Insurance Blog

Please read and comment on our blog about a wide variety of insurance topics. Please feel free to ask us any questions.

 

Has your brewery insurance been “Frankensteined”?

June 20, 2018 By: Mike Petrozzella – Bloom Brew Insurance It's an exciting time, after dreaming about it for years and pre-planning, you're finally going to open that brewery you've been wanting.  Then the fun begins and money starts going out.  You're now dealing with lawyers, landlords, brewery licensing and equipment, TTB, and insurance... fun fun fun.   You ask some colleagues who they use for... Read Article

Why does my car insurance rate keep going up? It should be going down!

How many of you think your rate should keep decreasing? Probably many of you. Why shouldn't you?  When you turned 25 your rates decreased.  When you got married your rates decreased.  When you bought a home and combined your home and auto insurance your rates went down.  You haven't been in any accidents, and haven't gotten any tickets, right? But lately, they just keep going... Read Article

What is Inflation Guard, and why does my homeowners insurance rate go up every year?

This is a question I get asked a lot, almost daily I would say. There are many factors that can cause your homeowners insurance rates to change, but only one that will cause a constant increase; Inflation Guard.  Let’s look at some of the potential factors that may impact your premium. Factors that could cause an increase include: Rate Increase – Your carrier filed for a rate increase, it was... Read Article

Shamrocks & Shenanigans on St. Patrick’s Day!

As you all already know, St. Patrick’s Day is here.  This is one of the heaviest drinking holidays of the year. The beer will be flowing as freely as water and binge drinking becomes a pastime which will leave all drinkers impaired. Expect the roads to have a higher number of dangerous drivers. One thing that you need to keep in the back of your... Read Article

GEICO to raise auto insurance rates

Here's an interesting article from www.insurancejournal.com GEICO to Raise Auto Insurance Premiums By Andrew G. Simpson | May 4, 2015 GEICO, which “everybody knows” saves drivers 15 percent on auto insurance, said it will raise its auto premiums after underwriting results declined in the first quarter. The giant direct writer said its underwriting profit for the first quarter was $160 million, a decline of $193... Read Article