[SchoolFinance] Insurance
Krol, Gabrielle
gabrielle.krol at msad52.org
Fri Feb 6 14:54:19 EST 2026
Thank you!
On Fri, Feb 6, 2026 at 11:45 AM Barbara Grindle <barbara.grindle at rsu34.org>
wrote:
> We had the same experience Hollis. They under-bid MSMA so the first year
> was cheaper but have gone up each year since. We've had some minor
> additions throughout those years but also took off a small school this
> year. I've asked for an estimate for my budget for next year and they
> said it would be around 10%. I will be going out to bid next year.
>
> Good luck.
>
> Barb
>
>
> Fiscal Year Carrier Premium $ Increase % Increase
> 2026 Cross/Liberty Mutual $ 129,485.00 $
> 16,454.00 14%
> 2025 Cross/Liberty Mutual $ 113,031.00 $
> 14,251.00 14%
> 2024 Cross/Liberty Mutual $ 98,780.00 $
> 21,164.00 27%
> 2023 Cross/Liberty Mutual $ 77,616.00 $
> -16,706.00 -21%
> 2022 MSMA $ 94,322.00
>
>
>
>
>
>
>
> On Fri, Feb 6, 2026 at 11:25 AM Krol, Gabrielle <gabrielle.krol at msad52.org>
> wrote:
>
>> This is AMAZING information and quite helpful.
>>
>> On Fri, Feb 6, 2026 at 11:23 AM Hollis Cobb <
>> hollis.cobb at gorhamschools.org> wrote:
>>
>>> Hello,
>>>
>>> Gorham changed from MMA to Cross Insurance/Liberty Mutual in 2018 and
>>> have seen pretty significant increases ever since. I noted two years
>>> with large increases due to additional square footage through a school
>>> expansion project.
>>>
>>> One of the things I miss the most is MMA always held the premium rate
>>> during a year, even if we added insured value during the year. They would
>>> adjust for it in the next year, but never in the middle of the year. That
>>> is not the case now as I get adjustment invoices throughout the year when a
>>> change is made. Good luck, I hope this helps.
>>>
>>>
>>> Fiscal Year Carrier Premium $ Increase % Increase
>>> 2026 Cross/Liberty Mutual $ 269,428.00 $
>>> 14,582.00 6%
>>> 2025 Cross/Liberty Mutual $ 254,846.00 $
>>> 43,319.00 20% *Elementary school expansion
>>> 2024 Cross/Liberty Mutual $ 211,527.00 $
>>> 58,116.00 38% *Elementary school expansion
>>> 2023 Cross/Liberty Mutual $ 153,411.00 $
>>> 25,832.00 20%
>>> 2022 Cross/Liberty Mutual $ 127,579.00 $
>>> 23,703.00 23%
>>> 2021 Cross/Liberty Mutual $ 103,876.00 $
>>> 13,317.00 15%
>>> 2020 Cross/Liberty Mutual $ 90,559.00 $
>>> 3,716.00 4%
>>> 2019 Cross/Liberty Mutual $ 86,843.00 $
>>> 19,843.00 30%
>>> 2018 MMA $ 67,000.00
>>>
>>> Cumulative 9 year increase $202,428.00 302%
>>>
>>> The numbers speak for themselves. Good luck, I hope this helps!
>>>
>>> Hollis Cobb, Business Manager
>>> Gorham School Department
>>> 75 South Street, Suite #2
>>> Gorham, ME 04038
>>> 207-222-1003
>>>
>>>
>>> On Fri, Feb 6, 2026 at 10:04 AM Krol, Gabrielle <
>>> gabrielle.krol at msad52.org> wrote:
>>>
>>>> Good Morning,
>>>>
>>>> I am sending this out one more time in hopes of getting a few more
>>>> responses for information to take back to my board.
>>>>
>>>> Our board is interested in understanding which districts have switched
>>>> from or to MSMA for insurance over the last several years and what the
>>>> increase or decrease in your premiums has been as a result. They are
>>>> interested in learning that if the change has resulted in lower costs
>>>> regardless of the company you have switched to/from. Also, any pros/cons
>>>> you are willing to share.
>>>>
>>>> I am hoping to get the name of your carrier and what that overall
>>>> increase/decrease was.
>>>>
>>>> Hope everyone has a wonderful weekend!
>>>>
>>>> On Tue, Jan 27, 2026 at 7:41 AM Krol, Gabrielle <
>>>> gabrielle.krol at msad52.org> wrote:
>>>>
>>>>> Good Afternoon,
>>>>>
>>>>> Our board is interested in understanding which districts have switched
>>>>> from or to MSMA for insurance over the last several years and what the
>>>>> increase or decrease in your premiums has been as a result. They are
>>>>> interested in learning that if the change has resulted in lower costs
>>>>> regardless of the company you have switched to/from. Also, any pros/cons
>>>>> you are willing to share.
>>>>>
>>>>> I am hoping to get the name of your carrier and what that overall
>>>>> increase/decrease was.
>>>>>
>>>>> I appreciate your time with this- insurance is a heavy lift for our
>>>>> districts and the time it takes to go to bid is quite a commitment.
>>>>>
>>>>> We have been extremely happy with our insurance with MSMA, however the
>>>>> board does not work directly with them so they want to make sure the cost
>>>>> is appropriate.
>>>>>
>>>>> Thanks so much!
>>>>> Gabby
>>>>>
>>>>>
>>>>> --
>>>>> Gabrielle Krol
>>>>> Business Manager
>>>>> MSAD 52
>>>>> 486 Turner Center Road
>>>>> Turner, ME 04282
>>>>> 207-225-1006
>>>>>
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>
>
>
> --
> Business Manager
> RSU#34
> Alton, Bradley and Old Town
> 207-827-7171 x 3
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