INSURANCERECOMMENDED

Elgin Property Insurance Renewal With Alliant Proposed

The City of Elgin is recommended to approve renewal of its property, inland marine, and cyber liability insurance with the Alliant Property Insurance Program for the July 1, 2026 through June 30, 2027 term at an annual premium of $643,897. The renewed coverage maintains extensive property and cyber protections while reducing costs by $67,299 from the prior year.

Status
RECOMMENDED
Document date
June 24, 2026
Contract type
INSURANCE
Vendor
Alliant Property Insurance Program
Agency
Town of Elgin · IL

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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 amount
$643,897
Contract type
INSURANCE
Contract term
July 1, 2026 through June 30, 2027
Renewal date
2027-06-30
Renewal
Annual renewal of APIP property, inland marine and cyber liability coverage; current recommendation renews coverage for the 2026–2027 policy year at a reduced premium compared to the 2025–2026 term. Future renewals are expected to follow the program’s July 1 annual cycle subject to council approval.
Document type
Agenda
Source document
City of Elgin Committee of the Whole Meeting Agenda 2026-06-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Elgin?

Alliant Property Insurance Program was awarded this insurance contract by Town of Elgin, as recorded on June 24, 2026. The contract value is $643,897.

How much is the Alliant Property Insurance Program contract with Town of Elgin worth?

The Alliant Property Insurance Program contract with Town of Elgin is valued at $643,897, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Elgin Committee of the Whole Meeting Agenda 2026-06-24 (Agenda), dated June 24, 2026 from Town of Elgin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alliant Property Insurance Program hold?

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

View Alliant Property Insurance Program's profile

What is Town of Elgin currently buying?

Explore Town of Elgin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Elgin's profile

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