Donegal Insurance Group (DGICA) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$25
Maximum purchase			$12,000
Fees
Account Setup Fee			None
Automatic investment Fee			$2.00
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$15
Company Web Site			http://www.donegalgroup.com
Additional Plan Information			Agent Site

Donegal Insurance Group DRIP Details:
Donegal Insurance Group is a group of property and casualty insurance companies including Atlantic States Insurance Company, Southern Insurance Company of Virginia, Le Mars Insurance Company, Peninsula Insurance Company, Sheboygan Falls Insurance Company, and Southern Mutual Insurance Company. The Donegal Insurance Group Dividend Reinvestment Plan offers a poor holding vehicle for your Donegal investment as it requires shares to enroll. For investors without Donegal shares a low cost brokerage such as Sharebuilder will be lowest cost holding vehicle for your DGICA investment.
Pros:
No dividend reinvestment fees
No investment fees
Cons:
Requires 1 share to enroll