A great day

I say it many times a week, since I have only 24 hours in a day(just like you) I am very careful with my time.  Specifically when it comes to who I CHOOSE to work with, yes I do not work with everyone that I speak with.  Today I cannot be grateful enough that Ms. “X” called.  She called prompted by a postcard offering tips on things to do in 2012 which was great.  All she saved was the part with my photo and contact info, actually was put together by Graphic Nature .  That felt great, it felt great that we have not spoken in around 5 years and she thought to call me when she had a problem.  But that was just the beginning.

Is it worth $5 a month?

What do you spend $5 a month on?  You spend $5 when you walk in Starbucks, you spend it on a lunch or breakfast out, lotto tickets, a treat at the supermarket, etc.  What else?  All sorts of things that give you an instantaneous bit of value to your life.  BUT why do you not apply this logic to spending $5 on improving the protection your family has?  $5 a month can buy a couple hundred thousand dollars in coverage.  $5 a month can add an endorsement to your policy that greatly enhances the value of what it covers.

The Endangered Species in insurance…

Is your rate staying the same year to year.  It does not happen often but it should be the goal of every agent and policy holder.  Some pieces of reality;

  • What is happening in the economy is not your problem, what is happening in YOUR economy is
  • Just because your company had a bad year does not mean you should pay more
  • It is a privilege for you to allow your company to insure YOU not the other way around
  • Inflation might be the worst excuse of all, 1% inflation does not equal 10% in insurance

My time in court

Well it happened, back in June I received a speeding ticket. Yes, I was absolutely speeding however I did plead not-guilty because;

  •  I believe I was not going as fast as the officer says I was
  • I know the implications to my insurance rates
  • I had never been to traffic court so thought it would be fun to go(seriously it was)

So yesterday was the big day, but really 1 hour 45 minutes, so some observations then the numbers.  I call this thoughts from court since there were no cell phones and no tweeting;

Logic versus fear

Flat Hot Dogs

Logic or Fear?

Interesting dilemma, do you sell or buy based on logic or fear.  If you spend a few minutes looking up choking statistics you can make a strong case you buy these out of fear.  See statistically there are much worse causes than hot dogs.  Logically you or I can say well if the flat hot dog eliminates this risk than it makes sense.  But does it?  Maybe it makes more sense to think through the whole problem; is the person seated, did they take a reasonable size bite are there adults near buy who can supervise end or help if something happens?

Insurance companies giving rather than taking?

Cannot help but wonder why insurance companies still mass mail the United States of America.  I admire Berkshire Hathaway and have read the annual report for Geico, it is fascinating and explains why they do so much advertising.  Direct mail is great and when combined with clever ads and phone calls can be great.  BUT what if it all stopped?

Is your agent a Psychic?

I doubt it.  but yet on a regular basis people come to me and say “I have plenty of coverage…”  The reality is none of us know when or even if we will be involved in a serious accident where hundreds of thousands of dollars will be paid out.  The second reality is any agent that wants to basically force a limit of coverage because of some sort of “rule of thumb” is not an agent I would want to hire.

Battling mediocrity

Had a small forgetful moment where I used the word pathetic, even in hindsight I stand by my usage.  Fortunately the majority of people I surround myself with think in a similar pattern to me but on occasion a small thinker not interested in helping those around them swims the moat and sneaks through the protective positive wall I have set up.  So what do you do?

YOU RUN THEM OUT OF TOWN AS QUICKLY AS POSSIBLE.  Not to be rude, just because their negativity can be a hindrance to your positivity and who wants that.  Not me.  See if people continue to accept mediocrity you are just as much to blame as the carrier of this hazardous condition.

Do you think about where you spend your money?

I do, as a matter of fact I think about it a lot.  Do the people I am paying actually appreciate it?  How far are my dollars going?  Does the company I am choosing to work with share some or all of my non-negotiable principles?  Do they even have principles?

Now I know sometimes you and I just need to go to the big box store or shop on-line, but when we can what option do we choose.  EVERY bit of paper my company buys is 100% recycled.  Now in theory this costs more per piece but it would cost me more to sacrifice my principles.  If a better option is available why not go for it.

Managing the market vs your market, no difference in real estate and insurance

So two of the articles I read over the last few days were about market conditions in Insurance and Real Estate.  Trying to stay up on what is going on around me I read them both and was equally disappointed with the generalizations and ignorance that both had.  In a lot of my reading there are articles geared towards consumers, some towards agents/brokers and some towards company employees.  These must have been towards company employees who have no idea what is actually happening or agents/brokers who love to complain.