Tag: insurance

Auto Insurance Companies to Promote Direct-to-Consumer, Self-Service Options

The last decade of seem­ing­ly non-stop direct-to-consumer adver­tis­ing and heavy invest­ment into dig­i­tal self-service tech­nolo­gies have dri­ven rough­ly one-fourth of auto insur­ance cus­tomers to adopt direct dis­tri­b­u­tion mod­els that bypass agents in favor of do-it-yourself tools. Accord­ing to the J.D. Pow­er 2019 U.S. Auto Insur­ance Study, that tran­si­tion has helped over­all cus­tomer sat­is­fac­tion with auto insur­ance providers reach its high­est lev­el ever.

Homeowners Insurance Sellers to Boost Sales Through Educational Advertising

"If you're get­ting a mort­gage for your new home, your lender will require home­own­ers insur­ance, says Con­sumer Reports. And even if you're among the rare home buy­ers pur­chas­ing with­out a mort­gage, you still should get home­own­ers insur­ance to pro­tect against cost­ly per­ils like fire and wind dam­age."

Flood Insurance Agents to Promote Policies to Consumers Who Are Unaware of Need

"Accord­ing to Con­sumer Reports, in recent weeks, north­ern Cal­i­for­ni­ans have suf­fered from heavy rain, snow, and mud­slides as pow­er­ful storms swept in from the Pacif­ic Ocean. Near­by states, includ­ing Ari­zona, south­ern Neva­da, and Wyoming, also felt the impact as flood watch­es went into effect. Yet the flood sea­son has bare­ly start­ed. While flood­ing hap­pens all year, it is par­tic­u­lar­ly com­mon in the late spring and sum­mer, accord­ing to The Weath­er Com­pa­ny, a sub­sidiary of IBM."

Insurance Companies to Promote Cruise Refund Policies

Insure­MyTrip, the trav­el insur­ance author­i­ty, today announced the results of its annu­al cruise sur­vey. The new poll of rough­ly 1,440 U.S. respon­dents reveals that get­ting sick or injured before or dur­ing a cruise remains the top con­cern for trav­el­ers. Health-related issues also led the major­i­ty of trav­el insur­ance claims for cruise vaca­tions.

Auto Insurance Companies to Promote Discounts in the Face of Rising Rates

The Zebra, the nation's lead­ing car insur­ance search engine, released its 2019 State of Auto Insur­ance Report, which reveals that car insur­ance rates have risen for four out of five Amer­i­can dri­vers (83%) over the past year. In fact, rates across the U.S. are high­er than they've ever been: Up 23% since 2011 with an aver­age annu­al cost of $1,470.

Employers Can Increase Worker Satisfaction by Offering Voluntary Life Insurance

Although just over a quar­ter of employed Amer­i­cans (27%) have vol­un­tary group life insur­ance, 68% of work­ers who say they don't because their employ­er doesn't offer it would be some­what or very like­ly to pur­chase it if offered at their com­pa­ny.

Nearly 60% of Vehicle Service Contract Buyers Enjoy Peace of Mind

Many Amer­i­can dri­vers who have to pay for unex­pect­ed, major car repairs could be at risk of fac­ing costs they can­not afford. Fifty-one per­cent of con­sumers report­ed pay­ing for major vehi­cle repairs in the last five years, accord­ing to a sur­vey of more than 2,000 Amer­i­cans con­duct­ed online for Ally Finan­cial by The Har­ris Poll. Of con­sumers who report­ed pay­ing for repairs, four in five (80%) said they spent $500 or more, and near­ly three in five (58%) said they spent $1,000 or more. One in three (33%) said they spent $2,000 or more.

Insurance Companies Can Attract New Client by Advertising Discounts to Homeowners Who Make These Improvements

"With home-improvement sea­son in full swing, this is the time of year when you might make upgrades that can pro­tect your home from bur­glar­ies, fires, and storms, such as hur­ri­canes and tor­na­does. Accord­ing to Con­sumer Reports, if you take steps to make your home safer, your home­own­ers insur­ance com­pa­ny could reward you with a pre­mi­um dis­count, depend­ing on what you've done."

35% of Retirees Don’t Know What Their Vision and Dental Insurance Options Are

If you're retired or get­ting ready to be, odds are you're unsure how you're going to get vision insur­ance. That's accord­ing to a recent sur­vey com­mis­sioned by VSP Vision Care. A com­bined total of 332 retirees and pre-retirees par­tic­i­pat­ed in the sur­vey.

Investing in the Sales Process – Coaching and Metrics for Success

Sales team per­for­mance impacts the cor­po­rate bot­tom line. New data-driven sales enable­ment plat­forms assist sales lead­ers with onboard­ing, train­ing & moti­vat­ing sales­peo­ple. They give com­pa­nies con­trol of turnover, so they can delib­er­ate­ly focus on the most pro­duc­tive mem­bers, improv­ing reten­tion. Learn about them in this free white paper from BIA and Sales­Fu­el.

Younger Consumers Nearly Twice as Likely to Switch Auto and Homeowner Carriers

Accord­ing to a new sur­vey of auto and home­own­er pol­i­cy­hold­ers, age is the most sig­nif­i­cant fac­tor in car­ri­er loy­al­ty. Twen­ty per­cent of 18 to 34 year olds changed auto car­ri­ers in the pri­or 12 months, com­pared to only 10% of those 51 and old­er. Price remains the biggest sin­gle ele­ment the sur­vey par­tic­i­pants con­sid­er when pur­chas­ing per­son­al lines insur­ance.

Banks and Credit Unions to Increase Insurance and Investment Product Marketing

Banks are still feel­ing the pain from new leg­is­la­tion that lim­its the amount of mon­ey they can charge cus­tomers for some ser­vices. In addi­tion, some banks have with­drawn from the mort­gage mar­ket. These changes in the indus­try have left oper­a­tors look­ing for new prod­uct lines, espe­cial­ly in invest­ments and insur­ance.

1 2