Your FARM BUREAU AUTO INSURANCE COMPANY 



Increases Rates on 



&L Property Damage 



/ 



HERE IS THE NEW RATE SCHEDULE 

 EFFECTIVE JULY 1. 1946 



Semi-Annual Premium for Pleasure Cars 



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*' Personal Injury 

 ** Property Damage 



THE Board of Directors of Country Mutual Casual- 

 ty Company at its regular monthly meeting on 

 May II, 1946, authorized an increase in the col- 

 lision and property damage rates of the company. 

 These rates have been approved by the Department of 

 Insurance, State of Illinois, and will become effective 

 July I, 1946. 



The table above shows the semi-annual rate which 

 will be charged on all new policies written on pleasure 

 cars and also represents the rate which will apply to all 

 policies in effect which are renewed on and after July I , 

 1946. The collision and property damage rates, (printed 

 in red] being the only rates which are increased, are 

 also increased on trucks. 



This increase in rates for collision coverage (that is, 

 damage to your own car) and the P.D. or propery dam- 

 age (that is, cost of repairing the other car) has been 

 brought about largely from three causes: first, the in- 

 creased charges which are being made by garages and 

 repair shops for doing the same work today as compared 

 with five years ago; second, the increased frequency 

 of accidents upon the highway and third, the severity of 

 accidents brought about by cars being driven at high 

 rates of speed with faulty brakes and other mechanical 

 defects. 



Your Company was originally organized to write in- 

 surance for Farm Bureau members and their dependents 



at cost. When costs go up, rates will go up; likewise 

 when costs go down, rates will go down or excess earn- 

 ings will be returned in the form of special dividends such 

 as was done during the war period when gas and tires 

 were rationed. 



This increase in rates has not been brought about in 

 any way because of operating costs. The operating 

 costs of the company today are the lowest they have 

 ever been since the company was organized. 



You will note in the table above that there has been no 

 increase in fire, theft or windstorm rates, no increase in 

 P.I. or personal injury rates and no increase in 

 the medical expense reimbursement rate. The only in- 

 crease that is necessary is that for material damage or 

 damage to the motor vehicle. 



COUNTRY MUTUAL 

 CASUALTY COMPANY 



(Formerly Illinois Agricultural Mutual Insurance Cempoiiy) 



608 SOUTH DEARBORN STREET CHICAGO 5, ILL. 



>RD 



JUNE. 1946 



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