Comments on: Insurance is a Piece of A.R.R.T. – 4 Easy Ways to Manage Risk

By: Dean Loux

Dean Loux — Mon, 08 Mar 2010 01:28:40 +0000

Great post Chris! Sometimes it just takes simple common sense and timely reminders for people to reduce their risk. In my line of work as a mortgage consultant, I especially appreciate your efforts to educate clients.

By: Joe Heidler

Joe Heidler — Thu, 25 Feb 2010 14:45:56 +0000

That is a great first post Chris and a terrific reminder of ways to manage risk. Thank you and good luck!

By: Chris Vogt

Chris Vogt — Wed, 24 Feb 2010 19:40:16 +0000

Yes, argueably the best transfer of all! I don’t know too many people that enjoy reading the details of their insurance policies during their free time unless they are having trouble falling asleep. Thanks for the comment.

By: Jeremy Walter

Jeremy Walter — Wed, 24 Feb 2010 16:59:27 +0000

This brings back thoughts of business school – transferring risk as the essence of insurance. When we explain this to clients, it helps show the necessity of insurance, of all kinds.

In addition to the transfer of risk: transferring the task of reading the depths of each policy to your friendly independent agent. Ha.

By: Baron Insurance Group

Baron Insurance Group — Wed, 24 Feb 2010 16:48:23 +0000

Brett,

Thanks for the comment and following our blog.

That is a great point! Risk is not predictable but paying insurance can be. The key is to make sure a family or business has the right insurance for their unique circumstance and making sure to update those policies as their needs change. Managing risk is definitely not a one-time deal.

By: Brett Cohrs

Brett Cohrs — Wed, 24 Feb 2010 13:27:22 +0000

Great information! Look forward to following the blog.

What I’ve discovered: I never think I need a coverage because I think of that specific event happening and whether it’s probable.

I’ve learned it’s so much more comforting when I can transfer as much risk as possible because I can plan on my insurance expense. I can’t plan on sump pumps failing (or not) or an uninsured driver plowing into my vehicle.