District Pays Earthquake Insurance Renewal Premium
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Description
Valley Sanitary District approved a $650,756.26 payment to George Petersen Insurance Agency for renewal of its earthquake insurance coverage for a 12‑month term beginning mid‑2026. The policy includes layered coverage placed with QBE, Lloyd’s of London, and Palomar Excess and Surplus Insurance Company.
Contract Details
Contract Amount
$650,756.26
Vendor
GEORGE PETERSEN INSURANCE AGENCY
Agency
Valley Sanitary District, CA
Contract Type
INSURANCE
Document Date
June 23, 2026
Contract Term
Earthquake insurance premium 07/01/2026 – 06/30/2027 (noted in warrant as 07/01/26–06/30/27)
Renewal Date
2027-06-30
Renewal Info
Renews the District’s earthquake insurance program for a new 12‑month term effective mid‑2026, brokered through George Petersen Insurance Agency with QBE, Lloyd’s, and Palomar providing layered coverage.
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