Erin Newell’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 🤝

Unsure how your roof affects your insurance? It's time for a chat with your agent. Annual check-ins can save you from surprises. https://lnkd.in/gAFtXXW6

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

INSURANCE INDUSTRY UPDATE: The insurance industry is changing, and it’s affecting us all. As your local agent, I want to help you understand a little more about what’s happening, why it’s happening and what you can do to potentially lessen the impact of these changes on your insurance. WHAT’S HAPPENING? While insurance providers are responding differently, most are making adjustments, like raising premiums, putting a pause on new policies, or, in some cases, choosing to stop offering coverage in certain states altogether. WHY IS IT HAPPENING? Multiple factors are leading to these changes. Severe weather events and the number of accidents have gone up, causing more frequent and extensive claims. Plus, inflation and supply chain issues continue to drive up the cost of labor and materials, making it more expensive to settle home and auto claims. WHAT CAN YOU DO ABOUT IT? I encourage you to reach out to me so we can talk about ways to help you save and keep the protection you need. Historically, markets adjust, but there may be options available to you now to better manage the current industry changes. Please contact me or email us at www.timengleagency.com if you have questions or would like to set up a time to review your coverage. Agency phone 785 539-9200

So when it comes to insurance claims many people may not realize how important it is when you receive money for a claim that you are not or pocket the money and not make the repairs. The reason this is important say you had a claim to make some repairs to the roof as an example not a full replacement of the roof but to replace a section that had damage and you didn’t keep receipts to show proof. Let’s say a hailstorm comes and the insurance company is now asking for proof of prior repairs and you can’t produce the documentation showing the repairs were done it will most likely lead to the denial of the claim. Then you are left paying the entire cost of a roof which can be 35 k or more. Keep in mind documentation is super important especially in the current market in which insurance companies are pulling out of many markets and premiums are on the rise and coverage is less. You need to work with a great insurance agent that is local who will be there to help guide you. Need a referral to a great independent insurance agent let me know. Any questions feel free to reach out to me here.