Phillip Greer’s Post

Assuming certain risks or items are covered without checking your insurance policy can lead to unexpected financial stress. Insurance policies have specific terms and exclusions that dictate what is and isn’t covered. For instance, you might believe that your home insurance automatically covers flood damage or that your car insurance will cover repairs if you’re at fault in a collision. However, it might not be true. Flood damage and collision coverage are often optional and not included in standard policies—you must add them separately. To avoid costly surprises, always review your policy or consult your insurance broker to ensure you understand your coverage and exclusions. #PrimeServiceFacts #CarInsurance #HomeInsurance #InsuranceBroker #PrimeServiceInsurance

It’s not like you have no insurance coverage at all, but just that your coverage comes up short when you need it most. Imagine you’re covered for $10,000 but your actual expenses are $20,000. Or if you’re protected against fire damage, but a flood destroys your home. 😭 Don’t let this be you. Speak with our licensed insurance experts today to help you take care of any gaps in coverage: https://lnkd.in/gcxVfSbN #JargonFree #Insurance

Did you know 🤔 ? - Your insurance company cannot raise your rates when you file a claim due to natural disaster damage. When it comes to insurance claims, many people fear that their rates will automatically rise if they file a claim. While this can be true, there are other factors at play as well. One important factor to consider is the frequency of claims in your area. For instance, if a major natural disaster like a tornado hits your community, causing widespread damage and numerous claims, it could lead to a more significant increase in insurance rates across the board. It's essential to understand that insurance rates are influenced by various elements, not just individual claims. By being aware of the broader picture, you can make more informed decisions when it comes to filing claims and managing your insurance costs. At our company, we strive to provide clarity and support to our customers, ensuring that they are well-informed and empowered to make the best choices for their insurance needs. We are here to deliver the expertise you need while treating you with the care and attention you deserve. #WagnerRoofingAndConstructionSolutions #Trust Wagner #Defiance #Dayton #SaintLouis #RoofInsuranceClaim #TrustTheProcess

Did you know 🤔 ? - Your insurance company cannot raise your rates when you file a claim due to natural disaster damage. When it comes to insurance claims, many people fear that their rates will automatically rise if they file a claim. While this can be true, there are other factors at play as well. One important factor to consider is the frequency of claims in your area. For instance, if a major natural disaster like a tornado hits your community, causing widespread damage and numerous claims, it could lead to a more significant increase in insurance rates across the board. It's essential to understand that insurance rates are influenced by various elements, not just individual claims. By being aware of the broader picture, you can make more informed decisions when it comes to filing claims and managing your insurance costs. At our company, we strive to provide clarity and support to our customers, ensuring that they are well-informed and empowered to make the best choices for their insurance needs. We are here to deliver the expertise you need while treating you with the care and attention you deserve. #WagnerRoofingAndConstructionSolutions #Trust Wagner #Defiance #Dayton #SaintLouis #RoofInsuranceClaim #TrustTheProcess

Did you know? Your retaining wall might not be covered on your insurance policy. 🧱 Many clients believe their household insurance policy automatically covers their retaining wall, but in reality, cover for retaining walls under the storm, wind, water, hail and snow peril is specifically excluded from most insurance policies. Most insurers will require an engineer’s stability report before they will agree to issue cover for retaining walls. When cover is issued, it is noted separately on the policy documentation with its own insured value and will most certainly be subject to an additional premium. If you’re not sure whether you have cover, contact your RRIB Broker - https://www.rrib.co.za/ #ReidRaetzer #RRIB #ReidRaetzerInsuranceBrokers #RetainingWall #HouseholdInsurance

Provide your insureds with wind and hail coverage where it matters most. We cover a limit of insurance for wind, hail, tornado, named storm, and all wind events covered under traditional property policies. We offer whatever limit your insured can afford, but we start paying from the ground up over a small, manageable deductible. #RealEstate #Insurance #WindDamage

Facing double-digit insurance rate increases in 2025? Citizens Property Insurance Corp. is proposing an average 13.5% hike for the most common homeowners’ policies. While Florida's insurance market shows signs of improvement, these rate increases will impact many across our state. Rate hikes are capped at 14% for primary residences and 50% for non-primary residences, affecting over 1.2 million policyholders. These changes reflect ongoing efforts to stabilize the market and reduce financial risks from devastating hurricanes. For homeowners, understanding these shifts and planning accordingly is essential. Let's navigate these changes together and ensure that your coverage meets your needs in these dynamic times. #InsuranceRates #FloridaHomes #RealEstateUpdates #CitizensPropertyInsurance #HomeownersInsurance #MarketStability

It's not just single-family homes facing affordability, "Higher premiums are raising the price of homeownership and making it harder to sell some units" #getquoll #quollintelligence #climatechange #climaterisk #insurance #financialprotection https://lnkd.in/gGkfzgBZ

Don’t wait until it’s too late – wildfire season is here. Review your homeowners insurance to know what is and isn’t covered. Proper insurance coverage can help build resiliency and the ability to recover and protect your future. More information here: https://lnkd.in/gzu9fmaU #wildfire #insurance #homeownersinsurance #Arizona

Life changes—make sure your coverage does too. Check your home, flood, auto, life, and business insurance today. Need help? We're here for you! #InsuranceChecklist #StayCovered #ComegysInsurance