Civic IQ
INSURANCEAPPROVED

City of Dearborn FY2026 General Fund Budget Executive Summaries

Fleet & General Liability Insurance Premiums Increase

Increase of $589,762 (27%)Town of DearbornFLEET & GENERAL LIABILITY INSURANCEApril 1, 2025

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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

Description

Dearborn anticipates a $589,762 (27%) increase in Fleet & General Liability Insurance costs for FY2026 due to premium and settlement trends.

Contract Details

Contract Amount

Increase of $589,762 (27%)

Vendor

FLEET & GENERAL LIABILITY INSURANCE

Agency

Town of Dearborn, SD

Contract Type

INSURANCE

Document Date

April 1, 2025

Contract Term

FY2026

Renewal Date

2026-06-30

Renewal Info

Annual renewal, estimate based on claims and litigation trend.

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