Local municipalities now opting in for terrorism insurance

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OSCEOLA COUNTY, Mich. (WPBN/WGTU) -- Terrorism is something on the forefront of many of our minds lately, including our local governments.

Now, there's a way to help protect the community, should an act of terrorism happen.

LeRoy Township in Osceola County may be small, but when the option was brought up by their insurance agent about a month ago, they decided it's better to be safe than sorry.

“It’s LeRoy,” said their township clerk, Stacie Dvonch. “It's probably one in 10 million shot that anything would ever happen there, but you never know.”

LeRoy is a community with a hardware store, one stop light, and less than 2,000 people.

But when the township was offered terrorism insurance, they opted in.

“We just decided you know for a little amount of money it can cover a whole lot so we might as well go ahead and try it,” said Dvonch.

For a whole year, it only costs the township $22.

A cost they, along with several other townships in Michigan, say is worth paying.

“It is a very inexpensive endorsement,” said Principal Agent with Burnham & Flower Insurance Group, Steve Johnson. “Why? Because the odds of a terrorist attack happening in LeRoy Township or anywhere are just very nominal.”

But, it could happen. And if it did the insurance would cover any property damage caused from an act of terror.

“Say somebody hacked into our accounts and took all of our money it would cover damage to any buildings or any property that we have around the community,” said Dvonch.

It covers both domestic and foreign terrorism, and Dvonch says a recent event also made her consider this more seriously.

“Seeing what happened in Charlottesville and seeing the hurt it caused people and somebody passing away and all that kind of stuff, it just makes you think and you want to make sure you're covered in any way shape or form,” said Dvonch.

The policy is a federal backed insurance, meaning that the federal government has to declare it an act of terrorism before it would be covered under this policy.

Johnson says they cover a couple hundred townships in Michigan, and nearly half have opted in for the terrorism coverage, likely because of the small cost.

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