A homeowner had a premium of $6,693.90 financed at 22.2% APR, for a total annual payment of $7,031.87. With help from Palmetto Moon, the homeowner now has a premium of $5,585.14 financed at 12.26% with a total annual payment of $5,786.43. Without financing the homeowner will be saving $1,108.76 a year and with financing saving $1,245.44 a year.
Palmetto Moon helped a property and business owner in Charleston save over $2,000 on coverage for a West Ashley office building even with increased coverages as part of business owner’s and lessor’s risk policy.
A local commercial contractor was paying $17,734 a year in insurance coverage. After consulting Palmetto Moon, the contractor is not only saving $910 a year but also has increased coverage that protects his business even if sub-contractors do not have proper coverage. Palmetto Moon may be saving the contractor only a small fraction per year in premiums, but the potential long-term savings on liability if something should happen with a sub-contractor who is not properly insured could be significant enough to mean the difference between his business thriving or failing.
A customer came to Palmetto Moon with a six-month auto insurance policy with a premium of $413.21. Palmetto Moon revamped her policy and gave the driver the same coverage and deductibles for $100.21 less, saving the customer over $200 a year.