P&G Insurance Brokers Insurance Review
Brief Introduction and Overview of the Company
P&G Insurance Brokers is an independent insurance brokerage firm established in 1992 by Barry Perlstein. Headquartered in Brooklyn, New York, the company has significantly expanded its reach, now serving the tri-state area and beyond. P&G Insurance Brokers distinguishes itself by providing dependable risk-management solutions, focusing on customized insurance coverage tailored to the specific needs of individuals, families, and businesses.[1] Their commitment to personalized service and comprehensive plans has solidified their position as a leading independent agency in the Northeast.[1,3]
Key Highlights of the Company’s Market Position and Reputation
P&G Insurance Brokers enjoys an excellent reputation, built on a foundation of reliable service, trustworthy advice, and comprehensive coverage options.[1] A key differentiator is their dedication to partnering with insurance companies consistently earning A+ ratings from A.M. Best reports, underscoring their commitment to quality and financial stability.[1] This steadfast commitment to excellence has propelled P&G to become one of the largest independent insurance agencies in the Northeast.[1] Their focus on client needs and thorough risk assessment sets them apart in a competitive market.[3,4]
Overview
Year of Establishment and Background Story
Founded in 1992 by Barry Perlstein, P&G Insurance Brokers began as a local firm offering personal and commercial insurance lines to businesses within Brooklyn, New York.[1] Through consistent growth and strategic expansion, P&G has evolved into a comprehensive insurance provider offering a wide range of products and sophisticated risk-management solutions.[1] Their journey reflects a commitment to adapting to market changes and providing clients with evolving needs.[3]
Key Milestones in the Company’s History and Growth
- 1992: Founded by Barry Perlstein.
- Early 2000s: Expanded services to encompass commercial insurance and advanced risk-management solutions. This marked a significant step in their growth trajectory, catering to the increasing insurance demands of businesses of all sizes.
- Present Day: One of the largest independent insurance agencies in the Northeast, serving a vast clientele of individuals, families, and businesses.[1] Their success showcases adaptability and consistent client satisfaction.
Regulatory Compliance and Licenses
P&G Insurance Brokers operates with the necessary licenses and certifications mandated by regulatory bodies.[1] While specific license details aren't readily available on their website, it's advisable to contact the company directly to obtain this information.[1] This transparency in regulatory compliance reassures clients of their adherence to industry standards. It is important to verify this information independently before conducting business.
Insurance Products and Services
Main Insurance Products
Types of Insurance Offered
- Auto Insurance: Offers comprehensive coverage, including liability, collision, and comprehensive protection, catering to diverse driving needs and vehicle types.[1]
- Home Insurance: Provides customized homeowner insurance plans, accommodating various property types such as apartments, seasonal homes, and high-value estates, reflecting an understanding of diverse housing needs.[1]
- Health Insurance: Specializes in healthcare-related insurance solutions tailored to assisted-living facilities (ALFs), nursing homes, and other healthcare agencies, demonstrating expertise in this niche sector.[1]
- Commercial Insurance: Offers coverage for businesses of all sizes and types, including mixed-use properties and construction projects, reflecting their ability to serve a broad range of commercial entities.[1]
Coverage Options and Policy Details
P&G Insurance Brokers provides extensive coverage options, meticulously customized to meet individual client requirements.[1] They work collaboratively with multiple insurance carriers to find the optimal balance between comprehensive protection and cost-effectiveness. Beyond insurance placement, they offer invaluable risk-management services to help clients minimize premium costs and mitigate potential risks.[1] This holistic approach is a key element of their service.
Additional Services
Other Services Provided
- Claims Assistance: P&G's dedicated claims specialists provide comprehensive support throughout the entire claims process, ensuring clients receive timely and effective assistance during challenging times.[1]
- Financial Advisory: The company extends its services to include financial advisory support, helping clients effectively manage their insurance portfolios and plan for long-term financial security.[1]
- Retirement Planning: P&G offers retirement planning services, recognizing the importance of long-term financial security and assisting clients in securing their future.[1]
Premiums and Pricing
Pricing Structure
Overview of Premium Rates for Different Types of Insurance
While P&G Insurance Brokers doesn't publicly list specific premium rates on their website,[1] their reputation and approach suggest competitive pricing. Their commitment to shopping the market on behalf of their clients and representing highly-rated insurance carriers signifies their dedication to securing the best value for their clients.[1]
Comparative Analysis with Industry Averages
A direct comparison to industry averages isn't provided on the company's website.[1] However, their focus on delivering exceptional value to their clients strongly suggests their pricing is designed to be competitive within the market. Individual quotes are necessary for an accurate comparison.
Discounts and Special Offers
Available Discounts
- Multi-Policy Discount: Clients who bundle multiple insurance policies often receive significant discounts, rewarding their loyalty and consolidating their coverage.
- Safe Driver Discount: Drivers with clean driving records are typically eligible for discounts, recognizing safe driving practices.
- Loyalty Rewards: Long-term clients may receive discounts as a sign of appreciation for their continued patronage.
Promotional Deals and Limited-Time Offers
P&G Insurance Brokers doesn't prominently advertise specific promotional deals or limited-time offers on their website.[1] To learn about any current promotions, it's best to contact the company directly. This approach ensures clients receive the most up-to-date information.
Customer Service and Support
Contact Methods
Available Customer Service Channels
- Phone: 718.854.2818 (Brooklyn, NY)
- Email: [email protected]
- Online Application: Available on the company’s website
Availability of 24/7 Support and Multilingual Assistance
P&G Insurance Brokers provides dedicated agents who proactively contact clients after online application submission.[1] However, their website doesn't explicitly mention 24/7 support or multilingual assistance.[1] Contacting them directly will provide clarification on these specific services.
Pros and Cons of P&G Insurance Brokers Insurance
Pros
Advantages of Choosing This Insurance Company
- Comprehensive Coverage: P&G offers meticulously customized coverage plans tailored to individual client needs, ensuring thorough protection.
- Reliable Service: The company has a consistently strong reputation for delivering reliable service and providing honest, trustworthy advice.
- Risk-Management Services: P&G's proactive risk-management services help clients minimize premiums and prevent potential incidents, adding significant value beyond basic insurance.
Cons
Potential Drawbacks or Areas for Improvement
- Limited Public Information: Detailed information on specific premium rates, promotional offers, and multilingual support isn't readily available on the website, necessitating direct contact for complete details.
- Regulatory Compliance Details: Specific licenses and certifications aren't explicitly detailed on the official website; further verification may be needed for complete transparency.
Conclusion
Summary of the Main Points Covered in the Review
P&G Insurance Brokers is a well-established independent insurance brokerage firm with a long track record of dependable risk-management solutions.[1] They offer a broad range of insurance products, including auto, home, health, and commercial coverage, catering to diverse client needs.[1] Their customized coverage plans and proactive risk-management services are key strengths. However, some details regarding pricing and regulatory specifics aren't readily accessible on their website.[1]
Recommendations on Who Would Benefit Most from the Company’s Insurance Offerings
P&G Insurance Brokers is an excellent choice for individuals, families, and businesses seeking comprehensive, personalized insurance solutions.[1] Their commitment to finding the most favorable terms for their clients, combined with their risk-management expertise, makes them a valuable resource in the tri-state area and beyond.[1]
Frequently Asked Questions about P&G Insurance Brokers Insurance
Answers to Common Questions about the Company’s Policies, Claims Process, and More
- How Do I Get a Free Insurance Quote? Contact P&G Insurance Brokers at 718.854.2818 or complete the online application form on their website.[1]
- What Types of Insurance Do You Offer? P&G offers auto, home, health, and commercial insurance, along with specialized coverage for healthcare agencies and construction projects.[1]
- Do You Provide Risk-Management Services? Yes, P&G provides valuable risk-management services to help clients reduce premiums and prevent potential incidents.[1]
- How Do I File a Claim? Contact P&G's claims department directly for assistance throughout the claims process.[1]
Key Takeaways:
- P&G Insurance Brokers provides a wide range of insurance products and services.
- They are known for their customized coverage plans and risk management services.
- While their reputation is strong, more detailed information about pricing and regulatory compliance could enhance transparency.
- Contacting them directly is recommended for obtaining specific details.
References
- https://pandginsurance.com/
- https://rocketreach.co/pg-insurance-brokers-profile_b5e300c4f42e6c8d
- https://www.cbinsights.com/company/pg-insurance
