None of us like paying an insurance bill, even those of us who sell the policies. This is especially true if we never turn in a claim (if we are that lucky!) This makes it easy to forget that insurance is a “pooling” system in which we all put in our money and the few who need it, pull some out of it.
According to the Oregon Insurance Division, the average homeowner makes a claim every nine years. Homeowners claims are filed less frequently than automobile claims because houses don’t move: Essentially, the event must come to the home. The most common types of claims include water damage, personal injury, dog bites and fire damage.
Fortunately, many of the claims we see are for amounts that don’t astound us, but there are a few unlucky people who are forced to use claim money to simply survive financially. This is when we can truly see the need for insurance to provide a financial life line that allows the policy holder to continue on a near normal life as possible.
Gunn-Mowery and our companies are proud to have been able to assist our customers in the following instances (information such as names and dates have been removed for confidentiality of our clients):
–Gary Harshbarger, Senior Vice President
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