Possible Opportunity for Auto Ins. Agency

[houcoogster]

One other thing that you may not have thought of and that is on the 50% that have coverage maybe they think they are paying too much and you can get them less expensive coverage.
What do you have to lose? Invest about 4 hours and see what happens.

 

[HomeService]

yeah, I got nothing to lose, but I think I may be there more than 4 hours, he starts like 9:00 am selling cars and goes till about 4:00 pm, so I may be there like 5-6 hrs. or more. But what the heck. I got nothing else to do on a saturday!

 

[HomeService]

OK, guys, here it is: I hooked up with an agency like 10 miles away, they do the "cash payers" and the liability only policies. Other agencies told me no, due to the fact that I wanted to go after these policies- they did not. The other agencies wanted higher premium paying clientelle. But I found an agency to hook up with. I grabbed a bunch of their business cards, and set up today at the auction.

It was busy, fast and furious. I set up for 2 hours and talked with at least three good prospects. I imagine if I stayed till 4 o'clock, I would get 10-15 possible good prospects. I also think I may look into getting a small mobile office next to the place where the car purchases are made, they have a small trailer and I felt like I was getting in the way of the car sales. Also, I could come and go as I please without bothering the owners, throughout the rest of the month when the big sale is not happening. However, the location is on a busy, busy highway, and they said I could put an insurance sign out front, with no other agency anywhere around there, it may work.