So you got this month’s bill and your premium has gone up. What now? It can be frustrating and exhausting when your premium is constantly fluctuating. You want the best premium possible for your situation.

Work with a broker to shop all of your options for the best cost and coverage. This is your best bet when it comes to finding a lower premium.

Our owner, Pat Brennen, explains this more and how Entrust Insurance can help.

My Premium Has Increased! What Are My Options? – St Clair Shores, MI

Video Transcription

“You’ve gotta shop and see what else is out there. Every company will rate you differently. So even though your cost with Company A is going up, that doesn’t mean Company B, C, D and E may not have more advantageous costs for you. Some companies paid out more losses than others did. that’ll affect their base rates. Entrust insurance–we’re doing a lot more work over the past couple months in shopping out our clients policies, because we’re seeing more of them increase. We’re having to make more adjustments. The policy, specifically the homeowners policies at renewal, more coverage is being added to them to combat the increase in lumber, building materials costs, labor increased costs. So these policies are naturally both adding more coverage, and the rates are going up because of prior losses. So we’re doing a significant amount more work in terms of quoting and moving and shifting people around than we have in previous years.”

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