Michigan Basic Property Insurance Association

Farmington Hills, MI   |  www.mbpia.com

Mission

The mission of Michigan Basic Property Insurance Association is to provide prompt, courteous, and efficient service to our customers; be aware of the responsibility we have to our member companies and policyholders to utilize resources effectively; provide a work environment that recognizes creativity and promotes teamwork; and be sensitive to the needs of the community.

Ruling year info

1970

Principal Officer

D Jane Howard-Carlson

Main address

27555 Farmington Rd Ste 315

Farmington Hills, MI 48334 United States

EIN

38-1956049

NTEE code info

Insurance Providers/Services (other than Health) (Y20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

What we aim to solve

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Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The issuance of basic property insurance and home property insurance policies is the sole business related activity of the association. Generally, the policies are issued for high-risk insurers. Member property insurance companies participate collectively through their mandatory membership in the association. Assessments, paid to the association by member companies, are covered through adjustments to the rates for the voluntary market.

Expenses
$10,878,766
Revenue
$11,606,046

Where we work

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Financials

Michigan Basic Property Insurance Association
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Operations

The people, governance practices, and partners that make the organization tick.

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This organization has no recorded board members.