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Madison County approves property and liability insurance renewal with lower deductible
Summary
After discussion of two renewal options and recent claims history, commissioners approved an Interlocal Risk Management Agency renewal using the option that lowers the deductible to $5,000, increasing the premium by roughly $15,000 compared with the higher‑deductible option.
Madison County commissioners approved the countys property and liability insurance renewal with the Interlocal Risk Management Agency, choosing the option that reduces the county deductible in exchange for a higher premium.
Staff presented two renewal options: Option 1 (higher deductible, lower premium) and Option 2 (lower deductible, higher…
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