We have been on a journey for over a year to educate both agents and buyers of insurance about the most effective way to secure insurance and risk management services. It appears our work may be paying off. We are seeing more and more articles related to the buying and selling insurance that include titles […]
As you consider your business insurance, we invite you to think about this subject in the much larger spectrum of “Total Cost of Risk”. Your insurance program is more the premiums you pay Total Cost of Risk is the sum of the costs arising from all of the risks faced by an organization. Risks can […]
We hope you never have an accident or loss. But if you have a loss, knowing that your claim is covered by insurance will help. That’s what insurance is all about. And, if you understand the claim filing process, you will find that you will have fewer headaches and your claim will be resolved much […]
When you secure or purchase insurance, do you think about your risk? Most people think about one or two factors when buying insurance; premium and limits. Very little thought is given to the design of the insurance program or qualification of the agent. The result often leads to frustrated consumers who sadly realize, “My claim […]
The definition of incorrect thinking is to repeatedly take the same action and expect a different outcome. As you think about your insurance program for 2017, it is time to expect a different outcome. This will cause you to consider different actions. To accomplish this, two things need to happen. First, redefine how you define […]
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 […]
Shoppers are always looking for that next big sale or deal. When it comes to purchasing a 46” HDTV, it is easy to identify all the features you want, and then shop for the best price. In fact, many retailers might even negotiate with you to get your business. When selecting your insurance, you cannot […]
Most people think, “If my policy has replacement cost coverage I am ok, right?” Well, maybe not. The term “replacement cost” means “the cost to replace the property on the same premises with other property of comparable material and quality used for the same purpose.” A Common Myth “My policy has replacement cost coverage, so […]
The definition of incorrect thinking is to repeatedly take the same action and expect a different outcome. As you think about your insurance program for 2017, it is time to expect a different outcome. This will cause you to consider different actions. To accomplish this, two things need to happen. First, redefine how you define […]
Most people would think that having a standard insurance policy written from a reputable insurer is the most important thing you need to protect yourself. Let us consider a different way of thinking. We use a phrase around our office that describes how we think; “An insurance policy is only as good as the agent […]
