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All posts by Jason Levine

What is a Hard Insurance Market (& What Can You Do About It)?

What Is a Hard Insurance Market (& What Can You Do About It)?

Have you started seeing higher insurance premiums with less coverage?

A hard insurance market is likely to blame. (And the bad news? It’s just getting started.)

 

From a layperson’s point of view, your insurance policy can appear pretty nebulous. An underwriter puts your data into a computer, calculates a few algorithms, gazes into a crystal ball, reads some tea leaves, writes down the last number they dreamed about, and that’s your premium amount.

Wait…is that not how it works?
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Coronavirus Update: Working Remote

Despite these extreme times Harry Levine Insurance encourages you to keep calm and carry on!

We have decided to fully close our offices until at least March 30th per U.S. Federal Government guidance.

OUR ENTIRE TEAM IS WORKING REMOTELY AND IS READY TO HELP YOU BETWEEN 9:30am – 4:30pm. Phones will be unattended for lunch from 12- 1pm.

Latest Articles On The Coronavirus


3/20/20 — Business Interruption Insurance and Covid-19/

10 Life Insurance Myths (Debunked!)

There’s a lot of misinformation surrounding life insurance. We want to set the record straight.

Let Harry Levine Insurance debunk 10 common life insurance myths so you can make an educated decision about your insurance needs.

 

Nobody likes to think about their own mortality, which is probably why no one likes to think about life insurance.

Which is unfortunate, because life insurance is one of the most useful policies you can buy.

Think about it: you hope you never have to file a claim on your home or auto insurance, but there will come a time when that life insurance policy pays out. Doesn’t it make sense to understand life insurance a little bit more?
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Farmers vs. Auto-Owners

Farmers vs. Auto-Owners

Welcome back to another insurance mega-company showdown! This time, we’re taking a closer look at Farmers and Auto-Owners, two of the largest insurance providers in the country.

Both corporations had humble beginnings, Vern Moulton and four associates founded Auto-Owners in Lansing, Michigan (with one policyholder and under $200 in premiums) just 14 years before John C. Tyler and Thomas E. Leavey put up their own money and literally traveled farm to farm, offering their first policies. Through the Great Depression, the insurance industry served as a beacon to commerce and personal security, leading both companies to a strength in personal lines and business insurance offerings. 

Aligned closely through history, here are some additional metrics to explore the differences in what each corporation brings to the table for their customers:
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5 Things You Need to Know About Home Insurance

Whether you’re a first-time homebuyer or you’ve owned your home for 50 years, you might still have a lot of questions about home insurance. Hey, I get it! Insurance can be confusing and overwhelming.

But, if you own a home, you should understand your home insurance coverage. In this video, I’ll go over 5 things you need to know about home insurance to bring you one step closer to total insurance mastery!
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Farmers vs. Travelers

Farmers vs. Travelers

Both Farmers Insurance Group and The Travelers Companies are impressive Fortune 500 companies with huge assets, market caps, and tons of employees.

In fact, Farmers employs about 12,700 employees with about 48,000 exclusive and independent agents, ranking in the top 300 companies on the Fortune 500. Travelers is 106th company on the 500 with 30,400 employees, and bragging rights as the second-largest writer of U.S. commercial property casualty insurance. Those are just some of the facts.

Now, let’s line them up, side-by-side:
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Auto Insurance Explained

The 5 Things You Need to Know About Car Insurance

Unless you’ve been living under a rock, you’ve seen a commercial (or, more likely, 3,000) for car insurance.

Auto insurance ads might be an okay way to entertain yourself during a break from the Superbowl, but they won’t help you understand anything about your insurance policies. In this video, I’ll go over 5 car insurance facts you actually need to know.
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What Is a BOP?

What Is a BOP (Business Owner’s Policy)?

Those “in the know” know that a business owner’s policy (BOP) can be one of the most efficient ways to kick off their commercial insurance coverage.

But exactly what is a BOP? In this article, we’ll discuss what a BOP policy covers, why you want one, and who can benefit from it.

When it comes to your business, you don’t want to miss a single detail. You purchased the right furniture and equipment, leased the perfect location, and hired the right employees. When something goes wrong, you’re on top of it.

But how much thought have you put into your business insurance?

The right level of insurance coverage is crucial to making sure that your doors stay open for years to come. And for some business, that starts with a BOP.

 

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Do Red Cars Cost More to Insure? (10 Car Insurance Myths Debunked!)

Do Red Cars Cost More to Insure? (10 Car Insurance Myths Debunked!)

There are a lot of myths and misinformation surrounding car insurance.

Allow us to debunk the biggest car insurance myths, especially the most common: Do red cars cost more to insure? 

If you’re licensed to drive in the State of Florida, you’ve probably had some questions about your car insurance.

“Do I have enough coverage? What does “No-fault” insurance mean? Do red cars cost more to insure? What happens if my brother-in-law wrecks my car?”

We understand the confusion. There are a lot of myths, lies, and misinformation swirling around about an already baffling subject. But at Harry Levine Insurance, we believe that knowledge is power, so we collected (and debunked) the top 10 car insurance myths so you could be sufficiently informed.
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Sinkhole coverage vs. catastrophic ground collapse

Sinkhole Coverage vs. Catastrophic Ground Collapse

Florida is famous for many threats—hurricanes, alligators, the eponymous “Florida Man”—but one of its most dangerous features lurks right underground: sinkholes. Which begs the question: “How does this affect my insurance?”

Your Florida homeowner’s policy includes catastrophic ground cover collapse, but is that the same as sinkhole insurance? In this article, we’ll compare sinkhole coverage vs. catastrophic ground collapse to see how the two measure up.

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