November 8, 2016
TO: All MMIC Agents
The MMIC board of directors has voted the following effective 1-1-2017:
The MMIC board of directors has voted the following effective 1-1-2017:
Minimum blanket coverage percentage from 85% to 90% (requesting you encourage 100% of blanket inventory)
Reminder, any blanket change that the blanket coverage amount is not specified will automatically go to 100% of the inventory schedule.
Deductible factors:
$100 deductible – 1.00 (no new business)
$250 deductible – .94 (no new business)
$500 deductible – .85
$1,000 deductible – .75
$2,500 deductible – .68
$5,000 deductible – .60
$10,000 deductible – .50
Deb Geuther, PFMM
Mendota Mutual Insurance Company
mendotamutual@frontier.com
815-539-3426