Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1903-03-21
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Conducted by J. W.DARROW, =.
Press Cor1espondent Nesp Yor1e State
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GRANGE FIRE INSURANCE.
Some Statistics Relative to This Fea-
ture of Grange Work.

some Statistics Relative to This Fea-
ture of Grange Work.
While there are financial benefits &C.
cruing to members Of the grange, these
are not set forth as inducements to Sc
cure membership. However, some facts
concerning grange fire insurance are
worthy of consideration. In Michigan
thirty counties of the state are organ
ICED under county and district plans
and also company covering all terri
tory not otherwise organized. The ag-
gregate value Of farm properties car
ried by these companies is about $1O,-
100000. The average annual cost of
insurance upon each $1,000 is not far
from 81. Pennsylvania has eight
grange mutual fire insurance companies
carrying risks aggregating over $751;
100000. Some Of these companies have
been doing business more than a quar-
ter of century. The aggregate cost
has been about one-half of what the
same class of risks costs in other CON-
panies. In Maine, with almost $6,O0O,-
600 in risks, the fire losses of 1902 in
the Androscoggin Patrons company
amounted to only $4,000, and the aver
age assessment on $1,000 for seven
years, ending Dec. 81, 1902, was only
50. The Oxford County (Me.) Patrons
Insurance company carries $1,774,328
at an average cost per year for twenty
six years of $500 per $1,000.
In New York state the risks carried
by grange insurance companies is, for
1901, last report published, SOS, 225, 600.
Losses were 100000, or $3.50 per ST.
600, and expenses $4,000, or 40 cents
per $1,000. Cost of insurance per ST.
600 was $3.50. There were twenty
three companies reporting. In the JET
ferson and Lewis county Patrons Fire
Relief association New York state risks
amount to SIC, 1903, and with losses
for the year much above the average
the cost of insurance was only $1.81
on each $1,000. In Herkimer county
the grange insurance in force Jan. /,
1908, was $2,51S,780. In Steuben and
Livingston counties association policies
In force Jan. l amounted to $3,17O,30O
and cost to the insured for three years
past has been only 531a cents per 81 900.
The Columbia and Duchess associa-
ton carries $3,1S4,OOO in risks, of which
amount 81 ,O6O,S6O was written in 1902,
and the total cost to the insured for
five years was 1854 per ST 900, or about
IS cents per year per 81 900. The Cat
taraugus county association wrote
100000 insurance in 1902 and has over
100000 In force.
The. Ohio Changers Mutual Insur-
ance company has been in operation
twenty-three years. There are now
1886 policies in force, the amount of
the insurance being $3,1OO.616. There
have been twenty-one assessments for
1856 losses during the twenty-three
years, and the average cost of insur-
ance per year has been 81 .43 per 81 ,0OO
In Massachusetts, the grange COM
panies wrote $4O7 ,6OS insurance in 1902
and total risks are $755,36S. Receipts
for premiums were $3,272, while the
losses were only $3.50. This is a re.
markable showing, for while good for.
tune has certainly attended the com,
pany it is also evidence of carefully
selected risks.
Herein lies one of the chief reasons
for the excellent showing made by
grange insurance companies-care in
selection Of risks, then economy Of adj
mtnistrati0n and careful supervision.