Page 8 Advertisements Column 4

Bay of Plenty Beacon, Volume 7, Issue 58, 21 March 1944, Page 8

PUBLIC NOTICES >TATE FIRE INSURANCE OFFICE lgain reduces rates of insurance TO THEIR POLICY HOLDERS REDUCTIONS ANNOUNCED A new schedule of rates has beenidoptcil by the State. Fire Insurance Dflfice and will come into operation , n respect to wooden dwellings on tfarch 1: Because of the great imount of work involved in adjusti - ng premiums and the extreme shortage of staff, it will not be practicjble, it :is stated, to apply new rates.: 'or other risks until later. "Tlig new rating, schedule for tvooden dwellings reduces the pres.2nt three grouping classes to. two, and abandons all loadings for contiguity which have applied in the past," stated the. Minister in charge of the State Fire Office, the Hon. D. Wilson. "In addition, the present maximum State Fire bonus rebate granted to policy holders of three years' standing has been made • a permanent rating reduction. The. effect of the new schedules on rates; Avill vary and will be the greatest in connection with wooden dwellings situated in groups. There will be no increases." As an indication of. 4lie 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 Jkl 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 ta. estimate the average percentage reduction over all, but it would besubstantial. "In addition to reductions, under the new rating schedule, the StateFire Office will as i'rom March 1 give to its policy holders on renewal a bonus rebate of. 10 per cent on. ! all wooden risks and 15 per cent on. [all brick risks; these rebates to apply universally, that is, to both, dwellings and all other classes of I business," added the Minister. j The State Insurance —Your own. office has reduccd rates in Fire Accident and Motor Car Risks. Insure with the State and receive* the benefits of these reductions. A J CANNINGaod Co. STATE FIRE, MOTOR CAR AND" ACCIDENT INSURANCE OFFICE,. AGENTS. 1 First Class Joinery f ,ja For interior or exterior use. is # £ designed and made by>— J I BOON SULLIVAN LUKE LTD. Builders, Timber and Hardware Merchant! WHAKATANE_— « • 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, starters, generators, springs, lamps, door glasses, axle sets for trailers. Cad— man's Parking Station.