Your Insurance Premiums on the Rise? As an insurance broker, I’ve been getting a lot of questions lately about why insurance premiums have been on the rise in the past year. It’s a complex issue, but I want to take a moment to break it down and explain some of the factors that have contributed to the increase. 1) COVID-19 – Insurance premiums? One major factor is the ongoing COVID-19 pandemic. The economic downturn caused by the pandemic has led to an increase in claims for things like business interruption and event cancellation. At the same time, many insurance companies
Read more →Why an Independent Insurance Agent? by John Lorince | March 16,2021 Not all insurance agents are the same! Choosing the right one can make a big difference – in price, service, and value. With other captive agencies, you get one company like State Farm or Allstate that sells one brand of insurance. And this is not a knock on them at all. They have a full blown marketing engine behind them with all of their TV ads. However, with an independent insurance agent like John Lorince you get intelligent choices based on the best options. Why? Because independent insurance
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