On May 25, 1867, a small group of men met under a large tree in Flint River Township and formed the German Mutual Aid Association. This was the beginning of what is now DMC Mutual Insurance Association.
Today, DMC Mutual is chartered to write insurance in 30 counties in Southeast Iowa. We write policies for home and farm as well as rented dwellings and tenant policies. We have over 5,000 policies in force with a total insurance coverage of $1,300,000,000. Through cooperation with Grinnell Mutual Reinsurance Company we offer auto/home discounts for those that are eligible.
As with all Mutual Insurances, we have a Board of Directors that are elected by our policy holders. Elections are held each year at the Annual Meeting to fill those spots up for re-election. Papers must be filed 30 days prior to the Annual Meeting to be eligible for election.