9/28/2021 0 Comments Rate Increases Are Coming!Once those filings have been reviewed and signed off, you will start seeing higher auto and home rates at your next renewal. When any insurance company starts paying out more in claims there typical response is to increase rates for new and existing customers. Typically the existing customer will see a smaller increase than a new customer switching over to that carrier, but there is still going to be a state-wide level increase regardless.
What can you do about these increases? The best thing to do is start shopping your rates around to make sure you are still getting the best possible price AND coverage for your specific situation. **A warning I will give you, as I have seen it hundreds of times over the last 18 months, is to not get fooled into slashing your coverage's when switching carriers.** When you get a quote, the safest thing you can do is to have your current declaration pages available to compare with. Since the onset of COVID, so many people have dropped from 100/300 in liability coverage ($100,000 per person/$300,000 per occurrence) to the state minimum of 25/50 in Georgia. Whether the agent who wrote that policy explained that to you or not is a big deal for two reasons.
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9/17/2021 0 Comments FREE Policy ReviewMaking sure that people have the RIGHT protection for their families is the most important thing we do. Whether we are your current agent or not, we will provide a FREE, unbiased review of your current policies to let you know where you stand. We will break down the areas that are good and point out any potential gaps in your coverage that could lead to a lot of money out of pocket if you have to file a claim. Not all agents or policies are created equal, and your unique situation needs to be addresses so you make sure you don't have a 'one-size-fits-all' policy. Serving Georgians and treating people the way we would treat our own family is how we operate. But with all the accidents that happen each day, our biggest fear is that so many people don't know what coverages they have and could end up in a financial hardship over one bad day. You have everything to gain and nothing to lose by having a better understanding of your insurance. So get your free policy review today and know your family is properly protected! |
AuthorThis blog will have articles written by members of Maverick Insurance as well as other relevant articles we find. We want to ensure you have the most up to date info on the insurance industry so you can make the best choices for your family! Archives
January 2023
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