My agency has made a big push to get in front of all of our clients to review their coverage’s. I do believe some people are reluctant to come in because they think we are going to try and sell them something else. The truth is, more often than not, we save people money. We help uncover the most efficient way to spend your insurance dollars. How many ways have we done this you ask:
1. We have saved people 10% by just changing the ways they pay their premium
2. We have saved people $$ because they carry an outdated deductible (who carries a $250 on their homeowners policy anymore?)
3. Insurance premiums are credit based. We can rerun their credit score and if it is better than when they signed on, we lower their premium
4. We have removed coverage they no longer need, like rental reimbursement on their auto insurance. If you have 3 cars and 2 drivers, you don’t need this coverage or the $80 per year it costs.
5. We have actually added coverage for an ATV which cost only $75 annually, and it lowered their home and auto insurance $120 a year. Free insurance!
6. We have removed drivers on the policy that are no longer drivers.
7. We have taken an older homeowners policy and rewritten it into our new homeowners policy which is more cost efficient and saved them money.
These are just some of the ways that we can lower some costs. The other reason we go over your policies, is to make sure your coverage is adequate. Your insurance needs are fluid. They evolve with your life. The insurance needs of a family with a youthful driver are much different than a single 25 year old male. The more you have to lose, the more insurance you need. Often times we end up saving people money and reinvesting those savings into more coverage. They end up paying the same amount for proper coverage.
The last reason I like to get together is to remind people the scope of what I can provide. I can write more than just home and auto. I also write health, commercial lines, workers compensation, commercial auto, toys, motorhomes, boats, medicare advantage programs, bonds, life insurance and more. I have worked hard to provide whatever you may need.
Do yourself a favor this year, and review your policies with your agent. Or you can get a hold of me!
