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Council approves $75,745 windstorm policy renewal through TWIA
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Summary
The council approved a windstorm and hail insurance renewal procured through McGriff and offered through TWIA with a $75,745 premium and a 2% deductible; the cost was included in the budget, council voted unanimously to approve.
City staff told the council on Jan. 5 that McGriff secured windstorm and hail coverage through the Texas Windstorm Insurance Association (TWIA) effective Jan. 6, 2026. Miss Hurst reported the premium is $75,745 and that the coverage maintains the previous 2% deductible. She said cost was included in the budget.
Miss Hurst also described McGriff’s recent work helping the city find savings by switching other coverages and noted a prior $200,000 savings resulting from a change to Liberty Mutual for all-other-peril property insurance. Councilman Matamortis moved to approve the TWIA renewal as presented and Councilman Davis seconded; the motion carried unanimously.
Financial and procedural details: Miss Hurst stated the premium was included in the budget. No amendments to coverage or deductible were proposed during the meeting.
Next steps: The city will finalize the TWIA policy and continue work with McGriff to explore consolidation of other policies for possible savings.
