Join Robyn Rowen, your trusted BIG I Minnesota lobbyist, in this insightful episode where we delve into groundbreaking legislation offering new deductible options for homeowners. Alongside Jake Olinger, President of Property and Casualty at Christensen Group Insurance, we explore how this new law allows policyholders to choose between percentage-based or flat deductibles, enhancing their control over insurance costs. This episode breaks down the negotiation process, the protective measures for consumers, and the potential cost benefits. Learn how these changes aim to deter storm chasers and promote more competitive construction pricing, ultimately benefiting both insurers and policyholders. We also discuss the educational challenges and opportunities this new option presents to the insurance community in Minnesota. Tune in for a comprehensive guide on how to navigate these changes.
2024 Big I Minnesota Legislative Session Recap: Video 5 – Allowing Percent of Loss Deductibles
