Page 8 Advertisements Column 4

Bay of Plenty Beacon, Volume 7, Issue 54, 7 March 1944, Page 8

PUBLIC NOTICES STATE FIRE INSURANCE OFFICE AGAIN REDUCES RATES OF INSURANCE TO THEIR POLICY , HOLDERS REDUCTIONS ANNOUNCED A new schedule of rates lias beem.--adopted by the State. Fire Insurance Office and will come into operation? - in respect to wooden dwellings on March 1. Because of the great . amount of. work involved in adjusting premiums and the extreme shortage of staff, it will not he practic--i able, it lis stated, to apply new rates; for other risks until later. "The new rating schedule for wooden dwellings reduces the present three grouping classes to two,. and abandons all loadings for contiguity w T hich have applied ?n thepast," stated the. Minister in chargeof the State Fire Office, the Hon.. D. Wilson. "In addition, the present maximum State Fire bonus bate granted to policy holders of three years' standing has been madea permanent rating reduction; Thfe effect of- the new schedules on ratesi will vary and will be the greatest, in connection with wooden dwellings, situated in groups. There will beno increases." As an 'indication of the effect of the new system of rating on a> wooden dwelling ;in Wellington situated in a full group of other dwellings, the Minister said the new rate would be 4s 3d per cent, as against the present rate of 6s per cent charged to a State Fire policy holder of three years' standing. Where trade risks formed part of the group, reductions would be greater. It was not possibe at present to. estimate the average percentage reduction over all, but" it would liesubstantial. "In addition to reductions under the new rating schedule, the States Fire Office will as from' March 1 give to its policy holders on renewal a bonus rel?atc of 10 per cent on ; all wooden risks and 15 per cent oi*< all brick risks; these rebates to ap-*-ply universally, that is, to both dwellings and. all other classes of business," added the Minister. The State Insurance—Your own office lias reduced rates in Fire Accident and Motor Car Risks. Insure with the State and receive the benefits of these reductions. A J Canning and Go. STATE FIRE, MOTOR CAR ANI> ACCIDENT INSURANCE OFFICE* AGENTS. I The Doors of your garage will 4 r fit perfectly, look better and J m cost less if made bv— W BOON SULLIVAN LUKE LTD. J Builders, Timber and Hardware Merchants WHAKATANE - 'PhongH "J ROAST BEEF of Old England Builds Boys of the Bulldog Breed. Prime Beef, Pork Mutton. C. A. TIMBS & SONS THE STRAND. WHAKATANE PHONE 183. NOW dismantling Chevrolet 4 and' 6. Plymouth, De Soto, Morris Oxford,-.... Pontiac, Essex Challenger. Parts . available. Model A Ford motor overhauled, crown wheels, pinions, start- - e.rs, generators, springs, lamps, door glasses, axle sets for trailers. Cadman's Parking Station.