Burg Insurance Group

Are You Overpaying for Insurance?

What $58,806 in annual savings teaches us about the real cost of not shopping your coverage

Are you overpaying for business insurance in Texas? Most business owners are insured — but far fewer are confident they’re paying the right price.

The gap between those two things is exactly where we live as an independent insurance agency. And recently, that gap turned out to be worth $58,806 a year for one of our clients.

Here’s what happened — and what it means for you.

A six-figure insurance bill on autopilot

Our client runs a successful commercial landscaping business in Texas. He did not realize that he was overpaying for business insurance.  Over the years, as his company grew, so did his insurance footprint — commercial vehicles, equipment, employees, a couple of homes, investment properties. Policies were added as the need arose, and each year’s renewal notices were paid without much question.

By the time he came to us, his total annual insurance spend had reached $160,167 across his commercial lines, personal policies, and investment property coverage.

He wasn’t underinsured. He was simply overpaying for business insurance — and he had no idea.

"I always assumed I was getting a fair deal. I just never had anyone in my corner whose job was to actually check."

What one portfolio review changed

When we sat down with him, we didn’t just look at one policy. We reviewed everything — commercial coverage, personal lines, investment properties — as a complete picture. Then we went to market.

The results came back category by category:

Commercial lines (GL, inland marine, auto fleet & umbrella) — $86,930 → $60,844saved $26,086
Personal auto alone — $17,108 → $5,875saved $11,233
Investment property premiums — $44,000 → $24,000saved $20,000

$160,167 per year  →  $101,361 per year
Total annual savings: $58,806

Commercial$26,086saved / year
Personal$12,720saved / year
Investment properties$20,000saved / year

Same protection. Better-fit carriers. Over $58,000 back in his pocket every single year.

This isn't unusual — it's the norm

We wish this were a one-off story. It isn’t. The pattern shows up constantly when business owners in Texas are overpaying for insurance:

  • Policies placed years ago and never re-shopped
  • Multiple carriers with no one reviewing the full picture together
  • Renewal notices paid because it’s easier than questioning them

Insurance markets move. Carrier pricing shifts. A rate that was competitive three years ago may be well above market today — and your carrier is not going to call you to flag it.

The real issue isn’t the carriers. It’s that most business owners are working with captive agents who can only offer one company’s rates, or with no independent insurance agent actively shopping on their behalf. That’s the entire reason independent agencies exist.

Could your business insurance bill look different?

If any of these sound familiar, it’s worth a conversation:

  • You haven’t shopped your commercial coverage in more than two years
  • You’ve never had someone review your business, personal, and property policies as a single portfolio
  • Your insurance spend has grown alongside your business but nobody has reviewed whether it should have
  • You’re not entirely sure what you’re paying or whether it reflects today’s market

A review doesn’t have to mean change. Sometimes the answer is that you’re well-covered and well-priced — and that’s worth knowing too. But in our experience, for business owners who haven’t shopped in a while, it almost always turns up something.

Ready to find out what you're leaving on the table?

We offer complimentary portfolio reviews for business owners, families, and property investors throughout Texas. No pressure. No obligation. Just clarity.

Get Your Free Review (281) 351-6944

Based on an actual client engagement. Individual results will vary based on coverage needs, risk profile, location, and carrier eligibility. No client names have been used without permission.

Frequently asked questions

Common questions about business insurance reviews and what to expect when you work with Burg Insurance Group.

The most reliable sign is that you haven't shopped your coverage in more than two years. Insurance markets shift constantly — carrier pricing, underwriting appetites, and competitive rates all change. If nobody has actively gone to market on your behalf recently, there's a good chance your premiums no longer reflect what's available today. A complimentary portfolio review from Burg Insurance Group will tell you exactly where you stand.
A captive agent works for one insurance company and can only offer that company's products. An independent agent like Burg Insurance Group works with dozens of top-rated carriers. That means we can shop your risk across the full market and find the best available coverage at the best available price — something a captive agent simply cannot do.
We review every policy you carry — commercial lines, personal insurance, and investment properties — as a complete picture rather than in isolation. We then take your full risk profile to market across our carrier network. You receive a clear comparison of what you're currently paying versus what's available, along with our recommendation. The entire process is complimentary and carries no obligation.
Not if done correctly. Every policy we recommend is reviewed line by line to ensure your coverage limits, deductibles, and terms are equivalent to — or better than — what you currently have. We never recommend a change that compromises your protection. The goal is always the same coverage at a better price, not less coverage at a lower price.
It depends on your specific risk profile, coverage types, and how long it's been since your policies were last shopped. We recently helped a Texas business owner reduce his total annual insurance spend from $160,167 to $101,361 — a saving of $58,806 per year across his commercial, personal, and investment property coverage. Results vary, but business owners who haven't reviewed their coverage in a while often find meaningful savings.
There is no catch. As an independent agency, we earn a commission from the carrier when a policy is placed — the same way your current agent does. The review itself costs you nothing and carries no obligation. If we find better options, we'll show you exactly what they are and why. If your current coverage is well-priced, we'll tell you that too.
An initial conversation typically takes 20–30 minutes. We'll ask about your current policies, coverage needs, and business profile. From there, we go to market on your behalf and come back to you with a full comparison — usually within a few business days depending on the complexity of your portfolio.
Yes. While we are based in Cypress, Texas, we serve business owners, families, and property investors throughout the state. Whether you're in Houston, Austin, Dallas, or anywhere across Texas, our team can help you review your coverage and find better options.