I just wanted to leave a quick message today about insurance inflation. It’s clear today that everything costs more than it did just a year ago. That includes building supplies, building materials, so if you own a building, whether it be a home or a business building, if you had a total loss today, it would be more expensive to rebuild that property today than it was just a couple years ago. So insurance has had the effect of inflation as well because insurance companies want to make sure that properties are insured to the right value.
We hear all the time in our business at that, “Why are we getting these price increases?” And we don’t control them, but the insurance companies control those, and while we have many options to help our clients find the right product to meet their needs with the right carrier, most of the time the conversation begins at price. But we are all the time educating our clients, talking about coverages. Because when you’re shopping for insurance, you might want the best price, but if you have a claim, I promise you, you’re going to want the best coverage, and the right agency and the right company to be there for you so you can be made whole.
So please keep that in mind when you’re talking to your insurance agent, when you’re doing a review. Make sure you have the right amount of coverage for a good competitive price, so that you can feel confident that you’ve got the best policy that your money can buy. Because that’s what you’re going to want when you have a claim.

Call Berryhill Insurance Group in Little Rock AR at (501) 868-9338