MMIC 2017 Changes (11/8/16)

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

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