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AIM Insurance Rate Changes

We want to make sure that all of our local units are aware of upcoming rate changes with AIM insurance. You will receive additional communications from AIM within the next several weeks.

Below is a list of coverages currently available to local units:

(We have noted any limits or lines of coverage experiencing an increase in cost and will take effect 1/1/2018.)

General Liability

$1,000,000 limit Option -Cost increase from $75 annually to $85

Medical Payments increased limits

No change

Media Liability

No change

Fidelity Bond

$10,000 Limit Option- Cost increase from $75 annually to $85

$25,000 Limit Option – Cost increase from $85 annually to $95

$50,000 Limit Option – Cost increase from $100 annually to $120

Property

No change

Officers Professional Liability

No change

 

Changes are effective 1/1/2018 and all renewals will go out reflecting the most current rates.  AIM will include a letter notifying each unit of changes in premium.