Our office is located in Woodstock, GA. Just down the street, there are many boat docs and loading areas for our clients to enjoy a day on Lake Allatoona. One of our favorite lines of business to insure is boat insurance! There is nothing like a fun day on the lake with piece of mind. One of our long term clients referred us a gentleman who had been with State Farm for years. State Farm was giving him good coverage, but at a premium that no longer was optimal. Although many State Farm agents have phenomenal service, with a captive set up they are limited on what they can do to help when prem ..read more

This week, Grace was able to review a client’s policy that he has had for 20 years. He had no idea that he did not have replacement cost coverage on his roof or that his personal property was at depreciated value as well. Surprisingly, she was still able to save him almost $400 in premium while giving hundreds of thousands more in coverage. We would love to review your current declaration page on your home policy to ensure you have no gaps in coverage. Link to the case study: https://www.mosaicinsure.com/case-studies/home-insurance-review-adding-replacement-cost/ The post Depreciated value ..read more

Over the past few years, several factors have contributed to the rise in insurance rates across the industry. These factors include but are not limited to:  Increased frequency and severity of natural disasters and catastrophic events  Rising healthcare costs and medical expenses  Higher costs of vehicle repairs and replacement parts  Growing instances of fraud and insurance claims These factors have put significant financial pressure on insurance companies, leading to the need for rate adjustments to ensure the long-term sustainability and ability to provide coverage to policyholders ..read more

Check out our agency’s most recent case study where we saw this family’s home was vastly underinsured. This home had an actual cash value roof which we were able to switch to a replacement cost roof. Actual cash value is depreciated value. After this family paid their deductible, they were only going to get indemnified for a portion of what it would cost to replace a roof. We changed this to replacement cost as well as gave them guaranteed replacement cost on their home. We saved them almost $2,000 in premium, but gave them far more in peace of mind. We would love the opportunity to review you ..read more

At Mosaic Insurance Group, our number one priority is to cover your needs efficiently while filling any gaps in coverage. Our advisor Micah Kieffer was able to assist in doubling this client’s coverage while saving him over $1500 on auto insurance for the year. Here is the link to the case study which breaks down the comparison: Auto Review – Mosaic Insurance Group (mosaicinsure.com) The post A glimpse of what we can do for you! appeared first on Mosaic Insurance Group ..read more

Recently, consumers have been seeing a great increase in all of their daily living expenses. The price of food, gas, electricity and water have steadily increased since the Covid-19 pandemic.  When the world shut down, we may have seen a plateau in insurance rates or even a decrease as drivers were off of the roads. There was supply chain disruption during that time and it was plaguing every industry. The automobile and home industries had parts, tools and supplies stuck overseas for months on end. Chips for vehicles, windshields, you name it. With this happening, insurance ..read more

I was recently asked this question by one of our Mosaic Insurance Group 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 them being credit. I’ve heard a lot of complaints from people who don’t like the fact that insurance companies use credit in their underwriting. Some people have absolutely no idea that it’s used in the rate at all. At the end of the day, there’s not much we can do about it though. Insurance companies have been using credit in their rates for decades, and that’s not lik ..read more

Is getting life insurance on your “to-do” list? It will not only protect your family, but it’s fairly easy to check off the to-do list! That said, here’s what you need to know about purchasing life insurance in 2023: You will be able to purchase comprehensive life insurance exam-free at better rates than previously available. Exam-free policies aren’t for everyone, but they can be an easy way to avoid exams that bog down the application process. Buyers in 2023 may encounter life insurance rates that fluctuate based on their health and lifestyle. For example, your insurer may use data from your ..read more

Why do my auto insurance rates keep going up even though my car is getting older?  At Mosaic Insurance Group, many of our clients ask this question so I would like to address it from a couple of angles. First things first, even though it’s called car/auto insurance, it covers more than just your car. It should technically be called “auto-owners” insurance, similarly to how home insurance is actually called “home owners insurance”. It’s important to understand that there are a lot of variables that go into insurance premiums, and with auto insurance, it’s no different. The insurance compan ..read more

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 can be a major pain, and end up costing you a ton of money! I certainly don’t mean to be a “Debbie Downer”, and I know that if it’s done right it can be lucrative, but from an insurance agent’s perspective, I don’t see a lot of people doing it right. So you’re probably thinking, “Well Chris, you are an insurance agent. What do you know about real estate or rental properties? Wh ..read more