Page 18 - Arkansas 811 Magazine 2018 Issue 3

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Insurance YICGS - Hlgher Of LOWE?
I
Ey Wglrlla Resmes .
at, You Do M a ke the D1 fieren ce
Jackson MS

nsldcs ealhng yuur agent now and then or open yuur Then, of eouee, there’. the eoneept that no tn.-uranee

bllh, huw nnueh time do you .-pend tlunlung ahuut eurnpany wr1nl~ tu wnm ALL the hurlthnga In an areal town.

lnsurantc” l thought an 7 hut lzlkc a mumcm nuw anrl ll a tumado mltbmnk occurs‘ 7 and has 7 a company euuld get

let: act: lfyml ean .-aye youraelt sums money. Fu.t, wlpcd out Hi 5 mlnulci’
W‘ ‘“' 1‘°‘” "“°" 5°‘ “"“b“‘h““‘ Ycs, we onee had an cntlrc town wlpcd out by a tornado anrl
lt doL‘~n'l matter whether ll 15 eonunereral or pcxwnal, eertatn pald out a drum tor sltl MILLION 7 In one check The all-
thmga are rate cscalaloxs 7 teenagerl rlnyer. (sIlxpn~L‘d7). hrgh wuorl bulldlng had been donated to the City. lt wr1~ gmuxmoua
powcmd vchlclch, hou.~e.- madv: entuely of wul.»d...l.»Ilt |n the 7 even had mllmad traelu end tu enrl .o the producla the
eountry wlth nu Hm hydrants nearhy. Let's put that all-wood eurnpany manufactumd eoulrl he loaderl nght ontu the ear..
h°""° "gm _“”‘‘T',‘ ”“ ‘'‘‘‘‘'‘,‘,‘°"‘ “"3” d“ C'“‘‘ “ “‘"“” ‘ when the tornarlu lert 7 the entue bulldlng was a full: of
eould have .arrl oeeantront hut the cult acl~ up every year, I h I k OK 1 b d d b k_ Tl
much more than the Atlanne .eahoard. lt yuu are .-onneune whu ‘"“ ° ’ ‘C ‘W ' ‘"“ “ ’ ““‘PP° ““ ’° ‘“' "’

— bulldlng wzla |n nud..tate M.......ppr. No une eould po.-uloly
pay.- out elaun. and .et. mics, remember you are aha .uppu.~ed , —
m mm a Pmmf WW1 d you dmgn mm M M guy on the argue wlnd y. mlnwalcr OR suzlwatnl (dldn [have any». ln

other wortla, flood mIlldn't he elarmerl, «D a check wr1~‘l»'ucd
canal than a guy H1, ~ay, Mernpln. or Albuqllcxquc?
Harl the company lnaurcd Dvurykhlng. |m£\gmL‘ what eoulrl
Why? have happened. Even retn.-uranee wr1~ lnvulvcd
Dh, a ~tuIm like l<atnna wuuldn’l get ll prohahly. Right Now that c0mpany’~ rern.uranee pruhahly ~ay.s, ”NO wooden
Now huw about hre; h a wood houae/hurldrng more hlrely to b“"d‘“$;1“”"{f‘f "“‘““' Y“ ‘"“ ‘P‘“““‘ “ ‘1°”“““" ‘_}‘““
burn 111 the W.) t down than .a v a buck ur slonc bulldln 7 ln ‘"“ 5“ “"“ " 3”‘ °‘ “"“ ‘°‘ 2“ ""‘““ T “’ “‘"“” my
‘ > t >' * 74 cumpanv that they wnte the rclnailmncu tor (rern.uranee Ls
the eountry or nght In town? How about a .-pnnleler aystcm7 V V , .,
.n.uranee for .n.uranee C()mpr1n|c.~F ean twnte hrgh valuc
what lf the buIld|ng/lmuac r. ultl 7 how are thuae eleetneal Wmdm bmldm ‘ ,,
wires‘ huldlng up? Am the yaluea In the area gotng down 7 or 5“
up= we, there are ar.un I-ln:~, Ilnfununakdy.) ll yuu think about "why" rate.- are what they are, you hegrn to
act how you ean eut down on your prcm|um~
utu an.-uranee makL‘~ lt really elear; agc, age ot \'ch|clCt
s.I.t' is ." I". " dc~cnpt|un OfVC1'1lC1L‘yCO~(Of\’Cl\lClC so wlueh vchldc wlll you
[S] [II he .n.unng
Al Red Mustang. nnn-, mnvcmblc 7 25 y/o dnvcr . 533,000 new
13) Fuur rluor Jeep Cherokee 7 55 y/o drn~er . $38,l}1'JUncw
whteh of these can rlu you thlnk wlll cos‘! mum to .n.ure7
Tl.»day’a vL‘h|clL‘~ are aln.o.t dnyerle.. |n somu area.- And In
Q wmc czlsch, they ARE dxlvulc» The eoenputer "du\'cI" la
the "lmart" and "bxaln" ul the vchltlc They are aha ~cnuu~ly
L‘xpcrn'|vc to repau/replaee And, Mncc the yehnle a. nearly
umlc» wllhulll ll, tho ean cx lam wh v the eoen an t wlll
P > P >
otten "total" a vcluclc, rather than repau u.
Knew “mars below Yca, the eontpany oftcn wlll rane mlci aftcx a elaun or two,
they are not am to reeou tlmlr ln»'L‘~/ex cnscs tho way [I
I _ you had a $150,000 Imus: bum rluwn, how lung wlll .t takc lor
Call befo yo ' E E P P '
re u d 9 that 20% rate .nerea.e ot the ongrnal $900 pmnuum to refund
aftcx the In»? Actually, tho.e lo.-.e. are spread uut over a wldc
numbcr of homes‘ In your yreuuty 7 homes‘ of the .ame type
@ aw‘ youth. Companlm have had deearle. of rate "brllrlnmng"
_A\ In eaeh type ul Iocr1lc— eua.-tal, tornado amen, mow er |CC
, , area, dlhlsmxmn ete. Tluacxpcncncc gosh mm the proee.-.
Pmud Ia be In Calumbla Caunry ot paylng tlalm~ antl enalung a rea.unahle pmfil— and t11l~ ..
> what yuur .tate'. ln.uranee Cummhsmncx |s charged w|tl\
Nalulal Gas llallsmlsslun entorung 7 enough prcm|um~ tu pay claims and make a
H28 gathering lines mwnablt‘ Pmfi!
ll yuu are "|n~'IlrancL‘ awzlm" when you pureha.e a home, lut
or yehrele, you ean makc ehureea that ean save you somc 55
year alter yczlx’ g
15 . Ari<.:rls:s511M.!g.:1lrle ma Issues