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Town insurance renewal shows larger premium range; trustees told flood and cyber coverage options are under review
Summary
Staff reported a renewal quote for property and casualty insurance showing a year-over-year increase and presented optional add-ons for water-line no-fault and cybersecurity coverage; flood insurance for a floodplain building requires excess coverage.
Finance and HR staff presented the town's property and casualty insurance renewal and said quotes show an increase for 2026. The renewal covers property, automobile physical damage, auto liability, general liability and public-official liability. Staff said the town requested multiple quotes and is evaluating options that include no-fault…
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