Shepard Insurance Insights

Hold Back for Depreciation The #1 reason to insure with a premium contract! In previous issues of our blog, we have written about the benefits of selecting a premium insurance contract (written by a company like Chubb), over a basic policy underwritten by the vast majority of insurance companies that you listen to advertising on [...] Read More

Name Your Price Auto Insurance A Hidden Tax on Success! It is impossible to miss if you turn on the TV or listen to your radio. A group of auto insurance companies luring drivers with advertisements suggesting you can “name your own price” for insurance coverage. So, let’s be honest, this process is an effort [...] Read More

Frigid Air Weather in the Teens over the Christmas Weekend! Climate continues to be a challenge and a concern, this time with frigid temperatures dropping into the teens. As we focus on the holidays, give some thought to the extreme cold and the concern that pipes may freeze and create an ice palace in your [...] Read More

Construction Cost Inflation Puts Basic Home Insurance at Risk Limited Replacement Cost is a Problem Recent construction inflation numbers indicate that material costs have risen by an average of 36% nationwide! 36% is a problem for many homeowners who have chosen a basic HO-3 insurance policy form that includes the Limited Replacement Cost endorsement. “Recent [...] Read More

Automobile Premium Control Tips Weather Disasters Prompting More Focus One has to notice when even GEICO has gone five quarters without making a profit, that these weather events with flooding and fire are having a substantial impact on auto insurance premium increases. “Premium inflation due to claims suggests a refocus on how you should view [...] Read More

Eliminating an Inconvenience Where is my Identification Card? If you happen to be one of the unlucky drivers that gets pulled over by the police for any reason, the two things they ask for is your registration and then your insurance ID card. If you are highly organized with every renewal of your auto insurance [...] Read More