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  • New Partner Company

    We are pleased to announce that we now represent State Auto Insurance Company. We will be able to offer both personal and commercial insurance products through our agency. They are extremely competitive in Oklahoma with only a select few agents throughout the state. We look forward to building a solid foundation and grow with this company over the years. Contact us today for a quote!

    Here is an overview of State Auto Insurance Company:

    One Man’s Vision For A Better World.

    Frustrated by insurance rates that were unreasonably high and claims settlements that were routinely handled with disregard, Robert Pein was determined to create a new kind of insurance company dedicated to serving the needs of the community – not the needs of the insurance executives.

    In 1921, State Automobile Mutual Insurance Company was founded. With three employees and a rented room in downtown Columbus, Ohio, Pein set forth to tackle the inequities in the insurance industry. From the very beginning, State Auto advocated the independent agency system as the best approach to serving the needs of its policyholders. To this day, as hometown neighbors, local independent agents continue to provide efficient, professional and more personalized service than that of their competitors. Just like Robert Pein had always dreamed.

    Today, the State Auto Insurance Group employs approximately 2,000 associates and markets its products through more than 3,000 independent agencies in 33 states. Group assets are in excess of $3.25 billion with annual direct written premium in excess of $1.5 billion.  Corporate headquarters is in Columbus, Ohio, where State Auto was founded in 1921.  Regional headquarters are located in Nashville TN, Indianapolis IN, Columbus OH, Austin TX and Baltimore MD.

    The State Auto Group is rated A+ (Superior) by the A.M. Best Company and consists of State Automobile Mutual, State Auto Property & Casualty, State Auto National, State Auto Ohio, State Auto Wisconsin, State Auto Florida, Milbank, Farmers Casualty, Meridian Security, Meridian Citizens Mutual, Beacon National, Beacon Lloyds, Patrons Mutual and Litchfield Mutual Fire.

    State Auto Mutual also writes specialty insurance and workers’ compensation products through its Rockhill insurance subsidiaries. The Rockhill insurance subsidiaries, rated A- (Excellent) by the A.M. Best Company, write business on a non-admitted basis in 49 states and the District of Columbia, and are licensed on an admitted basis in 42 states and the District of Columbia.

  • New Employee

    Please welcome Beth Burton to our agency. She started working here on August 9th and will be working part time. Beth is married and has a child. We're excited to have Beth working with us.

  • Reconstruction Costs

    Reconstruction Cost versus New Construction

    We regularly get asked about the valuation of properties and how we come up with an estimation of the reconstruction cost of a property in the event of a total loss. Most insurance companies have a cost estimator tool that is used as a guide. Marshall & Swift/Boeckh (MSB) is a popular cost estimator choice among companies. It is important to remember though that these estimators are only guides to help determine minimum property values and the final decision of insurance coverage lies with the insured and the company.

    Why Reconstruction Usually Costs More Than New Construction

    Economy of Scale

    When a contractor has many homes under construction at once, materials can be purchased in large quantities which in turn allows for price discounts. This factor alone can push the cost of rebuilding thousands of dollars higher than the cost of comparable new construction.

    Top Down vs Bottom Up

    New construction begins at the foundation and builds upward. Repairing a house that isnʼt totally destroyed often means rebuilding from the top down, a far more time consuming and labor-intensive procedure.

    Demolition and Debris Removal

    New home construction normally begins on open ground. Rebuilding may begin with a partially or totally destroyed structure on the building site. Parts of the structure may still be standing but unusable, requiring demolition and removal. A lot of work is usually required before the first cement can be poured or the first nail hammered.

    Use of Labor

    When a new home builder has several houses under construction, work can be scheduled for the most efficient use of carpenters, plumbers, electricians, and other workers. When only one home is being built, the same kind of efficient scheduling is rarely possible. Labor normally accounts for the largest share of home building costs.

    Access to the Worksite

    When new houses are under construction, there is usually no landscaping, which allows for easy access to the site. Materials can be driven directly up to any side of a structure as needed. When a house is being rebuilt, there are trees, shrubs, lawns, flower beds, fences and other obstructions limiting access. Materials may have to be off loaded further away and hand carried to where they are needed, thus increasing labor costs.

    Building Code Changes

    Most older homes and many newer homes were built during times when building codes were less strict than they are today. If you are rebuilding your home you may need to meet the newer and stricter building codes. Building code changes can add thousands of dollars to the cost of rebuilding.

    Construction Costs Rise After Natural Disasters

    In the wake of a natural disaster affecting a wide area, the costs of building materials and contractor fees nearly always rise sharply in response to the sudden surge in demand.

    These are just some of the reasons that reconstruction costs can be higher than new construction. Research shows that the actual cost to reconstruct a building after a total loss is on average greater than new construction cost.

    Have questions? Contact our office today!

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