A different way to think of insurance

Here’s a different way to think about insurance. When you buy an insurance policy, you are paying a company to take your risk.

Think about auto insurance in Maine and New Hampshire. A little fender-bender seems to cost a minimum of $1,000. A serious accident involving medical expenses, a “totaled” car and damage to another vehicle can cost $20,000 or more. That’s several years worth of your auto premiums gone in a flash. Compared to paying all those costs out of pocket, buying peace of mind by paying an insurance company to assume your risk is a good value.

As buyers of risk, the insurance companies are betting they know enough to make a reasonable profit – and hopefully not LOSE money. That’s why your driving record, age, make of vehicle and the amount you drive are so important to getting you the best price for the best coverage. The same goes for your home and other possessions.

Competition keeps prices low. That’s why it is so important to work with an independent insurance agent like Clark Insurance. We represent a variety of companies. When we quote your home, auto, business or employee benefits insurance with several companies, you’ll get the right coverage at the most reasonable price.