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Mark Olsen Insurance

1870 Dublin Blvd, Ste E,
Colorado Springs, CO 80918
(719) 593-9916

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You are here: Home / General / Rising Premiums and What to Do About It

Rising Premiums and What to Do About It

By Mark Olsen on July 11, 2023

Many of my clients have noticed their premiums increasing so I wanted to address it. Unfortunately, the insurance industry is seeing a rise in premiums across the board. Our industry is being negatively affected by the supply shortage which is causing the increase. It costs more now to fix a car or to build or to upgrade a home.

Here are some proactive ways you can keep your rates down.
  • Consider bundling your policies with Farmers. We offer a competitive discount when you bundle your Home, Auto, Life, Umbrella, or Recreational Vehicle policies with us.
  • Sometimes we can alter how and when you pay to get a discount. For example, making one annual payment rather than a monthly payment might provide an overall decrease in total cost.
  • We have other discounts such as participating in the Signal app safe driving program, completing a senior driver course, or signing up to go paperless just to name a few of our most popular ways our clients save.
  • Check out our Colorado specific discounts here.
The best way to see if you are missing out on some potential discounts is to schedule a Farmers Friendly Review with one of our qualified staff members. Please feel free to call our office to schedule a meeting to go over your current policies and to see if you are eligible for any additional discounts. (719)593-9916
We are happy to do your review in-person at the office over a cup of coffee or on the phone!
Thank you for your loyalty and business at this time. We appreciate it now more than ever. Thank you!

Filed Under: General

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Testimonials From Our Clients

He Frequently Saves Me Money

Mark meets with me once a year to review my insurance coverage, and adjust when necessary. I truly appreciate him doing this, including the money he frequently saves me. The service Mark and his dedicated and talented team provide my family and I are the reason I’ve been an Olsen Insurance customer for 25+ years.

Ross J.

Going Above and Beyond the Call of Duty

To Whom It May Concern: I just want to take the time out of my schedule to thank the Mark Olsen agency for going above and beyond the call of duty for me. They have done a terrific job for me and my family! For example: when my wife & 2 sons were rear ended in a car accident, Mark personally came to take me to the tow company’s lot to retrieve my personal belongings from the wrecked vehicle. When my wife had a blow out taking her mother to the emergency room, it was Jan Houston, Mark Olsen’s office… Read more “Going Above and Beyond the Call of Duty”

David C. M.

Super Service

Dear Mark: I wanted to drop a quick note to let you know how much I appreciate the super service you and your staff have provided to me. After dealing with only one other insurance company thus far, it is refreshing to be able to talk, face-to-face, with someone who is eager to assist. Please pass along to your entire staff my heartfelt appreciation! Sincerely,

Daniel B.

Correspondence Complimenting Service

Dear Mark: I just received a very pleasant letter from your insured’s Duane and Betty S. in which they are very complimentary of the service you provided them. During the course of each day, much of my correspondence would be considered negative or at least neutral. It is certainly a pleasure to receive positive correspondence complimenting the service of our agency force. Mark, thank you for providing the customer-focused service which generated this correspondence and brightened my day. I appreciate and commend you on your conscientious performance. Best personal regards, Don Mealer, CLU, LUTCF Assistant Regional Manager

Don Mealer, CLU, LUTCF

Letter of Recommendation

RE: Letter of Recommendation for the Mark Olsen Insurance Agency TO WHOM IT MAY CONCERN: The purpose of this letter is to recommend the Mark Olsen Agency for your insurance needs. Mark has provided life, auto, and home insurance for my family since 1986, and his office has always promptly and efficiently answered our insurance questions and provided exceptionally friendly service. If you should have any questions regarding Mark Olsen’s Insurance Agency, please do not hesitate to contact the undersigned.

Scott H.
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