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November Newsletter Recap

November Newsletter Recap

| November 02, 2022

The Newsletter:


November Reminder!

We will donate 2% of the written premium that comes from a referral, to local no-kill animal rescues, Home Fur Good, Circle L Ranch Animal Rescue & Sanctuary, and Lost Our Home Pet Rescue! 

A Warm Welcome

Welcome to Kohlhase Insurance! This is our third newsletter, and we are in the middle of holiday season! We hope everyone had a wonderful Halloween! Send us your best Halloween pictures and we will share them to our social media accounts! (Kendra@kohlhaseins.com) You might even get to see some of our staff's costumes!

We would like to congratulate our Personal Lines CSR, Lacey on entering her beautiful baby girl into this world on October 13th!

We would like to welcome our new Personal Lines CSR, Bunny to the team! Bunny is currently a CSR but has fast plans to get licensed and become an agent with our team!

For those of you that like to keep in touch and up to date on Lee Kohlhase. He celebrated his 74th birthday on the 28th!

We would like to thank all our new customers for trusting us with your business's, and personal policies! We know it is a huge decision on who to have as your agent. And we would like to say thank you! Welcome to the family!


This Month's Discussion

Cryptocurrency:

What is cryptocurrency?

Cryptocurrency is a digital asset with no inherit value and is managed by a network of volunteer contributors, called "nodes". Cryptocurrency is a non-physical asset.

Okay, but what does this even have anything to do with insurance?

Some of the biggest risks with Cryptocurrency are: 1. Trading! The industry is not regulated and currency is not backed up by government or any central bank. Even though it is designed to be theft-proof, the risk of theft and cyber-crime is very high. 2. Business registration and licensing is a risk for investors. 3. Because cryptocurrency is stored all online this attracts hackers and scammers.

Because of the risk factors, this has opened up a market for insurance agents and companies. Consumers want to know that they can insure their Cryptocurrency to protect themselves from all the risks.

Cryptosurance is the only insurance that protects crypto holders from scams. It protects the original investment up to their active coverage amount. Before investing it is imperative to check with your agent to make sure they are able to cover your Cryptocurrency!