Times are Tough. Here’s Why Reducing Your Policy Coverage Could Harm You.

Are you being hemorrhaged by the rising costs of inflation like many others? If so, we hear and understand your concerns. You’re not alone. 

With the inflation costs getting higher each month, insurance premiums are steadily following the same pattern. This is one of the reasons we do our due diligence at your renewal time and look at many carrier options to ensure you’re getting the best rate for your coverage.

With this being said, the one thing you do not want to do however is reduce your current coverage limits.

As American motorists are strained by inflation and the rising cost of vehicle ownership, around 10% are considering dropping their auto insurance coverage as a way to save money, according to Insurify’s 2022 Auto Insurance Trends report.

Engineer Crafted Policies

Unlike many other agents you have worked with in the past, we analyze and craft your policies differently

Using over 20 years of experience and backgrounds in engineering, your policies are crafted with all of your assets and family in mind. By doing this, we ensure that all of you have the perfect coverage for your vehicle, home, and family. 

Lowering your coverage can put you, your family, and your business in serious jeopardy. Now, let’s talk about the dangers of lowering your coverage.

The Danger In Lowering Your Coverage

With compounding issues such as uninsured and underinsured motorist rates as well as rising replacement costs on your home, reducing coverage could cripple your ability to be covered against accidents and catastrophes.

In 2019 alone, the average of uninsured drivers on the road was about 12.6% while reaching as high as 30% in states like Mississippi and New Mexico. You can only imagine how drastically the number has increased due to the current state of the economy.

In regards to your home, lumber prices have increased to over 300% of the costs from April of 2020. This accounts for the increase in the replacement cost of your home. 

But How Will Lack Of Coverage Truly Affect Me?

  • Force you to exhaust all of your limits in the event of an accident with the possibility of not covering enough. This could leave you out of pocket for the rest of the expenses
  • Not cover the full amount to rebuild your home, leaving you with less than what you had before
  • Not cover the entirety of medical bills or disability
  • Potentially force you to pull out of retirement savings, investments, or life insurance policy to cover excess costs

The main reason many people have qualms about insurance not working is that it wasn’t done right

We take every aspect of your life into consideration when engineering your policies so when you need to use your insurance, it covers everything you need.

We want you to understand that at the end of the day, we work for you, not the carrier. We are constantly looking for solutions to keep you and your pockets secure. 

Without you, we wouldn’t be here today. We are sincerely grateful that you chose us to help protect your legacy.

Do You Have Family Or Friends You Want To See Protected?

Share the love and tell them about us! We want to give everyone the same experience, protection, and service you receive.

Sherry BermanSherry Berman
17:55 08 Dec 22
We just moved over to e3 with Chris Stone, 1 1/2 years ago. Our house flooded during snowmeggedon in Texas last February. The insurance companies were overwhelmed with phone calls from Texas. Our insurance company was not responding to us on a timely basis, and because of the supply chain shortage, we knew we needed to act quickly. Chris knew who to talk to at our insurance company, and was a total advocate for us and made sure that our needs were being taken care of. Our last insurance agent was the advocate for the insurance company, not us. Chris knows the business inside out. He guided us along the process of what to do. e3 represents many different insurance companies, which gives Chris the ability to guide you into the best policy that meets your needs. He explains the insurance lingo in layman terms, and makes sure that you and your family are protected. My husband and I totally trust Chris to give us the best policy with in our budget.
Andy BermanAndy Berman
21:56 07 Dec 22
e3 Insurance and Chris Stone are simply the best!! After experiencing a flood in our house and a total redo necessary, Chris made the experience completely seamless!! There simply is no one better!!
Alex ThipkhosithkunAlex Thipkhosithkun
19:32 03 Nov 22
I can't say enough good things about Chris at e3 Insurance. He really is an expert in his field and was really helpful and thoughtful through my home and car insurance purchasing experience. But it doesn't stop there. Recently, I was facing a relatively stressful plumbing situation with my newly purchased house and after talking to Chris and putting me in contact with the right people, they had someone come out THAT afternoon-- Amazing!
Austin SandozAustin Sandoz
14:45 06 Oct 22
Chris was a client of mine for a long time. When I reached out to get a quote I was blown away. I found out my brand-new 2022 Jeep was severely underinsured and I had little to no protection for my assets.After comparing my old policy side by side with my new policy he was able to quadruple my coverage and protect my assets for LESS than what I was paying before. When it's done right, it's done right.
Sheryl KlousiaSheryl Klousia
14:29 06 Mar 22
Chris has been extremely helpful in finding us great policies for house and car insurance. He reviews our policy yearly to ensure we are getting the best rate and best coverage… and recommends changing when needed. We are very satisfied with his service… he has saved us so much over the 3 years that we have been with him ! So glad we found him. Our kids all use his services also !

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