Case Study

An informed insurance buyer can best control costs and see true options when their insurance is bid out to muliple carriers.

The first test of our bidding system with a condo association on the Ceorgia coastline resulted in a saving of $9,000 annually with much improved protection. A year later, despite a warning from an adjacent association that they had received a large increase in their premium, our client renewed their policies with no increase in premium. When an insurnace company knows that a premium increase will likely trigger a new bid process, they are less likely to raise premiums and risk losing the account.

Also in that same year a wind storm event severely damaged several roofs and the association received $30,000 in claim payments which they would not have achieved under their prior coverage. Of course, most situations are not this dramatic, but this demonstrates that quality of coverage matters. The value of a true independent expert reviewing your insurance coverage and conditions can really pay off if you ever have a claim.

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