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 Schepp: 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 About Linda Grizely: Linda Grizely, CFP®, is a personal finance expert and financial wellness speaker who helps people build confidence and clarity with their money. She is the creator of the MeMoney™ Method, a mindset-first approach that helps people feel more in control of their financial decisions — without judgment or lecture. Linda focuses on blending the numbers and tactics (real money) with the human side of money (real life), helping individuals and organizations replace overwhelm with empowerment through practical, emotionally grounded financial education. She is the host of the podcast Real Money, Real Life™. 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://bit.ly/RealMoneyRealLifeCommunity Useful Personal Finance Checklists and Flowcharts: www.lindagriz.com/resources