City of Sweeny Agenda Packet 2026-05-19
City Considers Insurisk Deductible Buyback Layer
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Description
The City reviewed an Insurisk deductible buyback option that would cap per-occurrence wind/hail deductibles at $25,000 during the 2026–2027 term for an additional premium of $7,606.94. This coverage would supplement the AmRisc open market windstorm policy.
Contract Details
Contract Amount
$7,606.94
Vendor
INSURISK
Agency
City of Sweeny, TX
Contract Type
INSURANCE
Document Date
May 19, 2026
Contract Term
Aligned with AmRisc policy term May 22, 2026 – May 22, 2027
Renewal Date
2027-05-22
Renewal Info
Proposed as an optional one-year deductible buyback (Option 1) running concurrently with the AmRisc windstorm policy from May 22, 2026 to May 22, 2027.
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