Mako risk pool presentation: Treasure County sees net 8.7% decrease in property/casualty renewal; officials urged to update vehicle and tool inventories
Mako's property-casualty trust administrator told commissioners the county's renewal shows an 8.74% net decrease driven by lower liability experience; presenters urged updating vehicle values and documenting shop tools to avoid overinsurance and to use pooled risk-management services.
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Hope Barker, the property-casualty trust administrator for the county's pool, presented the county's insurance renewal at the May 20 meeting and described why the county's overall premium fell by approximately 8.7% despite an increase in insured property value.
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