Show Combine City Insurance Bountiful is losing a great deal of at value in its Insurance program BY DIVIDING insurance among 15 different t companies with eight different agents it is hard for tor any company to compensate for tor time Involved Besides the city is not lot keeping its Insurance program up with developments So Some m e buildings are not covered Coverage is not realistic on others You hav hava many expiration dates to keep track of at Sometimes several companies are Involved in a set set set- settlement TUB This IS E Clifton Johnson Bountiful Insurance agent explaining ex- ex the need for tor Bountiful to buy all aU Insurance from one company com com- company pany Another agent Ted Powell Powel told the city council of ot a study he made of at coverage You have failed tailed to insure some Use of ot other buildings has changed resulting In changed in insurance In needs BUYING ALL Insurance from one company will wUl make it worthwhile worth while for that company to help the city keep up to date be noted Merlin Perkins also an as a agent ent said their companies have mews means of helping with surveys of at needs He lie pointed out several other ad advantages ad vantages of having one company ONE COMPANY would have have tave larger premiums hence could cold pay larger claims claims- The company would make the assessment of building value This plan would save about 23 per cent per year although premiums pre could actually be larger because of Increased coverage MAYOR MATT A. A Galt Gait appoint ed a committee of ot three local agents to work with City Manager Man ager alter Byron Oberg an and City Recorder Re Re corder Bruce Parkin to determine determine determine deter deter- mine just what the city need needs When completed the city coup count cil will review It 11 and the proposal pro will wUl be put out of for bid Bids aids will be limited j to agents jiving living in Bountiful |