Rate increase?

It seems like everything is increasing. Interest rates are high, car prices have skyrocketed, and the cost of our daily necessities continues to rise. Insurance premiums and rates have followed the same upward trend. Every major carrier has issued increases over the last few years, with a few more expected in the upcoming months. This has been an industry-wide trend, and no carrier is immune to the rising costs. There have been multiple factors that have caused the increase. In Oklahoma and Texas, the unprecedented storms and following claims have caused insurance carriers to apply stricter underwriter rules and raise premiums. While we have never seen a market like this, we remain optimistic! We continue to believe in our carrier’s products and commitment to the best coverage for our clients. We also believe that this market will settle. Until then, we are here for you! We can discuss your policy and find options for you. That may be enrolling in a telematics program or moving to a new carrier. There has never been a better time to work with an independent insurance agency!