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Town council approves new municipal insurance contract, council says coverage unchanged while cost falls
Summary
The town council voted to approve a new municipal insurance contract with the Georgia Interlocal Risk Management Agency, council members said the policy maintains existing coverage while reducing premiums by about half; staff will add a missing listed insured for a local renter.
The town council approved a contract on a motion to move municipal insurance to the Georgia Interlocal Risk Management Agency, the council said, after hearing that the new plan would keep existing coverages while cutting the town’s premium roughly in half. Council members introduced the contract as the first item of new business and debated details of listed insureds and rental liability before voting to approve the…
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