Why Homeowners Insurance Rates Are on the Rise

By now, you are probably seeing a lot of press about insurance rates.  In the last couple of weeks, it was noted in one of the financial journals that 11.6% of the inflation rate this year is purely insurance rate increases.  

One of my companies sent this out to us this week to further support their reasoning for their latest rounds of increases.  Unlike some companies, Auto-Owners is slow to increase their insurance rates by large amounts.  Even though we haven’t been informed what the latest round will generate, based on past history, the Auto-Owners rate increases usually aren’t ‘budget busters’ … Take a look below how they – and all of the companies out here – are justifying their rate increases this year:

We are watching this entire insurance market with a focus we have not had in many months – even years past!  We’re reviewing ALL renewals and trying to find the right combination of best coverage for best premium we can find.  Since we are independent, we have several companies to choose from and can shop the market for the best match for you!  

If you have questions or we can assist you in any way, please let us know and we’ll do our best to help.  If we can’t for some odd reason, we know WHERE to get the answers for you.  TEXT or Call us at 615.377.1212 or EMAIL us at info@BentonWhite.com.  We will know WHO you are, WHAT business you have with us and you will hear an English-speaking voice that is familiar with your account!!  We treat people like we want to be treated.  And if you are not with us, COME ON OVER …. We would love to earn your business too!

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