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Your Insurance Dollar: Pay for Advice, Not Marketing Campaigns

We’ve all seen those entertaining commercials featuring Geckos, ladies named Flo or some guy with the potential to bring Mayhem to our daily lives. They are clever and may even wind up winning a few Clio awards, but what value do they bring the insurance consumer? The primary theme of all these ads is price driven – save 15%! Or, pick the coverage and limits to match your budget – it’s that simple! Sounds great, right? Everyone likes to save money, so why not give them a call? Before you do, here’s what you should consider.

Low budget = bare bones coverage

The problem rests with an old adage – “you get what you pay for!” And, in this case you are not paying for quality protection, you are paying for multi-billion dollar advertising campaigns! When carriers spend literally billions of dollars on ad campaigns it means they have to cut back in other areas. Would it surprise you to know that the number one thing impacted by the cut-rate pricing is claim payments? Not just because they say no to marginal claims, but because those low-budget solutions usually provide bare-bones limits!

Invest in sleep insurance

Wouldn’t you rather get quality advice and counseling for your insurance dollar? Is the genie really going to be there when you have a claim? Probably not. We can dream of genies or we can sleep well knowing that you have invested the time and money to secure the proper protection. We call it sleep insurance!

What you can expect from NAP

Hilb Group (formerly New Agency Partners) does business with insurance carriers who value the advice and counsel of an independent insurance professional. Instead of spending billions on clever advertising campaigns, these carriers partner with insurance professionals to provide independent advice and counsel to clients across the country. Sure, access to an insurance professional comes at a slight cost, but think of all you get when you choose to do business with an independent agent like the team at Hilb Group (formerly New Agency Partners):

  • An advisor to design an insurance program to protect your balance sheet, not just a few dollars in your bill-fold.
  • A Claims Advocate fighting for you at the time you need us most.
  • A professional to shop the market, not just the first year, but every year to make sure your insurance coverage keeps pace with your lifestyle!
  • A Partner ready to recommend saving money by using higher deductibles and to apply those savings to high liability limits.
  • A comprehensive strategy to protect your insurance score from adverse experience that will inevitably drive up your insurance rates in the long term.

A final thought

When it comes to protecting your balance sheet, don’t cave in to trendy gimmicks and ads. Rely on the team of experts at Hilb Group (formerly New Agency Partners). If you don’t, you expose your balance sheet to the mayhem created by poor planning and short-term thinking. Having the right insurance might cost a little more in the short term, but should you have a claim it will pay for itself many times over! Investing the time to understand your insurance needs on the front end will help preserve your hard earned investments on the back-end. So commit those fifteen minutes to understanding the way insurance can impact your balance sheet not just trying to save a few bucks. The returns are much greater!

All insurance policies are different. Be sure to review your insurance policy for specific information about coverages available to you. Nothing in this post is meant to suggest a guarantee of coverage.