Sackrison Insurance Agency | Napa

  • Home
  • About
    • Community Partners
    • Legal
    • Privacy
  • Contact
    • Request a Certificate
    • Request Policy Change
    • Update Policy Info
    • Proof of Insurance
    • Pay Your Bill
    • Report a Claim
  • Products
    • Auto Insurance
    • Homeowners Insurance
    • Life Insurance
    • Renters Insurance
    • Umbrella Insurance
    • Health Insurance
    • Long Term Care Insurance >
      • California Partnership for Long Term Care
    • Business Insurance Napa CA
    • Business Liability Insurance
    • Contractor Insurance
    • Surety Bonds
    • Commercial Auto
  • Quotes
    • Short Quote Form
    • Auto Quote
    • Home Quote
    • Life Quote
    • Renters Quote
    • Umbrella Quote
    • Business Quote
    • Commercial Liability
    • Contractor Quote
    • Commercial Auto Quote
    • Request a Surety Bond
  • Blog
  • Home
  • About
    • Community Partners
    • Legal
    • Privacy
  • Contact
    • Request a Certificate
    • Request Policy Change
    • Update Policy Info
    • Proof of Insurance
    • Pay Your Bill
    • Report a Claim
  • Products
    • Auto Insurance
    • Homeowners Insurance
    • Life Insurance
    • Renters Insurance
    • Umbrella Insurance
    • Health Insurance
    • Long Term Care Insurance >
      • California Partnership for Long Term Care
    • Business Insurance Napa CA
    • Business Liability Insurance
    • Contractor Insurance
    • Surety Bonds
    • Commercial Auto
  • Quotes
    • Short Quote Form
    • Auto Quote
    • Home Quote
    • Life Quote
    • Renters Quote
    • Umbrella Quote
    • Business Quote
    • Commercial Liability
    • Contractor Quote
    • Commercial Auto Quote
    • Request a Surety Bond
  • Blog

Will my insurance company always have my back?

12/25/2019

 
We buy insurance policies to protect our families and businesses in case tragedy hits.

Will those policies really ensure that we won’t face financial ruin when we are hit with unexpected trials?

How can you know that the company you put your trust in won’t fail you when the going gets rough?

Unfortunately, there are times when families and businesses have been let down, losing not only the money they invested in for insurance, but also losing their homes and businesses.

Though nothing is certain in life, there are ways to research the financial stability of your insurance company.

Here are some examples:

Barney spent his entire life in a small California town. He lived alone, enjoying the slow pace of retired life.

Barney had the same insurance company that the majority of that small town used. Sadly, there was a raging wildfire that consumed the entire mountain town.

Everyone experienced some type of loss, be it their home, school, or business. The destruction proved to be too much for that insurance company, causing it to go bankrupt.

Barney, along with most of the town, lost his home to that fire and was unable to be reimbursed for his losses. Losing his home was a terrible feeling, but not having anything to show for after years of investment in his insurance company was heartbreaking.

Bernice lived in the same town as Barney.

She had done her research before purchasing a homeowners policy. Her nephew, Wally, an agent from out East, had shown Aunt Bernice how to check the financial stability of an insurance company before buying any policies.

He used two different credit rating websites, easily accessed from her laptop. Standard and Poor’s has been in business for over 150 years, as well as Moody’s, another reputable rating service.

Wally was able to help Bernice find an insurance company with high scores, which showed its financial integrity. When the wildfire hit, Bernice lost her home but was able to rebuild in a nearby city.

Though she missed her original home, so full of memories, Bernice was thankful that she was able to start over again without having to worry about her money situation, thanks to her choice of insurance.

You, too, can research your options before buying any policies.

If you look into Standard and Poor’s or Moody’s, you will be able to find the score of the insurance company you are considering.

By finding a company rated highly on these two websites, you can be sure it is financially sound, thus a good choice for you.

When you buy a policy, it should take a weight off your shoulders, not be another risk to worry about.

​If you have any questions about choosing the right company, or how to find a company’s risk evaluation, please give me a call. I am always happy to discuss insurance-related topics.

Comments are closed.
    Picture

    Bruce Sackrison

    Napa, California
    (888) 332-6609

    Archives

    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    April 2015

    Categories

    All

    RSS Feed

Contact

Service

Personal

Business

ADDRESS
1370 Trancas St, Ste 401
Napa, CA 94558


PHONE
(707) 931-0186
Toll Free: (888) 332-6609


CA State License #0B56437​
Contact
Contact Form
Physical Address
Request a certificate
Request a Policy Change
Update Policy Information
Request Proof of Insurance
Pay Your Bill
Report a Claim
More Resources

Auto Insurance
Home Insurance
Life Insurance
Renters Insurance
Umbrella Insurance
Business Insurance
Commercial Liability
Contractor Insurance
Commercial Insurance
Surety Bonds

Slide Show Photo Credits
cover photo, napa valley vinyard, by rennett stowe on flickr, cc licensed
convertible: istockphoto.com
luxury home: armchairbuilder.com
mother & children: weebly theme
coffee shop owner: weebly theme
townhomes: Shashi Bellamkonda cc licensed
Istock photos have been purchased & licensed for use in this site and may not be downloaded or copied.


site managed by ken hood services, llc