The overall financial system we are in is fascinating. Tough to say that the good the insurance piece of this system is helping or hurting more. Yes, it allows entrepreneurship to flourish. Yes, it is the underlying fabric of the entire financial system. But, on the other hand, we do a lot of work in the personal insurance and micro-commercial space(think 1-5 employees 6 but rarely 7 figure sales). This is where you see the dysfunction shine.
If given the choice would you want $50,000 or $175,000? Easy answer right. What if you could have $50,000 to pay for all of your medical bills and lost time from an auto accident or $175,000? Another easy answer right. Now check your auto insurance policy’s No-Fault(also called Personal Injury Protection PIP) section and make sure you have $175,000. If you do not have the full amount please call your agent immediately.
If you are wondering what else your agent has not done for you call me immediately.