Who You’re Going To Call Make Sure You’re Covered

Overthe past few years, we’ve seen increases in the cost of fuel, the cost to build homes and even purchasing eggs at the grocery store. e year 2022 delivered the worst inflation we have seen in years, with an 8% average increase. is is almost double what it was in 2021.

Experts predict Colorado’s rise in health care premiums is the second highest in the US, only second to Georgia.

e buck doesn’t stop here! If you have an auto or home policy, you can expect increases on those as well. Since the pandemic, we’ve seen an increase in the number of drivers with NO insurance. Even though it is a law to carry liability insurance, there are many who go without. I’m still seeing temp tags on vehicles from 2022 and even 2021 and to this day, we talk to people that are having to choose between putting food on their table or insurance on their car. e impact of the increase of uninsured drivers trickles down and affects those of us that DO have auto insurance. Check the premiums being charged for this coverage and you’ll see for yourself how it has increased drastically in the past few years.

As far as homes are concerned, although the real estate market has slowed down with higher interest rates, the market value is still strong. e cost to rebuild a home today is more than it was five years ago, or even two years ago, for that matter. If you’re not reviewing your policies on an annual basis, make this a priority! You may identify gaps in coverage and discover that your replacement cost is not adequate to rebuild your home. Call or text the Rippy Agency for your complimentary review.