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Council approves $70,743 TWIA windstorm/hail policy; community building coverage pending certificates
Summary
Council approved a $70,743 windstorm and hail policy with a 2% deductible; the community house and rec center remain temporarily excluded pending missing WPI-8 roofing certificates, and staff will continue working with the insurance agent to restore coverage.
City finance staff and the city’s insurance agent reported that Victor Insurance placed a windstorm and hail policy for the Texas Windstorm Insurance Association (TWIA) effective Jan. 6, 2025, with a premium of $70,743 and an unchanged 2% deductible.
Finance Director Ashley Hurst (identified in staff remarks) told council that two city buildings —…
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