The Columbus dispatch., 1908-02-13
Big REDUCTION
IN INSURANCE
CcLIMRUS HAS RECENTI.N BEN
NEUTRALITY-SUSPICIOUS. UF
~ pER CENT. GRANTED.
SAVE SfO.u00 I YEAR
Reduction U-a~ >sc1--z oa Acr-Unt
80 Improved Fiss- Essaeerg5ou. ANA
Further iusrraE s-leEt~ VIII ln-
sure r. -Hf fas Erte-

sure -f fues B-tr-
Columbus has nar
raeed br rhe 1IIs- In-ae-aa
ana Advisory Rarz1e eomnarg a-d
as 3 result 81 tHe rorI- 8 seauer.a- 81
twenty per cent has aeer announced
iu local Insurance rates This eou-
pans i regularly chartered ea-uora-
ticn. organized under the aes az
Mississippi for The purpose or
fixing rates ln Ele different
cities. and practically aIl aE -ae eaI-
ponies d0ing business su lals state
absde by Its decision The reduction
is big thin2 for Columbus as 81.
means savine of about sLa-.
each year ON the Insurance rov In
force here. and wIu enable rroaer-y
owners who were heretofore unable
to carry Insurance On account ot the
excessive rates to proeeer themselves
ae Isl losses hy fires
The reduction was heaeerl aaa.-
through the efforts on the part ot rae
local insurance azeu-s and vs as=l
on receu. improvements
o8r facilities lo- HHa-ael5oa a=air=-
losses av l.e TE
ua aa- I. -sas15 and a
EilfoaaI improvement
bringing about
tu uea r...s Tssa Er-
rEH ual OF Iaullr who a
modest dwelling ana uha wants -l
keep lt insured If razs He Ular E
kueWn as --uo exposure e.-s- -E.-
is s. there is mo- other structure ui.r-
in so feet of the huIldils- le uol-l-
under The old rarinz. have heeu elu-
PEELED To pay $500 per thousand
on a three-year policy. and nov the
ratehas been reduced TO $500 Wirl
a rigid enforcement OF what Isl
known as the standard huildiIg tue
and electrical ordinance there would
be still further reduction. and the
householder would be required Co
pay a premium of only SIS-5o per
thousand on a three-year policy An
ordinance covering the requirements
of the insurance companies regard
ing the installation Of electric light
wires was adopted By the city coun-
ell several months ago. bar ID seems
that this ordinance has never been
rigidly enforced. and in order for the
above mentioned reduction 90 De- SER
cured it would be neces rs ro eu-
force the requirements OF the iusur-
struction of hues and chImueys-
These requirements stipulare than aIi
chimneys shall be made of brick from
the ground up, while il MANY build
fngs these requirements are not COM
piled with. the kitchen chimueys. ass
a general thing. being on wood f0un-
dations and connecting with tle
stove pipe ar the roof
There are other Improvements fH
the fire department and addi-louaf
protective methods which & ilar-a-
rated. would insure a further general
reduction I'M rates. hut these iu-
pr0Fements would ueee9si-afe quite
a large sum ST money. and cam larf-
ly be undertaken at any tiue in the
immediate future. There are lhree
things which would BE necessary ro
put Columbus on the list of cities o-
the first-cIass. and Thus sseure rhe
minimum rate on risks O. every char .
acter. These would b. the iusralla- .
tion OF duplicate main eonnectiuz Fl
the city with the pumping station. A
the extension OF the FIRE alarm sss-
TEN so as to include every section ot 4
the city. and the estabIlshmeut OF as 4
fire station il East Colum- f
bus These Improvements as above 4
stated. would nccessirate Ehe ourlaV f
Of a considerable sum e money and f
cannot be undertaken 5ust uow-
Columbus is growing steadily how
ever, and they win come il ume-
In a few instances rates have been
These instances. how
ever. are exceptional and the advance
was neeessitated IN every ease lE an
increase in the hazard Most Of che
property owners and the occupants
Of buildings who had their rates aa-
yanced. can secure reductions by iu-
staIling safeguards suggested hy Mr.
Carr. the representative Of the A1- Z
yisory Rating Company. Who re-rated E
the city.