Robertson Ryan Insurance

Motor vehicle accidents are one of the leading causes of workplace injuries—and their impact often extends far beyond vehicle damage. Here are four practical ways employers can help reduce… | Acuity Insurance Motor vehicle accidents are one of the leading causes of workplace injuries—and their impact often extends far beyond vehicle damage. Here are four practical ways employers can help reduce driving-related risks and create a safer work environment. Read the full article to learn how motor vehicle a...

This happened to one of my friends/agent, don’t be this client. If you’re finding huge savings somewhere else, you know something is wrong with the coverage, it’s not just magically cheaper.

One issue, is a lot of these guys with the ones mentioned below suck you In with new client rates just to win the business and then at renewal they raise you hundreds and hundreds of dollars, hoping you won’t notice.

Feeling 😡. Had an Allstate agent call one of my 67 year old clients to do a quote. The client had recently retired and was looking for any way to save money. The Allstate agent said she could save her $700/yr. My client told her that she was going to check with me first because I’ve been great, but the Allstate agent told her that she must set up the policy today to get all discounts. My client called me to cancel her policies. I knew something was fishy because I just helped her with a $25k water claim. I asked to see the Declarations pages. The Allstate agent set up her policy with a 4% ($12k) wind/hail deductible. (Current policy has 2% ($6k) wind/hail deductible). Allstate agent also offered lower personal property, lower liability, etc…. When I pointed out those differences, my client was livid. That’s not the right way to do business! Don’t be that agent!

Insurance Tip of the Day: (Deductibles)
Raising your deductibles can save you hundreds of dollars per year on your premium.
If you are willing to self-insure a little bit more by paying slightly more out-of-pocket at the time of a loss, you are often making that money back through the savings on your premium anyways.
For example, increasing your deductible from $500 to $1,000 can create meaningful savings year after year, while only increasing your responsibility during a claim by $500.
Insurance policies are not designed to be maintenance policies. They are designed for catastrophic or major financial losses.
If insurance is constantly being used for smaller claims, it can lead to higher premiums over time and make insurance significantly more expensive long-term.
The goal is not just to have insurance. The goal is to structure it intelligently around the risks that would actually create financial hardship.