There has been a lot of market volatility in the insurance industry over the last couple of years, which has led to rate increases. The root cause has been a growing number of severe weather events, resulting in more claims, with inflation on goods and services continuing to have an impact on the bottom line. Premium increases lead to questions by consumers, but who are they going to call?
For those who went to the insurance store, selected a boxed plan and proceeded to the checkout counter, who do you call for service? If you went the online route, do you have a dedicated person to handle your questions and concerns? Insurance is not one size fits all. Insurance products offer many endorsements, or optional coverage, which are not needed by every individual or family. A great insurance plan is one designed around the specific needs of individuals and families. When you have questions or concerns, or the need arises to alter or change your plan, having a personal agent is a great benefit. You know the number to call, or you have the convenience of visiting a local office for assistance.
In addition, an agent can explain the coverage provided in return for the premiums paid, including the promise behind the premiums. The terminology on declarations pages and in the policy outlining the coverage can be very confusing and hard to interpret. All of us could use a professional insurance adviser to explain the definition of insurance terms, what is and isn’t covered by insurance policies.
Agents offer the opportunity for confidential insurance reviews for periodic insurance checkups as you progress through the different stages of life. This can include making a significant purchase such as a car or home, adding first-time drivers, sending the kids to college, becoming an empty nester, divorce situations, becoming a blended family, approaching retirement, your policies are renewing, your rates have increased or just when you have questions.
Our local Farm Bureau agents stand ready to prove their value by making sure you are getting the best coverage for the least cost. Call or stop by one of our offices today.
