2025 Rate Email

Subject: Your Insurance: Staying Protected in 2025 with [Your Agency Name]

Hi [Insured],

We value you and want to keep you informed about insurance trends impacting 2025. Navigating these changes can be tricky, and we're here to help.

Premiums are being affected by industry-wide shifts.

• Auto: After two years of 20%+ annual increases, experts predict a more moderate 3% to 5% rise in 2025. Factors like repair costs and claim frequency are stabilizing, but weather events and EV prevalence could still influence rates.

• Home: Following a 34% increase between 2017 and 2023, driven largely by severe weather, home insurance premiums are expected to continue rising in 2025, though potentially at a slower pace.

Our renewal team is ready to help you navigate these changes and ensure you have the best coverage and value. Because we represent multiple carriers, we're well-positioned to find you the right fit, even in this changing market.

Learn more:

• Blog Post: [Link to Blog Post]

• Video: [Link to Video]

We're your trusted insurance partner. Contact us with any questions.

Sincerely,

[Your Name] [Your Agency Name] [Your Contact Information]

Title: Your Insurance in 2025: We're Here for You

(Introduction)

As a valued client of [Your Agency Name], we want to keep you informed about the evolving insurance landscape and reassure you that we're here to support you. We understand that navigating these changes can be complex, and we're committed to providing you with the expert advice and personalized service you deserve.

(Auto Insurance: Navigating the Road Ahead)

After two consecutive years of significant increases exceeding 20%, auto insurance premiums are projected to rise more moderately in 2025, in the range of 3% to 5%. While this is welcome news, it's important to understand the factors still influencing rates:

• Rising Repair Costs: Inflation and ongoing supply chain issues continue to drive up the cost of vehicle repairs.Modern cars are increasingly equipped with sophisticated sensors and technology, adding to repair expenses. For example, a bumper with integrated cameras and sensors can cost hundreds, even thousands, of dollars more to replace than a standard bumper.   

• Increased Severe Weather: The frequency of severe weather events is impacting claims and affecting premiums.   

• Distracted Driving: A rise in distracted driving incidents contributes to increased accidents and claims.   

At [Your Agency Name], we're proactively reviewing our clients' policies to identify opportunities for savings amidst these industry-wide changes. We'll explore available discounts, assess your coverage needs, and provide personalized advice to help you manage your costs effectively.

(Home Insurance: Protecting Your Home, Managing Your Premiums)

Home insurance presents a different set of challenges. Following a substantial 34% increase in premiums between 2017 and 2023, largely driven by the increasing frequency and severity of natural disasters, the upward trend is expected to continue in 2025, though potentially at a slower pace. Key factors include:

• Increased Natural Disasters: Severe weather events like hurricanes, wildfires, and floods are increasing in frequency and severity, driving up claims costs. These events, even if geographically distant (like earthquakes in California or wildfires in the Smoky Mountains), can cause insurers nationwide to reassess risk and reinsurance costs, potentially impacting everyone's premiums.   

• Rising Construction Costs: Inflation and supply chain issues have made it more expensive to repair or rebuild homes.   

• Reinsurance Costs: The increasing expense of reinsurance for insurance companies is passed on to consumers.   

• Carrier Availability: Some carriers are reducing their offerings or even exiting certain states entirely, making finding the right coverage more challenging.

At [Your Agency Name], we represent multiple carriers, giving us the flexibility to find the right coverage for your specific needs. We'll work closely with you to evaluate your current policy, identify potential discounts, explore strategies to protect your home against weather-related risks, and ensure you have access to reliable protection in this changing landscape.

Your Trusted Insurance Partner

At StreetSmart, your trusted insurance partner, we're here to help you navigate the changing insurance landscape. We're committed to providing:

• Proactive Policy Reviews & Cost Management: We identify savings opportunities and help you manage costs effectively.

• Access to Multiple Carriers: We find the right coverage for your specific needs and budget.

• Comprehensive Policy Evaluation: We assess your coverage, explore discounts, and analyze weather-related risks to ensure you have reliable protection.

We'll be reaching out to you soon to schedule your annual policy review. In the meantime, please don't hesitate to contact us with any questions. [Phone Number] | [Email Address] | [Website]

Google Vids https://docs.google.com/videos/d/1aiURTrTrEu-yHe7gwsNJKisErSc3l9L0rxMi7SUFh4o/edit?usp=sharing

(Video opens with a friendly, upbeat musical track and visuals of diverse families in various settings – driving, at home, enjoying leisure activities.)

Narrator: Hi everyone, and thanks for being a valued client of [Your Agency Name]. We know that insurance can sometimes feel complicated, and that's why we're here to make it easier for you.

(Music softens slightly. Visuals shift to a friendly agent in the office.)

Agent: The insurance world is always changing, and 2025 is no different. We want to keep you in the loop about some important trends we're seeing, so you're always prepared.

(Visuals shift to animated graphics highlighting key points as the agent speaks.)

Agent: For auto insurance, after a couple of years of significant increases, we're expecting things to level off a bit in 2025, with more moderate increases projected. But it's still important to be aware of what's driving these changes. Things like rising repair costs, especially with the high-tech features in today's cars, severe weather, and distracted driving all play a role.

(Visuals shift back to the agent.)

Agent: Home insurance is a bit different. We've seen substantial increases in recent years due to more frequent and severe natural disasters. Unfortunately, this trend is likely to continue. And it's not just local events that impact rates. A wildfire in California or a hurricane in Florida can affect everyone, as insurance companies reassess risk nationwide. Rising construction costs and the increasing cost of reinsurance also contribute. We've even seen some insurance companies reducing their offerings or leaving certain states altogether, making it more challenging to find the right coverage.

(Visuals shift to show diverse homes and weather patterns.)

Agent: Now, here's the good news. At [Your Agency Name], we're on your side. We represent multiple insurance carriers, which gives us the flexibility to find the best coverage and value for you, even in this changing market. We're constantly reviewing our clients' policies to identify savings opportunities and ensure you're protected.

(Visuals shift back to the agent.)

Agent: We know these changes can be concerning, but you don't have to navigate them alone. Our team of experienced professionals is here to answer your questions, explain the trends, and help you find the right solutions for your unique needs. We'll be reaching out to you soon to schedule your annual policy review, where we'll discuss your individual situation and explore ways to keep your costs down.

(Visuals shift back to families and upbeat music returns.)

Agent: At [Your Agency Name], we're more than just insurance – we're your partners. We're committed to keeping you informed, protected, and confident in your coverage. Thanks for being part of the [Your Agency Name] family.

(Video ends with your agency's logo and contact information.)