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The Association of British Insurers (ABI) has dubbed the theft prone festive season the theftive season, as criminals target easy pickings during Christmas and the New Year.
More than 10,000 burglary claims were handled by insurers over last Christmas with payouts totalling £15m.
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Focus on the biggest priorities the client sets out. Focus on the two or three major points in the policy you’re offering that you think will be most important to the insurance client.
In insurance marketing, the old rule is that 90% of your sale will be based on 10% of the features you offer. Discuss the other parts of the policy as well, but don’t spend too much time on them.
Every time you hit a major point in your presentation, ask the client, “Would you be interested in that?” or “Is that what you were looking for?” You’ll get an idea of what’s important to the customer, so you can continue to focus on that feature. You might even get the client to agree to buy the policy right then and there.
It might also be useful to ask the client to take your place for just a second. If he or she was trying to convince you to try to buy a product he or she really believed in, what would they say? What would he o
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Insurance terminology can be very confusing, especially when considering that every state has different insurance laws. Depending on where you live, you could have significantly different requirements than someone in a neighboring state. Be sure that your policy meets state standards, and consider purchasing insurance well beyond the state minimum requirements.
Auto Insurance Laws In Nebraska
Nebraska takes auto insurance compliance very seriously. If you are caught driving without insurance, the state could suspend your license immediately. The requirements for auto insurance in Nebraska are similar to those in other states. Nebraska has mandates for minimum coverage.
Drivers must carry at least $25,000 for bodily injury or death of one person, $50,000 for bodily injury or death of more than one person, and $25,000 to cover property damage in a single accident.
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Analysis by Direct Line home insurance has uncovered the worst subsidence hotspots in the UK.
London and the south-east are particularly prone to the problem due to the nature of the soil there, which has more clay than is usual in other parts of the country.
Subsidence claims run into thousands of pounds, and the insurer has offered homeowners some basic tips to help prevent the problem arising.
Trees play a significant role in drying out moisture, so when new trees should only be planted if suitable in this regard.
Naturally, bigger trees absorb more water, drying out the soil to a greater degree.
Direct Line has also advised those considered extensions to be aware that deep foundations and proximity to trees need to be taken into consideration.
Rob Warner, head of risk modelling at Direct Line home insurance, said that the victims of subsidence should not panic, and ought to call their insurer immediately.
In August Swiss Re reported that climate change was leading to increased risks of subsidence as Europes climate becomes hotter and sunnier.