Published: November 15, 2020
Learn about property, crime, and petrofund coverage offered by the League of Minnesota Cities Insurance Trust (LMCIT). Discussion includes builder’s risk coverage and property coverage options for bond, flood, equipment breakdown, and municipal electric utilities. Understand coverage limits, LMCIT’s property appraisal program, and schedule of property to identify at renewal and midterm. Includes information on filing a property claim.
- Bond Coverage Checklist, LMC model form (doc)
- Suggested Minimum Amounts of Bond Coverage – chart (pdf)