#1 – 6 resident home, old general liability premium was $3300 – new premium $1,400 resulting in a savings of $1,900.
#2 – 6 resident home, old property premium was $2,600 – new premium for the same coverage is $1,913 resulting in a savings of $687. Thought they had professional liability in their homeowners policy, which they did not. New general/professional liability premium $1,300 resulting in savings of possible financial ruin from a lawsuit for a professional mishap. New workers' compensation insurance premium of $1,405, old premium was $2,235 resulting in a savings of $830.
#3 – 6 resident home, old general/professional liability premium was $2,225 – new premium $1,400 resulting in a savings of $825.
#4 – 16 resident home, old general/professional liability premium was $7,511 – new premium was $2,400 resulting in a savings of $5,111.
#5 – two 6 resident homes, old general/professional liability premiums was $3,268 – new premium $2,355 resulting in a savings of $913. We already insure the property and workers' compensation for these homes.
#6 – 6 resident home, thought they had professional liability in their building coverage when they actually had an exclusion of professional coverage. New general/professional premium of $1,500. We reworked their property coverage because they were paying ($3,229) for a policy that didn’t actually cover their building, new premiums of $2,460 resulting in a savings of $769. Peace of mind that they had proper coverage.
These are just some of the clients that we have helped since we introduced our new general/professional 1 million/2 million-dollar coverage for as low as $1,300 per year. Let us see if we can help you.
Several AFC homeowners have a “State Farm” homeowners policy covering their homes, this is an excellent company, but they do not provide professional liability coverage and limit you to $300,000 of general liability. Many of you have told us that you thought you had professional coverage under this policy and weren't too pleased when we told you otherwise.
Our job is to not only provide you with the best coverage possible but also educate and inform you about various insurance products.