Not Extinct but Still Endangered

Happy to see that this from 2012 is still relevant 

On the other hand, it is disappointing to know that although the industry has advanced, it really hasn’t.  The excuses are still the same.  The lack of interest in the customer is still there.

But what has changed?  In theory, there are more tools today to help you “review” your auto and home insurance.  In reality, they may connect to more companies but the tools are not much better.  Carriers are spending more to find people instead of spending more to keep people.

Underwriting is quite a bit more sophisticated but has a long way to go.  But, the scrutiny post application is much higher.  I do not see this decreasing but what I hope to see are companies using more partnerships to make risks well rounded.  What does this mean?  Most carriers tend to underwrite the person or the risk(home/autos/situation) but do not do a good job at combining the two sets of metrics.  But, in lieu of figuring this out, they should be able to provide solutions for common concerns.

A potential resurgence of an endangered species is always possible.  But, it tends to be led by a group of people that want to see it happen.  In this case it should be the brokers and the companies they represent.  I’m just not sure that enough of them want it to happen.


What kind of radio are you?

Are you terrestrial radio?  So for 9 years it was me and my xm radio.  Now about a year and a half ago I started having an affair with Pandora and it was and continues to be wonderful.  So what is a guy to do?  Well as fate would have it my receiver stopped working in the car.    So now it is me and a binder full of Success magazine cd’s and pandora through my phone.

 What was funny was as I change cd’s my radio comes on and it is the same music that the station was playing in 2004 when I had enough.  What about you?  Are you the same as in 2004, nine years ago.  How have you changed?  How have you not changed?
Every day you should consider moving a little bit in the direction of progress.  Whatever that may be is fine and up to you just move towards something.  Simple, you decide how to move forward and what towards just move forward.
Now what does this have to do with anything? Lots.
So how about insurance; pretty simple here since the advertising of insurance has not advanced much if any in nine years.  Yes there is more on-line but the message has not changed.  Pushing discounts and price versus value for the customer.  Relying on you to stay with one company just because.  Trying to promote some false sense of loyalty while quietly increasing rates while blaming environmental factors and inflation.
Time to get some “b sides'”(new concepts and ideas) and unknown artists(new agents and companies) into your mix.  Maybe Satellite is your thing where you can pick a station that really fits your preference.  There is a country station for all your tastes, there are stations just for decades of music, want more knowledge?  Plenty of talk stations as well.
Maybe Pandora or Spotify is more your thing.  Tell me what you like and we can customize some stations for you.  If we guess wrong, tell us and we’ll adjust.
FACT; The world is not one size fits all.  Don’t let marketers and advertisers fool you, there are customized solutions available.  Key is going to look for them .
Time to find a new station or a whole new way to listen.


New York No-Fault coverage, simple question…

If given the choice would you want $50,000 or $175,000? Easy answer right.  What if you could have $50,000 to pay for all of your medical bills and lost time from an auto accident or $175,000?  Another easy answer right.  Now check your auto insurance policy’s No-Fault(also called Personal Injury Protection PIP) section and make sure you have $175,000.  If you do not have the full amount please call your agent immediately.

If you are wondering what else your agent has not done for you call me immediately.

UPDATE 5/11/2015

Really is kind of sad but this has not changed since the first post.  Most of the people I come in contact with have not been afforded this very basic amount of coverage.  Such a shame but consider it from a few angles;

1. AGENT “selling” insurance; This is awesome.  You can help the world while also making your sale that much easier.  EASY point of differentiation.  EASY way to improve the life of another human.  Jump all over it.

2. CUSTOMER; I am sure you know this by now but you are more in control than ever.  Shameful your agent may be taking this shortcut.  It is also sad but most of the new on-line aggregators are taking advantage of you as well

Just some thoughts.  Most days it is the little things that get overlooked.