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INSURANCEAPPROVED

Village of Silver Lake Council Meeting Agenda Packet 2026-05-18

Silver Lake Renews Municipal Insurance With Wichert Insurance

Silver Lake villageWICHERT INSURANCE SERVICES INCMay 16, 2026

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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

The Village of Silver Lake Council approved Ordinance 23-2026 authorizing an annual insurance agreement with Wichert Insurance Services, Inc. to provide property, inland marine, crime, auto, liability, law enforcement, cyber, and umbrella coverage. The renewal reflects a roughly 3.8% premium increase alongside a 5% rise in insured property values and was adopted on emergency with a 7-0 vote.

Contract Details

Vendor

WICHERT INSURANCE SERVICES INC

Agency

Silver Lake village, OH

Contract Type

INSURANCE

Document Date

May 16, 2026

Contract Term

Annual property and liability insurance policy year beginning 2026 (exact dates not stated)

Renewal Info

Described in committee as the annual renewal of the Village’s property and liability insurance package; future renewals will likely require similar annual ordinances. No explicit multi-year term or automatic renewal language is provided.

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