ginnajohns
New Member
- 12
Re: How do you compete with Farm Bureau and State Farm in rural a
Yes i was also looking for the same topic
Yes i was also looking for the same topic
How do you compete with Farm Bureau and State Farm in rural areas
- Thread starter Judyinfinity
- Start date
Re: How do you compete with Farm Bureau and State Farm in rural a
Use this:
Rankings of companies based upon claim paying practices.
Top three to avoid are: Hartford, State Farm, and Allstate
"FBIC Ranks Insurers Records To Pay Or Deny Legitimate Claims"
Use this:
Rankings of companies based upon claim paying practices.
Top three to avoid are: Hartford, State Farm, and Allstate
"FBIC Ranks Insurers Records To Pay Or Deny Legitimate Claims"
- 15,319
Re: How do you compete with Farm Bureau and State Farm in rural a
I didn't know that being the biggest (I'll take your word for it) means that State Farm is the best. I don't do P&C any longer, but in the heatlh insurance world in CA, Blue Cross has the most Medicare supplements. Becuse they're the biggest, are they the best.
A 70 yr. old in Los Angeles is paying $221 for their Plan F. Same plan with Aetna is $171. Blue Cross has far more enrolled than Aetna. Which company would you choose.
I realize there may be more promises made with P&C. But in my case, State Farm would cost over $1,000 per year more than my current auto/homeowner company.
My mother was in an accident where the other party had Allstate. Under your definition of quality, they certainly are big and therefore a company to work with. They delayed the court date for so long that ultimately she dropped the case. Why? They waited her out until she had a stroke which caused her to lose her ability to talk. Ask me how happy I am with Allstate.
State Farm is a fine company but if I sold P&C again I guarantee that I could find enough reasons to sell against you. If the price is the same then you have an advantage. But State Farm is not known for low rates. The perception of paying claims well works only until you are priced higher than a pospect is willing to pay.
Interesting discussion.
Rick
I didn't know that being the biggest (I'll take your word for it) means that State Farm is the best. I don't do P&C any longer, but in the heatlh insurance world in CA, Blue Cross has the most Medicare supplements. Becuse they're the biggest, are they the best.
A 70 yr. old in Los Angeles is paying $221 for their Plan F. Same plan with Aetna is $171. Blue Cross has far more enrolled than Aetna. Which company would you choose.
I realize there may be more promises made with P&C. But in my case, State Farm would cost over $1,000 per year more than my current auto/homeowner company.
My mother was in an accident where the other party had Allstate. Under your definition of quality, they certainly are big and therefore a company to work with. They delayed the court date for so long that ultimately she dropped the case. Why? They waited her out until she had a stroke which caused her to lose her ability to talk. Ask me how happy I am with Allstate.
State Farm is a fine company but if I sold P&C again I guarantee that I could find enough reasons to sell against you. If the price is the same then you have an advantage. But State Farm is not known for low rates. The perception of paying claims well works only until you are priced higher than a pospect is willing to pay.
Interesting discussion.
Rick
- 17,077
Re: How do you compete with Farm Bureau and State Farm in rural a
When a company is as big as State Farm, they are going to have a LOT of people that love them and a LOT of people that hate them.
The way you compete with them is to find the ones that hate them and sell them first. Then if you need to go after the ones that love them you learn all your competitive advantages and take a swing at them that way.
You win some you lose some.
I was a State Farm client for 15-years. I always paid my premiums on time and never haad any claims. I thought I was real satisfied and you couldn't have sold me very easily.
Then within a couple of years they did 3-things that pissed me off. I dropped them and would never use them again at any price.
If you would have approached me at the wrong time, i would have been hard to sell. If you approached me a yeaar later, I would have been an easy sell.
That's how it goes.
When a company is as big as State Farm, they are going to have a LOT of people that love them and a LOT of people that hate them.
The way you compete with them is to find the ones that hate them and sell them first. Then if you need to go after the ones that love them you learn all your competitive advantages and take a swing at them that way.
You win some you lose some.
I was a State Farm client for 15-years. I always paid my premiums on time and never haad any claims. I thought I was real satisfied and you couldn't have sold me very easily.
Then within a couple of years they did 3-things that pissed me off. I dropped them and would never use them again at any price.
If you would have approached me at the wrong time, i would have been hard to sell. If you approached me a yeaar later, I would have been an easy sell.
That's how it goes.
Re: How do you compete with Farm Bureau and State Farm in rural a
Me too Newby. My SF agent was a personal friend and I had all my personal auto insurance with SF. Then a young kid in a Ford Mustang hit one of my business trucks. It was the kid's fault and his insurer SF. I wanted a replacement OEM bumper because the truck was less than 2 years old . SF would not do it and wanted to put after market. We got into a pissing contest and I had to go. I talked to my agent and he could do nothing. I got what I wanted through subrogation but SF made me so mad that I dropped my personal coverage. I still like the agent but SF will be the last one I insure with.
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Since I don't sell P&C I don't know how it touches a nerve. It was something I saw posted elsewhere lately and consider it fodder for his canon. That was what he was looking for. Your post makes me think someone else may be a little touchy. Seems I also remember some bad press for SF over New Orleans.
Me too Newby. My SF agent was a personal friend and I had all my personal auto insurance with SF. Then a young kid in a Ford Mustang hit one of my business trucks. It was the kid's fault and his insurer SF. I wanted a replacement OEM bumper because the truck was less than 2 years old . SF would not do it and wanted to put after market. We got into a pissing contest and I had to go. I talked to my agent and he could do nothing. I got what I wanted through subrogation but SF made me so mad that I dropped my personal coverage. I still like the agent but SF will be the last one I insure with.
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Since I don't sell P&C I don't know how it touches a nerve. It was something I saw posted elsewhere lately and consider it fodder for his canon. That was what he was looking for. Your post makes me think someone else may be a little touchy. Seems I also remember some bad press for SF over New Orleans.
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Re: How do you compete with Farm Bureau and State Farm in rural a
Caliban, I have read enough of your posts to know that you are SF through and through. Nothing wrong with that just an observation. Personally based upon what I have learned on this forum and observed I don't think SF is quite the company today it ONCE WAS.
Caliban, I have read enough of your posts to know that you are SF through and through. Nothing wrong with that just an observation. Personally based upon what I have learned on this forum and observed I don't think SF is quite the company today it ONCE WAS.
rdsoxfan58
Expert
- 23
Re: How do you compete with Farm Bureau and State Farm in rural a
Make sure to get 8-10 referrals from people who HAD those companies but now work with you. use their story with the next person
Make sure to get 8-10 referrals from people who HAD those companies but now work with you. use their story with the next person
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