LMCU’s Post

LMIA can help you with all your insurance needs!!

LMIA can save you a bundle…and offer you the best coverage to fit your needs!

Be prepared for higher insurance rates and deductibles! 🆙🆙🆙. According to recent statistics, the region from North Carolina to Texas has experienced the second-most recorded tornadoes in history since April 25th. This has resulted in 39 states and 98 million Americans being under severe weather risk this week. When the capital markets that back insurance companies lose money, they raise their rates to reinsurance markets, reinsurance companies raise their rates to insurance, and then insurance companies raise it to us as consumers. As a result, insurance companies are adding or increasing wind hail deductibles, getting off property with older roofs or excluding them altogether, and some are even shutting their doors. It's not a profitable business to be in right now. So, it's advisable to put a little more money back for increase than you did last year. Protect yourself and your property! #insurance #insuracerates #beprepared

🏢 Strata insurance costs are out of control! In some cases, premiums have increased by 25 to 40% year-on-year. For most owners' corps, insurance premium is the single largest expense. We’ve come up with ways to reduce strata insurance costs. 💼🏠 Please call us on 03 9939 4968 if you would like to learn how. #StrataManagement #PropertyInsurance #ACEBodyCorporate #OwnersCorporationManagement

You’ve bought your insurance policy and filed away the paperwork then… disaster. Out comes the paperwork and WHAT? Subrogation, conditions, excess… JARGON! 😩   There’s nothing worse than being attacked by complicated jargon in every sentence.   Never fear – Aspray Peterborough are here to help!🦸🏻♂️   Don’t settle for confusion, check out our helpful glossary and beat that property insurance jargon once and for all😌   https://lnkd.in/dVr4V3Wc #AsprayPeterborough #HeretoHelp #PropertyDamage

Are you adequately insured? Many Australians find themselves underinsured, which means they don’t have enough insurance if something was to go wrong. Have you considered how much it would cost to rebuild, repair or replace everything you own? Things to consider: ▪ Costs vary over time, so review your sum insured every year. ▪ Re-evaluate your sum insured when you renovate or make new purchases. ▪ The cost of rebuilding your home isn’t the same as its real estate value. Our insurance calculators can help you estimate the level of cover required for your home and contents. Follow the link to learn more: https://bddy.me/3UcbZwZ We can work with you to find the right cover for you. Contact Elders Insurance Hume on (02) 6058 5100 to book a free policy review. ** Consider the PDS and TMD to decide if the product is right for you.

As if coffee, Formula 1, and the AFL weren't already enough for Victoria to brag about, New South Wales policyholders pay nearly triple the state tax of their counterparts in VIC. But the Emergency Services Levy Insurance Monitor Bill 2024, introduced on Thursday (9 May), moves NSW one step closer to correcting the disparity and reducing property and contents insurance premiums. Estimates suggest the levy reform could reduce premiums for NSW policyholders by 15% and businesses by 23%, respectively. The change, long advocated for by the Insurance Council of Australia and the insurance industry, aims to shift the funding of emergency services from insurance policies to a broader and more equitable levy. IPART - Independent Pricing and Regulatory Tribunal - has been appointed to oversee the process and ensure savings are passed to policyholders. More here: https://lnkd.in/eTZawzZj

We understand the challenges of life on the land. Contact us for a range of insurance options and convenient payment options. Contact us today and discover all the benefits of Farm Insurance. https://smpl.is/9d6vr #farminsurance #protectyourbusiness #resilium #businessrisks #insuranceadvice #insurancebroker #commercialinsurance

Life is full of surprises, and sometimes they aren't the good kind. When the unexpected happens, K&N Insurance Brokerage is here to help you through it. With reliable coverage and support, you can rest easy knowing we’ve got your back. Learn more here: kninsurance.com #homeinsurance #insured #insurance

Life is full of surprises, and sometimes they aren't the good kind. When the unexpected happens, K&N Insurance Brokerage is here to help you through it. With reliable coverage and support, you can rest easy knowing we’ve got your back. Learn more here: kninsurance.com #homeinsurance #insured #insurance