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District renews property, auto and liability insurance; premium drops $39,531
3043050 · March 26, 2025
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Summary
Springfield R‑XII recommended and the board approved a renewal package of property, automobile, liability and miscellaneous coverages totaling $2,287,324, a year‑to‑year decrease of $39,531.
District staff and the district broker presented the annual property, automobile, liability and miscellaneous insurance renewal for coverage expiring April 1, 2025, and recommended renewal with the carriers that provided optimal bids.
The broker reported a proposed total premium of $2,287,324, a $39,531 decrease from the prior year. Staff noted a 12.8 percent premium increase on…
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