Summary
McKinney is shifting to a commercial-grade self-funded property insurance program to secure better coverage for its $675 million in municipal assets. This move addresses limitations in previous coverage and provides higher limits for wind, hail, and airport liabilities.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 1, 2026.
Impact analysis
Involves approximately $1.3 million in annual premium costs with a $2.85 million deductible retention.
City taxpayers and municipal facilities receive more robust protection against catastrophic property losses.
Mentions & discussions (1)
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