It has been routine for several years to review home insurance and there has been a huge discrepency from the market value to the insurance value to whatever the replacement cost may be. Who’s right, who’s wrong, I have no idea. My default guestimate keeps me in the realm of $150 to $200 per finished square foot. But routinely this figure, combined with the figures set forth by the insurance companies are way off. Here is one that through me off; 106 Cedar Ave Poughkeepsie New York 12603.
About a year ago this was a vacant lot listed for about $70,000. Now it is this;
Well Glass coverage, as it is commonly called, comes with your comprehensive coverage. Pretty common here in New York and to be honest, I have no idea why you would want to have comprehensive coverage and not glass coverage. Really, it comes down to a math equation. Average new windshield cost is $200+ mine just cost my insurance company $341.22. My comprehensive coverage is about $100 a year. Not a bad gig for me nor is it a bad idea for most people. Honestly could be the best value in all of insurance, also the most used. Goes right there with your Towing and Labor coverage.
With several hundred companies offering auto and home insurance in the U.S. you would think a bit more variety would exist. The reality is that the majority of them are after the same demographic; good to great credit, home ownership, college educated, multiple cars. Then there is everybody else. With a constant turn over of actuaries and heads of underwriting everybody else inevitably can get luck and fit into a preferred companies model. Generally due to a fluke in the sophistication of underwriting. But the reality is still that there are only three prices available to the public and YOU choose your price.
Advertising on license plate holders! About to ramble, hang on almost over.
It is already being done but think about it, who cares where you bought your car? Do you save money or get anything for allowing them a spot on your car? Why not sell this space? Are you willing to identify with someone/something strong enough to allow them on your car?
Could it be to much? Not sure, people routinely put magnetic stickers on their side panels. How much time do you spend parked behind another vehicle at a light? Is it dangerous to put your Twitter handle on there? Not sure, at the very least a web address and something catchy?
Seriously, people call you and you have 15-30 seconds to say something cool. Credit to Jeffrey Gitomer who first put this thought in my head. ” I am on my phone or away from my desk…” Says nothing, shows nothing but it does waste the time of the person that called. Help them smile, maybe even laugh. Why not?
Here is what my lawn looked like a few weeks back;
Chbly 6-8 chock full of dandelions and various other “flowers” Probably 6-8 inches high and looking a bit rough. But did it really? Looked like a bunch of flowers and several dozen shades of green. Why must a lawn be perfectly kept at all times? My must people spend money on treatments to their lawn? MARKETING Ah, the pesky “american dream” of a perfectly manicured lawn. No thanks.
Here is what referrals would look like if they were a “symbol”;
Thanks Charles Petzold
Pretty simple, where the intersection takes place is the referral/sharing moment. The idea being that the referral takes place and the Referrer and the Referee continue on the path and eventual pass and receive another referral. Reality is in perfection it is more like this;
thanks Etsy person.
A continually growing chain of infinity symbols that interlock with one another therefore allowing a continual stream of referrals and sharing to take place. If at some point you choose to cut the loop you hinder the ability to give and subsequently receive referrals in the future. Why would you want to do that? No idea.
DISCLOSURE: I do not advertise. Not in the traditional sense at least. I also never say know to a request from a policyholder/friend/customer for a sponsorship/support of something they are involved in.
So I was at a zoo this weekend. Washington National Zoo to be exact. Great time, great place. While at one exhibit I noticed this sign;
Really neat exhibit and I am fine with seeing State Farm’s name there. I respect them as a company and think this is a great move. Why would you not want your logo in a happy place where lots of families are. Especially since families are a huge piece of your customer base. But then again you see State Farm almost everywhere. They probably have customers in every physical space that they put their name.
So the other morning I was shaving and cut my chin a bit. Somehow these tiny cuts bleed profusely and with about an hour before I had to leave I had to do something. So I apply some cream so it will clot a bit and then apply the first band aid I could find. It was clear and way bigger than what I needed but it worked. It had the little bit of gauze that all band aids have and after a short time the bleeding stopped. Now our upstairs cabinet was not quite like this;