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Insurance report: switch cyber coverage to Lloyd’s recommended; court accepts report
Summary
County insurance agent recommended staying with TAC for most coverage but moving cyber insurance to a Lloyd's program offering higher limits and a lower deductible and saving about $1,300; commissioners accepted the report and asked staff to supply a vehicle inventory comparison.
County insurance agent Steve Lapp told the court the recommended renewal package for 07/01/2025–06/30/2026 is to retain TAC for most coverage but move cyber insurance to a Lloyd’s program that would double cyber limits while costing roughly $1,300 less and lowering the deductible to $25,000 from $100,000.
"We're recommending all TAC except the cyber insurance...We're getting double the limits on cyber for about $1,300 less," Lapp said, and noted the county insures roughly $377,000,000 in property value. Commissioners pressed for details about a net vehicle count increase (from 227 to 240) that contributed to premium changes; staff agreed to provide a vehicle‑by‑vehicle comparison to explain the net difference. The court accepted the insurance report and authorized staff to proceed with the recommended cyber option as presented by staff (vote 5–0).
