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County insurance broker recommends switching carriers, commissioners weigh higher wind/hail deductibles
Summary
SURE Partners presented quotes for property/casualty and workers' compensation renewing May 22; Travelers offered broader coverage and lower package premium than incumbent Liberty, but both carriers and market standards raise wind/hail deductibles to a minimum of $100,000 or 1% for large municipal schedules.
County insurance brokers from SURE Partners on May 5 presented renewal options for the county's property/casualty and workers' compensation programs ahead of a May 22 renewal deadline and recommended moving the county's package to Travelers from incumbent Liberty.
Steve Leist and Kevin Krekler of SURE Partners said Travelers presented more favorable terms in several areas: Travelers proposed replacement‑cost coverage for the courthouse (rather than Liberty’s actual cash value), offered per‑occurrence property coverage (instead of per‑location), and included coverage for…
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