HAPPY 4TH OF JULY
Our offices will be closed on Tuesday, July 4th.
We hope you celebrate the 4th of July with a bang!
THE IMPORTANCE OF ADEQUATE COVERAGE A
With our revised calculation of Coverage A, based on 360Value, many policyholders have seen an increase to their replacement cost value, thereby increasing their premium. We have noticed a trend among some agents who are lowering their clients Coverage A to reduce the renewal premium. We strongly encourage you to NOT lower your client’s replacement cost value, as this may result in underinsuring their home when they need coverage most.
Please consider alternate ways of reducing premiums, such as reviewing the policy for any missing applicable discounts, increasing deductibles or rewriting coverage to a Basic Choice policy, if applicable.
FAIA 2023: DEBUT OF OUR NEWEST ONESIE MODEL
We want to thank everyone who stopped by our booth at FAIA for the great discussions and ideas. It’s always wonderful to see everyone in person.
We also want to thank our newest Agent in Training for showing off our adorable onesie – let us know if you or anyone you know is expecting or recently gave birth. We are happy to recruit more to this darling team! We have onesies available for 6 mo. or 12 mo.
Pet Insurance by Rainwalk
Speaking of cute little things, let’s talk about our furry ones as we received an overwhelming response to our newest offering: pet insurance!
We want to thank our agents who have embraced our Rainwalk Pet Insurance launch and enthusiastically helped us spread the word to their Agencies. Find out more about cross-selling opportunities below.
In case you missed it, we proudly announced the completion of our reinsurance. Despite the challenging market conditions, our strong financials and proactive business model were crucial in securing a robust reinsurance program.
This program will further enhance People’s Trust Insurance’s ability to remain a solid force in the market, providing reliable coverage and service to policyholders.
KUDOS TO OUR VERY OWN
Kudos to our very own Ashlee Segal on her promotion to Director of Agency Support!
Ashlee has been with People’s Trust Insurance for 6.5 years and has served in various roles, including Customer Service Representative and Customer Service Advocate. She joined the Agency Support team in 2018 and has since been an invaluable asset. With her well-deserved promotion to Director of Agency Support, Ashlee will continue to work closely with our partner agents, overseeing UW & claims escalations, agency maintenance needs, acquisitions, and more.