We Think Of Insurance as a Promise
Posted: July 21, 2022
Business and personal insurance update Many people look at insurance as a commodity, like buying car or a piece of furniture. Consequently, they become caught up in searching for the lowest price for the “product of insurance.” Insurance is less of a commodity and more of a promise or service. Promise vs. product Insurance is a promise from the insurer to cover your claim or...
When To Call Your Agent?
Posted: July 16, 2022
If you are shopping for personal insurance, including homeowner’s insurance, auto insurance, RV, boat, or motorcycle insurance, the process can be much easier than you think. Working with an independent agent will save you both time, and money on your personal insurance. But once you have insurance, don’t stop calling us. There are a number of reasons to stay connected with us. The more we...
Replacement Cost Coverage
Posted: May 23, 2022
Most homeowners and businesses buy insurance to cover the repair/replacement of loss of damaged property. Generally speaking, insurance companies do a good job of managing claims and helping the owners get their property back to a pre-loss condition. One important part of the insurance process is to understand the difference between Replacement Cost (RC) and Actual Cash Value (ACV) coverage. Let’s start with definitions of...
Proven Ways To Build Strong Insurance Relationships
Posted: May 16, 2022
The partnership between an insurance agent, an insurer, and a client is one of the most important in the industry. Carriers and the underwriters create policies and take on risks for insureds, whereas brokers assist their clients in finding the best insurance policies and carriers for their needs. The independent agent and broker are the industry's backbone. They are the primary channel of distribution for...
The Importance of an Annual Insurance Review
Posted: May 14, 2022
It is critical that every homeowner or business undertakes an annual insurance review. Regular reviews are equally essential to ensuring that your policy continues to be a good fit for your coverage needs and budget. In a single year, a lot can happen that can have a significant impact on your insurance costs, coverage options, and limitations, among other things. Among these are the following:...