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Wright County approves $412,699 property/casualty renewal; county to confirm courthouse valuation after ICAP inspection
Summary
The Wright County Board approved payment of the FY2025-26 ICAP property and casualty premium of $412,699, noting the county will revisit the amount after a planned courthouse valuation by ICAP inspectors.
The Wright County Board of Supervisors voted to approve the county27s FY2025-26 property and casualty insurance premium with ICAP at $412,699, an increase of $47,130 over the prior year.
Jay Lafever, presenting on behalf of the committee that reviewed the renewal, said the committee increased equipment valuations and recommended raising deductibles (building deductible to $5,000 and equipment deductible to $1,000) to offset premium increases. Lafever reported the…
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