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Polk County commissioners approve insurance renewals after property and cyber premium changes
Summary
Polk County Board of Commissioners unanimously approved renewal of general liability, property, automobile and expanded cybersecurity insurance, noting about a $60,000 overall increase driven by property values and added excess cyber coverage.
Polk County commissioners on May 28 unanimously approved renewal of the county's general liability, property, automobile and cybersecurity insurance policies after staff reported an overall premium increase and recommended purchasing all coverages in the memorandum.
County staff told the commissioners the renewal package represents roughly a $60,000 increase from last year, driven mainly by property insurance. "The biggest change is in the property insurance. We have an increase of about almost 50,000 over last year," staff member Mr. Hanson…
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