ALLCHOICE Insurance is proud to welcome a new member to our family. A resident of the Lake Jeanette area of Greensboro, NC recently moved his family’s personal insurance (Home, Auto, & Umbrella Liability) from Nationwide and saved 22%.
While ALLCHOICE’s primary concern is to properly protect our clients assets, it is always nice when we can save them a little money as well!
Its hard to believe, but today (August 9th, 2010) marks the 6 Year Birthday of ALLCHOICE Insurance!
The road has not been easy, but the ride has definitely been worth it. While I am blessed to be the proud father of three (3) amazing children, I am also the proud parent of ALLCHOICE! I have watched as the ALLCHOICE has gone through the stages of developmental progression (crawling, cruising, walking, talking, etc). As “this baby” has matured, I am proud to know that nothing has been given to us. I am proud of the long hours. I am proud of the hard work. I am proud of the sacrifice.
Most importantly, I am proud that ALLCHOICE has allowed me to be a part of so many great people’s lives.
To all of the ALLCHOICE Family I say, “Thank You”!
Starting July 1st of 2010, ALLCHOICE Insurance launched its Referral Rewards Program. Though the Program was launched with little publicity (ALLCHOICE wanted to have a limited release to work out any kinks), ALLCHOICE is pleased to announce the following customers referred at least one person/business:
Joe Prateska – 4 Referrals
Richard McCraw
William Mitchell
Bills Crews
Jason Felten
Herb Parks
Kriston Gallop
The winner of the Monthly Prize (drawn at random) was Jason Felten!
Find out how Jason Tripled the number of entries for this month’s drawing as well as tripling his entries for the Annual Grand Prize (New Flat Screen TV) by being a member of the “Total Protection Club”
North Carolina House Bill, HB 813, transforms North Carolina Insurance Negligence Law from a Contributory to Modified Comparative. While I will continue under the premise that you have no idea what either of these terms mean, one thing you will understand is that the change could raise your insurance premiums! Some estimates show the immediate impact could be as much as 11%!
The North Carolina Insurance Federation has created a website that discusses the proposed change and also gives you the resources to contact your State Senator about the vote. Please visit the site and take action immediately.
According to a recent North Carolina Insurance Department – North Carolina Farm Bureau Rate Filing
North Carolina Farm Bureau Insurance (NC Farm Bureau Mutual Insurance Company & NC Farm Bureau Insurance Group), filed for (was granted) a Homeowner’s Insurance Rate Increase with the North Carolina Department of Insurance. The overall rate change is 7.3%, however, the amount of the increase varies dramatically, ranging from -9% to +44%. In addition to the rate increase, NC Farm Bureau Insurance is also revising several of the stated deviations (deviations are how Insurance Carriers provide both discounts and increases when pricing a policy).
Important Deviation Changes
Base Rate Deviations – Farm Bureau is revising their territory base rate deviations, and introducing a Multi-Policy Component. The deviation between a Homeowner’s Policy with an accompanying auto insurance policy and a Homeowner’s Policy with-out an accompany auto insurance policy is generally between 5-7%. Meaning, a “Home Only” policyholder will see a larger increase than policy holders who have both Home and Auto Policies with Farm Bureau.
Enhancement Deviation – The purpose of this deviation is to temper the increases that result from the combination of other deviation changes. From the filing, the larger increases will occur for newer homes insured for over $400,000 & with Deductibles of $1,000 of higher.
For more information about North Carolina Homeowner’s Insurance, Jack Wingate, or ALLCHOICE Insurance, please visit http://www.allchoiceinsurance.com
ALLCHOICE Insurance Spokesperson, Cooper Wingate, wants everyone to “feel better”. If this rendition of a “classic” doesn’t make you feel better, we don’t know what will!
Erie Insurance has been named to Fortune 500′s Annual List of America’s Largest Corporations.
Erie Insurance rose from 686 on the list in 2009 to 484 in 2010.
Erie’s CEO stated “Size of Revenue is alone not something to strive for. What pleases me (T Cavanaugh) is that our revenue base is made up of millions of satisfied customers who see the value of our balance sheet, insurance coverage and, most importantly, the Employees and Agents who serve their needs 24/7, 365 days a year.”
This honor comes just as Erie Insurance prepares for its 85th anniversary.
About The Author: Jack Wingate is Co-Founder & President of ALLCHOICE Insurance in Greensboro, NC. For more information about Erie Insurance, Jack Wingate, or ALLCHOICE Insurance; please visit: http://www.allchoiceinsurance.com
ALLCHOICE covers insurance for
all companies, including technology, manufacturing, property management, contractors, small business and non-profit organizations.
ALLCHOICE provides Health Insurance for individuals, families and small businesses. We offer Co-Pay Plans, HSA's, Medicare Supplements, and Dental Insurance.
