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.
We take protecting families seriously. And our role is to be an advisor, not a salesperson. We find out what your specific needs are and make sure to give you options based on that, not a 'one-size-fits-all' policy that could leave you vulnerable. Additionally, if we are not the best fit right now, we will be the first ones to say so. No slimy sales tactics or high pressure junk. Because in the insurance world we know that just because it may not be the best right now, doesn't mean it never will. As your life and situation changes so do your insurance needs, and we are here to serve you and show you the level of service you should have been receiving all along from your agent.
Being a veteran, my first concern is treating people right and at the very least explaining how your policies work so you walk away with a better understanding. If we are able to help you and are entrusted with protecting your family, you become part of our family. And there is nothing on this earth that will stop me from making sure you get treated the way you should and are taken care of when you need us the most. So please feel free to reach out anytime and we will gladly answer any questions you may have and even give you a free policy review so you know what your current policies cover (and more importantly, what they DON'T).
Want to make sure you have the right protection for you family? Call us today at 678-719-0678 or click or scan the QR code below to get a free quote. We make sure everything is set up correctly up front so you never have to worry when something happens!
You have nothing to lose. So get your quote today and see the level of service you should be receiving from your insurance agent!
Making 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!
This blog will have articles written by members of the Stephen Turner Agency 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!