The existing insurance policy for the Town of North Judson will be receiving a thorough assessment, following a decision made by town council members Monday night.
Representatives from ONI Risk Partners provided a presentation to the town council, alerting them of a cost-free opportunity where they take a look at the town’s existing property and liability insurance and compare it to other programs that are offered.
They emphasized that they won’t push their policy if it isn’t the best fit for the town and explained that the purpose of their assessment is to find strengths and weaknesses within the existing policy to help the town officials identify areas where they may not be getting the most cost-effective option available.
Council President Wendy Hoppe mentioned that the town’s policy will be up at the start of next year. The representatives were asked about how long the process would take. They noted that in order to do a full assessment and comparison it could take anywhere from 90 to 120 days.
Since the assessment would be provided at no cost to the town, the members agreed that the sooner the process starts, the better. They cast a unanimous vote to allow the company to do their assessment. The representatives noted that they’ll be in contact with Clerk-Treasurer Andrew Rowe to work out the details so they can begin as soon as possible.
