American Agents Alliance

APRIL 3, 2025

This drives up the cost to repair, impacting claims costs. Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Here are some ways agents can help: Educate policyholders about costs and rising premiums. Education is often the first step.

Agents

Agency Height

AUGUST 4, 2025

For the average agent writing $500,000 in premium annually, improving efficiency by just 20% through automation can translate to an additional $100,000 in revenue without working a single extra hour. Claims anniversary check-ins demonstrate ongoing care and often uncover additional coverage needs.  

Insurance Agent

Zywave

MARCH 3, 2025

And when you take into consideration that Direct Premiums Written (DPW) increased by 2.0% While it’s critical insurance carriers, brokers, and policyholders understand the market, its just as important they know what to do about it. The dollars and pennies you’re saving up front will cost you in the end.”

Casualty Insurance

Agency Height

AUGUST 4, 2025

Business insurance is often more complex and involves higher premiums. This makes B2B leads very valuable. Effective B2B outreach starts with research. Agents need to understand the business they’re contacting. What industry are they in?

Broker-Agent

Agency Height

JULY 8, 2025

Setting Up Your GMB Profile Like a Pro If you haven’t claimed your Google My Business profile yet, stop reading and go do it now. Before/After Claims: If appropriate and with client permission, show your response to claims – like being on-site after a storm or helping with a car accident.

Insurance Agent

Insurance Journal

JANUARY 9, 2025

If insurance carriers want to have dibs on a company’s assets as premium security or collateral, they had better specify that those assets include potential tort-claim settlements, a federal appeals court said Wednesday. In a case that involved a Florida …

Claim

Wren Insurance Agency

AUGUST 7, 2024

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Citizens - the State-backed home insurer is one of the only exceptions to this. Your credits for these improvements will vary from carrier to carrier.

Insurance Carrier

ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. Among the key drivers affecting D&O Insurance providers are the high-profile incidents within the finance and crypto sectors.

Premium

AMAXX

JANUARY 13, 2025

Navigating workers’ compensation can be complex, with various parties working together to ensure effective claims management and cost containment. They are a vital entity, as they not only handle premium collections but also pay out claims to cover medical expenses and wage replacement for injured employees.

Workers Compensation

Boyle Agency Insurance

APRIL 27, 2024

Determinants Of Homeowners Insurance Premiums Certain factors have an effect on your homeowners insurance premium. These factors make filing a claim more likely, and they range from the condition of your home to your financial standing. Below we offer some factors that may affect NJ Homeowners Insurance premiums.

Premium

Wren Insurance Agency

OCTOBER 23, 2024

In terms of storm damage and insurance premiums being affected, the outcome is pretty simple. The more damage, the more likely premiums will rise at renewal. The only insurance carrier that DOES currently have an annual increase cap in Florida is Citizens, the State-backed "insurance provider of last resort."

Policy

Friendly Agent

SEPTEMBER 21, 2020

The commissions come from a percentage coming from the amount of the yearly premium, as well as the policy it is being offered for. The insurance premium is the money that the person or the business has for the policy. The insurance premiums are intended for policies covering cars, houses, life insurance premiums, and more.

Insurance Agent

Triple-I: Homeowners Insurance

JANUARY 13, 2025

Overall, this and other key report findings revolve around the value of proactive measures for effective preparedness and mitigation strategies to address the increasing risks posed by severe weather events and the need for collaboration between homeowners, insurers, and governments to enhance resilience against natural disasters.

Policyholder

Scott Insurance

JANUARY 31, 2024

has seen an increase in their homeowners insurance premium. According to Money.com , an independent publisher, recent year-over-year premium increases have averaged 20%, and policyholders should expect to see at least a 10-15% increase in 2024. What can you do to impact your homeowners premium?

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Scott Insurance

FEBRUARY 7, 2023

is facing higher-than-normal increases to their auto insurance premiums. According to Bankrate , an independent publisher and comparison service, auto insurance in the U.S. Therefore, if the costs associated with an accident increase, insurance premiums will follow suit. appeared first on Scott Insurance.

Auto Insurance

R&R Insurance

SEPTEMBER 12, 2024

These rebates may be in the form of a premium credit or a lump-sum payment. For the small employer market segment, the insurance carriers must demonstrate that they spent $0.80 Issuers who did not meet the applicable MLR percentage for the last calendar year must provide rebates to plan sponsors by September 30th.

Premium

Wren Insurance Agency

AUGUST 28, 2024

When clients request ACV to try to save money on their insurance premiums, while we understand, we will always take the time to try to educate them on why this isn't necessarily a good idea. Now, due to a claim (tied to a weather event, fire, theft, etc.), it would take $1,500 to purchase that same couch today.

Home Insurance

TGS

OCTOBER 3, 2023

TGS Insurance » Blog What Is a Homeowners Insurance Quote? A homeowners insurance quote is the proposed amount that you would pay an insurance carrier to cover your home. The quote will be based on many factors, including your home’s age, building features, location and size, as well as your insurance score.

Insurance Quotes

Property Insurance Centre

JANUARY 4, 2024

Get a Quote Insurance under one roof We are specialists in many types of insurance GET YOUR QUOTE GET YOUR QUOTE Key Takeaways Consistent rate increases have been experienced in the property insurance market since 2017. Inflation drives up property valuations , construction costs , and insurance premiums.

Property Insurance

Scott Insurance

JUNE 30, 2023

Numerous factors contribute to the renewal rates and overall costs of health plans, and this year, employers may experience higher premiums than in the recent past due to ongoing COVID-19-related impacts and general inflation, among other factors. At this point, do you plan to change your health insurance carrier or administrator for 2024?

Insurance Carrier

TGS

SEPTEMBER 14, 2023

Additional Interest Explained Additional insured and additional interest are two very different roles that a person can play as a part of your insurance policy. In short, an additional insured is covered by your insurance, while an additional interest is not. What Is An Additional Insured?

Policy

TGS

SEPTEMBER 6, 2023

Let’s take a look at some of the most common ways that home renovations will impact your insurance policy. Unreported Renovations Can Cause a Lapse in Coverage For significant home renovations, your insurance carrier may require you to notify them about the project up to 30 days before construction starts.

Insurance Policy

Scott Insurance

JULY 9, 2024

The Cost of water damage According to two of our personal insurance carrier partners, roughly 1 in 60 homeowners suffer water damage inside their homes each year, and approximately 40% of homeowners have experienced water damage at some point.

Damage

TGS

OCTOBER 17, 2023

Insurance agencies can be sorted into two categories: captive and independent. A captive agency is tied to one insurance carrier, which means these agents are biased to make money for their specific carrier. On the flip side, an independent agency works fluidly with several insurance carriers.

Insurance Agent

Smart Insurance Agents

OCTOBER 16, 2024

Choosing the right broker involves verifying credentials, reading client reviews, and scheduling consultations to ensure tailored support throughout the insurance enrollment and claims processes. Furthermore, most broker services are free to consumers since brokers are compensated by insurance carriers.

Insurance Broker

Distinguished

SEPTEMBER 25, 2024

When a project is under construction or renovation, your clients are likely not covered by their homeowner’s insurance or business insurance. Different Builder’s Risk insurance policies vary from one insurance carrier to another.  They require insurance to protect against potential claims.

Risk

Smart Insurance Agents

SEPTEMBER 28, 2024

One of the key responsibilities of a health insurance broker is to help clients understand their unique health insurance needs. Brokers review various options and analyze offerings from different insurance carriers to tailor their recommendations and ensure comprehensive coverage.

Broker

HBW Leads

MAY 14, 2024

Price Objections: Prospects may express concerns about the cost of insurance premiums, often comparing them to competitors or questioning the value provided. Coverage Objections: Some prospects may need clarification on your insurance solutions or whether they adequately address their needs.

Agents

Friendly Agent

DECEMBER 3, 2020

Ultimate guide Selling Life insurance part time or as a Side Hustle Life insurance pays probably the highest commission up front but there is almost no recurring revenue. In most cases your commission may be in the range of 80-120% of the total first year premium. Successful agencies have 90% + retention rate.

Insurance Agent

Neilson Marketing Services

JULY 16, 2024

To help you hone your SEO for insurance company success and get in front of your customer base, we’ve created this guide to the latest trends and best practices in SEO tailored for insurance companies. What Is SEO in Insurance? The cost of auto insurance alone has climbed over 20% in the past year.

Insurer

Risk Management Monitor

OCTOBER 25, 2022

With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers. A strong EPL policy and relationship with insurance carrier and broker can help during this time where unemployment may swing back the other way. Both impact the bottom line.

Risk

Healthinsurance.org

JUNE 20, 2024

16 If you buy your own health insurance, through the Marketplace or directly through an insurer, access to plan that will cover you and your domestic partner on the same policy will depend on where you live and the health plan’s rules. An insurance carrier may ask for a domestic partnership affidavit.

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