hi, greg ganyo here, once again we want toshare with you one of the most well kept secrets by the insurance industry. and this littletip alone will help you save hundreds if not - thousands of dollars on your insurance billsevery year. it's a very simple concept but i wanted to take a break it down into smallernumbers so everybody can get it and make sure that you are not spending more money thanyou have to on your insurance. first, let's talk about the insurance company doesn't matterwhich company you choose, when you look at the tv, what do you see: every commercialthere is somebody telling you that they're going to save you 15%, right? and the waythey know they can do this is because they have is you sitting in the big bucket. youare sitting in their big bucket right here
and what is it? this is there book of business,this is all the people that they have insured and what happens is they want to go out andattract new people and they want to bring them, but they gotta bring them into the littlebucket, here's why, because if they put them into the big bucket the one way that they'regoing to try to attract people is by lowering prices .but if they lower prices on a thousandpeople so that each of those peoples paying $1,000 and lower $1000 down to $900 and nownine hundred people getting $900,000 dollars worth of premium .they can take in lower thatwith the expectation of growing 10% because if they grow 10% they're getting the exactsame amount of premium except they have 10% more people this is a bad deal because theexposure is greater and going to have more
losses they lose money on this so what theydo is they keep you in this big bucket you are paying more and every year your rate slidesup and up and up and let you shop unless you go and look to the other company and get intotheir little bucket they will not let you into their little bucket but you can go somewhereelse and go into their little bucket. now this little bucket is designed with betterpricing the only people that can come in here are the clean people ,so you can come in andyou have no tickets you and no accidents you can get the very best pricing from anybodyelse you talk to. so it's really important every three to five years that you get outof somebody else's big bucket and into the somebody's little bucket this is why an independentagent can help you best because you don't
want to change agents if you really get alonggood. we hate politics , we hate insurance companies but we like the person we're doinggood business with. so that said by dealing with an independent agent i learned this after30 years of being a captivate i now have more options to make sure you're happy and whensome companies big bucket gets filled i can move you to a little bucket without havingto say "gosh, i'm sorry i can't do business with you anymore". so this is it in a nutshellmake sure every three to five years we have compared the market changes all the time andwe want to get you the very best pricing i saved one of my friends $4,000 moving himfrom somebody's big bucket into the little bucket and this was only three cars and ahouse it is the numbers just get crazy because
every year they go up and up .so take a minuteto look at your own policies we would love to help you if we can. thanks and have a greatday we will talk to you again soon.