR for 2026, which would have raised premiums by less than $599.
Contract Details
Contract Amount
< $599 additional premium
Vendor
NEW YORK MUNICIPAL INSURANCE RECIPROCAL NYMIR
Agency
Town of Veteran, NY
Contract Type
INSURANCE
Document Date
May 14, 2026
Contract Term
2026
Renewal Date
2027-01-01
Renewal Info
NYMIR update to full appraised value required by 2027, optional for 2026. Not approved for 2026.
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