City of Xenia Council Meeting Agenda Packet May 14, 2026
Xenia Renews Property and Liability Insurance with PEP
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Description
City Council approved Resolution 2026-026 to renew its property and liability insurance coverage with the Public Entities Pool of Ohio for one year starting May 1, 2026, at a premium of $488,348. The policy provides coverage for the City, its employees, and its assets, with terms negotiated via the City’s broker.
Contract Details
Contract Amount
$488,348
Vendor
PUBLIC ENTITIES POOL OF OHIO
Agency
City of Xenia, OH
Contract Type
INSURANCE
Document Date
May 14, 2026
Contract Term
One year, May 1, 2026 – April 30, 2027 (coverage year begins May 1 and runs until April of next year)
Renewal Date
2027-04-30
Renewal Info
Annual renewal of property and liability insurance through PEP, brokered by Montgomery Insurance and Investments; 2026-2027 premium negotiated from an initial $517,000 down to $488,348. Future renewals are expected annually based on updated exposures and expenditures.
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City of Xenia Council Meeting Agenda Packet May 14, 2026
City of Xenia Council Meeting Agenda Packet May 14, 2026
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