With the cost of a cyberattack claim averaging around $4,000, it pays for homeowners to be prepared. Independent agents can prescribe the right cyber liability coverage for homeowners who are online more than ever these days.
Agents are in a great position to help foster positive consumer interactions and value-added transactions to the homeowners insurance market. Here are three factors that can help.
With festivities looking much different this year, clients may be hosting outdoor Thanksgiving gatherings. Agents should make sure their clients are aware of important steps to keep the holiday season jolly.
The coronavirus pandemic makes wildfire preparation and response even more challenging. Here are three factors agents should take into account to help their clients navigate wildfire risk mitigation during COVID-19.
An insured rented an Airbnb on a recent vacation and damaged the wood floors in the bathroom. Is the carrier right in saying all coverage is excluded?
Would an e-bike, which is propelled by the user and the rider’s power is “amplified” by the electric motor, find some coverage under the ISO HO-3 policy?
Silverfish ate holes in my client’s Oriental floor rugs. Will their named peril homeowners policy cover the damage?
As new collector enthusiasts from Generation X and the millennial generation enter the market, agents have a great opportunity to work with an emerging segment.
“Selling classic car insurance is definitely a leg up,” says independent agent Kelly Haynes, “because clients call us for their regular auto or homeowners, and they don’t realize their local agent can offer classic car insurance too.”
As close to 76 million baby boomers reach retirement age, the classic car enthusiasts among them are looking to cash in on the hobby they hold so near and dear to their hearts.
