PRESS RELEASE.......... (CHARLESTON, SC).... CHARLESTON, SOUTH CAROLINA INSURANCE NEWS
Who has the cheapest home insurance in Charleston?
By: Larry Freudenberg, President Triest Agency
This is what I call the fifty million dollar question. Home insurance is extremely competitive in Charleston. Fortunately, having your homeowners insurance with Triest Agency gives you an agency will fire power. Being a large and extremely well-established insurance agency (over 113 years old), Triest Agency represents a lot of home insurance companies and our agency owner, Larry Freudenberg is a Surplus Lines Broker in SC so he can access alternative markets like Lloyds of London.
There are so many variables that determine the premium for a home insurance policy. I'm not dodging the answer, but there is no one insurance company that we can call the cheapest. It all depends on the house to be insured and also the owner. The only way I can think of to break this down is to separate this into new home insurance, homes 20 to 40 years old, homes 41 to 100 years old, homes over 100 years old, homes on the beaches like Kiawah Island, Seabrook Island, Folly Beach, Sullivans Island and the Isle of Palms, home with new roofs, homes where the owner has perfect credit, good credit, poor credit, no vicious dogs, vicious dogs, brick exteriors, wood exteriors, stucco, elevated foundations, prior claims, poor maintenance, good maintenance, superior maintenance, swimming pool, no swimming pool and on and on.
Insurance companies have actuaries who calculate the premiums based on all of these factors and more. Actuaries are math brainiacs who use statistics to determine the premium that should be charged. Why is one insurance company cheaper than another for maybe a home that appears to have all the same characteristics ? This often comes down to what we call in the insurance business, the "appetite" of the insurance company. Some insurance companies specialize in old homes and others may specialize in new homes. We have some companies that specialize in a beach home and others that specialize in high-value homes ($1 million or more in value). Insurance companies are for-profit organizations and try to develop a strategy that will produce the highest profit for their shareholders. If they don't charge enough and the amount paid out in claims and overhead exceeds the amount they receive in premium, then somebody won't be working for that insurance company for long. Just like all for-profit businesses, some of them are really good at being profitable year after year and others cannot seem to get it right. Some offer terrific claims service and others are just average. I guess it could be said that they're all operated and managed by people. And when people are in charge anything can happen.
As an insurance agency who has been around the block more than a few times (certainly much more than 99% of our competitors in Charleston), we have the luxury of being able to pick the insurance companies for which we want to work. If we didn't consistently provide the cheapest premiums for our client's home insurance then we would've have been in business for 113 years. We have a track record of success and being there for our clients year after year. Your home may be your most valuable asset. Do you trust that you have an insurance policy with the best insurance company if your home burned to the ground? That's really what it comes down to. You buy homeowners insurance to protect you in the case of a catastrophic loss to your home. One that you cannot afford to pay for yourself. You bought home insurance for your beautiful Charleston home so you can sleep at night knowing that if a worst case disaster hit, you could rebuild your home. You can certainly play the cheap insurance game but don't get caught with a cheap home insurance policy that won't come through if you have a catastrophe. And I've never met someone in my almost 30 years in the insurance business who expects to have a claim. Claims are sudden and completely unexpected. Insurance claims are tragic. Our job in the insurance industry is to try our best to put you back together after that disaster. I trust the insurance companies that we offer will be there for our clients if they have such a claim. It's happened before and will happen again. But nobody expects it to happen to them. And I hope it won't be you. But if it is you I hope you're with an insurance agency like Triest Agency who has been around for over 113 years and knows what is needed to get the job done right.
So who has the cheapest home insurance in Charleston? We do! Isn't that what every insurance company and every insurance agency say. We have the cheapest home owners insurance in Charleston. That said then who out of all of those agencies who will go the extra mile for you year after year. That's going to be Triest Agency. Just look at our testimonials and you'll see that we have an impressive following.
The smart consumer reads their insurance policy and has a knowledgeable insurance agency like Triest Agency. Call me today. I would love to help with your insurance. 843-556-6232 or email me at firstname.lastname@example.org
1052 Gardner Road
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