cost of insurance

Are all insurance companies created equal?

May 21, 2019 / 0 Comments

Surprisingly, the answer is no. It is easy to get caught up in the advertising gimmicks only to find out otherwise when you have a claim. What one needs to do to adequately protect themselves is to read the contract. That’s right; the policy between the insurance company and yourself is a contract. Not all…

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Market Value vs. Replacement Value – Why are they different?

July 17, 2018 / 0 Comments

You finally found the perfect home that suits your needs to purchase and now you need insurance to finalize the sale. You get the insurance quote and it says, in this example, dwelling is $350,000. How can that be? I offered $750,000 to purchase this home! Why are the numbers different you ask. The answer…

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You Gotta Know……

May 11, 2012 / 0 Comments

There are a lot of reasons to buy insurance.  Auto insurance for the fender bender, homeowners insurance for the house burning down or burglary, business insurance if for no other reason than because people will sue. All of those reasons are good enough for me.  Sign me up…….but there are plenty of you out there…

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My Business, Why Insurance

April 27, 2012 / 2 Comments

When you start a business one of the last things you think about is insurance, but it should be as close to the top of the “to do” list as possible.  Why?  Insurance is required for opening an office space and getting a loan   Accidents don’t care if you have just started.  When they…

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But I Have Insurance

January 20, 2011 / 0 Comments

When you sign an application for insurance coverage (auto, home, etc), you are signing a contract.  The “do’s and don’ts, who does and who doesn’ts” of the contract are spelled out in the insurance policy. I understand not reading the insurance policy when you receive it.  There are people in the industry, even selling the…

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Close But Different

October 7, 2010 / 0 Comments

There are some policies in the insurance world that are, at first glance, the same. A homeowner policy. You own a home and need to insure it, get homeowners insurance, your done. Mission accomplished. A few years later a different agent comes along and says he can give you homeowners insurance for less cost. He…

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A Tragedy From Which to Learn

September 15, 2010 / 1 Comment

As a lot of you know, dogs, their possibility to bite and the cost of claims on the owners homeowners policy for medical care and litigation has been a concern to the insurance industry for years. You just can’t charge enough in annual premium to cover tens of thousands in claim dollars. Now, the recent…

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One Guarantee

August 6, 2010 / 0 Comments

I just got off of the phone after a conversation with a VERY frustrated and confused person. I quoted Toms auto insurance account and he absolutely could not understand why he has to pay more for his policy than Chuck at the garage, Fred and the gym and Susie at bakery. In the case of…

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CHASE THE DOLLAR AND GET A SPEEDING TICKET

June 4, 2010 / 2 Comments

I was listening to the radio on the way into work and heard three ads from three different auto insurance companies, each saying they can save you the most money while giving you the finest coverage. My thoughts aren’t that they are wrong or misleading but that constantly chasing those savings dollars can cost you…

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Mr. Hunter, his woolen and be beginning of insurance

March 4, 2010 / 0 Comments

Insurance as we know it today started in Mr. Edward Lloyd’s Coffee House in London, England in the late 1600’s. To understand the beginnings I am going to introduce to you a fictional Mr. George Hunter who owns a woolen mill in north central England. Mr. Hunter has a wife, two children and his woolen…

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