July 5, 2023
AgencyHow Insurers Make Money
Insurance companies primarily make money in two ways: from investments and by generating an underwriting profit—that is, collecting premiums that exceed insured losses and related expenses. It all begins with underwriting. Insurers, whether life or nonlife, must assess the risk and gauge the likelihood of claims and the value of those claims. Insurance companies invest […]
June 15, 2023
AgencyHow Telematics can help you save on Auto Insurance
Telematics uses wireless technology to monitor and troubleshoot a wide variety of vehicle performance information in real time. It makes possible many common and useful applications you may already be using such as onboard GPS, OnStar, and other security features. This technology can also help you save on auto insurance by allowing you to prove […]
June 6, 2023
AgencyCAR THEFT IS ON THE RISE: WHAT SHOULD YOU DO?
Pacific Northwest drivers are at high risk of walking out to their parked cars and finding nothing but an empty space. Washington is now the third-worst state in the nation for auto theft, according to new stats from the National Insurance Crime Bureau (NICB), despite being only the 13th most populous state. That places it behind No. […]
May 24, 2023
AgencyHard Insurance Market and Its Affect
In the context of the insurance industry, a “hard market” refers to a market condition characterized by various factors that drive insurers to adopt a more cautious and defensive approach. These factors include increased claims activity, social inflation affecting jury awards, stock market fluctuations, inflation, overall economic conditions, availability and affordability of reinsurance, the end […]
May 15, 2023
AgencyRivian R1T Fender Bender Turns Into $42,000 Repair Bill
Back in February, Rivian R1T owner Chris Apfelstadt was rear-ended in a pretty low-speed fender bender. The rear bumper looked a bit damaged but nothing too serious. However, after taking it to a certified Rivian repair shop, Apfelstadt said the total repair cost was an eye-watering $42,000. According to Apfelstadt, the other driver’s insurance company estimated the repair […]
May 5, 2023
AgencyWildfire Prep and Prevention
While wildfires happen more frequently in the western United States, nearly every state has been devastated by fires in the last century. And each year, hundreds of homes are destroyed as more people choose to live closer to nature. Before a wildfire Create a defensible space, at least a 30-foot noncombustible zone around your home. […]
May 4, 2023
AgencyWelcome to Our New Website
Our dedicated staff of insurance professionals are here to assist you in securing an insurance policy to protect you and your loved ones for years to come. With a vast knowledge of our many carriers, we are equipped to shop for the best policy to suit your needs. Our job is to help you navigate […]
April 24, 2023
AgencyState of Auto Insurance in 2023
Car insurance rates are expected to increase by 8.4% across the U.S. in 2023, amid the increase in drivers returning to the road. That’s the biggest jump in car insurance costs in the past six years. The average cost of full coverage car insurance across the U.S. is $1,780 per year. ValuePenguin used the Quadrant […]
April 12, 2023
AgencyEverything You Need to Know About Service Lines
If you don’t know what service lines are, you’re not alone. Simply put, service lines connect your home to electricity, gas, water, sewer, internet, and cable lines. They run through or underneath your property and connect from your house to a city’s main supply for these services. This also includes pipes that run from a […]
April 4, 2023
AgencyHeavy Rain? Be on the Lookout for Heavy Damage
Your home protects you from the elements, but heavy rains can weaken that protection. With a little maintenance and a lot of vigilance, it’s not hard to stay safe and dry. Spring rainstorms are a fact of life in many areas of the country, and they help keep things green, even if they keep you […]