IN Bulletin 104
Mine Subsidence Insurance Premium Rate Table
Bulletin 104
MINE SUBSIDENCE INSURANCE PREMIUM RATE TABLE
May 21, 2001
This Bulletin is directed to all insurance companies writing property and casualty insurance in the
state of Indiana. Pursuant to PL 182-2001., Indiana Mine Subsidence coverage shall be offered to all new
insureds in the eligible Counties. Coverage amounts shall increase from a maximum of one hundred
thousand dollars ($100,000) to an available maximum of two hundred thousand dollars ($200,000). A
one-time notice of this increase must be sent to all existing mine subsidence policyholders. Effective July
1, 2001, the premium amounts are as follows:
DWELLINGS
COVERAGE AMOUNT
NEW PREMIUM
$0 to $25,000
$24.00
$25,001 to $40,000
$30.00
$40,001 to $60,000
$36.00
$60,001 to $75,000
$42.00
$75,001 to $100,000
$60.00
$100,001 to $125,000
$80.00
$125,000 to $150,000
$99.00
$150,001 to $175,000
$120.00
$175,001 to $200,000
$139.00
NON-DWELLING
COVERAGE AMOUNT
NEW PREMIUM
$0 to $25,000
$42.00
$25,001 to $35,000
$48.00
$35,001 to $45,000
$54.00
$45,001 to $55,000
$60.00
$55,001 to $65,000
$66.00
$65,001 to $75,000
$72.00
$75,001 to $85,000
$75.00
$85,000 to $100,000
$90.00
$100,001 to $125,000
$115.00
$125,001 to $150,000
$139.00
$150,001 to $175,000
$159.00
$175,001 to $200,000
$179.00
Indiana Department of Insurance
Sally McCarty, Commissioner