I wanted to thank you for being a client of E. Goodwin Insurance Agency. I know many of you work with me and many of you work with Nicki as well. We both value you as a client of ours. You have a renewal of one of your insurance policies coming up, and I wanted to let you know how we are dealing with the current market conditions. As you know, inflation is affecting our lives in just about every way imaginable. We feel it at the gas pump, at the grocery store. I went to Lowe’s over the weekend to pick up some lumber for a project and I was shocked at what that cost me.
So as you can imagine, the insurance industry is also facing increased costs and their rates are going up a little bit as they are having to pay more for building materials and to make repairs to our buildings, our homes, to our cars. They’re starting to charge higher rates as a result. In Ohio, I’m seeing rate increases on the average of around 5%. The rest of the country, it’s a little more aggressive. We’re fortunate in Ohio. 5% or so is pretty much what I’m seeing.
I wanted to let you know what we’re doing about that. Every day we get a report of the insurance policies that are coming up for renewal, and it tells us if the rates are going up or if they’re going down. If your rates are going up, our system automatically drops your policy into a quoting engine, which quotes a dozen or more insurance companies on your behalf. We look at those rates and if there’s a better option, we are going to let you know. If your current insurance company is the best option, we’re going to let you know that as well. We also check to make sure that you’re receiving all of the available discounts. Be that a multi policy discount, safe driving discount, claim free discount, senior discount, good student discount and more. We audit those policies every year to make sure you are getting the discounts that you deserve.
So we view our job as to help guide you through the current market conditions. We know that price is important, but we also know that when you need your insurance, the protection is important as well and it’s really what matters most. We want to make sure that you are protected properly for the best possible price. So if you would like to discuss your renewal with me or Nicki, please give us a call. We always love hearing from you, but know that we are actively looking out for you 24/7. Thank you for being a client of E. Goodwin Insurance.
Call eGoodwin Insurance in Marion OH at (740) 387-8335