Dear Trusted Clients:
Premiums are going up. It may have you scratching your head and wondering, “Do Insurance calculators only add? What happened to the subtraction button?” In this time of increased inflation, it’s frustrating to see that even your insurance premiums are starting to push the dial.
The explanation for this is simple. As the cost of goods increases, the cost of insuring them increases as well. Take the used car market, for instance. Used cars are in high demand, and, as such, are worth more. Therefore, the cost of insuring them is more as well.
The same explanation can be used for the changes in your homeowner’s insurance. As the costs of renovations and remodels have sky-rocketed and the overall housing market has exploded, home-insurance premiums have also risen.
As your local, independent insurance agency, our team has relationships with more than two dozen companies that allows us to find you a policy with the right coverage at the right price to meet your individual insurance options. We can assure you, we are always on the look-out for the best match that meets your needs, even as the landscape shifts. The Keating Agency is here for you.
Give us a call if you have any questions.