Lebanon Reporter

June 18, 2013

County’s insurance premium jumps

By Rod Rose
Assistant Managing Editor

Boone County — National disasters are affecting Boone County’s property and casualty insurance rates.

The county’s premium will increase 16 percent, part of “overall rate increases from the insurance industry” in response to Super Storm Sandy and other disasters, insurance agent Jeremy Lamar said. The $427,776 annual premium includes a 6 percent increase in the cost of insuring buildings, he said.

Lamar, and Travelers Insurance representative Jason Quesenberry, outlined coverage for buildings, lawsuits and other issues for the Boone County Commissioners Monday.

For more of the story, see Tuesday's Lebanon Reporter.