TouchPoints Dawsona publication of Dawson Insurance Spring 2014 Family Driven for 100 Years Spanning four generations, Corwin Automotive Group has grown from a bicycle shop in Bismarck, ND, to 11 stores in five states. Tim Corwin, center, with sons Tanner Corwin (left), and Drew Corwin (right) Financial Services President’sPresident’s Financial Services FinanciaDawsonDawson Message Associates SALES STAFF Todd Anderson, CPCU, CIC Message AssociDan Armbrust, CIC, CPIA, CPCU, CRIS LeBarons Penny Crowder, CISR, CIC Tom Dawson, CPCU, CIC Zack Dawson, CIC and Brandi Hedin Ryan Hoffman, CPCU, AIC, ARM Marathons Life on a D.I.M.E. Mark Julik, CIC, CRIS Jay Kleingartner, CIC By Tom Dawson ow much is enough? Life insurance helps provide a simple solution Wayne Lauwers, CIC Jim Nyhof to a challenging question: How will my loved ones manage an you buy a new car today Matt Peterson, CIC financially when I die? While often a difficult subject to talk about, without an automatic trunk Roger Peterson, CIC Hif others depend on you financially, it’s one you cannot avoid. One of the first opener? The Corwin team – M – Mortgage and other debts. For many people, Natalie Schultz, AIC, CPCU steps in looking at the different life insurance options is determining how Cfeatured in our Client Spotlight this their home is their largest asset. In order to pay off Steve Winter, CIC much is enough. A simple way to determine the right amount Ben Zietz issue – certainly would know. the mortgage and other related debts, you will want of coverage is to use the D.I.M.E. method, which stands What made me ponder such a question? I was term insurance to provide the peace of mind so that for Death, Income, Mortgage, and Education. ADMINISTRATION reminiscing about how my grandfather, Charles an unexpected tragedy does not mean that your family is unable to make future debt payments. Mary Bjerke, CPCU A. Dawson, bought all his cars from S.W. Corwin, D – Death expenses. These include burial costs, Jaclyn Hanson grandfather to Tim Corwin and great-grandfather unpaid medical bills not covered by insurance, E – Education funding. Do you plan on setting Steve Miller, CPA to Drew and Tanner Corwin. My grandfather only Maria Reinhiller and other short-term obligations. With funeral aside money to help fund your children’s college bought Chryslers, with the last one being an Imperial Angie Wohl costs averaging $10,000 to $12,000 and medical education? Using term life insurance as a LeBaron…pea green with a white vinyl top. That car bills potentially reaching $10,000 or more, this funding mechanism can help ensure that funds had every option – except a power trunk release. My CUSTOMER SUPPORT permanent insurance need is often $25,000. are available to help defray the rising costs of a grandfather couldn’t see paying $16 for the feature BONDS college education. since he could open his own trunk. Becky Hecker I – Income replacement. Bridget Helm There are many great stories and memories about If others rely on your my grandfather and his cars throughout the years. income, what would The Dawson Solution: CLAIMS One that stands out is that after mistakenly walking happen if you were to pass Jill Graveline The combined totals from these categories can be Kathy Richard up to a pea green Chevrolet with a white vinyl top away? In order to preserve their lifestyle, used as a basis for the total amount of life insurance thinking it was his LeBaron, he paid to have the top your family may need to replace your that is needed. Consideration should be given to existing COMMERCIAL LINES painted the same color green as the car. My guess is income for a number of years. As an life insurance and other liquid assets when determining the final Joni Alfson, CIC, CPCU the paint job cost more than 16 bucks. example, replacing $2,500 in monthly amount of insurance that is right for you. We can help you get started with putting Kevin Bruggeman, CPCU Many of the same downtown streets traveled by income for 10 years requires almost Yves Cherubin together or modifying your life insurance plan, including finding the right amount and Donna Christlieb, AU, CIC that green Imperial LeBaron will be traveled by $250,000 of term insurance. type of insurance. Contact us today at 1-800-220-4514. D thousands of runners in May. The 10th annual Fargo Jennifer Davis, CISR Alex Dawson Marathon will start at Veterans Memorial Bridge Holly Fitch, CISR between Fargo and Moorhead and finish in front Cindy Fleming of the Fargo Theatre on Broadway. Last year more Our commitment Surety Dana Gary than 24,000 people participated in the marathon to service includes Joan Hagen, CISR events, and it appears that there will be even more extended service Deb Johnsen, AU participants this year. hours and more service Continuing Education Stacy Kemerling Corwin Automotive Group is celebrating 100 years options. With both Lesley Koehler Jen Kopel, CISR, CIC in business this year; our own centennial will be here online and telephone ack Dawson recently completed Level II in the before we know it. While it’s hard to say if the Fargo Melissa Krystosek, CIC services at your fingertips day or night, Dawson 24/7 is William J. Angell Surety School through the Marathon will go on another 90 years, the odds are Karen Lundberg designed so that you choose how to interact with our National Association of Surety Bond Producers Mariah Rud that it certainly could. After all, legacies are born Z(NASBP) in Houston, Texas. The five-day program agency and when it’s convenient for you. Pam Rudolf from dreams, hard work, and determination; the focused on contractor profiling, detailed financial Matthew Weis Fargo Marathon team certainly possesses those traits. analysis, concepts and effective practices of account Dar Zimmerman, CIC Wouldn’t S.W. Corwin and Charles Dawson be Dawson 24/7 Online Access activation and service, claims handling, industry surprised to see how “the bridge” and Broadway have Your insurance information is always available so you can: FINANCIAL SERVICES marketplace changes, and ethics. Founded in 1942, Evonne Johnson, INS changed over the years? Charles would undoubtedly NASBP is the association of and resource for surety bond be wondering where all the pea green Chrysler • Obtain Certificates of • Make change requests PERSONAL LINES Insurance. such as address or adding producers and allied professionals. As trusted advisors, LeBarons had gone, and S.W. might be wondering professional surety bond producers act in many key Kendra Ahlquist what exactly a “Toyota” is. And 16 bucks? Well, it • Print auto ID cards. vehicles/drivers. Keep in Connie Bertram mind, coverages are not roles to position their clients to meet the underwriting Grant Ellis certainly doesn’t go as far as it once did. D D • Notify Dawson of a claim or bound until you receive requirements for surety credit. Stacey Frolek, CISR loss. confirmation from our office. Christina Maynard Raeanna McCollum • View your policy information. Crystal Rosen 2 TouchPoints • Spring 2014 800.220.4514 • DawsonIns.com 3 ClientClient Spotlight Spotlight Client Spotlight Client Spotlight Corwin Automotive Group to be successful,” he says. “truck lifestyle area” that features a rural The most important of landscape with a large Russian olive Dawson Client Since: 2011 “We’re a fourth generation auto group the four, Tim says, is tree, native grasses, and an operating Founded: 1914 Family Driven that goes back 100 years. There are very windmill. Other amenities include special people, noting that the Website: www.corwinauto.com few of those in the country, and we’re company looks at employ- waiting areas for teens and young children, ees and customers equally fireplaces, and upscale bathrooms. “You Locations: Fargo, North Dakota proud to be one of them.” because “they are our num- won’t find anything quite like it anywhere (3); Jefferson City, Missouri (4); for 100 Years – Tim Corwin ber one asset.” else,” shares Tim. Springfield, Missouri (1); Kalispell, On the employee side, The same can be said about Corwin Montana (2); and Nampa, Idaho (1) Corwin Auto motive Group Automotive Group: A fourth generation Number of employees: 750 Fourth Generation Corwin Cadillac, Chevrolet, Chrysler, Dodge, Fiat, is diligent in its acquisitions to ensure that automobile company – which began as a Ford, GMC, Honda, Hyundai, Jeep, Kia, it brings on not only the right product line bicycle shop selling used cars on the side Founded 100 years ago on Auto Celebrating Centennial Nissan, Ram, Scion, and Toyota. at the right location, but also the right – celebrating its centennial. You won’t a dedication to customer “We’re a fourth generation auto group people. On the customer side, while find anything quite like it anywhere else. service, Corwin Automotive that goes back 100 years,” says Tim. “There customer satisfaction is important, Tim Family driven for 100 years, indeed. D Group has more than doubled In the early 1900s, New York City-born S.W. Corwin, are very few of those in the country, and says that customer reten- its locations in the last three who worked as a salesman for an implement dealership, we are extremely proud to be one of them.” tion is even more critical. and a half years. The company found himself transferred to Bismarck, North Dakota. In Since September of 2010, the company “We track retention very carries 16 automotive brands. has grown from five stores to 11 across carefully. It’s such a huge 1914, he purchased a bicycle shop that sold used cars four states and has doubled its number of part of the people compo- on the side, and thus began the company that would employees to 750.