08/20/2026
After 5+ years as an agency owner, I believe one of my most important roles is helping people understand insurance. It can help avoid confusion in the future.
Don’t think of insurance as a savings account: I pay money in, so eventually I should get that money back out.
Money that policyholders pay for insurance are to pay claims, operating expenses, and the costs of major events and catastrophes. Insurers also must remain financially strong enough to pay claims when those difficult years come.
Here are a few things more people should understand:
🔴Insurance is designed for unexpected losses—not routine expenses. Frequent claims can affect your risk profile and what you pay for insurance.
🔴An insurance policy isn’t a maintenance contract. Normal wear and tear generally aren’t what insurance is designed to cover.
🔴There isn’t coverage for every possible situation. Every policy has limits, exclusions, and conditions. Knowing those before a loss matters.
🔴Price matters but constantly chasing the lowest premium isn’t always the best long-term strategy. Your insurance history, coverage choices, and other rating factors can all affect what you pay.
I do not make the rules. I educate people about how insurance works and help them make informed decisions.
Sit down with your agent every year or two to review your coverage. Your life changes. Your insurance plan should keep up with those changes.
Insurance is a lot easier to navigate when you understand what you’re buying before you need to use it.
