The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1902-11-13
A GREAT CORPORATION
The Progress Of the Home Insurance
Company of New York.

There is no better proof of the
greatness, wealth and resources of this
country than a contemplation OF the
aggregate fire losses for a period OF
t%wenty-one years, the figures footing
up the enormous sum of 81, 1913, 237,-
GIL. The losses during the past five
years approximates the sum of $780,
600, 900, and the statistics for 1901
shows that fire losses in the United
States and Canada were S137, 773, 200,
and the greater part of this was in
the United States, of course. What
other nation can stand a drain of such
loss as the above figures represent?
This is indeed a startling showing, for
it is an increase of $17, 600, 900 over
the losses in the United States and
Canada for the year previous.
The Home Insurance company, of
New York, Incorporated in 1853, is
today one of the largest and strongest
insurance companies in the United
States, its capital being So, 900, 900
and assets SIS, 255, $50.
AS the Home was well born, and
had a correct start on the voyage of
life, it has had uniformly prosperous
career, developing steadily, and today
is recognized as not only one of the
great financial institutions Of Amer
lea, but n of the greatest fire in
surance companies of the world, and
in respect to solidity as well as to sub-
stantial benefits to policy-holders alb
solutely n of the very best fire insur-
ance companies 10 existence. Its large
and increased assets and prompt and
and liberal adjustments makes the
Home a favOrite wherever Intelligent.
ly presented to the insuring public.
While the first six months of 1899
were most severe on account Of the
heaviest losses that fire insurance COM
panies had experienced for many years,
yet owing to the quality and increas-
ed valuation of the Home Insurance
Company'S securities, the assets of
this company increased about $780,
900 and its net surplus about 800, 600.
This was a wonderful showing, and
demonstrated what its agents claim
for it-one of the best financially man.
aged institutions in the world.
1t does an immense village and farm
insurance business, writing a more lit-
eral policy on farm property than any
other company. It's policies are is
sued upon the cash, single note and
installment plan. 1t has stricken out
of its original policies the 60 days set
Element clause, and has concentrated
its ad juSting agents So as TO make set
Element Immediately on proof of loss.
1t is today n of the few companie,
writing a general business in Indiana
that is, its agents are accepting
freely lines upon the better classes of
farm and village business and similar
risks situated outside the limits CT fire
protection. 1t wants only legitimate
insurers of the better class, whom its
agents a feel will fulfill every repre-
s~entation made to the company. Hence
farmers inSuring in the Home InSur-
ance Company do not thereby incum-
Der their property or make themselves
liable for the losses of others. 1t in
sures against fire, lightning, wind
stoi ms and tornadoes.
The Home has paid losses since it
commenced business, amounting to
$50, 0O0, 900. and it paid the second
largest loss in the great Chicago fire
of 1871, which was So. $50, 900, and a
year later paid immense losses in the
great Boston fire. Remaining in the
field it soon reaped a rich reward.
The Homes SIS, 900, 900 assets and
s 1000, 600 surplus not only prepares
it to carry your fire policy but enables
it to protect your property against
loss or damage from the dreaded
cyclone.
The Home also makes a speciality
of inSuring dwelling houses or homes,
employing prompt and liberal adjust
erS, SO that the loser by fire does not
have to wait an indefinite time, for
his insurance, the loss being ad juSted
at once. This feature has done no
little to make the Home popular with
householders.
Its prompt adjustment of claims
made by policy holders, and its stabili-
ty and liberality have made the Home
popular in every state in the union,
and it is represented in all cities and
villages in the United States by
agents and solicitors who are among
the best men in the community.
While its security is ample its rates
are reasonable.
The Homes insurance in Plymouth
is about $3.50, 900, and in addition to
this in inSuroS ahont o5 nor cont of all