2024 Arkansas Valley Drive, Suite 204 | Little Rock | 72212 | (501) 225-4599
Chad Millard has been in the insurance business for 19 years now, having graduated from Westminster College in Fulton, Missouri, with a B.A. in economics. His wife, GG, owns a mortgage company in Little Rock, and the couple has 6-year-old twins, Austin and Madison, and a 3-year-old son, Cooper.
Which lines of insurance do you specialize in? Residential: home & auto, life
Who is your mentor? My father, Robert, was an insurance agent for 42 years before retiring a few years ago. He taught me practically everything I know about the business. My wife owns a mortgage company in Little Rock. She is one of the best businesspersons I know.
How many years have you been in the business? 19
Is it better to have a high insurance premium and low deductible or vice versa? My philosophy is to carry high limits. You should offset the increase in premium by taking a higher deductible.
What type of coverage do consumers often forget? Life insurance is arguably the most important coverage one can purchase. However, it is often the product many do not like to talk about, therefore, it is the product many procrastinate on. Oftentimes, people have the false sense of security that what they have through their employer is enough.
What are the most important factors in choosing life insurance? You need to take a thorough look into coverage amounts needed. That number will most likely increase over time, especially when there are new additions to the family. A $100,000 policy just is not enough anymore.
Favorite genre of music? Country
Last book read? “Warriors” by Ted Bell
An app you can’t live without? Pandora
Hobbies? I enjoy watching the St. Louis Cardinals