INSURANCEAPPROVED

Phoenix village Awards $281,998 Insurance Contract to Broker Insuresource (May 2026)

The Village of Phoenix Board approved an insurance renewal policy with Broker InsureSource for a $281,998 premium, with a $56,759.60 down payment and 10 equal follow-up payments. The renewal ensures continued insurance coverage for the municipality.

Status
APPROVED
Document date
May 26, 2026
Contract type
INSURANCE
Vendor
Broker Insuresource
Agency
Phoenix village · IL

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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
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
$281,998
Contract type
INSURANCE
Contract term
10 equal payments after $56,759.60 down payment
Renewal
This action renews the Village’s insurance policy through Broker InsureSource under a new premium and payment plan; future renewals will require subsequent Board approval.
Document type
Minutes
Source document
Village of Phoenix Regular Board Meeting Minutes 2026-05-26

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Phoenix village?

Broker Insuresource was awarded this insurance contract by Phoenix village, as recorded on May 26, 2026. The contract value is $281,998.

How much is the Broker Insuresource contract with Phoenix village worth?

The Broker Insuresource contract with Phoenix village is valued at $281,998, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Phoenix Regular Board Meeting Minutes 2026-05-26 (Minutes), dated May 26, 2026 from Phoenix village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Broker Insuresource hold?

Broker Insuresource 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 Broker Insuresource's profile

What is Phoenix village currently buying?

Explore Phoenix village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Phoenix village's profile

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