County insurance replacement-values spike; commissioners told building coverage could rise about 10%
Staff reported insurer Mako updated replacement-cost estimates, increasing total covered building values by nearly $1 million; commissioners discussed using 'stated value' for some structures, adjusting contents limits, and requested department heads provide updated inventories by January.
The full story
County staff briefed commissioners on a large increase in insurer replacement-cost estimates that will raise building covered values and likely increase the county’s insurance bill.
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