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Harbor Beach seeks other bids, considers higher deductible on liability insurance
Summary
Council reviewed the MML Liability and Property Pool insurance proposal and requested that staff obtain pricing from other companies and explore raising the deductible to reduce premiums.
Council discussed the MML Liability and Property Pool insurance proposal and asked staff to seek pricing from other companies and consider raising the deductible. The minutes record that Council "would like to see pricing from other companies and raise the deductible."
No specific carriers, premium amounts, or deductible figures were recorded in the minutes; the discussion was recorded as direction to obtain comparative pricing and return with options for Council consideration.
