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Insurance agents and companies must spend money on expensive advertising programs to grow their business... and revenues. Or do they?
Research shows that existing customers are seven to ten times more likely to buy more from your firm at a fraction of the cost of obtaining new business from new customers.
How is this possible? Studies show that homeowners and renters grossly underestimate the value of their personal assets, causing them to be underinsured by as much as 25 percent of the true value of their belongings. How is the basis for homeowner insurance calculated? Usually by a wild guess that is way less than the actual value for as many as 83 percent of your customers.
Imagine the revenue potential from your existing customers if you could demonstrate to them how underinsured they are, and get them to adjust their policies and premiums accordingly.
You might easily increase homeowner and renter insurance premiums by 50 percent or more.
The first step is to provide your customers with a tool to help them catalog their home assets, using the only software tool on the market built for homeowners and renters: MyHomeAssets!
Something else occurs when you provide MyHomeAssets! software to your clients--customer loyalty. It’s shocking how seldom insurance agents, brokers, and other professionals contact their customers. With highly competitive insurance marketing programs on TV and the Internet, you should seriously consider the value of your customer base to your business, and whether you’re doing everything you can to build loyalty.
Imagine a customer who receives a professionally packaged software program from their insurance firm, especially if it is provided “compliments of your insurance firm.”
MyHomeAssets! software is available to insurance firms to ensure their customers provide accurate information about their personal wealth. By providing customers with a tool that accurately stores make, model, serial number, and value of their assets, you’ll eliminate errors in valuing their personal items in the event of a loss.
You can economically provide the important MyHomeAssets! software tool to your customers, immediately setting your firm above competitors, while building credibility, expertise, and loyalty in your customer relationship.
Call us at 503.902-1015 to learn more about our bulk purchase option, allowing you an inexpensive and unique way of helping your clients. Packaging can include branding with your firm’s logo and contact information. Contact us today for more information and to learn more about how the insurance industry is using this unique tool to build their business.
Click here for more information about customizing MyHomeAssets! Software with your business logo and wording.
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