Your FARM BUREAU AUTO INSURANCE COMPANY 



increases Rates on Collision & Property Damage 



Semi-Annual Premium for Pleasure Cars 



fir.j. Theft & Wind 



HE Board of Directors of Country Mutual Casual- 

 ty Company at Its regular monthly meeting on 

 May II, 1946, authorized an increase in the co! 



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 alt 

 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.O. 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 90 up, rates will go ui. liivwise 

 when costs go down ratv-s will go down or ricess odrr- 

 ings will be returned in thf.- form of special dividends such 

 as was done during thr- Mar prnod when gas and tires 

 were rationed. 



This increase in rates has not bef-n brought about in 

 any way because of ccerating costs. The operating 

 costs of the company ♦cday arc the lowfst they have 

 ever been since t' c company was organized. 



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

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

 P. I. or personal Injury ra^es and no increase In 

 the medical expense reimbursement rate. The only ,n- 

 croasG that is necessary is that for material damage or 

 damage to the motor vehicle. 



COUNTRY MUTUAL 

 CASUALTY COMPANY 



(Formerly Illinois Agricultural Mutual Insuranct.- Company) 



608 SOUTH DEARBORN STREET CHICAGO S, ILL. 



)RD 



lUNE, 194G 



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