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Board approves $249,004.18 Bancorp insurance renewal for FY2027
Summary
Dickenson County approved a FY2027 insurance renewal through Bancorp at a quoted $249,004.18—about $22,876 less than the current year—covering property, liability, vehicles, work comp and related coverages.
The Dickenson County Board of Supervisors approved a Bancorp insurance renewal for fiscal year 2027 after staff reported a renewal quote of $249,004.18, approximately $22,876 lower than the current year.
County Administrator explained the county participates in Bancorp, a self‑insured risk pool used by Virginia counties and schools, and said the renewal covers the county’s vehicles, buildings, property liability, workers’ compensation and line‑of‑duty coverages. "Our renewal came in at $249,004.18, which is about $22,876 less than the current year," the administrator said.
A supervisor moved to approve the renewal; the motion was seconded and approved by voice vote. No member recorded opposition in the transcript.
Board members discussed clarifying Miss Willis' remote vote after the motion; Willis later confirmed she could hear and indicated her vote. Staff did not provide further detail about specific premium drivers; county staff said current estimates have been used in budget planning.
