INSURANCEAPPROVED

Inverness village Awards $81,458 Insurance Contract to Municipal Insurance Cooperative Agency (mica) (June 2026)

The Inverness Board formally accepted the Municipal Insurance Cooperative Agency’s 2026-2027 risk management proposal, including a $1,000 deductible and application of $7,500 in member equity, for a gross premium of $81,458. This action renews comprehensive municipal insurance coverage.

Status
APPROVED
Document date
June 9, 2026
Contract type
INSURANCE
Vendor
Municipal Insurance Cooperative Agency (mica)
Agency
Inverness village · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$81,458
Contract type
INSURANCE
Contract term
2026-2027 program year
Renewal date
2027-04-30
Renewal
Annual renewal of MICA risk management program for 2026-2027 with specified deductible and equity usage.
Document type
AgendaPacket
Source document
Village of Inverness Agenda and Meeting Packet 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Inverness village?

Municipal Insurance Cooperative Agency (mica) was awarded this insurance contract by Inverness village, as recorded on June 9, 2026. The contract value is $81,458.

How much is the Municipal Insurance Cooperative Agency (mica) contract with Inverness village worth?

The Municipal Insurance Cooperative Agency (mica) contract with Inverness village is valued at $81,458, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Inverness Agenda and Meeting Packet 2026-06-09 (AgendaPacket), dated June 9, 2026 from Inverness village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Insurance Cooperative Agency (mica) hold?

Municipal Insurance Cooperative Agency (mica) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Municipal Insurance Cooperative Agency (mica)'s profile

What is Inverness village currently buying?

Explore Inverness village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Inverness village's profile

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