Archive for February, 2011

Minnesota Business Insurance

By admin on February 23rd, 2011

Why you need Minnesota Business Insurance

You have worked hard putting your business together and it is a huge investment. Unfortunately, disaster can strike no matter how conscientious of a Minnesota business owner you are.  A fire could wipe out all your profits and even destroy your Minnesota business. The key to making sure all your time, efforts and money you have invested in a business doesn’t disappear when a disaster strikes is to Read & Comment ›››

Why does my Minnesota home insurance keep increasing?

By admin on February 11th, 2011

Why does my Minnesota home insurance keep increasing? 

 

Minnesota home insurance is on the rise again in the North Star State.  The major influence is the weather related losses.  Storm activity and the fact consumers have become seasoned to expect a new roof, new matching siding every time it hails only adds to the staggering overall costs. Unfortunately, insurance can only go up when Minnesota insurance companies payout more than they take in.  In recent years many carriers paid out $1.40 –$ 1.86 for every $1.00 they took in.  Minnesotan’s will see increases ranging from Read & Comment ›››

Minnesota Car Insurance – How to Save Money

By admin on February 6th, 2011

Saving money on your Minnesota Car Insurance isn’t as tough as one might think. 

If you haven’t reviewed your Minnesota car insurance in the past three years there is a very good chance you are over paying.  Over the past, almost three decades now, I have seen many companies come and go in the Minnesota car insurance market.  A company will come out with a hot new program and then find out they were under charging and lost money causing double digit increases down the road.  Sometimes insurance companies buy business.  A new company just coming into Minnesota, might offer a low rate in the beginning, buying up a percent of the market, and again changing the rate over time.

There can be a huge difference in rates from company to company, maybe 100%.  You think because you have been with a big named company for twenty years they have to be the cheapest out there.  I’m not saying they aren’t, just Read & Comment ›››

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