Gervais School District #1 Minutes Regular & Executive Session 2026-03-19
PACE Insurance Premiums Increase for 2026-2027
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Description
The district’s insurance coverage with PACE Insurance is set to increase in cost due to higher premiums, mainly because of catastrophic claims across the insurance pool. The additional financial impact will be $20,000 to $30,000 per year.
Contract Details
Vendor
PACE INSURANCE
Agency
Gervais School District 1, OR
Contract Type
INSURANCE
Document Date
March 19, 2026
Contract Term
Estimated additional cost of $20,000 to $30,000 per year due to premium increases
Renewal Date
2027-06-30
Renewal Info
Annual insurance pool contract, subject to premium adjustment based on claims.
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