Brand New Belongings Insurance

I saw a Nationwide Insurance ad last night that talked about "Brand New Belongings" insurance. The insurance industry has long called this replacement-cost coverage.  I love the phrase, "band new belongings" though.  The term is more descriptive and more easily understood than replacement cost.  Brilliant. Great marketing, Nationwide. My … [Read more...]

When An Independent Agent Is Not Independent

First time I have heard this in thirty plus years. Bank hires me to review their coverage and help with their renewal. I think we need to see other insurance companies, as it has been a few years since there was any competition on the account. The bank tells me of an agent who is a depositor and seems to be good. I call the agent. I'm told … [Read more...]