Shepard Insurance Insights
What is your Client’s Number?
Success comes with plenty of responsibility. Whether your client decides to organize for that responsibility is the first question. Most do, but some successful people choose to ignore the responsibility. It starts with the number. How much of the clients net-worth is necessary to live the balance of their life, meeting all needs and obligations, [...]
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Poor Insurance Coverage is Worse than a 25% Market Correction!
Personal insurance coverages come with limits, terms, and then conditions that are critical components in being protected in the event of a claim. Periodic audit of personal insurance coverage is vital to being sure that coverage is appropriate for any claim. WHEN WAS YOUR LAST INSURANCE AUDIT? A full audit of a successful individual or [...]
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Dynamic Changes to Insurance Claim Statistics
Forty years ago when Shepard Insurance Group initially opened our doors property insurance for homes, condos, and townhouses was the crown jewel. Claims against insurance policies happened on average every 13 years. GUESS WHAT THAT NUMBER IS NOW? 5!!! Property damage claims for owners now are happening every five years. There is a lot in [...]
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Internet Driven Auto Insurance Puts the 1% at Risk
It may be viewed as an opportunity to find lower auto insurance rates by logging onto insurer websites and individually choosing your insurance coverage and cost. But this opportunity is just another tax on the 1%. And here is why: Driving an automobile is a responsibility. A responsibility that is backstopped by a requirement by [...]
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RISK MANAGEMENT – Burning Assets with Limited Protection
At Shepard Insurance Group we are often asked to review a successful family’s insurance portfolio. Providing a “Second Opinion” to a client who has put long term faith in their insurance agent, while enjoying the fruits of their success, can be very revealing. There is that occasion where the insurance is appropriate and the client [...]
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Special Needs- Leverage from the Grandparents
Over time our engagement in creating a plan for a child with special needs has become a more frequent occasion. Statistics now report that one in seven children born, will have special needs requiring added lifetime support for education, healthcare and more. It is a very complex discussion. First, a special needs child born to [...]
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