Flexible Insurance Solutions

08/05/2025

School is back in and every parent is asking this question!

10/27/2023

This is why we always tell our clients to call us first, before filing a claim, so we can advise them. Never file a claim before consulting with your agent first.

She paid her insurance company more than $30,000 over 10 years but after $508 in claims in the same year, it dropped her.

09/27/2023

If you own a 2010 through 2019 Kia or Hyundai, CHECK YOUR VIN NOW to see if your car was part of today's recall. DON'T WAIT, THIS IS A FIRE RISK!
https://www.insurancejournal.com/news/national/2023/09/27/741960.htm

You can check your VIN using each manufacturer's website:
https://owners.kia.com/us/en/recalls.html
https://autoservice.hyundaiusa.com/campaignhome

Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and

09/07/2023

🏡 What happens to your home if it needs to be rebuilt due to a fire or storm?

All Georgia homeowners! 🏠

When it comes to your home insurance, one crucial factor to consider is Guaranteed Replacement Cost coverage. Let's break down why it's so important:

1️⃣ **Complete Peace of Mind:** Guaranteed Replacement Cost means that if your home is destroyed, your policy will cover the full cost to rebuild it, EVEN IF IT EXCEEDS YOUR POLICY LIMIT! No surprises, no gaps in coverage.

2️⃣ **Property Value Changes:** Home values can fluctuate over time. This coverage ensures your policy keeps up with the current cost of construction materials and labor, protecting your investment.

3️⃣ **Protection from Underinsurance:** Without this coverage, you could be left with out-of-pocket expenses if rebuilding costs exceed your coverage limits.

4️⃣ **Tailored Coverage:** Our team can help you customize your policy to ensure your home is adequately protected.

Don't take chances with your most significant investment. Let's make sure your home is covered, no matter what. Reach out if you have questions or want to explore your options! 🏡

09/05/2023

🚘 Managing Your Auto Insurance Claims: Why Avoiding Small Claims Matters!🚘

Today, let's talk about a crucial aspect of auto insurance – claim management. Did you know that avoiding filing small claims can benefit you in the long run? Here's why it matters:

1️⃣ **Maintain Lower Premiums:** Filing small claims might seem convenient, but it can lead to higher premiums over time. Insurance companies often consider your claims history when determining rates.

2️⃣ **Preserve Your Coverage:** Keeping your policy for significant incidents is essential. You want your insurance to be there when you truly need it for major accidents or emergencies.

3️⃣ **Save Money:** Paying for minor repairs out of pocket can be more cost-effective in the long term, especially when compared to increased premiums.

4️⃣ **Consult with Us:** Our team is here to help you make the right decisions about when to file a claim and when to handle expenses independently.

Remember, responsible claim management can lead to more affordable auto insurance and peace of mind on the road. Let's keep you covered without breaking the bank! 🛡️

08/26/2023

🚨 Attention Insurance Consumers: Brace Yourselves for Rising Prices! 🚨

Your home and auto rates are about to take a beating 😅

As we navigate through the ever-evolving landscape of the insurance industry, there's a crucial update you should be aware of. Insurance rates are on the rise (even more than what has already happened). Recent reports from industry experts, including the Insurance Information Institute (Triple-I) and Milliman, indicate that the Property & Casualty (P&C) sector is facing challenges that will likely lead to MORE increased premiums for many consumers.

Here's a quick breakdown:

1️⃣ The P&C industry's net combined ratio for 2023 stands at 102.2, which, in layman's terms, means they're paying out more in claims than they're receiving in premiums. A ratio above 100% isn't great news for profitability, and historically, such scenarios often lead to rate hikes.

2️⃣ Catastrophic losses in the first half of 2023 were the highest in over two decades. These unexpected costs often trickle down to consumers in the form of higher premiums.

3️⃣ Homeowners, in particular, should be on high alert. With a 55% cumulative replacement cost increase from 2019-2022 and the majority of the elevated catastrophes in 2023 impacting homeowners, it's clear that this segment will face significant rate adjustments.

So, what can you do to navigate this challenging terrain?

🔍 Shop Around with an Independent Agent! 🔍

An independent insurance agent is your secret weapon in these uncertain times. Unlike agents tied to a single company, independent agents have the flexibility to shop around and find the best rates from a variety of providers. We can help you compare policies, understand the nuances of each offer, and ultimately secure coverage that meets your needs without breaking the bank.

Remember, while the industry's broader trends might be out of our control, how we respond is entirely in our hands. By partnering with an independent agent, you can ensure you're making informed decisions that protect both your assets and your wallet.
Stay informed, stay proactive, and always prioritize value over price.

Reach out to today and take control of your insurance journey. 🛍️📑🔐

Contact us today: call/text 404 850 7501 email: [email protected]

Link is in the comments

08/22/2023

Saving Money by Increasing Your Deductible

As a homeowner, you can lower your insurance premiums by increasing your deductible. Your deductible is the amount you pay out-of-pocket before your insurance kicks in.

Let's say your home insurance policy has a $500 deductible and your neighbor has a $1,000 deductible. If you both experience $5,000 in fire damage, you would pay $500 before insurance covers the remaining $4,500. Your neighbor would pay $1,000 before their insurance covers the remaining $4,000.

By having a higher deductible, your neighbor pays less for their insurance premiums. However, they take on more financial risk if they need to file a claim.

Before increasing your deductible, make sure you have emergency savings to cover the higher out-of-pocket costs. Also, review the premium savings - sometimes small increases in deductible don't make a big impact on the price.

As you shop for home insurance, weigh the pros and cons of higher deductibles. And consider bundling policies or adding protections like flood insurance to save even more!

Let us know if you have any other money saving insurance questions!

06/23/2023

I hope that you find the below information useful and I hope that it helps explain what is happening in the insurance world today. It won’t matter what carrier you are with, this is an industry issue.

The insurance market place is tightening up and it's happening fast. It’s happening especially fast for auto and home insurance companies. Carriers are pulling a full hard stop on issuing any new policies across the country. Carriers are leaving the market or they are selling to other carriers/merging. They simply can't operate profitably in this inflationary market. It's getting downright ugly out there. This market is disrupted and it WILL affect you.

The cost of claims has risen exponentially in the past 2 years. Thus resulting in the carriers having to raise premiums and pull out of some markets. If you have an auto or home insurance policy, your rates have gone up. This isn't personal, it’s not based on a claim you may or may have not had, it’s simply the cost of doing business.

➡️ The cost to rebuild your home is up dramatically due to the rising cost of materials and labor. Supply chain for materials continues to be an issue. We can all agree that everything has gone up in price. Carriers simply can’t survive paying these higher prices without charging more themselves.

➡️ The cost to repair your car is up dramatically due to the rising cost of auto parts and labor to fix your car. In addition, parts in vehicles now include some technology feature. Replacing a side mirror used to be $500 - now it’s more than triple that.

➡️ The cost of medical care continues to skyrocket. Bodily injury on auto accidents is off the charts.

➡️ Litigation is expensive and settlements are rising at an unprecedented rate.

➡️ Both the frequency and severity of auto accidents are WAY up post COVID along with the rising frequency of auto fatalities.

➡️ ReInsurance (the insurance your insurance carrier buys to help cushion catastrophic loss) is at or approaching capacity in many markets, and rising rates are unsustainable.

This is a significant issue affecting the property & casualty industry (home and auto), and pricing correction is anticipated at least through 2024. This is a nice way to say - you will see rate increases more frequently.

There are some things you can do to help get through this current insurance market:

✅️ Consider Higher Deductibles. This will help save some money on your policy.
✅️ Safe Driving Telematic Programs. Telematics can reward you by giving you a discount for good driving.
✅️ Discount Reviews - make sure you're getting everything you're entitled to. Every carrier has different discount opportunities. Make sure you go over those with your agent.
✅️ Bundle your Auto and Home for more discounts and more stable pricing. Bundled/Packaged policies most always include better coverage and benefits and the cost savings is usually 20% on each policy.
✅️ Consider tenure - jumping companies too often will hurt you in the long run. In addition, some carriers won’t take you as a new client if you have less than two years with a carrier. And more importantly, carriers are getting off of some risks if a claim happens in the new business term or for the number of claims in a 3-5 year window. Tenure matters with a carrier.
✅️ Follow the laws so you don’t get any tickets. Those tickets really add rate to your policy and stay on your record 3-5 years, depending on the carrier.
✅️ Absorb small claims when you're able. Talk with your agent and let them claims counsel you should a loss happen. Stop using your towing or road side assistance as a maintenance policy. Frequency of claims matters it REALLY matters.
✅️ Buy your insurance from an experienced Independent Insurance Broker that has options and can help you navigate this crazy market WITHOUT SACRIFICING COVERAGE. Lowering coverages could ultimately cost you more money in a loss. WA State minimum $25k won’t cover half the cars on the roads these days. Once your limits run out, you are responsible for anything above that.

And, please remember that we are agents for the carriers. My teams are agents for the carriers. We don’t make the rules, we don’t have control over the rates and we don’t make the decision if your policy is cancelled by the carriers. We are here to help educate, make sure you have the best insurance for your situation at the best rate available, manage your account with the carrier, and claims counsel when needed.

As always, happy to help and I hope this message explains a little bit of what is going on in the insurance market place. And, please be nice to your insurance agent - we are taking the same increases on our own policies, navigating carrier changes and doing our best to help you through this.

Thank you,
Flexible Insurance Solutions
[email protected]
404 850 7501
www.flex-ins.com

06/02/2023

Happy National Donut Day! We hope your weekend is just as sweet. 😎🍩

05/28/2023

Our office will be closed Monday, May 29th in observance of Memorial Day. We will resume normal business hours on Tuesday, May 30th.

05/26/2023

🌞🎉 Summer is here, and school's out! It's time for sunny adventures and unforgettable memories with your loved ones. ☀️🏖️

Remember to be safe and proactive, and let us know if there is anything on your mind that we can help with - so that you don't have to spend any time worrying and can get back to the fun!

Let's make this summer a relaxing one! 🏝

05/19/2023

Insuring teenage drivers can be expensive, but it's worth it to keep them safe on the road! Take advantage of the good student and safe driver program discounts available with your insurance carrier to get some good savings.