Burton Insurance LLC’s Post

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

We’ve got some bad news and some good news to share! First, the bad news: insurance premiums are on the rise across the board, driven by higher costs and increased litigation, among other factors. The good news? There are some things you can do to help weather the current insurance market. Here are a few to keep in mind: ✅ Consider higher deductibles. This is not a good idea for everyone, but in some cases, it can make sense. Reach out if you’d like us to provide recommendations based on your specific circumstances. ✅ Don’t let your policy cancel or lapse. Unfortunately, carriers are not reinstating coverage as easily as they once did. If your policy lapses, they may require your premium in full before reinstating—or, depending on the carrier’s risk assessment, your policy could even be canceled. ✅ Don’t overlook tenure. Switching companies too often can hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier or if you’ve filed a significant number of claims in the past. ✅ Absorb small claims when you're able and save for catastrophic losses. Claim frequency is a huge factor in your coverage rates. Not a client but want help navigating the insurance market? Our team of independent insurance agents is here to help you shop the market for the best combination of price and coverage 🤝

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There’s a lot of inaccurate insurance advice on the internet, from fudging your personal information to turning down specific coverage. While this author highlights some extreme advice taken from the internet, they take the time to educate consumers on the good vs. the bad and share the “whys.” The two biggest takeaways here: 1) The only person you should really take advice from about your home and auto insurance is your insurance company or a licensed agent. 2) Read your policy. Understand what’s covered, and what’s not. Do this now, not when it’s time to file a claim. And if you have questions that send you down a Google rabbit hole, reach out to your agent. That’s what they’re there for! At Mutual of Enumclaw, we value our independent agency partners. Their insurance expertise and passion for helping our members understand their insurance options is clear. #HomeInsurance #AutoInsurance #PandCInsurance #InsuranceMyths #InsuranceAgents #InsuranceClaims

Can we be real for a minute? The insurance industry is so backwards. And here’s why … For centuries we’ve been saying that we always want the best for the insured. But that’s a terrible lie. And we all know it. If it was true then the insurance industry would be set up much different. Much different! We say we want the best for the insured, but then carriers will only appoint “certain” agents and not appoint the vast majority (or all) of them. So, it’s likely the insured won’t get a quote from some of the really good and competitive carriers in the marketplace. Why? Because, naturally, an agent isn’t going to tell their client they don’t represent a very competitive carrier because it’ll cause the insured to look for other agents to get quotes. Moreover … An insured might really like and prefer the agent, servicing team, and the services given by the agency and so they don’t want to switch brokers. But if that agency isn’t appointed with the carrier then they’d be forced to pay a lot more to stay with their preferred agent. And that’s wrong! 😡 THIS IS WHY OUR INDUSTRY NEEDS TO BE OVERHAULED. 🔜➡️ I propose that all P&C carriers (standard, surplus, captive, and direct) be required — if they’re going to sell insurance in a state, to allow every licensed agent in that state to be able to get a quote from them if they represent that insured. The carriers can appoint some (or all) agents directly, and can also use an intermediary for others to work through to get a quote. But I think that’s how it ought to be. Let’s level the playing field and allow the insured to choose their agent, based on service and relationship. Not because one agency just happens to have a special appointment. What do you think?