This market we are all living in, as insureds and insurance agents, is challenging and only seems to be more difficult to survive in. So, how do we keep our heads above water while doing what is best for our clients?
An uninsured or underinsured loss can be devastating to a client, but it can also result in a claim for you as an agent. In the world of rising inflation costs, rates, and frustration, it seems like the first thing cut is insurance limits to eliminate financial burdens. As their agent, ask yourself: Are you discussing proper limits? Are you offering coverage and getting signed-off declinations? Are you utilizing checklists to ensure that your staff is using best practices and following your agency procedures to avoid claims?
Maybe you are, and we truly believe you are! But how can you work smarter rather than harder?
Did you know you have a super helpful tool in your pocket? THE RLI PERSONAL UMBRELLA. It’s self-underwritten, follows form, and provides A+ coverage with affordable rates for 1,2,3 & 5 million limits.
Why is this such a helpful tool? RLI provides you with a market for your households with DUI and/or youthful drivers while also offering UM/UIM. In some circumstances, they allow households to carry lower auto limits than we would usually like to see. This means, with RLI, you’re given the availability to not only round out your accounts and earn back some premium but also provide a bit of a buffer for your insurers with lower limits for an affordable price!
A user-friendly online portal that makes it quick and easy to provide a quote to your insureds makes it that much easier to provide a general quote for your clients to review at their ease with minimal work. Then, pair that with the affordable premiums, and you will not only be working smarter, not harder, but you will also be providing yourself AND your client peace of mind, knowing you have their best interest and bottom dollar in mind!
Reach out today to get set up with RLI, which provides up to 10% in commission on new and renewal business, and to receive an offer/decline form that you can utilize in your agency!
Are you brand new to RLI? Write your first policy by June 30th, and you’ll be entered to win a $25 Amazon Gift Card!
Are you already writing business with RLI but still want your chance to win? Each quarter, we will provide a $10 gift card to the agency that has written the most new business policies!
Contact Alexandra DeVictor at alexandra@ohioinsuranceagents.com for more information.
About the Author:
Alexandra DeVictor is a dedicated insurance professional with nine years of experience in safeguarding the interests of independent agents. As an Account Manager with Ohio Insurance Agents, her primary focus lies in providing comprehensive E&O (Errors and Omissions) insurance solutions to protect the livelihoods of independent agents across Ohio.
