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March 26, 2026 City Council Regular Meeting
Title
32. Approval of the 2026-2027 Airport Liability Insurance Program with Sterling Seacrest Pritchard, Inc., in the Amount of $1,137,759.
Strategic Priority
N/A
Description

Sterling Seacrest Pritchard, Inc. solicited quotes and has made the recommendation to bind coverage and renew the expiring 11 insurance policies and 3 bond coverages the Commission has carried in previous years. We have several discounted multi-year policies that are not due for renewal this year, and our property insurance will run through July 2026. This total represents a 6% increase over these same policies in last year’s insurance program, mostly due to increasing our total General Liability limit from $250M to $350M, increases in our headcount/payroll, and additional vehicle and equipment purchases.

Recommendation

Approval.

Contact
Mr. Dawoud Stevenson, Sr. Director, Program Management.
Financial Impact
Expenditure of $1,137,759 from Savannah Airport Commission Funds.
Review Comments
Attachments

No attachments available

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