New York State municipalities operate on many different budget cycles and PERMA offers a policy cycle to fit each one.

While most PERMA members have common renewal dates (January 1, June 1, and July 1), PERMA has no restrictions on policy effective dates. Members can start their policy any month of the year, and the policy can run for as many months as needed.

Members: Does your policy renew in July, but your fiscal budget begins in January? PERMA can quote you six-month and 18-month policies. Does your policy renew in June, but the rest of your insurance policies renew in September? PERMA can extend your current policy by three months. Maybe you want to renew your policy at a date off your budget cycle, or you need to wait until tax revenue is received – PERMA can help.

PERMA is committed to easing the financial burden on its members by considering and accommodating as many policy requests as possible. You can contact your underwriter or member services representative for more information.