Josh Barouh: Who’s Got Your Back?
Thirteen years of my insurance career was spent working as a Senior Sales Representative for one of the major national brands that you see advertised on television and online almost every day. The issue that I continually faced was that I could not put my clients’ interests first. Each week someone would say, “Josh we […]
3 Life Insurance Myths That Could Hurt Young Families
Source: Marvin H. Feldman, CLU, ChFC, RFC, CEO emeritus of Life Happens When you’re just starting out, it often seems that a dollar never stretches far enough. And with new commitments, such as buying your first home or having children, comes the responsibility to make sure your loved ones will be provided for financially, no […]
4 Things You Probably Don’t Know About Your Life Insurance at Work
For the first time ever, more Americans have employer-provided life insurance (108 million) than have individual life insurance coverage (102 million), according to a new LIMRA study. And while that statistic sounds good, it actually hides a few important facts you should understand. 1. There’s more to the stat than meets the eye. When you […]
What Happens When a Car is Considered a Total Loss?
The first step in determining whether a car is totaled (or, in insurance terms, a total loss) is to calculate its actual cash value (ACV) at the time of the loss. The ACV is how much your vehicle is worth after factoring in depreciation. On average, vehicles depreciate more than 20 percent the first year […]
Why Auto Insurance Rates Are On The Rise
1. Frequency of auto claims are on the rise. More cars are on the road and more miles are being driven every day due to higher employment rates and ride-hailing services. • The national unemployment rate dropped to 3.7% in November 2018, the lowest it has been since 1969. • Of all the modes of […]
2019 Outlook: Rates, Deductibles Likely to Rise Again in Texas Homeowners Insurance Market
Source: Insurance Journal Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate increases in the state over the past couple of years and that’s going to continue, according to Jim Gavin, […]