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<br />· Here are a couple other ways to think of that additional cost: It would be equivalent to about <br />a 15% increase in total property premiums, or about a 5% increase in total property/casualty <br />premmms. <br /> <br />· Paying a 35% property premium surcharge to LMCIT would be far cheaper than buying an <br />NFIP flood insurance policy - in the range of 5~ 15% of what the NFIP premium would be. <br /> <br />· Remember - both the flood coverage and the charge would probably have to be mandatory <br />for all LMCIT members in order for this kind of flood insurance program to be feasible. <br /> <br />Please give call or e-mail us with your thoughts. We can't stress enough how important <br />member feedback is to the Board's consideration of flood coverage. The LMCIT Board <br />will be coming back to this issue early next year, so we'd like to hear from as many <br />members as possible as soon as possible. <br /> <br />Contact any of the following with your comments or questions: <br /> <br />Pete Tritz, 651-281-1265, ptritz@lmnc.org <br /> <br />Ann Gergen, 651-281-1291, agergen@lmnc.org <br /> <br />Mike Wozniak, 651-215-4090, mwozniak@lmnc.org <br />