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- Reduced costs due to MVRMA's large SIR & tax exempt status.
- Extensive internal control over claims settlement and all litigation matters.
- Greatly enhanced insurance coverage.
- Significantly reduced administrative overhead costs.
- Reduced costs due to economies of scale from group purchase of excess insurance and minimization of agent/broker commissions.
- Enhanced control over service providers
- Additional savings since investment income of loss fund is retained by MVRMA members rather than an insurance company.
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