Jensen Insurance reviews county insurance during commissioners meeting

Dawn Rye | Writer

During last week’s Turner County commissioners meeting, Jensen Insurance of Beresford discussed the county’s annual insurance policy. 

Jensen Insurance owner Mark Jensen said his office has been serving the county for the last 41 years. He explained EMC (Employers Mutual Company), over 100 years old, based out of Iowa, insure multiple public entities. Jensen noted there are 18 counties in the program that allow EMC to focus on counties and provide better service. Jensen said counties receive dividends when there are good years without claims. 

He explained the insurance industry had taken some significant hits in property and automotive liability. According to the EMC statistics, in the third quarter of 2020 in the United States 16 weather disasters exceeded one billion dollars each said Jensen. He noted the auto loss ratio has increased and distracted driving is the biggest issue. Jensen said the rating is based on the experience with the renewal around 10 percent. He explained that the county’s loss ratio last year was 238 percent and breaking even is 60 percent. The three-year average is 137 percent, so it was doubled, and the auto ratio was 647 percent with a sizeable pending case. Jensen said the renew is estimated at 20 percent and considering what the county has ensured, the county is fortunate to have that percentage. 

Chairman Lyle Van Hove asked if the glass repairs count against the county?

Jensen explained EMC has a program to pay for full-chip replacement with no deductible. He said EMC does count glass repairs as a claim, but it’s not a problem for his office. He said the main reason for the increase is from the auto liability and last year it was three percent. 

Commissioner Tony Ciampa questioned if the entities can take classes that might help?

Jensen explained some classes could be taken with the property to make sure values are correct based on the replacement cost. He said the auto policy issues are distracted driving and EMC has a library of safety tapes he recommends. 

Jensen noted that the county’s property coverage is over $11 million, $4 million on the courthouse building and $488,200 on the contents. He said replacement cost for the contents in the courthouse does not include items for earthquake and war. 

He commented another policy is a mechanical breakdown with the phone system, computer systems and copy machines in a lightning storm. 

Van Hove asked what happens if the computer system is hacked?

Zach Jensen said the cyber cover was added to the county policy in 2019. He noted the county is covered for $250,000 for a cyber-attack. Jensen commented there is also a network security defense at $250,000. He said when the coverage was added in 2019, the premium was $482.00 a year. Zach recommends identity recovery to their cyber policy for $200.00 a year.

Comments are closed.

  • Hot Hurley Nights takes a detour

    July 23rd, 2021
    by

    Dawn Rye | Writer Hot Hurley Nights has been a staple in the Hurley community for many years. With the […]


    Making room for new school bus drop-off

    July 23rd, 2021
    by

    Parker School Board ground breaking for Phase I

    July 23rd, 2021
    by

    Turner County lifts burn ban

    July 23rd, 2021
    by

    Dawn Rye | Writer The Turner County’s burn ban took affect Wednesday, June 23 and at last week’s Turner County […]


    School Resource Officer program to continue

    July 23rd, 2021
    by

    Dawn Rye | Writer At last week’s Parker School Board meeting, the board made a motion to sign the school […]


  • Parker City helps replace trees

    July 23rd, 2021
    by

    Donna Rumbaugh | Managing Editor The Parker City Council held it’s regular meeting at 7 p.m. on Monday July 12.  […]


    Got a complaint?

    July 23rd, 2021
    by

    Donna Rumbaugh | Managing Editor Parker will be implementing new procedures for citizens to register nuisance complaints with the city […]


    Taking her passion

    July 23rd, 2021
    by

    Dawn Rye | Writer Many people in the show cattle industry say the ability to clip and fit an animal […]


    New Century Press hires editor

    July 15th, 2021
    by

    Dawn Rye |Writer In a sense, everyone edits written materials. From book writers, speakers, students and journalists. Professional editors work […]


    Local kids take part learning pet care

    July 15th, 2021
    by

  • What’s Happening

    Parker 14U wraps up season

    By Shane Merrill | Sports The Parker 14U baseball team wrapped up their season last week, playing in region 5 […]

    9-10 baseball finishes season at state

    Shane Merrill | Sports The 9-10 baseball team traveled to Canova last week for the season ending State VFW 10U […]

    Rita Ann Graber

    90 Tuesday, June 29 Freeman Rita Ann (Graber) Graber was born Feb. 14, 1931, east Freeman to Carl J. and […]