Chubb property insurance bid declined by district
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Description
Chubb Limited provided a competitive property insurance quote of $651,871 for Anoka-Hennepin Schools for the 2026–2027 term, slightly lower than the incumbent’s offer. District officials, however, recommend rejecting the proposal due to concerns about higher property valuations and future premium costs.
Contract Details
Contract Amount
$651,871 (property insurance quote, not recommended)
Vendor
CHUBB LIMITED
Agency
Anoka-Hennepin Public School District, MN
Contract Type
INSURANCE
Document Date
April 27, 2026
Contract Term
May 1, 2026 – April 30, 2027 (proposed)
Renewal Date
2027-04-30
Renewal Info
Chubb’s proposal was evaluated as an alternative for the May 1, 2026–April 30, 2027 property insurance term but is not recommended for award; no renewal will occur under this quote.
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