City of Capitola Proposed Budget Fiscal Year 2026-27
City uses PEPI program for property insurance coverage
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Description
Capitola uses the Public Entity Property Insurance Program to secure property insurance from Lexington at an annual premium of about $100,000. The pooled program structure helps the City manage risk for its facilities and infrastructure.
Contract Details
Contract Amount
$100,000 annual property insurance premium (passed through to Lexington)
Vendor
PUBLIC ENTITY PROPERTY INSURANCE PROGRAM
Agency
City of Capitola, CA
Contract Type
INSURANCE
Document Date
May 4, 2026
Contract Term
Annual program participation
Renewal Info
Program participation is renewed annually with updated premiums and coverage terms.
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City of Capitola Proposed Budget Fiscal Year 2026-27
City of Capitola Proposed Budget Fiscal Year 2026-27
City of Capitola Proposed Budget Fiscal Year 2026-27
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