Ralls County R-II School District Board of Education Meeting Minutes December 2023
Board Reviews Increased 2024 MUSIC Insurance Premiums
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Description
The Board reviewed the 2024 property, liability, workers’ compensation, and related insurance assessment from MUSIC, increasing the district’s total premium from $136,429 in 2023 to $188,242 in 2024. The increase reflects higher property claims across member districts and is MUSIC’s first rate increase in nearly 20 years.
Contract Details
Contract Amount
$188,242 (2024 total assessment)
Vendor
MUSIC (MISSOURI UNITED SCHOOL INSURANCE COUNCIL)
Agency
Ralls County R-II School District, MO
Contract Type
INSURANCE
Document Date
December 13, 2023
Contract Term
Calendar year 2024
Renewal Date
2024-12-31
Renewal Info
2024 insurance assessment presented as a renewal update with increased rates; no explicit approval vote recorded in these minutes.
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