Home, Auto, & Umbrella Insurance: What to Review (and Why Rates Are Rising) with Mary Schepp | Ep 11
Episode Description: In this episode of Real Money, Real Life™, Linda talks with Mary Schepp about what really falls under property & casualty (P&C) insurance, how umbrella policies work, and why premiums have been climbing.
We talk about:
- P&C 101: the difference between property coverage and casualty (liability)
- Umbrella insurance as excess liability and when it can protect your assets
- Deductibles (all‑peril vs. wind/hail) and how percentage deductibles work
- Replacement cost vs. actual cash value on roofs, matching endorsements, and common exclusions
- Why rates are rising: catastrophe losses, rebuild costs, and using insurance like a maintenance plan
- Why to review your home/auto policies with your agent at renewal
- What "full coverage" on auto really means (liability + collision + comprehensive)
About Mary:
Mary Schepp is the Agency Manager at Brightway Insurance, The Janicki Agency, with over 25 years' experience in the real estate industry, customer service, and management—including time as a loan officer and as an insurance agent. She's an active community advocate through The Rotary Club of Cary‑Grove, the Cary‑Grove Area Chamber of Commerce, and Fresh From Local Farms Organization.
Connect with Mary:
Website: https://brightwayjanicki.com
Phone: 847-807-3200
Connect with Linda:
Website: https://www.LindaGriz.com
Instagram: https://www.instagram.com/lindagrizely
Facebook: https://www.facebook.com/thelindagrizely
LinkedIn: https://www.linkedin.com/in/linda-grizely
YouTube: https://www.youtube.com/@LindaGrizely
TikTok: https://www.tiktok.com/@lindagrizely
X (Twitter): https://twitter.com/LindaGrizely
Resources/Freebies:
What's Your Money Personality Quiz: https://bit.ly/MonPersQuiz
What's Holding You Back from Financial Confidence Quiz: https://bit.ly/FinConfidQuiz
Join Linda's Free Community: A space for real talk, fresh starts, and women who are done putting themselves last. https://info.lindagriz.com/widget/form/7NpbG0FdJW2Lwp57R0wj
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