08/06/2024
π‘Is your home insured with Berkshire Hathaway GUARD Insurance Companies? Did you receive a letter that made you panic this week?
πWell we don't want you to panic - GUARD is pulling out of the Personal Lines market nationwide. This means they will no longer be offering Homeowners Policies as of October 2024. However, they will be insuring your home until your policy is up for renewal.
Also, they have entered into an agreement with Foremost Insurance to provide renewals offers for their current homeowners book. Most agencies have been offered these Foremost options, including First Choice!
We are going to be watching for those as they roll in and will requote with other carriers for you as needed. We have been told that they will be offering renewals with very minimal increases. π€π€ Fingers crossed that is the case. This is a very hard market we are in. We believe this offer, from a trusted name in the industry, will provide the best option for our Guard clients at this time.
Should we need to remarket for you, trust that we have all the markets available for our area and clients needs. We stay on top of current trends, pricing, coverages & limitations to make sure we offer our clients the best rates and coverages available in this hard market! Also while NEVER charging Agency Fees to shop your business for you!
If you are a current client, we are going to be calling and reaching out this week - If you do not have an agent that you have a personal relationship with - Why not try FCI? Your local, hometown, service first Insurance Agency!