Minto insurance rates drop 2.6% for 2008

Lower insurance rates for 2008 is a bit of good News for council here.
As Frank Cowan Company Limited regional manager Steve Smith, and Larry Grum­met Insurance Broker Ltd. representative Randy Ruetz, re­viewed the 2008 municipal insurance program for the town of Minto, Mayor David An­derson commented “I see you are bringing good tidings.”
Smith said the big difference between last year’s report and this year is the rates are down 2.6% – a savings of roughly $4,500. And, he said, even with the discount, the company was able to provide enhanced coverage to the municipality to provide the equivalent of $2-million in additional coverage.
Council quickly endorsed the renewal of its coverage from March 2008 to March 2009 for $167.989 plus tax.