{"id":352177,"date":"2026-06-27T01:07:15","date_gmt":"2026-06-27T01:07:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/352177\/"},"modified":"2026-06-27T01:07:15","modified_gmt":"2026-06-27T01:07:15","slug":"alvin-isd-trustees-approve-lower-property-insurance-rate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/352177\/","title":{"rendered":"Alvin ISD trustees approve lower property insurance rate"},"content":{"rendered":"<p>\t\t\t\t\t\t\tAlvin ISD\u2019s <a href=\"https:\/\/communityimpact.com\/houston\/pearland-friendswood-manvel\/education\/2026\/06\/12\/alvin-isd-names-elementary-junior-high-campuses-after-district-leaders\/\" rel=\"nofollow noopener\" target=\"_blank\">board of trustees<\/a> approved a property insurance premium cost of over $5.4 million at its <a href=\"https:\/\/communityimpact.com\/houston\/pearland-friendswood-manvel\/education\/2026\/06\/24\/alvin-isd-welcomes-new-district-leaders-assistant-principals\/\" rel=\"nofollow noopener\" target=\"_blank\">June 23 meeting<\/a>.<\/p>\n<p>The new cost has dipped by nearly $430,000 compared to the rate approved for the 2025-26 fiscal year.<\/p>\n<p>The gist<\/p>\n<p>This premium reduction is largely due to a $0.015, or 5.5% decrease in the property insurance rate, according to district documents.<\/p>\n<p><a href=\"https:\/\/communityimpact.com\/houston\/pearland-friendswood-manvel\/education\/2026\/06\/11\/alvin-isd-trustees-approve-flat-budget-for-fy-2026-27\/\" rel=\"nofollow noopener\" target=\"_blank\">The district\u2019s<\/a> total insured values, or TIV, is over $2.14 billion, which is a decrease of last year\u2019s TIV of over $2.16 billion, according to district documents.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/06\/1782522435_437_thumbnail.jpeg\" width=\"100%\" alt=\"chart visualization\"\/>Diving in deeper<\/p>\n<p>District documents note the rate adjustment and enhanced benefits are attributed to a \u201csoftening global reinsurance market and increased carrier capacity in coastal regions.\u201d<\/p>\n<p><a href=\"https:\/\/communityimpact.com\/houston\/pearland-friendswood-manvel\/education\/2026\/06\/09\/local-school-districts-prepare-students-for-future-health-science-careers\/\" rel=\"nofollow noopener\" target=\"_blank\">The district<\/a> was also able to lower the named storm deductible to 3%, as it was previously 5% for the 2025-26 fiscal year, according to district documents.<\/p>\n<p>&#8220;&gt;<\/p>\n","protected":false},"excerpt":{"rendered":"Alvin ISD\u2019s board of trustees approved a property insurance premium cost of over $5.4 million at its June&hellip;\n","protected":false},"author":2,"featured_media":352178,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[109439,123721,123722,125483,125482,56,58,57],"class_list":["post-352177","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-alvin-isd","tag-alvin-isd-board-of-trustees","tag-alvin-isd-property-insurance","tag-alvin-isd-property-insurance-rates","tag-alvin-isd-school-board","tag-houston","tag-houston-headlines","tag-houston-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/352177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=352177"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/352177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/352178"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=352177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=352177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=352177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}