Insurance is a mechanism to protect individuals and businesses from potential losses. But have you ever wondered how insurance companies themselves manage the risks they assume? Enter reinsurance. As an insurance buyer, you may not directly engage with the concept…
Uninsured and underinsured motorist coverage is a type of insurance that covers damages caused by a driver who is not insured or whose insurance is insufficient to cover the cost of the damage they caused. This type of coverage is…
We frequently get requests for the best home insurance. The truth is that most insurance companies offer comparable coverages, packages, and pricing. From year to year, one company may be a little cheaper or more expensive than the others, but…
But I only paid X for that building, why is the insurance company requiring me to carry Y in replacement coverage? This is a common complaint from insureds and prospects and the answer lies in the concept of co-insurance. Co-insurance,…
Understanding the Impact of Inflation on Home and Auto Insurance: How Rising Prices Affect Your Coverage Inflation is best described as the increase in the prices of goods and services over time. This means that the purchasing power of money…
For Immediate Release Beau Carr Receives TRIP Designation from IRMI Jackson, TN –Haven Insurance Partners is proud to announce that Beau Carr has earned the Transportation Risk and Insurance Professional (TRIP) designation from the Institute of Risk Management and Insurance…
As a small business owner, you have a lot on your plate. From managing employees to growing your customer base and it can be difficult to keep track of everything. One important aspect of running a successful business is having…
I’m pretty confident that if you asked anyone who has ever owned a rental property you would get an overwhelming response that it’s not as lucrative or easy as they thought it would be. In fact, owning a rental property…
I was recently asked this question by one of our Haven Insurance Partners clients, and thought I would share the answer here for our readers. There are a lot of things that go into homeowners and auto insurance rates, one of…
Why do my auto insurance rates keep going up even though my car is getting older? At Haven Insurance Partners, many of our clients ask this question so I would like to address it from a couple of angles. First…
