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Re fiicinq Tnsurance Rates
Insurance rates vary according to specific conditions involved. However figures on various classes of lumber risks show definitely an average rate today only about 40% of the rate prevailing in 1900.
Without presuming to claim all the credit, the fact remains that "that Mutual interest" has had a large part in effecting these rate reductions which represent an enormous saving not only to policy-holders but to the entire lumber industry.
Add a 40% dividend to 60% reduction in rate, and you will realize that the Associated Lumber Mutuals actually offer insurance to the lumber industry today at only about 25% of what similar insurance cost in | 900.
Lumber Mutual Insurance was created by lumbermen to serye the lumber industry, to furnish better protection 6tted to the lumberman's particular needs, and to provide it at lowest cost. That is exactly what it does. Write ang of our companies for full informalion about the protection ofered bg our policies and our fire preoention seruice, and the saoing efecteil bg our ilioidenils.