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LMCIT Property Crime Bond and Petrofund Coverage Guide
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See accompanying model form below.
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.
Use this model form with the discussion in the “LMCIT Property, Crime, Bond and Petrofund Coverage Guide”:
Bond Coverage Checklist, LMC model form (doc)
