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When you understand more about the pricing tricks of church insurance, you will be able to keep more money for your ministry. First, understand that even two identical churches in the same town with similar loss histories will have differing premiums because it depends on how they chose their pricing options.
Before starting, you should understand that church insurance is not a ministry. While it can help you with your ministry, companies do not provide coverage as a charitable act. As it is with other insurance companies, their goal is to extract as many dollars as possible while paying out as little in claims as possible. This does not mean that insurance for church is worse than others, but churches tend to place trust in these companies because of that specialization, and that trust could cost you a small fortune. Second, look at competitive quotes each year and notify your current provider because if you fail to do anything after your renewal time, your costs will almost always rise, even if you had no claims that year. If you do not show signs of shopping for other insurance providers, you could see as high as a five percent increase. Do not be afraid to make your insurance agent nervous because a nervous agent is your best friend. Never fall in love with your agent. While you certainly want a good relationship with them because they will respond more favorably, we have witnessed churches that paid thousands of dollars extra and sometimes for less coverage because they liked their agent. Never forget they are a business. Finally, review your safety procedures each year. The less accidents that occur on church grounds, the less that you should be paying for church insurance. Remove things that will pose a hazard. You can combine policies to receive a greater discount, and you will then have the ability to redirect the money saved into your faith-based mission. Call Pachuta Insurance Today @ 706-769-2262 Sources: Church Insurance Management GuideOne
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Ever asked your insurance company if they offered discounts? If not, you are not alone. According to a survey from InsuranceQuotes.com, less than 16 percent of Americans asked about discounts that could lower their rates, such as driving less than 5,000 miles each year. To get these discounts, you have to proactively ask for them said Laura Adams at InsuranceQuotes.com.
Each year, you should call your auto insurance provider to see if you qualify for specific discounts. These discounts include:
If you drive less than 5,000 miles per year, you will often pay eight percent less each year than individuals who drive 15,000 miles per year. Defensive driving course discounts will vary from state to state, but in Georgia, a six-hour defensive driving program will give you a 10 to 15 percent discount on your car insurance. A simple inquiry about discounts could help you discover new discounts that could save you hundreds per year on auto insurance. While this seems simple enough, four out of five Americans say that they have not done it. If you are married and 20 years old, you could pay 21 percent less for your insurance policy than if you were single. After age 30, you will save two percent. Despite the massive potential for savings, only 13 out of 100 people said they thought to notify their insurance company about getting married. In addition, auto insurance companies view people with certain jobs as safer drivers. For example, teachers, nurses and accountants are often viewed as safer drivers, yet less than 10 percent of people have asked if their job will make them eligible for a discount. To receive a discount on insurance, all you have to do is ask. Call Pachuta Insurance Today @ 706-769-2262 Sources: CBS News Forbes In today's world, you cannot listen to your radio or TV without someone proclaiming that they can save you money on car insurance. In addition, a push to help shop for auto insurance quotes seems to be helping. According to the J.D. Power 2015 U.S. Insurance Shopping Study, 39 percent of customers have requested auto insurance quotes with competing companies. Increased from 32 percent in 2013, only 29 percent of those who received quotes switched to a new provider.
Researchers based the 2015 study on the responses of more than 15,600 consumers who received price quotes from competitive car insurance companies in the last nine months. What increased this trend? Because of the rising insurance rates, customers are being forced to search for a policy that will save money. However, the interesting aspect of the study came from the fact that fewer than expected that are switching providers. When customers seek out insurers, they look for clear and effective communication about the policy options. Consumers must make sure the policy will meet their needs, and they should ask about discounts as well. In 2015, shoppers who switched insurance companies have averaged $388 in savings, which is compared to $340 in 2014. The study found that satisfaction with purchases rose 12 points up to 833 in 2015. The price factor improved 13 points since 2014. On a nationwide scale, auto insurance companies increased their rates an average of 2.1 percent in 2014, which follows an increase of 2.5 percent in 2013. While price does play a crucial role in policies for consumers, you have to consider other critical factors to have a positive experience. For example, what does the policy cover? If you have to file a claim, that will be the moment of truth for customers. As a customer, you want to search for car insurance providers who display their policy information in a clear manner to prevent complications when trouble strikes. Call Pachuta Insurance Today @ 706-769-2262 Sources: Nerd Wallet JD Power In a recent multi-year agreement that included title sponsorship of all-digital all-star balloting, Esurance, the home insurance company, has become the exclusive home insurance partner of Major League Baseball. In 2011, Allstate Corporation bought Esurance in a $1 billion deal, but neither Esurance nor MLB has disclosed the financial terms of the deal.
Esurance plans to collaborate with MLB, their television network, website and modern awards platform, which aims at ten of millions of baseball fans who will often watch the three-minute highlights more than the entire game. In the Esurance Super Bowl commercial from last year, they grabbed the attention of more than five million viewers who tweeted #EsuranceSave30. Why would someone tweet this? People tweeted this to compete for a $1.5 million prize, and the Jimmy Kimmel show revealed the winner. In addition to partnering with MLB, Esurance coordinated a deal to partner with three-time World Series champion Buster Posey. Esurance and MLB want to modernize the experience of baseball with digital balloting and other things. As the months progress, Esurance plans to unveil their other plans for partnership with MLB. This could include 360 marketing efforts, a newly developed modern awards platform and digital and social assets. Instead of the traditional punch cards, MLB will start using ballots via tablets and smartphones. Fans can access this via the 30 team sites, including the Atlanta Braves' website. The Executive Vice President of Major League Baseball has said that a modern approach from this insurance company will help to advance baseball technologically. He has stated that they want to continue to enhance the experience for fans using technology. The partnership with Esurance will modernize the experience for fans across numerous platforms. Esurance, a home insurance company, modernized the insurance industry with their smart technology, and now they have taken a step to doing the same with baseball. Call Pachuta Insurance Today @ 706-769-2262 Sources: Bloomberg Business Businesswire |
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PACHUTA INSURANCE
1031 Village Drive, Suite A
Watkinsville, Georgia 30677
johnny@pachutainsurance.com
(706) 769-2262 (Office)
(888) 769-2262 (Toll Free)
(706) 769-2282 (Fax)
(706) 201-1901 (Mobile)
1031 Village Drive, Suite A
Watkinsville, Georgia 30677
johnny@pachutainsurance.com
(706) 769-2262 (Office)
(888) 769-2262 (Toll Free)
(706) 769-2282 (Fax)
(706) 201-1901 (Mobile)