David Call, Owner of Ryan Everet Insurance, talks about what’s going on in the market place currently for insurance. Whether you’re seeing an increase in home, auto, business auto, or RV insurance, it’s all affected by the rising amount of claims being paid out by all insurance carriers on the property side of the biz.
There is no company that is unfazed by the larger claim payouts being paid out right now.
THERE IS A SOLUTION!
Working with an independent insurance agent is the very best way to purchase insurance. You have someone that is shopping around on your behalf with your interests in mind unlike a captive insurance company agent. Captive agents only have one option and they can’t help but be biased and say it’s the best option available – because that’s all they have to offer.
Being an independent agency is the best way to go. We like to be different than our competitors by spending time to educate you on your coverage. You can still have great coverage in this rising marketplace, but you may have to take on a little more risk somewhere if you want your premiums to stay lower. The best way to do that is usually in the form of raising your deductible from $500 to $1000 on your car insurance and then maybe going with the next increment deductible for your home insurance. You still want the insurance company to insure your home for $475,000 or $975,000 – whatever it costs to rebuild at the time of a loss. Whether you have a $4750 deductible or $5000 deuctible will be negligible at that point.
Call a professional at Ryan Everet Insurance if you’re looking for home insurance Denton, TX and we’ll be happy to see what is available for you!