DYK:  Insurance, by its nature, is all about calculated risk assessment and pooled risk.  It’s about Insurers making educated guesses based on statistics about how likely you are to file a claim in the future and do they have enough incoming (premium) to cover the outgoing (claims and expenses).  We are licensed in eleven states.  Of these eleven, one is consistently in the 10 Lowest, Ohio. For the highest rates, Louisiana and Georgia often rank in the Top 10 Highest. The rest of our states (Illinois, Indiana, Kansas, Missouri, Nevada, Oregon, Texas and Virginia) typically are in between.  Yet there is one consistency among all states…rates have been going up over these past couple years! 

 

It hardly seems fair to those of us who keep coverage and have no incidents that our rates go up but this is where the “pooled risk” is a factor.  Less folks in the pool (i.e., the more who are driving uninsured) mean less premium coming into the company to cover the claims and expenses.  Plus, our company is paying out more claims to us, the insureds, to cover us when we get hit by someone un-insured.  The un-insured person was supposed to cover your loss.  Take a look around, if you know someone without car insurance, they are part of the reason your rate is going up.  Many of us keep our insurance but those who don’t (or are just starting out) are hit by even higher premiums since they are missing out on the Prior Insurance discount and/or loyalty and longevity discounts.  The prior insurance discount is one of the biggest discounts.  However long you’ve been insured, we shop the rates and always give you the best rate we find.  We even let you know to stay with your current carrier because your rate is good.  It’s been that way since 1994.

 

At Solo Insurance®  we shop the rates for you upfront and at renewals, always making sure you are with our best rate for your insurance needs.  Like us on Facebook, follow us on Instagram and Twitter @thesoloins. 

 

Solo Insurance®  800-207-7656  Get a Quote: https://www.soloinsurance.net/

-- Family/Veteran owned since 1994 –

 

#thesoloins #soloinsurance #carinsurance #autoinsurance #today #quote #veteranowned #solopet #insurance #usedcar #insuranceprofessional #smallbusiness #financialresponsibility #veteran #georgia #illinois #indiana #kansas #louisiana #missouri #nevada #ohio #oregon #texas #virginia #sr22 #sr-22 #atlanta #macon #savannah #columbus #chicago #joliet #rockford #peoria #champaign #bloomington #normal #springfield #indianapolis #indy #ftwayne #fortwayne #evansville #southbend #bloomington #gary #kansascity #topeka #wichita #olathe #salina #lenexa #hutchinson #overlandpark #neworleans #batonrouge #lafayette #shreveport #joplin #stjoseph  #kirksville #lasvegas #reno #henderson #carsoncity #cincinnati #cleveland #toledo #akron #dayton #portland #salem #eugene #medford #multnomah #columbia #astoria #bend #solow #klamathfalls #grantspass #sanantonio #dallas #houston #austin #lubbock #fortworth #elpaso #plano #laredo #corpuschristi #arlington #virginiabeach #roanoke #norfolk #richmond #newportnews #alexandria #williamsburg #appomattox #arlington #chesapeake #hampton

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Contact us
Facebook LinkedIn Google YouTube Instagram


® Solo Insurance® is a Registered Trademark.  Any use, in any form, is strictly prohibited.
© Copyright 2018. All rights reserved.
Powered by Insurance Website Builder