City's Property/Liability Coverage Jumps 30% W/ "Perfect Storm"

City's Property/Liability Coverage jumps 30% w/ "Perfect Storm"

The Hays City Commission on June 12, 2025, authorized a $590,944 property/liability insurance package renewal for effective July 1, 2025-June 30, 2026. Finance Director Kim Rupp, who presented the renewal for approval, stated that the renewal cost was increased 30% increased ($136,723) more than the prior period, the result of he called “a perfect storm.” Rupp stated that the three factors which contributed to the rate increase did include overa…

SD&G liability insurance jumps 12%

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