Show Notes 00:00: Hard Market vs Soft Market: What is it? What’s the difference?03:14: What is an exposure?05:14: How does hurricanes and wildfires affect your insurance in Missouri?08:24: How do insurance companies make money?13:48: Mutual vs Stock Insurance Company: Is one better?15:23: Reserve requirements: What are they and the impact they have on insurance companies […]
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Insurance Company vs Insurance Agency
Insurance Company vs Insurance Agency – these terms are thrown around synonymously all of the time. Yet they are two distinctly different entities. What is an Insurance Company? Insurance Company is who you pay your premiums to. Your Insurance Agent may take the money from you, but the Insurance Company is who ultimately receives payment. […]
Don’t Get Caught with Your Business Pants Down
You think to yourself, “my business needs liability insurance.” Here’s the caveat, there isn’t a generic or one-size-fits-all approach to ” business liability” insurance. There isn’t one form of liability that will cover all of your needs. Don’t get caught with your business pants down. General Liability Every business should have a General Liability policy. […]
1% Better Everyday
Icy Friday’s call for Flannel Shirts. Imagine if you could become 1% better everyday? Today we change it up from our normal content centered around insurance to an interview with Austin Evans, owner of Fit Republic & Lean Kitchen Company. Show Notes 0:45: Finding your “why” to a healthier you. 2:07: How did Austin get […]
Independent Agent vs Captive Agent: What’s the Difference?
Independent Agent vs Captive Agent: What’s the Difference? Insurance Companies Represented Independent Agent: Indie Agents work with multiple insurance companies. Understand, the Indie Agent does not work for any one insurance company. They have contracts with these companies, in turn they can offer their products. Captive Agent: They represent one insurance company. When you contact […]
10 Ingredients That Impact Auto Insurance
It’s inevitable, your auto insurance premium will increase over time. Like it or not, there is nothing we can do to stop it. I could stop writing here and tell you your premium increase is due to a rate increase. Although that may be partially true, there is more that behind the scenes that drives […]