Property Insurance Renewal Shows 6% Premium Decrease

The Law Library’s property insurance, historically placed through SPIP and now quoted through The Hartford, is expected to renew July 1, 2024 with an estimated premium of $68,289, a 6 percent decrease from the current year. The coverage protects the building and contents against fire and other physical damage.

Scope & details

The full contract record, as filed.

Contract amount

Current premium $72,758; 2024-25 projected decrease of 6% (estimated $68,289)

Contract type

INSURANCE

Contract term

Property coverage renewing July 1, 2024 for one year

Renewal date

2025-07-01

Renewal

Library joined SPIP in 2019; in 2023 coverage was moved to The Hartford under the SPIP umbrella for cost savings. For 2024–25, the broker proposes renewing with The Hartford at a reduced premium and continuing annual property coverage.

Document type

AgendaPacket

Source document

Los Angeles County Law Library Agenda Packet 2023-05-29

Related contracts

Other contracts from Special Property Insurance Program (spip).

View all →

Department of Rehabilitation Report Blind Advisory Committee Updates 2026-08-01

RENEWED

Department of Rehabilitation, CaliforniaAug 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by LA Law Library?

Special Property Insurance Program (spip) was awarded this insurance contract by LA Law Library, as recorded on May 29, 2023. The contract value is Current premium $72,758; 2024-25 projected decrease of 6% (estimated $68,289).

How much is the Special Property Insurance Program (spip) contract with LA Law Library worth?

The Special Property Insurance Program (spip) contract with LA Law Library is valued at Current premium $72,758; 2024-25 projected decrease of 6% (estimated $68,289), 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 Los Angeles County Law Library Agenda Packet 2023-05-29 (AgendaPacket), dated May 29, 2023 from LA Law Library. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Special Property Insurance Program (spip) hold?

Special Property Insurance Program (spip) 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 Special Property Insurance Program (spip)'s profile

What is LA Law Library currently buying?

Explore LA Law Library's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View LA Law Library's profile