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Nashville board renews property, vehicle and student-activity insurance; keeps longtime local agent

NASHVILLE SCHOOL DISTRICT · June 17, 2024
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Summary

The board approved continuing student-activity insurance with Dwight Jones Agency ($31,500) and renewed property and vehicle insurance through the Arkansas School Board Association (property $185,664.10; buses/vehicles $15,718.30). All votes were unanimous, 3-0.

The Nashville School District board unanimously approved a slate of insurance renewals and a student-activity insurance purchase at its June meeting.

Mr. Graham recommended retaining Dwight Jones Agency for student-activity and athletic coverage, citing a 40-year local relationship and the value of face-to-face service; the premium for that coverage is $31,500. The board approved the recommendation on a 3-0 vote.

Mr. Graham also presented ASBA (Arkansas School Board Association) insurance renewals for property and for buses and district vehicles. He reported last year’s property premium was $213,376 and that the ASBA quote this year is $185,664.10 for the 2024–25 school year. He said the vehicle and bus insurance bid rose to $15,718.30 (about a $4,000 increase). The board approved both renewals 3-0.

Mr. Graham noted replacement-cost language in the current ASBA policy and said there is legislative work underway to address school property insurance at the state level; any broader legislative changes would be handled separately.

The approvals were recorded during the board’s routine business session and will be incorporated into the district’s fiscal-year 24–25 budget and insurance procurements.