The council then voted 4-0 to approve a contract with Travelers Insurance for the city's commercial insurance policy in the amount of $165,428.
Historical recordDemorestarchived · approved
Demorest City Council approves Travelers Insurance contract for commercial coverage
The city's commercial insurance renewal, approved at a lower cost than the prior insurer, covers city operations for the coming policy period.
At a glance
What this means now
The story
Demorest City Council placed the city's commercial insurance policy renewal on its Feb. 3, 2026 work session and regular session agendas for discussion and consideration.
At the work session, staff compared quotes from the two insurers: renewing with Tokyo Marine would have cost $187,000, while Travelers Insurance quoted $165,000. Jimbo recommended Travelers because of the cost savings.
The council then voted 4-0 to approve a contract with Travelers Insurance for the city's commercial insurance policy in the amount of $165,428.
What happened
How this issue got here
Open any step for its supporting record. A proposal remains labeled as proposed until later evidence establishes an outcome.
Appeared on agendaproposedCommercial insurance policy renewal
DISCUSSION OF COMMERCIAL INSURANCE POLICY RENEWAL MARK/JIMBO FLOYD TAB 1
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Commercial insurance policy renewal
DISCUSSION OF COMMERCIAL INSURANCE POLICY RENEWAL MARK/JIMBO FLOYD TAB 1
ApprovedconfirmedCommercial insurance policy renewal with Travelers Insurance
contract with Traveler Insurance for our commercial insurance policy in the amount of $165,428
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Commercial insurance policy renewal with Travelers Insurance
contract with Traveler Insurance for our commercial insurance policy in the amount of $165,428
DiscusseddiscussedCommercial insurance policy renewal (Tokyo Marine vs. Travelers)
renewing with Tokyo Marine would cost $187,000, while Travelers Insurance quoted $165,000. Jimbo recommends Travelers due to the cost savings
+
Commercial insurance policy renewal (Tokyo Marine vs. Travelers)
renewing with Tokyo Marine would cost $187,000, while Travelers Insurance quoted $165,000. Jimbo recommends Travelers due to the cost savings
Appeared on agendaproposedCommercial insurance policy renewal
CONSIDERATION OF COMMERCIAL INSURANCE POLICY RENEWAL TAB 1
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Commercial insurance policy renewal
CONSIDERATION OF COMMERCIAL INSURANCE POLICY RENEWAL TAB 1
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