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Data Analytics and Retention for Insurance Agents

American Agents Alliance

Data-driven decision making can help improve retention rates by helping agents understand policyholder behavior and make adjustments proactively, before customers shop for other options. How to Use Data Analytics to Keep Policyholders Engaged Retaining a policyholder long-term leads to recurring revenue and an ongoing referral source.

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Tips for Buying Home Insurance

Bankers Insurance

The homeowners insurance market is complicated and dynamic, and many policyholders have experienced increased rates in recent years despite no changes to their coverage or claims filed. Insurance companies must raise rates so they can afford to pay for all the policies they issue. Any impactful results can take years to observe.

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Short Term Health Insurance Illinois

Smart Insurance Agents

Cost: Evaluate the premiums, deductibles, copayments, and out-of-pocket maximums associated with each plan. – A requirement to provide a summary of benefits and coverage to policyholders. Ensure that your preferred healthcare providers are within the plan’s network to maximize convenience and minimize out-of-pocket costs.

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5 Must-Know Tips for Comparing Home Insurance Quotes

TGS

Mind the Deductibles—Higher Isn’t Always Better A deductible is the amount you pay out of pocket before your insurance steps in. Some policies offer lower premiums with higher deductibles, but here’s the catch: If you have to file a claim, are you comfortable covering a $5,000 deductible before the insurance company pays a dime?

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The Importance of Accurate Valuation in Commercial Property Insurance

Bankers Insurance

Most commercial property insurance policies include coinsurance clauses, which encourage policyholders to carry reasonable and accurate coverage amounts. Under a coinsurance clause, a policyholder faces a penalty — usually a reduced payout — if their coverage limit is not at least equal to a predetermined percentage (e.g.,

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Earthquake Insurance: Are Your Clients Prepared to Survive Financially?

American Agents Alliance

Quality Coverage with GeoVera By positioning earthquake insurance as a crucial part of financial security, you establish yourself as an expert, guiding clients toward better protection. Best, an independent evaluation that signals GeoVera’s readiness to support policyholders in times of need.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

If you have a low credit score, you may be considered a higher risk and could face higher insurance premiums as a result. By understanding these factors, you can take steps to reduce your insurance costs, such as choosing a higher deductible or improving the condition of your property.