Bill Quickel's - Insurance Plus Agencies Inc. Blog
Much has been written about the millennial generation and insurance, so let’s cut to the chase.
The most obvious differentiator between millennials and previous generations is technology.
Most millennials are fluent in technology and the internet. They are comfortable with using it to their advantage. They treat it as a resource to aid themselves whenever and wherever they want. Entertainment? Check. Help? Check. Insurance? Check.
Millennial buying power is estimated at $200 billion. Want to tap into that market? Luckily, your agency likely doesn’t have to make drastic changes to capture more millennials. Simply consider what millennials want from their insurance agency.
There is a common misconception that carrying a balance on your credit card from month to month can benefit your credit scores, but that is not true. Ideally, you should pay off your credit card in full every month.
Carrying a balance will not help your credit scores. All it will do is cost you money in the form of interest, and probably hurt your scores in the process.
When an accident occurs, do the right thing. Report it. Call the police to get an official statement over what happened on record. Be sure to file a police report. Then, call your auto insurance agent. The fact is, if you do not report it, chances are they will learn about it anyway. Don’t make the mistake of thinking your car insurance company will not know. Do you know what the consequences could be?
Your parents are getting older. You worry they may not be as skilled behind the wheel like they used to be. In situations like this, many people want to know what to do. And, how do you know when your senior loved one is no longer safe behind the wheel? Your auto insurance provider needs to know this information as well.
Are you responsible for another person’s injuries if they happen on your property? Initially, you may believe the answer is yes. But, there are some limitations. If a trespasser enters your property, you still have some responsibility for providing a safe space. However, when your home insurance pays out depends on a variety of factors. Here is what you need to know.
Most of the time, homeowner's insurance pays to repair or rebuild a damaged home so its owners can continue to live there as they did before the loss occurred. Sometimes, though, you may prefer to take the insurance money and move somewhere else instead of rebuilding. Several factors determine whether this is possible and how much money you receive.
Welcome to our new insurance agency blog!
This is our very first post. We're not quite sure what we're going to write about here, but the plan is to create helpful content for customers and prospective clients about information that is relevant to you.
We hope you'll come to view this as a top resource for keeping your family and your finances safe.
Here are a few of the topics we may be writing about: