1000 Lake Avenue
You also want to know how much it costs to work with an independent agency like ours?
We can tell you the answer to both questions, you’ll probably like the answer to the second question better.
The answer to how much insurance costs is, it depends.
The answer to how much it cost to work with our company is, nothing (for the most part).
It depends because so much of the cost of insurance is based on your specific information.
We are paid commissions directly by the insurance company and those commissions are built into the price of whatever policy you buy.
That means, if you try and do it yourself, you're paying for a service you're not getting.
Of course, there are a few exceptions to this rule.
Below is a list of items that determine the cost of insurance.
To roll out a “package 1, 2 or 3” pricing table isn’t possible.
But because we know pricing is very important to you, we wanted to do our best to answer that question as quickly and effectively as possible.
Here’s an example of what auto, home, health and life insurance costs for the “Smith’s” family of four. (Note this family example is completely made up)
Medical Mutual HSA 6000
Medal Level: Bronze
Deductible - $12,000
Monthly Price - $765.60
Medical Mutual HSA 3000
Medal Level: Silver
Deductible - $6,000
Monthly Price - $1,073.78
Banner Life - OPTerm 20
Term (length) - 20 Years
Amount - $500,000
Monthly Price: $94.50
Monthly Price: $93.63
Other Structures: 33,000
Personal Property: $247,500
Loss of Use: $99,000
Personal Liability: $500,000
Medical Payments: $1,000
Annual Price: $1,135
Number of Drivers: 4
Number of Vehicles: 3
Bodily Injury: 100/300
Medical Payments: $5,000
Property Damage: $100,000
Collision Deductible: $500
Comprehensive Deductible: $500
Six Month Price: $1,236
Remember, prices do change on a monthly basis most of the time, except health insurance - which is now on a yearly schedule.
This is just an example to help you get an idea of what you can expect to pay for your different types of insurance.
We will also be adding a few more family example for you to compare soon.
Find out if we're the right insurance agency for you.