Please find enclosed the following with this Olowalu Fire Station Update:
OLOWALU FIRE STATION FLYER-INSURANCE
Statement by Mahealani Strong-Managing Agent-Insurance Associates Maui Inc.:
“Insurance premiums are calculated by balancing the estimated value of your property with the risk to insure it. The distance from a Fire Station determines your “Protection Class”; the risk. Lahaina town runs at a Class 5 whereas anything south of Launiupoko Beach Park all the way to Ma’alaea is Class 10. Home and Commercial Buildings included.
I have an insured paying $12,000 annually for his home insurance. If I just changed his Class from 10 to 5, his rate drops to $8,000. Now that he is a Class 5, I can use a different carrier that wouldn’t accept him as a Class 10. The new Carrier quoted his home at $6,000. Imagine saving $6,000 a year…every year!
Everyone wants to save money, but imagine the lives saved and the heartache of having to replace your home while cleaning up the debris from the memories you shared there?”
DONATION AND PLEDGE AGREEMENT
Launiupoko Property Owners, The Yarnolds, Pledge $100,000 towards development for Olowalu Fire Station initiative. Now they have been matched by property owners The Leffingwells who also pledged $100,000. That’s $200K in pledges. (With 18 more matching this, we will have the $2M needed. Now …this is exciting…Please join them!)
“We love living in Launiupoko and are delighted to see the WMIF’s program to privately fund and develop a badly needed fire station in our area. We’ve decided to make a significant conditional pledge to support this effort. The past few years we have witnessed wildfires in our area, and the ongoing risks we face will continue without better proximity to fire protection as proposed by the WMIF. Their track record at Napili is an unprecedented success, and the opportunity to bring a state-of-the-art fire station to our area is one we should all embrace.
A new fire station will reduce response times to the fires we see frequently in our area and should have the added impact of reducing the cost of our homeowner’s insurance. By making this pledge contingent upon the fire station becoming operational we give the WMIF the ability to borrow funds and get this project done. We ask you to make similar conditional pledges and join us in making this new fire station a reality.”--Dave and Adrienne Yarnold --“We agree completely”—Dean and Becky Leffingwell.
NOW IS THE TIME TO BE PROACTIVE IN A HANA HOU MIRACLE IN PROCESS! SEND YOUR PLEDGE AGREEMENT IN TODAY! YOU HAVE AN UNPRECEDENTED OPPORTUNITY!
Please call me if you have any questions at 808-661-7990 or on my cell phone 808-283-4533.
Joseph D Pluta, President, WMIF