Valley Sanitary District AgendaPacket Regular Session 2026-06-23
Board Approves $650K Earthquake Insurance Policy
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Description
Valley Sanitary District approved a 12‑month earthquake insurance policy placed through George Petersen Insurance Agency for fiscal year 2026/27 at a premium of $650,757, effective June 30, 2026. The coverage includes primary and excess layers from QBE, Lloyd’s of London, and Palomar.
Contract Details
Contract Amount
$650,757
Vendor
GEORGE PETERSEN INSURANCE AGENCY
Agency
Valley Sanitary District, CA
Contract Type
INSURANCE
Document Date
June 23, 2026
Contract Term
12-month policy starting June 30, 2026
Renewal Date
2027-06-30
Renewal Info
Earthquake insurance coverage for FY 2026/27 runs for 12 months starting June 30, 2026; renewal for future years will be considered in subsequent insurance cycles.
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