Small Business Optimism at Highest Level in 8 Years

Gallup says Small Business Optimism at Highest Level in Eight Years.

If you have been on the sidelines waiting to start a small business, maybe the time is right to take the plunge. We can partner with you and provide all your business insurance needs to protect your investment as it grows. Of course, we still do home and auto insurance as well. Call us for a quote!

Article Source: www.gallup.com/poll/199232/optimism-among-small-business-owners-highest-eight-years.aspx

They Cut My Rate in Half

I figured that one home insurance company was going to more or less the same as any other. I really just checked with Jack Green Insurance just to see what they could do. They very quickly got me a quote.  I was floored when he showed me their price.  I really thought it was a mistake.  They looked over my policy and literally cut my rate in half. Was it the same coverage?  No.  It was slightly better, a little lower deductible and a little  higher coverage limits.    David B – Mobile, Alabama

Business Auto Insurance Texas Alabama Mississippi

Jack Green Insurance handles business auto insurance for Texas, Alabama and Mississippi businesses.   As you can tell from the articles below, commercial vehicle insurance is more complicated than personal auto insurance.  Let Jack Green Insurance help you find the right answer for your business.

Knowing When you Need Commercial Auto Insurance

Understanding why you need auto insurance on your personal vehicle is easy.  You want to protect your loved ones and your property … Knowing when you need commercial insurance is a completely different matter.

Article Source: www.business.com/business-insurance/knowing-when-you-need-commercial-auto-insurance/

Business Vehicle Insurance | III

WHAT IS BUSINESS VEHICLE INSURANCE? As a business owner, you need some of the same insurance coverages for the cars, trucks, vans or other vehicles you use in your business as you do for vehicles used for personal travel. Your Businessowners Policy (BOP) does not provide any coverage for vehicles, so you must have a separate policy.

Article Source: www.iii.org/publications/insuring-your-business-small-business-owners-guide-to-insurance/specific-coverages/business-vehicle-insurance

Group Health

NAHU – Consumer Information – Consumer Guide To Group Health Insurance

medic-563425_640Group health insurance coverage is a policy that is purchased by an employer and is offered to eligible employees of the company (and often to the employees’ family members) as a benefit of working for that company. A group health insurance plan is a key component of many employee benefits packages that employers provide for employees. The majority of Americans have group health insurance coverage through their employer or the employer of a family member. One of the advantages for employees in a group health plan is the contribution most employers make toward the cost of the health coverage premium –

Article Source: www.nahu.org/consumer/groupinsurance.cfm

Group Insurance: A Better Deal For Most People Than Individual Plans

diagnostics-161140_640This paper compares health plans currently available on the individual market with employer-sponsored plans. Points of comparison include the scope of benefits, cost-sharing provisions, premiums, expected out-of-pocket costs, and actuarial value.

Article Source: content.healthaffairs.org/content/29/1/156.abstract

 

 

About Gulf Coast Home Insurance Prices

I figured that one home insurance company was going to more or less the same as any other. I really just checked with Jack Green Insurance just to see what they could do. They very quickly got me a quote.  I was floored when he showed me their price.  I really thought it was a mistake.  They looked over my policy and literally cut my rate in half. Was it the same coverage?  No.  It was slightly better, a little lower deductible and a little  higher coverage limits.    David B - Mobile, Alabama
Read More...

Here are some news stories and articles to help you educate yourself about the factors that influence homeowners insurance prices, especially here on the Gulf Coast.

 

On Mississippi Gulf Coast, the crushing cost of homeowners’ insurance: newspaper reports | NOLA.com

In Mississippi, ;The Sun-Herald reports on a Long Beach couple not sure they can keep their house. The homeowners’ insurance policy has skyrocketed some 225 percent since Hurricane Katrina, the article says. And that’s for a home that filed no claim after Katrina. Louisiana has recently seen its insurance situation stabilize since the double whammy of Katrina and Hurricane Rita caused nearly $30 billion in claims, according to state figures. Despite the unprecedented damage, Insurance Commissioner Jim Donelon said increased competition from providers has calmed the Pelican State’s market. After an average 2.3 percent jump in prices in 2013, premiums in Louisiana increased only 1.9 percent in 2014, Donelon said. That’s a big change in five years. In 2010, on Katrina’s 5th anniversary, a headline at NOLA.com | The Times-Picayune said home insurance prices “remain astronomical.” Consumer advocate Bob Hunter, who once served as the Texas insurance commissioner, told The Sun-Herald he thinks he knows why prices have risen so dramatically. His conclusion is nothing short of startling: the insurance industry lied. He bases that shocker on structural changes the insurance industry pushed, and he supported, while insurance commissioner in Texas. The industry assured him the changes would help keep…

Article Source: www.nola.com/katrina/index.ssf/2015/09/on_mississippi_gulf_coast_the.html

 

 

Hurricane and Windstorm Deductibles | III

JULY 2016 UP FRONT
After Hurricane Andrew in 1992, insurers realized that losses from hurricanes could be much higher than they had previously thought. Hurricane Katrina, in 2005, which cost insurers more than $41 billion at the time, confirmed their fears. After these extraordinary losses, reinsurance companies, insurers that share the cost of claims with primary companies, such as homeowners insurers, said that they could not assume so much risk and that primary companies must reduce their potential losses.

Article Source: www.iii.org/issue-update/hurricane-and-windstorm-deductibles

 

 

Hurricane season is here. Are P&C insurers still prepared for the worst? | PropertyCasualty360

After several seasons free of major catastrophes, here a gut-check on whether property and casualty insurers expect a pendulum swing — and how they would respond.

Article Source: www.propertycasualty360.com/2016/07/05/hurricane-season-is-here-are-pc-insurers-still-pre

 

 

Twelve Ways to Lower Your Homeowners Insurance Costs | III

The price you pay for your homeowners insurance can vary by hundreds of dollars, depending on the insurance company you buy your policy from. Here are some things to consider when buying homeowners insurance.

Article Source: www.iii.org/article/twelve-ways-to-lower-your-homeowners-insurance-costs

 

Business and Property Insurance

INSURE U – Get Smart About Insurance is a public education program created by the National Association of Insurance Commissioners (NAIC) to assist consumers with information about insurance issues.  Below is a link to their summary of Business Property and Liability insurance.

Insure U for Small Business: Business Property and Liability

Needing Low Cost Insurance

 Property insurance protects small business owners from losses due to damage to physical space or equipment and as a result of theft. For insurance purposes, a business’ property includes the physical building in which it resides, as well as its other assets. All of the following, owned or leased, can be considered business property

Article Source: www.insureuonline.org/smallbusiness/topic_bus_prop_liability.htm

 

 

Every state has it’s own insurance requirements and regulations.  Jack Green Insurance handles Alabama Business Insurance, Mississippi Business Insurance and Texas Business Insurance.

Jack Green Insurance can help you with:

  • Business Property and Liability Insurance Texas
  • Business Property and Liability Insurance Alabama
  • Business Property Property and Liability Mississippi

Business Insurance

We have some articles to help you discover the cost factors of the various types of business insurance.

The U.S. Small Business Administration has put together some tips about buying insurance.

Buying Insurance | The U.S. Small Business Administration | SBA.gov

Article Source: www.sba.gov/managing-business/running-business/insurance/buying-insurance


Your business insurance costs are not completely out of your control.  There are many things you can do to reduce the cost of the insurance your business needs.

9 Ways to Lower Your Business Insurance Costs | Bplans

With all the costs related to running a business, it makes sense to save money wherever you can. Here are some ways to lower your business insurance costs.

Article Source: articles.bplans.com/9-ways-to-lower-your-business-insurance-costs/


How to Calculate Business Liability Insurance | Chron.com

Without liability insurance, if you lose a lawsuit, you will have to pay the judgment yourself. This can financially devastate your business and personal finances. There are three types of liability …

Article Source: smallbusiness.chron.com/calculate-business-liability-insurance-10480.html


Starting out on your own has enough risks. One way to mitigate those risks is with insurance. As a sole proprietor, it’s important to anticipate every cost, including the cost of insurance.  Every business is unique so  getting the right business insurance requires advice from an expert you can trust.

The Average Cost of Insurance Coverage for a Sole Proprietor Business | Chron.com

Being a sole proprietor is the easiest way to start a new business. The business entity consists solely of one individual, the owner. Insurance coverage is very important for any business especially …

Article Source: smallbusiness.chron.com/average-cost-insurance-coverage-sole-proprietor-business-14691.html

 

Research Car Insurance Rates

Here are four articles from top industry sources to help you research how to get the lowest possible car insurance rates.

 

What Determines the Price of My Auto Insurance Policy? | III

Many factors can affect your auto insurance premium.

Source: www.iii.org/article/what-determines-price-my-auto-insurance-policy

The mission of the Insurance Information Institute (I.I.I.) is to improve public understanding of insurance—what it does and how it works.
For more than 50 years, the I.I.I. has provided definitive insurance information. Today, we are recognized by the media, governments, regulatory organizations, universities and the public as a primary source of information, analysis and referral concerning insurance.

 


 

11 Factors That Affect Car Insurance Rates – How to Lower Your Costs

Many things affect your auto insurance rates, but can you lower them? See these factors to learn how your car insurance rate is determined.

Source: www.moneycrashers.com/factors-affect-car-insurance-rates/

[Moneycrashers’] mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about credit and debt, investing, education, real estate, insurance, spending, and more.

 


 

10 factors that affect your car insurance rates | PropertyCasualty360

When you do decide to shop for a new auto insurance policy, know what factors insurers use to set your rates.

Source: www.propertycasualty360.com/2015/03/20/10-factors-that-affect-your-car-insurance-rates

 


 

5 steps to cheaper car insurance rates | PropertyCasualty360

Even though insurance is a necessity for most people, there are some tried-and-true ways to find cheap car insurance.

Article Source: www.propertycasualty360.com/2015/03/02/5-steps-to-cheaper-car-insurance-rates