Home Forward Board of Commissioners Meeting Agenda December 2024
Travelers Provides Increased Property Insurance Coverage
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Description
Home Forward renewed property and risk insurance with Travelers Excess and Surplus Lines Company for $2.5 million in annual premiums, covering major portfolio risks up to $100 million.
Contract Details
Contract Amount
$2,500,000 (total property premiums, increase of $430,000 from prior year)
Vendor
TRAVELERS EXCESS AND SURPLUS LINES COMPANY
Agency
Housing Authority of Portland, OR
Contract Type
INSURANCE
Document Date
December 17, 2024
Contract Term
January 1, 2025 – December 31, 2025
Renewal Date
2025-12-31
Renewal Info
Annual contract term; premium and terms reviewed/rebid on annual basis.
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