Monthly Archives: February 2014

You describe the multi-policy and multi-car discounts as “valuable.” How valuable are they?

The multi-policy discount can add up to a premium saving of five to twenty-five percent per policy, depending on the particular insurance company.  It is a valid inducement for you, the insurance buyer, to purchase all of your policies from a single insurance company.  To not avail yourself of this great cost cutting opportunity would… Read More »

Why are there so many auto insurance policy options today and can they really save me money?

By our latest count, there are around twenty insurance companies actively advertising auto insurance today.  The Warren Buffet / GEICO-led hyper competition to gain auto insurance market share has pushed companies to conjure up all sorts of premium discounts and gimmicks, some good and some not so good.  Discounts range from the older multi-policy, multi-car and claim… Read More »

Consumers Can Minimize Homeowners Insurance Non-Renewals, Rate Increases

A new first-of-its-kind independent consumer survey conducted for the Independent Insurance Agents and Brokers of America (IIABA) confirms that non-renewals and premium increases are becoming more common in the current homeowners insurance market.  However, there are significant steps that homeowners can take to protect themselves in spite of these circumstances, says IIABA and its Trusted… Read More »

Auto “Gap” Coverage

Getting a new car is usually fun and exciting, but having a total loss on a new car causes a double-whammy:  It’s the emotional loss of your “brand new car” and the shocking realization that the loan or lease balance can be greater than the amount of the insurance payment. -continue reading-

A Dentist’s Painful Error and Omission

A dentist had a very large patient with a history of becoming quite agitated when the dentist suggested gas to anesthetize pain.  Prior to this particular appointment, the patient had gained even more weight and would not fit in the dental chair.  There were restraining straps available to the dentist, but the patient’s large posterior prevented… Read More »

Oh, Now That You Mention It

We always say we insure people, not objects.  What the following story lacks in humor, it more than makes up for in irony –  a client interview not soon forgotten:  A man walks into an insurance agency and says he wants to buy liability coverage for his dump trucks. The agent did not know the man, so he spent some additional… Read More »