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Mound Prairie Mutual
Insurance Company will strive to provide quality insurance products to
our member policyholders and continue to provide a stabilizing effect
for the rural insurance market. |
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Explanation of Mission
Statement |
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To strive - try very hard, struggle, make great efforts.
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To provide - make
available to our area through good qualified, and
knowledgeable agents.
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Quality -
excellence, superior and innovative, “state of the art” products and
services.
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members of:
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* Minnesota Association of Farm Mutual Insurance
Companies (MAFMIC)
* National Association of
Mutual Insurance Companies (NAMIC)
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Agents 
Residents of Houston and Winona counties founded Mound Prairie Mutual Insurance Company in March 1884. The company operated as a fire company for many years. Eventually other perils were added to the policy, as they were needed. In 1937 the company became licensed as a “Township Mutual”, operating under Statute Chapter 67A. In 1947 the company contracted for reinsurance with Grinnell Mutual Reinsurance Company of Iowa. Grinnell remains our re-insurer today. The company operated as a Township Mutual until July of 1996, when it received a license to operate under Statutes 60A as a “Statewide” mutual. Mound Prairie Mutual was the first Township mutual to convert to statewide status in the state. As a statewide mutual, Mound Prairie can offer a full line of property coverage's for the farm and home market. In the early years, the office was located in the company Secretary’s home. In 1955 a permanent office was established in Houston MN. A new office building was constructed in 1992 on the main street of that city. The company serves the southeast region of Minnesota