Show An Advance Christmas Present resent Automobile owners of Utah heard some pome very good news from their insurance insurance insurance ance agents yesterday It was a premature premature premature pre pre- mature Christmas present of a a year reduction in the cost of their car insurance It was announced at the annual meeting meeting meeting meet meet- ing of the Utah Association of Insurance Insurance ance Agents in Salt Salt Lake Lake City Friday that a 10 per cent reduction in rates for automobile collision fire theft and comprehensive insurance would go into effect immediately The saving to car in insurance insurance insurance in- in buyers according to R R. R D. D Callister chairman of the far west insurance agents conference would be beabout beabout beabout about a year The reduction was made after representatives representatives representatives of the Utah insurance agents showed companies writing this kind of insurance that loss ratios in Utah were such that a rate reduction was deserved and and the companies after extended hearings and study agreed Mr bir Callister points out that three reductions in the cost of automobile in insurance insurance insurance in- in in Utah have been made since June 1949 with total savings of approximately approximately approximately ap ap- ap- ap proximately a million dollars a year to insurance purchasers All of the cuts have been made as the result of continuing continuing continuing con con- studies of insurance losses in Utah and rate patterns here compared with rates in other states In these days of increasing increasing- prices on just about every front any news of a aprice aprice aprice price drop is doubly welcome will be pleased at this a year bonanza and they will appreciate the efforts efforts efforts ef ef- ef- ef forts of the insurance agents in safeguarding safeguarding safeguarding safe safe- guarding their interests by working to keep insurance costs at the lowest possible possible possible pos pos- sible level |