Penny Insurance

06/23/2026

⚠️ NC Homeowners: Your rate just went up — here's the truth.

As of June 1, 2026, North Carolina homeowners insurance rates increased by an average of 7.5%. That's the second half of a two-year, 15% increase approved by the NC Department of Insurance — far less than the 42% insurers originally requested, but still real money out of your pocket.

Here's what nobody's telling you:
🔘Overreacting to a rate increase by opting for cheap, one-click coverage available via mass-market brokers will do you more harm than good.
🔘A below-average hurricane season forecast doesn't mean your rates will decrease.

What does all of this mean? It means that it's the right time to have an expert review your coverage.

We've been protecting Western NC and Upstate SC families since 1931. We're certified independent insurance agents, meaning that our loyalty is to you and your needs, not a limited range of coverage options. One conversation could make a significant difference.

📞 Hendersonville: 828-692-9171 | Tryon: 828-859-6700
🔗 pennyinsuranceagency.com

06/16/2026

families are prioritizing experiences again, with 93% planning to increase domestic travel and 81% planning more international travel, according to Chubb's annual Wealth Report. 🛳️

But increased travel can also increase exposure:
🚨Vacant homes
🚨Cyber vulnerabilities
🚨Jewelry and valuables risks
🚨Water damage
🚨Liability concerns

Luxury lifestyles deserve -- and we would argue, necessitate -- proactive protection.

Before your next major trip, let’s make sure your homes, valuables, and liability coverage are checked and ready for bon voyage! ✈️

Even with it being peak travel season, we still have time to review and fine-tune your coverage. Contact us today at [email protected] or call (828) 692-9171 - don't delay.

06/16/2026

Affluent families are no longer choosing insurance based on price alone.

The top priorities for families are identified in Chubb’s annual Wealth Report as being:
▶️ Financial strength
▶️ Claims handling expertise
▶️ Personalized service
▶️ Broad protection
▶️ Strategic guidance

When a major loss happens, coverage details matter. Claims experience matters. Expertise matters.

That’s why many successful families work with independent agencies like ours that specialize in high-net-worth protection. We’ve been serving , , and beyond for 95 years and counting.

📞 Reach out to us for a confidential review — (828) 692-9171. It costs you nothing and could mean everything.

06/13/2026

Everything’s bigger in Texas! The Penny family celebrated BIG with twin daughters Samantha and Clancy, who recently graduated from SMU. 👩🏼‍🎓👩🏼‍🎓🧑‍🩰🧑‍🩰

Samantha earned a Bachelors of Fine Arts in Dance Performance from the Meadows School of the Arts and a Bachelor of Arts in Creative Advertising from the Temerlin Advertising Institute.

Clancy earned a Bachelors of Fine Arts in Dance Performance from the Meadows School of the Arts, with a Minor in Psychology. They have plans to move to New York this fall to pursue musical theatre, dance, film and TV opportunities, and creative advertising.

Way to go, ladies! We are all so proud of you! 🎉

sammy 🤸‍♀️🪩🧚 Clancy SMU Division of Dance SMU Temerlin Advertising Institute

06/12/2026

Building wealth is one thing. Preserving a legacy is another.

According to the Chubb Wealth Report:
• Only 51% of affluent individuals have a will (😲 Yes, you read that right.)
• Only 26% have an estate plan (😬 yikes)

Too many families spend decades building wealth without preparing for how it will transfer to the next generation.

Insurance, estate planning, liability protection, and asset preservation all work together.

The best legacy plans protect both wealth *and* family harmony.

📩 Reach out for a conversation about holistic protection planning. Call us today at (828) 692-9171. We are licensed to write coverage in NC, SC, and many other states.

06/10/2026

91% of affluent homeowners are concerned about climate change impacting their property.

Luxury homes today require more than standard coverage.

High-net-worth families are investing in:

🪟 Impact-resistant windows
🧯 Fire-resistant roofing
🔋 Whole-home generators
🌧️ Flood mitigation
🧱 Resilient construction materials

The right insurance partner helps you prepare before disaster strikes — not just after.

If you own a high-value home, vacation property, waterfront residence, or estate, now is the time to reassess your protection strategy.

🏡 Let’s talk about safeguarding your home for the future. Follow the link below to download a PDF of the full Chubb Wealth Report.

https://pennyinsuranceagency.com/blog/2026/06/01/2025-wealth-report-wealth-protection-risks/

06/03/2026

Many affluent families are dramatically underinsured — without realizing it.

Continuing with the key findings coming out of Chubb North America's annual Wealth Report:

🟡 81% of families do not carry excess liability coverage. ☂️
🟡 74% of HNW families do not have an estate plan. 🏘️
🟡 77% of HNW families don’t insure newly acquired valuables. 🖼️

Being successful creates financial stability, but it also increases complexity. Complexity can, if not carefully monitored, lead to worrisome exposure.

A comprehensive insurance strategy isn’t about planning against fear or anxiety. It's about protecting the lifestyle you’ve built, what matters to you.

Let us come alongside you to identify any gaps before they become costly problems. Here's how:

- Consider 📞 scheduling a personal coverage review today. It's complimentary and can only help.

- Drop "Report" in the comments (or via private message), and we'll send you the full Wealth Report PDF.

06/01/2026

Cybersecurity is now the #1 concern keeping affluent families awake at night.

❌ Not inflation.

❌ Not the stock market.

❌ Not real estate.

According to Chubb's annual Wealth Report, HNW households are increasingly worried about AI-driven scams, cyber fraud, hacked smart homes, and digital identity theft. Yet only 41% carry standalone cyber insurance. ⚠️

Bottom line: Your homeowner’s policy may not fully protect you.

If your family, finances, devices, and home are connected — your protection strategy should be, too. That's where we come in.

Here are two action items you can take right now for greater peace of mind:

☎️ Call us and let's schedule a time to chat through your needs. It's completely free. We can review your current coverage and give you our honest input.

📩 Drop "report" in the comments (or DM us) and we'll send you the full copy of Chubb's annual Wealth Report.

05/27/2026

⛈️ The rain we've experienced for the better part of a week now has caused flooding and landslides in Western North Carolina, including Henderson County, as reported by WLOS ABC 13. Please exercise caution as you are driving, and of course, reach out to us immediately if this impacts your home or business.

_______________Follow WLOS on social media:WLOS ABC 13 News on F...

05/21/2026

We recently had the honor of attending and serving as a sponsor of "Our Turn to Play," UNC Asheville Bulldog Athletics signature annual scholarship fundraising dinner dedicated to celebrating the achievements of female student-athletes and advancing opportunities for women in collegiate sports. The event brings together donors, alumni, and community leaders to ensure talented Bulldogs have the resources to compete at the highest level. Our VP of Business Development, Lynn Penny, also serves on Our Turn to Play's board of directors.

Congratulations to the Bulldogs for setting a new fundraising record at this year's event! 👏🏼

History made 💙

Our annual Our Turn to Play Scholarship Dinner set a new fundraising record, creating more opportunities for Bulldog women’s athletics. Thank you to everyone who made it possible!

https://uncabulldogs.com/news/2026/4/29/cross-country-our-turn-to-play-scholarship-dinner-sets-fundraising-record-for-unc-asheville-athletics