Samantha Nguyen-Le State Farm Agent

08/13/2024

Let’s put a few myths to bed that I see floating around out there:

1. “Insurers are making record profits while raising rates”

This is very easy to fact check. Insurers of autos and homes have been losing their shorts since 2021. Billions and billions of dollars to quote Carl Sagan. Some have gone under. The rest have tightened their eligibility rules.

2. “80% of your insurance premiums go into the pocket of your agent”

This whopper is being bandied about at times by lead aggregators - folks that get you to click their bait and sell your information to 6 or more insurance companies and charge each company $10-50 for the same lead and will continue to sell it for years to come.

The agent makes about 8% on your premium before salaries, rent, utilities, furniture, marketing, taxes, etc. This leaves about 2-3%, or $2-3 a month on a $100 a month premium.

3. “All insurance companies are the same. Just go with what’s cheapest.”

Two problems here - pricing is constantly changing and adjusting so there is a difference between cheapest today and who is consistently priced right year after year.

Second - companies are not the same. Why would they be? What other industry can you think of where it’s all the same? It’s not. There are good carriers and bad ones.

Nobody is happy with increasing rates. But insurance has faced the double whammy of inflation AND rates being held down for over three years during Covid. They can’t “write off the loss” or print money or borrow it. They are required to maintain a large reserve in case of catastrophic loss. Of which we’ve had many lately.

Thanks for reading this.

02/15/2024

My wonderful State Farm Team is on the front lines.every.day. Just a repost because they get yelled at on the hourly/daily by customers upset that premiums are up and our office doesn’t have any control over premiums….

Insurance is like a pizza.

We all pitch in and buy an extra large, figuring we’ll get a slice or two.

So when a guy takes six pieces, we know one of three things happen next.

1. We’re going to have to buy a bigger pizza next time, costing us all more.

2. The six-slice guy pays MUCH more next time.

3. The six-slice guy isn’t invited next time.

Claims are up about 45% from the Covid shutdown era. 45% more pizza has been eaten and paid for.

So we’re all paying more, especially the six-slice guys. Many of them are non-renewed (and mad about it).

Yelling at the folks at the pizza store (who have absolutely no control over any of it) serves only to send them home at the end of the day sad and frustrated.

Until the six-slice folks stop driving like maniacs and/or calling in anything and everything that happens to their home - and until the cost of ingredients for pizza go down, this is the hand we’re dealt unfortunately.

Why can’t the greedy insurance companies just make less? First, if you’re insured by a Mutual company (State Farm for example), YOU’RE the company. You own it. It’s like a big co-op, we all pitch in to pay the expenses. There’s no money-printing machine to make up the difference.

Second, insurance companies held the line on premiums last year hoping trends would change. They lost their shorts. Big time.

We gotta eat less pizza, pay a little more. And we’ll get through this.

08/28/2023

Our Agency is looking to grow our Team!

If you like helping people while having a work/life balance, please email your resume to [email protected].

01/31/2023

Our office will be closed today due to bad weather, but we will be working virtually. Please call the office at 817-466-3000. Please be safe out there!

09/15/2022

In search of a P&C and L&H licensed individual with solid sales experience. Apply if you are looking for a work/life balance. Bi-lingual Spanish or Vietnamese a plus! Salary + Bonus with a great work/life balance.

02/09/2022

Happy Birthday to our Customer Service Rep, Nayeli! We celebrated with a few of her favorite things.

07/06/2021

Are you looking for a happy and family oriented work atmosphere? Are you bilingual in Spanish? Join Samantha’s State Farm team today!

05/29/2021

Thank you to those that served and sacrificed for our freedom.

04/10/2020

During these uncertain times, we are your Good Neighbors.

StateFarm is committed to the health and safety of associates while minimizing interruptions to customers. Digital communication will continue and is encouraged

03/27/2020

As your local State Farm Agent, we are still open for calls at 817-466-3000 from 9:00 am - 5:30 pm M-F. Let our Agency make your ‘New Normal’ as normal as possible.

- Samantha

To any of our customers currently facing financial burdens, call your State Farm agent because we’re here to help make this “new” normal, feel just a little ...

03/16/2020

Dear Customers: We appreciate your business and sincerely apologize for any inconvenience this business decision may cause.

Due to COVID-19 coronavirus, our office will remain OPEN but will not be taking any walk-in business at this time protect our team and you.

Please call us at 817-466-3000 for any questions or immediate assistance.

We will continue to work as usual with the hours of 9:00 am - 5:30 pm. Call us anytime @ 817-466-3000 even after business hours. Keep in mind, during this time, our 24 hour service will pick up, but we will return your calls from our office personally within 24 hrs.

We have plenty of systems in place even as a small locally owned office to ensure our clients are taken care of.

We are a small business and can’t survive without a healthy team.

May you and yours stay healthy. Thank you for your understanding in these unprecedented times - Samantha