The Secret Life of Your Insurance Premium: Where Your Money Really Goes

The Secret Life of Your Insurance Premium: Where Your Money Really Goes Ever wondered what’s really happening behind the scenes when you pay your insurance premium? At its core, insurance is all about sharing financial risk—many people contribute small amounts so that, when unexpected events happen, no one faces the full cost alone. In our latest blog, we break down: * The basics—premiums, deductibles, coverage limits, and claims. * A real-life example of how an auto accident claim plays out. * Common questions, from “Why are my premiums so high?” to “Can I have two policies for the same loss?” * How insurance companies protect themselves with reinsurance. We also share why Poole & Jackson Insurance is the right choice if you want clear answers, custom coverage, and local expertise you can trust.Read the full post to see how insurance protects your wallet—and your peace of mind.

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