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Cleburne County Commission moves to bind temporary insurance after sharp premium spike

Cleburne County Commission · December 31, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County staff told commissioners that municipal property and vehicle insurance quotes rose roughly 100–125%, and the commission moved to accept a broker'proposed payment plan and higher deductibles to prevent coverage lapsing while staff seeks lower rates.

Cleburne County commissioners agreed in an emergency session to bind temporary property and auto insurance coverage after staff reported a steep increase in premiums that threatened a lapse at midnight.

Lisa, the county staff member who presented the options, told commissioners the county faced “a significant increase somewhere on the order of a 100 and 25% increase in property insurance.” She said the county's previous underwriter no longer writes municipal property policies and that a broker had provided a preliminary quote “of 155,000 to start with,” while continuing to search for lower rates.

The com…

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