The Algona Upper Des Moines from Algona, Iowa on June 27, 1957 · Page 37
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The Algona Upper Des Moines from Algona, Iowa · Page 37

Publication:
Location:
Algona, Iowa
Issue Date:
Thursday, June 27, 1957
Page:
Page 37
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BODILY INURY PROPERTY DAMAGE INSURANCE RATES D-O-W-N For MOST DRIVERS For Youths Under 25 Who Own Their Cars HELP Youth WAN Years CAR OF HIS It Costs Me 50 Bucks More? JUST BECAUSE WE HOLD ONLY 11% OF THE DRIVERS' LICENSES AND ARE INVOLVED IN 35% OF THE ACCIDENTS? The rise in bodily injury and property damage auto insurance premium rates for you . . . young man . . . just can't be helped. Not when figures just released by one of Iowa's largest insurance companies reveal that for every $100 paid in for premium cost, over $120 was paid out by reason of accidents among holders of policies who Were under 25 years of age, and owned their own cars. ~" ^••••••••••••••••••••••••••••••••••OBHMHHBBBB••••••••»•• Think It Over .. Lads.. and Dads Here are more figures-as released by one of Iowa's largest insurance companies: * * * • FOR ADULT (OVER 25) DRIVERS ... Less Than $60.00 Was Paid Out For ' Bodily Injury and Property Damag e Claims — For Every $100 of Premium'Cost' * * * • FOR DRIVERS (UNDER 25) WHO USE THE FAMILY CAR . . . $102 Average Was Paid Out For Bodily Injury and Property Damage Claims — For Every $100 of Premium Cost * * * • FOR YOUNG MEN DRIVERS (UNDER 25) OWNING THEIR OWN CARS . . . Over $123 Average Was Paid Out For Bodily Injury and Property Damage Claims . . . For Every $100 of Premium Cost * * * THAT'S THE BITTER TRUTH . . . irrevocable figures over a twelve-month period that unfortunately place the all-time HIGHEST RATIO of auto accidents in the class of drivers under 25 years of age, who own their own cars. THAT'S WHY premium costs for these young men drivers are now forced up from $30.00 to $50.00 per year, and there is nothing anyone but they themselves can do about it. The accident record, and the high cost of bodily injury and property damage claims paid on behalf of policyholders under 25 years of age and owning their own cars, has simply "sky-rocketed" out of all proportion. IT IS MOST ASSUREDLY 'FOOD FOR THOUGHT'. We, the undersigned insurance underwriters of Algona bring these facts before you with one single hope in mind . . . mat cf planting in your minds the desperate need for CAUTION ... for ever-watchful safety while at the wheel of a high-powered automobile as well as a "jalopy." !•••••§••••••••••••• ^ The most bitter truth of all is that, by reason of facts and figures, a desperately bad record of "performance on the road" is laid at the doorsteps of young men drivers from 16 to 25, who own and drive their own cars. Certainly, every driver in this group is not a "bad driver" . . . but some, indeed a great majority of these youths, are in the act of wrecking their driving reputations so completely that ALL drivers under 25, owning their own cars, are now forced to PAY HIGH PREMIUM RATES. ... AS MUCH AS 50 BUCKS MORE A YEAR . . .and that, as they say, 'ain't hay." So think it over, Lads and Dads. The 'money' is important, sure . . . But the way.it looks, if things keep on, it's almost a question of which is going to cost more for a boy under 25 ... the car itself, or the insurance premium rate that lets him drive. Only the cooperation of all younger drivers, in lessening the accident rate, will result in a reduction of these sky-high rates. Human lives are involved ... the lives of all of us. The ONE thing that an insurance claim can really never settle. 'Death on the highway' ... too horrible and too infinitely sad to-describe in mere words. Young men will you help ? NOTE TO . a Pretty Girl Compliments are in order for you and other girl drivers like you . .* . for your auto insurance premiums have gone DOWN . . . not up. The facts show you girls are becoming BETTER drivers. But most often, you, a pretty girl, are not sitting behind the wheel . . . you are in the "suicide seat" beside a boy friend who is driving. If you continue to pay homage to a '"hot rod artist" who while on the road loses all respect for self-control and fair play, and if you fail to do your part tow ards CAUTION . . . true, you, a pretty girl, might not end up in jail . . . you might just end up DEAD. Caution Ely All When Behind the Wheel Will Reduce Insurance Kates For ALL Insurance Agency 2C6 East State Street J. R. KOLP, JR., Manager Phone CY 4-3176 llossom Insurance Agency 10.9 North Dodga Street JOSH AND CLAIR BLOSSOM Phone CY 4-2735 Bohannon Insurance Service 6 North Dodge Street L. S. BOHANNON Phone CY 4-4443 HEAVY DRIVING HOLIDAY AHEAD! Let's Practice Highway Safety & Caution Insurance Agency Above Iowa State Bank TED S. HERBST Phone CY 4-3733 Paxson Insurance Agency HO'/a North Dodge Street CHARLES D. PAXSON Phone CY 4-4512 Ricklefs Insurance Agency State & Thorington Corner ARNIE J. RICKLEFS Phone CY 4-4512 Everett E. Barr Insurance Agency 9 North Dodge Street EVERETT E. BARR Phone CY 4-3242

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