The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-08-14

,,,.0hilc theft Insurance? That de-
,,rds upon the make Of the car
!blt Us TO be insured, the number Of
,r.n that have been sold, and the
,ars age 1t differs from fire in
s,rqnco in that the fire rate is de-
,,rwluod almost wholly by the age
~ .hc car. Insurance companies
have kept an accurate check on the
sTf1nobile industry. They know,
o. 5nes the ordinary observer, which
n,arufacturcrs have turned out the
.,.afest number OF automobiles.
nov know that an automobile thief
r.arly always selects a car Of COM
r..u make because II is less easily
Affected and not 80 likely to arouse
su-,igiun Of officers as one OF a
ma ke that is less common.
THE same reasoning applies II an
.,..cr has been told to be on the
loukout FOR particular car, 1t is not
an easy matter for him to examine
!. ,hs numbers on every Ford he sees,
whether he conducts his invest ga-
zion among the cars That are park
"a On a downtown street. or If ne is
stopping every Ford that passes
along "a certain street or road. 1t is
mo-. 80 difficult or so arduous task
f.r him to examine or stop every
pi,~cc-Arrow he sees because of
their comparative scarcity. and their
individuality and prominence on the
street or in the open country The
,hipf realizes this even more than
III, insurance companies, and that
,,.,ains the rate difference.
There Is another difference be-
tween theft rates and fire rates.
Th.u rates decrease with the pass
ing OF each year, while the fire rate
Increases during the same period. II
,h.. theft rate ia $3.50 for each 500
when the car is new. 1t may be 81
A hundred at the end OF three or
four years: II the fire rate for the
first year is 40 cents a hundred, II
NAV be $50 n hundred at the end
Of the third year
The Gang" Likes 'Em New.
According to w. +. Stahl, local In
surluce man, who furnished these
-rurrs, the reasons for these chang
e. are obvious to those who have
studied the records of automobile
,hefs and fire losses Whether II Is
a professional or an amateur auto
mobile thief, he explains, he Will
nearly always pick a new car or one
that rs comparatively new; he sell
dom selects an automobile that
shows the ravaEes Of time, that is
almost painless and which appears
to be in questionable mechanical
condition. lie expects TO sell the
car. and he knows it has little re-
sale value If IT does not present a
coed appearance. He also knows
that II he should be detected aur
chased. ne viii need a ear that has
speed and endurance, SO the old
car is pussed up. After the sccond
or third year, unless car has been
given excellent care ana attention
hy the owner. 1t shows signs of age.
Therefore IL holds less attraction Tor
he car thief and there IS u resu!tan.
decrease in the theft rate.
Although II does not furnish n
pleasing rumination on the nropensi-
4 ties Of human nature, II is noVerthe-
i less true that automobile owners oc-
A casionally "sell their cars to the IN
suraucc company" In other words,
! S,ahl intimated, they possess grow
Ing desire to gee their old and
wornout or disappointing cars IN
ashes so they may collect the IN
4 surauce, and probably use that
money in the purchase OF a new car
A II is queer, but true, he added that
many persons do not consider II a
4 criminal offense to burn their auto
mobiles TOR the insurance or at
l least be n party to such confla-
| grafton. Most of those who reason
\t!n this manner consider the insurance
Ncompany a grasping octopus. ana
Nkhat because IL is making so much
smoncy It should not miss the money
4 required to pay the loss incurred by
| the burning Of one automobile more
or less
Because OF the conditions sur
| rounding automobile thefts, as eX'
| planned at the beginning of tins
| story, there is no regular rate toi
/ automobile insurance. While rates
in California, for instance, are les
than they are in Oklahoma because
Of the stringent automobile laws e%
sting in that coast state, 1t canno
Il ~ consistently stated that the rat'
in California, generally speaking, II
one figure, and IN oklahoma an
other figure. II depends upon th'
make Of car OF which one is consld
eEing,
The Higher the Lower.
There are some makes Of auto
mobiles on which the theft rate ].
les than the fire rate. This condi
ton however, is confined mostly u
cars OF foreign make which are eA
uaordinarily scarce and consequent
y conspicuous in this part of th'
Royce, an English made car, III
TIRE rate for the first six months /
% cents per hundred and the thei
rate only SO cents. The theft rau
on Piercc-Arrows is so cents. o
only ten cents higher than the fir
rate which is 40 cents. The Pack
ard rs another car on which IN
Ihett rate is small, being 20 cent
'or the first six months. with a 40
I'D Sn, fire rate.
IN The theft rate on Cadillacs Is NOR
nan twice as much as IL Is 10
FackarIS because more Cadillac
man Ft'kards are the objects o
we cuEr'ous desires OF automObil
h'e'es The theft rate on CadlI
acs under six months old IS SIS
NAAe iue rlrc rate is five cents NOR
San tnr Packards and five cent
IMAM for Pierce ARROWS, or /
onts
iii As shown by the printed list use'
s'aa. .u his insurance office, tn
,Hetl rate on Cadillacs remains a
s"'p until the car insured is 3
nonlhs o'l when II is decreased &
go, During the intervening time
Z .,W"N'. tho fire rate has increased
"'tr the first SIX months 1t jump
-'r.s when the car IS
L3n'As Old II Is 10 cents; at tn
| y ..af. III "a