Shelter Mutual Insurance announces rate reduction

Auto policies adjusted during COVID-19 pandemic

Roger Karns

From Staff Reports

With fewer motor vehicle collisions reported in the last five months during the COVID-19 pandemic, Shelter Mutual Insurance has announced a reduction in rates for policyholders.

Shelter Mutual has lowered rates for the majority of policyholders, according to a news release from the company based in Columbia, Missouri.

Lolly Griffin, left, and Roger Karns, Yukon insurance agents. (Photo provided)

The rate reduction is due to fewer accidents and lower total miles driven by people during the pandemic. More people have worked from home, and Yukon Public Schools have gone to virtual learning for the first nine weeks of the fall semester.

“There has been a decrease in accidents. There are just fewer people on the roads and fewer claims resulting from that, and Shelter wants to pass that on to our clients, to accommodate our clients for safer driving,” said Lolly Griffin, insurance agent at the Karns Agency Inc. in Yukon. “I know claims are down industrywide.”

The Shelter statement reports that the overall impact is a reduction of 5% for Shelter clients. The size of the decrease for individual clients will vary based on policy coverage and the individual’s profile and loss experience.


“Shelter’s strong financial position will allow for the rate reduction while retaining the appropriate levels of premium reserves adequate to pay current claims and generate surplus dollars that can pay future claims from major storms or other disasters. Shelter clients should consult with their local agent for any questions,” the statement reads.

In Yukon, Shelter agent Roger Karns is located at 111 E Vandament Ave. telephone (405) 354-4874.