Riviera ISD approves McGriff windstorm and property renewal, adds wind-driven rain cover

Riviera ISD trustees voted Feb. 18 to renew the district's windstorm and property insurance with McGriff Insurance and to add an optional wind-driven rain endorsement.

Ben Odom of McGriff presented the renewal, saying the proposed premium is $310,000, down from $342,537 last year and well under the district's $370,000 budget for the line item. He outlined several coverage improvements, including a 125% margin clause (a 25% buffer above scheduled property values), increased equipment/uniforms/instruments coverage from $100,000 to $500,000, course-of-construction coverage to $1,000,000, and extension of newly acquired property coverage from 30 to 90 days. The standard deductible was lowered from $100,000 to $25,000, and the wind/hail deductible was revised from 3% per location to 3% per building.

Trustee Becky Gutierrez moved to approve the renewal and include the optional endorsement; the motion, seconded by Michael Valenzuela, passed 6–0 with one absence. Gutierrez stated, “I make a motion that we approve the Windstorm, Property and casualty Insurance contract with McGriff Insurance with the additional $7000 for the Wind Driven Rain Coverage.”

The optional endorsement provides $100,000 in coverage for instances where interior water damage occurs without identifiable exterior damage—situations that could otherwise lead to claim denials. Administration noted the endorsement fits within the current budget and recommended inclusion to reduce exposure for potentially denied interior-water claims.

The board's vote formalizes the renewal and the district's acceptance of the identified coverage improvements and deductible changes.