Shepard Insurance Insights
Taxes making you flee to Florida?
What you should know about buying a Florida home: Successful individuals and families are slowly becoming aware of the new limit on tax deductions for State and Local Tax (SALT), and the resulting increase in their taxes. Some of those people are actively planning on a move to a state without state income tax, such [...]
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Four Things Your Client Wants from their Insurance Professional
Are they getting it? At Shepard Insurance Group we routinely are asked by Wealth Managers and Investment Professionals to provide a "Second Opinion" on their client’s insurance protection as a value added effort. By a large percentage we routinely find two issues. Clients do not have appropriate coverage for their individual needs, and many are [...]
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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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