Exploring Bundling: Pros and Cons of Combining Insurance Policies

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You’ve probably heard the pitch: “Bundle your policies and save!”—and it’s not just a marketing line. Bundling insurance policies like auto, home, renters, or business coverage can offer real savings and convenience. But is it always the best choice?

Let’s explore the advantages and potential drawbacks of bundling your insurance so you can make an informed decision that fits your needs—not just your budget.

The Benefits of Bundling Insurance Policies

1. Potential Cost Savings

One of the biggest perks of bundling is the discount. Insurance companies often offer multi-policy discounts when you combine products like home and auto or business and liability. You could save anywhere from 10–25% by bundling auto and home insurance with the same provider.

2. Simplified Billing and Management

Bundling means fewer logins, fewer bills, and a more streamlined experience. You’ll often work with just one agent, receive one statement, and have one renewal date—which makes life easier.

3. Improved Loyalty Perks

Insurers tend to reward long-term, multi-line customers with better rates, priority service, or even enhanced coverage options (like accident forgiveness or deductible reductions).

4. Better Coordination During Claims

When multiple policies are with the same insurer, claims involving multiple areas (like a home fire that damages a car in the garage) can be handled more smoothly without juggling different companies.

Potential Drawbacks to Consider

1. Not Always the Cheapest Option

While bundling can lower costs, it doesn’t guarantee the best price on every policy. One company may offer a great auto rate but high premiums for home coverage. Always compare stand-alone quotes.

2. Coverage Gaps or Overlaps

Some insurers may have different policy language or exclusions, and bundling might create gaps or duplicate coverage if not reviewed carefully. Always ask your agent to evaluate where policies intersect.

3. Less Flexibility to Switch Providers

Bundling can make it harder to change one part of your insurance. For example, switching auto insurers might cause you to lose a home discount, which could increase your overall cost.

Bundling makes sense for many people—especially if the discount is meaningful, the coverage is strong, and you enjoy the convenience of a single provider. But it’s not a one-size-fits-all solution. Take time to compare quotes, review coverage, and consult with a knowledgeable agent.

You can experience the benefits of being a part of a full-service Independent Insurance Agency today! Simply contact Briggs Agency, Inc. if you are interested in an insurance review at 219-769-4840 or visit our website at www.BriggsAgency.com. We look forward to hearing from you!

Blog post written by: Caden Gliva

Insurance for High-Net-Worth Individuals: What to Consider

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When you’ve worked hard to build significant wealth, protecting that wealth isn’t just smart—it’s essential. Yet many high-net-worth individuals are unknowingly underinsured, relying on standard policies that fail to cover their unique assets and risks. From luxury homes and vehicles to art collections and liability exposures, a one-size-fits-all policy just doesn’t cut it. If you have a high-value lifestyle, your insurance should reflect it.

🏠 Why High-Net-Worth Individuals Need Specialized Coverage

Standard homeowners, auto, and umbrella insurance policies often have coverage limits and exclusions that don’t align with the assets and lifestyle of high-net-worth (HNW) clients. You may require higher limits, broader protection, and custom solutions that go far beyond the typical policy.

Key Coverage Options to Consider

High-Value Home Insurance

If your home is worth $1 million or more, traditional homeowners’ insurance likely won’t cover the full replacement cost or high-end materials.

What to Look For:

  • Guaranteed or extended replacement cost coverage

  • Coverage for rare materials, custom architecture, and landscaping

  • Cash settlement options in case you choose not to rebuild

  • Risk mitigation services (e.g., fire protection consultations)

Valuable Personal Property Coverage

Luxury lifestyles often include art, jewelry, collectibles, designer wardrobes, or rare wine. These items can exceed the sub-limits in standard policies.

What to Look For:

  • Scheduled personal property coverage for high-value items

  • Agreed value or market value coverage

  • Protection during travel or at secondary homes

  • Appraisal and valuation assistance

Enhanced Liability Coverage

With wealth comes visibility—and liability risk. One lawsuit or accident could put your personal fortune in jeopardy.

What to Look For:

  • High-limit umbrella liability insurance (up to $100 million+)

  • Coverage for domestic employees, social media liability, or defamation

  • Directors and Officers (D&O) insurance for board service

  • Employment Practices Liability (EPL) if you have staff

Coverage for Secondary Homes, Yachts, and Exotic Cars

Many HNW individuals own multiple residences, collector vehicles, or watercraft that require specialized underwriting and claims handling.

What to Look For:

  • Comprehensive policies that bundle all residences

  • Agreed value coverage for exotic or classic cars

  • Worldwide coverage for watercraft or private aircraft

  • Concierge-level service with quick claims resolution

Kidnap, Ransom, and Cyber Insurance

As your profile rises, so do risks like cyber extortion, identity theft, and even kidnapping—especially when traveling.

What to Look For:

  • Kidnap and ransom insurance with crisis response services

  • Cyber liability coverage for identity theft, fraud, and data breaches

  • Monitoring and prevention services

Key Takeaways:

  • High-net-worth individuals face risks and needs that go beyond traditional insurance

  • Specialized policies can cover luxury homes, valuables, liability exposure, and lifestyle risks

  • A private client insurance advisor is key to building a tailored and comprehensive protection plan

You’ve invested time, energy, and resources into building your wealth—don’t leave it exposed with off-the-shelf coverage. The right insurance plan offers more than protection; it offers peace of mind. With the right advisor and policies in place, you can focus on living well—while knowing your legacy is well protected.

You can experience the benefits of being a part of a full-service Independent Insurance Agency today! Simply contact Briggs Agency, Inc. if you are interested in an insurance review at 219-769-4840 or visit our website at www.BriggsAgency.com. We look forward to hearing from you!

Blog post written by: Caden Gliva

Fireworks Safety on the 4th of July and What to Do If Something Goes Wrong

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Don’t Let a Celebration Turn into an Emergency

Every year, the 4th of July lights up the sky with dazzling fireworks—but it also sends thousands of people to emergency rooms due to burns, fires, and accidents. While fireworks are a staple of Independence Day celebrations, mishandling them can lead to dangerous and even life-altering consequences.

In this post, we’ll walk you through how to stay safe while enjoying fireworks and what steps to take immediately if something goes wrong. Whether you’re lighting sparklers at home or attending a neighborhood display, these tips can help keep your holiday safe and fun.

Know the Risks Before You Light the Fuse

Fireworks may look harmless, but even small ones like sparklers can burn at over 1,200°F—hot enough to cause severe burns in seconds. Common fireworks-related injuries include hand and eye trauma, hearing damage, and burns.

Quick facts:

  • Over 10,000 firework-related injuries are reported each year in the U.S.

  • Children under 15 account for nearly 30% of those injuries.

  • Many injuries are caused by malfunctioning or mishandled fireworks

Fireworks Safety Tips Everyone Should Follow

If you’re planning to light fireworks yourself, these basic precautions can help prevent accidents:

  • Always follow local laws — Some areas ban certain fireworks entirely.

  • Have a clear, open area — Avoid lighting fireworks near homes, trees, or flammable materials.

  • Keep a bucket of water or hose nearby — For duds or emergencies.

  • Never relight a dud — Wait 20 minutes, then soak it in water.

  • Light one firework at a time — And back away quickly.

  • Supervise children closely — Even with sparklers or novelty items.

What to Do If Someone Gets Injured

Even with precautions, accidents can happen. Knowing how to respond quickly can minimize harm and improve recovery.

For Burns:

  • Stop the burning process immediately by removing the source and cooling the burn with water.

  • Do not apply ointments, butter, or ice.

  • Cover with a clean, dry cloth and seek medical attention if the burn is serious.

For Eye Injuries:

  • Do not rub or rinse the eye.

  • Do not apply pressure or attempt to remove debris.

  • Cover the eye with a shield (like a paper cup) and get emergency help right away.

For Fire:

  • Call 911 immediately if a fire breaks out.

  • Use a hose or extinguisher only if the fire is small and manageable.

  • Evacuate the area if there’s any doubt about safety.

When to Leave It to the Pros

If you’re unsure about using fireworks—or your state restricts them—attend a professional display instead. They’re safer, more impressive, and don’t put you or your loved ones at risk.

Professional shows are:

  • Operated by licensed technicians

  • Far less likely to cause injuries or fires

  • A great way to enjoy the holiday without the stress of safety concerns

 Celebrate with Caution and Confidence

Fireworks bring excitement to the 4th of July, but safety should always come first. By understanding the risks, taking proper precautions, and knowing how to respond in an emergency, you can protect yourself and others while still enjoying the celebration.

You can experience the benefits of being a part of a full-service Independent Insurance Agency today! Simply contact Briggs Agency, Inc. if you are interested in an insurance review at 219-769-4840 or visit our website at www.BriggsAgency.com. We look forward to hearing from you!

Blog post written by: Caden Gliva

What to Know about Flood Insurance: Is it Necessary?

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Think flood insurance is only for those living near rivers or coastlines? Think again. Every year, countless homeowners are blindsided by water damage caused by unexpected floods—in places they thought were safe. One heavy storm or blocked drainage system can turn a dry street into a waterlogged disaster zone. And without flood insurance? The cleanup could come straight out of your pocket.

Why Flood Insurance Matters More Than You Think

Flooding is the most common and costly natural disaster in the U.S., yet it’s also one of the most underinsured risks. Many homeowners assume their standard insurance policy covers flood damage—but it doesn’t. Flood insurance must be purchased separately, and without it, recovery can be financially devastating.

According to FEMA, just one inch of water in your home can cause over $25,000 in damages. From ruined floors and walls to destroyed appliances and mold remediation, the costs add up fast.

Understanding the Risk: Not Just a Coastal Problem

1. Flooding Can Happen Anywhere

While high-risk flood zones are more likely to experience flooding, over 20% of flood claims come from moderate-to-low-risk areas. A sudden storm, overflowing storm drains, or rapid snowmelt can flood neighborhoods that have never seen high water before.

Even if your home is outside the designated flood zone, you’re still at risk—just at a lower statistical level. Unfortunately, many people in these areas don’t carry flood insurance, believing it’s unnecessary.

2. Standard Homeowners Insurance Doesn’t Cover Floods

This is one of the biggest misconceptions among homeowners. Damage from rain entering through a roof or window might be covered—but groundwater entering your home is not. That means water seeping into your basement or flowing through the doors during a flash flood isn’t included in most policies unless you have specific flood coverage.

How Flood Insurance Works

Flood insurance can be purchased through the National Flood Insurance Program (NFIP) or from private insurers. Policies generally cover:

  • Structural damage to your home

  • Electrical and plumbing systems

  • Appliances like water heaters, furnaces, and refrigerators

  • Permanently installed carpeting and flooring

  • Foundation walls and staircases

You can also buy separate contents coverage to protect your belongings.

Keep in mind: There’s typically a 30-day waiting period before flood insurance takes effect—so don’t wait until a storm is forecasted.

The Cost of Being Unprepared

Without flood insurance, the full cost of repairs, replacements, and temporary housing may fall on you. While some federal disaster assistance may be available, it often comes in the form of low-interest loans—not grants—and only applies if a disaster is officially declared.

In contrast, flood insurance can provide the funds to help you recover quickly and safely, without accumulating debt or draining savings.

Don’t Wait Until It’s Too Late

Floods are unpredictable, and the cost of being unprepared can be overwhelming. Whether you live in a high-risk area or a neighborhood that’s never flooded before, flood insurance is a smart, protective investment.

You can experience the benefits of being a part of a full-service Independent Insurance Agency today! Simply contact Briggs Agency, Inc. if you are interested in an insurance review at 219-769-4840 or visit our website at www.BriggsAgency.com. We look forward to hearing from you!

Blog post written by: Caden Gliva

Life Insurance for Stay-at-Home Parents: Why It Matters

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When families think about life insurance, the focus often falls on the primary breadwinner. After all, their income supports the household financially. But there’s another crucial member of the family whose contributions, though unpaid, are just as vital—stay-at-home parents.

The Invisible Workforce at Home

Stay-at-home parents may not earn a paycheck, but their daily work is invaluable. They often serve as caregivers, housekeepers, chauffeurs, tutors, cooks, and more. If something were to happen to a non-working spouse, replacing their contributions would come with significant financial and emotional costs.

According to recent estimates, the value of a stay-at-home parent’s work can equate to a six-figure salary. Hiring professionals to fill the void—nannies, cleaners, drivers, or tutors—adds up quickly.

Why Life Insurance Is Essential

Here’s why life insurance for stay-at-home parents matters:

1. Covers Childcare and Household Costs

If the stay-at-home parent passes away, the surviving partner may need to pay for childcare, transportation, and household management. Life insurance can help cover these unexpected expenses.

2. Provides Financial Stability

Losing a partner is emotionally devastating. Life insurance can offer financial breathing room, allowing the surviving spouse time to grieve without the pressure of immediate financial strain.

3. Supports Long-Term Goals

A policy can help cover future educational costs, therapy for children, or other long-term needs, maintaining family goals even after a loss.

4. Demonstrates Equal Value

Taking out life insurance on a non-working spouse acknowledges the essential role they play. It affirms their contribution to the family’s overall well-being and stability.

Choosing the Right Coverage

Life insurance needs vary, but for stay-at-home parents, consider:

  • Term Life Insurance: Affordable and straightforward, it can provide a safety net for the duration your children are most dependent.

Coverage Amount: Estimate the cost of replacing daily responsibilities—childcare, transportation, and household help—over the policy term.

A Shared Responsibility

Just as financial planning includes retirement savings and investments, it should include protecting every member of the family. Insuring a stay-at-home parent is not just smart—it’s a crucial piece of a holistic family protection plan.

Navigating Insurance Claims: A Step-by-Step Guide

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When disaster strikes, are you ready to file an insurance claim?

Below is a simple step-by-step guide to help you through the process — from the moment something goes wrong to the final settlement.

1. Assess the Situation and Stay Safe

Before anything else, make sure you and others are safe. In emergencies like auto accidents or fires, call 911. Once everyone is out of harm’s way, begin documenting the damage if it’s safe to do so.

2. Review Your Insurance Policy

Take a few minutes to revisit your policy. Know what’s covered, what your deductible is, and any limitations or exclusions. This will give you a clearer picture of what to expect and help you ask the right questions when speaking with your agent.

3. Document the Damage

The more detailed your documentation, the smoother your claim process will be. Use your phone to:

  • Take clear photos and videos of the damage

  • Record the date and time of the incident

  • Keep receipts or invoices related to emergency repairs

This step is especially important for property, auto, and business insurance claims.

4. Contact Your Insurance Agent Promptly

Reach out to your insurance agent or company as soon as possible to start the claims process. Your agent will guide you through the initial steps and provide the proper claim forms or links to file online.

5. File the Claim

Submit all necessary documents and information:

  • The completed claim form

  • Photos, videos, and other supporting documentation

  • Police reports (if applicable)

Make sure to keep copies of everything you send in.

6. Meet with the Claims Adjuster

An adjuster may be assigned to assess the damage in person or virtually. Be prepared to:

  • Walk them through what happened

  • Show documentation

  • Answer questions honestly

The adjuster’s report plays a key role in determining your settlement, so transparency and organization are crucial.

7. Follow Up and Stay Informed

Keep communication open with your adjuster or agent. Don’t hesitate to ask for updates or clarification on timelines. Staying engaged helps ensure your claim moves forward without unnecessary delays.

8. Review the Settlement Offer

Once your claim is processed, you’ll receive a settlement offer. Review it carefully:

  • Compare it to repair or replacement estimates

  • Ask questions if something doesn’t add up

  • Negotiate if needed

You’re not obligated to accept the first offer if it doesn’t meet your expectations.

9. Finalize the Claim and Get Reimbursed

After accepting the settlement, your insurer will issue payment. Depending on the situation, this could go directly to you, a repair shop, or a contractor. Once everything is resolved, keep all records for future reference.

So Be Prepared, and Stay Informed.

You can experience the benefits of being a part of a full-service Independent Insurance Agency today! Simply contact Briggs Agency, Inc. if you are interested in an insurance review at 219-769-4840 or visit our website at www.BriggsAgency.com. We look forward to hearing from you!

Blog post written by: Caden Gliva

Meet the Team – Caden Gliva

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Caden Gliva is serving as a Marketing Intern at Briggs Agency for the summer of 2025. He joined the agency in 2025 and has quickly come to appreciate the welcoming atmosphere and the opportunity to work alongside such a supportive and professional team.

He is currently pursuing his degree in Marketing at Valparaiso University, with aspirations to build a career in social media marketing.

Outside of work, Caden enjoys spending time with friends, playing video games, discovering new music, and watching sports.

A fun fact about Caden is that he has a pet hamster named Munch.

Meet the Team – Leah Robertson

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Leah Robertson has recently joined Briggs Agency in 2026 as our Marketing Coordinator.

She is currently receiving her bachelor’s degree at Valparaiso University in Marketing and is licensed in Property & Causality.

Growing up in Crown Point, she loves to spend time with her friends and family and finds quality time crucial. Furthermore, she appreciates the culture here at Briggs Agency as we thrive on creating a welcoming environment and building connections. She, along with others, is proud to call Briggs her family.

Meet the Team – Matt Davis

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Matt Davis joined Briggs Agency in 2025 as an Insurance Producer and is licensed in Property & Casualty and Life & Health Insurance. He has 15+ years experience in the construction industry managing residential and commercial projects.

Matt combines his industry knowledge and prior business ownership experience to help clients find tailored insurance solutions and build lasting relationships.

In his free time, he spends times with his wife Kourtney and 3 children.

Meet the Team – Andrew T. Briggs

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Andrew T. Briggs has been with Briggs Agency since 2016 and currently serves as Vice President. He enjoys building strong relationships with business owners and the community, and helping clients manage risk.

Andrew holds a B.S. in Fire Protection Administration from Eastern Kentucky University and is licensed in Property & Casualty and Life & Health Insurance.

Originally from Crown Point, IN, Andrew outside of work enjoys spending time with family and friends, playing golf and hockey, traveling, and reading.

Fun fact: Andrew has 10+ years experience as a firefighter, and currently serves as a part-time firefighter/Advanced EMT in Cedar Lake.