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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.
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Recommendation
Approval.
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Contact Mr. Dawoud Stevenson, Sr. Director, Program Management. |
Financial Impact Expenditure of $1,137,759 from Savannah Airport Commission Funds. |
Review Comments
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Attachments
No attachments available
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