Blog – Page 6 – Frees Insurance

Smart Home Technology Savings

Smart home technology offers ease and convenience, allowing you to do things like turn lights on and off automatically while you’re on vacation or see who’s at your front door while you’re at work. But you may not know it also can help protect your home and reduce home insurance costs. How? In addition to helping to make life easier and give you greater peace of mind, smart home technology can help you protect your home and your possessions from

November 26, 2019

The Future of Insurance – Pt. III

“The only constant is change.” – Heraclitus The future of insurance will be greatly affected by everything, and in my opinion, nothing. Insurance deals with the sudden and accidental loss both in your car and in your home. There are emerging technologies that will make for a “smart” house or they tout “accident avoidance.” It is important to recognize that it isn’t called a “brilliant” or “genius” house. Maybe they should call it “Just smart

November 19, 2019

The Future of Insurance – Pt. II

Information storage occurs in bytes. First there were bytes, then kilobytes. Now? We have moved through terabytes and exabytes and we now measure data storage in yottabytes. What does all of this mean for insurance? Insurance loves the science of actuary. Actuary is the theory of large numbers. Give an actuary a sample with 1 million or more records, and they can reasonably predict things. They can tell you how many people will die, how

October 29, 2019

Crime Prevention Month: Home Safety

Every 13 seconds, a burglary occurs somewhere in the U.S., adding up to approximately 2.5 million burglaries each year, according to Alarms.org. Two-thirds of those crimes are home break-ins, and if it were not for home security systems, that figure could be significantly higher — a study from UNC Charlotte found that 83% of convicted burglars said they checked for an alarm system before attempting a break-in, and 60% said they would change their mind if a system was

October 2, 2019

The Future of Insurance – Pt. I

It’s 1984 and little has changed in the insurance world. We still use manual typewriters. Insurance policies have $50 deductibles for home insurance and replacement cost protection for houses and contents doesn’t exist yet. Fast forward 35 years and the insurance world is entirely different. The fax machine has come and gone. Regular mail is almost a thing of the past and if it cannot be done on an app, one had better be in

September 17, 2019

“But My Friend Pays Less”

Have you ever been out to dinner with friends or neighbors and you start talking about auto insurance? It always seems like your friend or neighbor is paying less than you. It doesn’t make sense. You’ve seen the dents in their car; you are definitely a better driver. Why are you paying “more” for your insurance? We get this question at the office on a weekly basis. Everyone is looking to save money. Here are

September 12, 2019

Frees Advice