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Plainview ISD approves $1.014 million property/casualty renewal, opts for wind/hail deductible buy-down
Summary
The Plainview ISD Board voted 7-0 to renew property and casualty insurance for 2025–26 with TASB and to purchase an endorsement lowering wind/hail deductible from 2% to 1%, bringing the total cost to $1,014,051.
The Plainview ISD Board of Trustees voted 7-0 on May 15 to renew the district's property and casualty insurance for the 2025–26 school year and to purchase an endorsement reducing the wind and hail deductible from 2% to 1%.
Becca (Finance Department) told the board the base premium for 2025 will be $749,524 and the buy-down endorsement would cost $264,627, for a combined total of $1,014,051. "As you can see, the cost of liability insurance has gone up…
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