Commercial Automobile Liability Insurance

The Schenectady Municipal Housing Authority is seeking one licensed insurance agent to provide commercial automobile liability coverage for its owned, hired, and non-owned vehicles, including excess auto liability coverage, for a one-year term.

Schenectady Municipal Housing Authority


General
Open
2026-02
Oct 30, 2026 06:00 PM
Oct 07, 2026 04:00 AM
1 year
Invitation for/to Bid (IFB/ITB)
Local
Ask AI about this solicitation
Contact
stama@smha1.org
+15183867022
375 Broadway, Schenectady, NY, USA
Submission Instructions
Mail
Schenectady Municipal Housing Authority, 375 Broadway, Schenectady, NY 12305
Description

The Schenectady Municipal Housing Authority is soliciting bids from one licensed insurance agent or broker to obtain commercial automobile liability insurance for the Authority's owned, hired, and non-owned vehicles. Required coverage includes a $1,000,000 combined single limit, $50,000 uninsured or underinsured motorist coverage, and a $2,000,000 excess auto liability policy. The policy must name the Authority and specified personnel as insureds and include required cancellation-notice and semiannual loss-run provisions. The contract is a firm-fixed-price agreement for one year beginning December 1, 2026, with premiums payable annually. Bidders must use the provided bid price form and quote owned automobile, non-owned automobile, excess auto, and total annual premium amounts. The selected insurer must be authorized in New York and meet specified financial-rating requirements; the agent or broker must also be licensed or authorized in New York. Bids are evaluated on the lowest total annual premium. Addendum #1 replaces Attachment C, Currently Valued Loss Runs, with updated loss-run information covering the Authority's automobile insurance history.

Classification Codes
NAICS524210Insurance Agencies and Brokerages
PSCR497Personal Services Contracts
Smart Codes
commercial auto insuranceinsurance brokerageliability insurance
Specifications
Service Only
Timeline
Oct 7, 2026-Publication Date
Oct 20, 2026 06:00 PM-Questions Due Date
Oct 30, 2026 06:00 PM-Bid Submission Deadline
Requirements
Required
  • Workers Compensation
  • Employer's Liability — $1,000,000.00
  • Commercial General Liability — $1,000,000.00
  • Business Automobile Liability — $500,000.00
Required
Documents
TitleDate Posted
Commercial Automobile Liability Insurance.pdfOct 06, 2026 07:17 PM
Addendum #1.pdfOct 08, 2026 07:31 PM
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