Unsolicited Homeowners Quotes

[nyc2phi]

Anyone using this as one of their methods of bringing in business?

If so, what is your process? do you mail out and cross your fingers or do you follow up with a phone call?

What's your ratio on closing with this method?

 

[NCAgent]

Homeowners Insurance Quotes

A home owner's insurance policy can be a most useful commodity to purchase. This is because such an insurance policy will effectively protect you from the loss of your own property. If you ever consider undertaking a home loan while purchasing a house, you should ensure that you are the holder of a home owner's insurance policy. Compare multiple home insurance quotes from the leading U.S. home insurance providers.

For more information related to life insurance quotes please visit: kiefer-colbourneins.com/home-renters-insurance.html

Please tell me more!

To answer OP: I don't do unsolicited mailers myself just because monoline homes are hard to do and I don't have any auto information. It might be a somewhat lame excuse but I have other marketing methods that have a better ROI.

 

[djs]

I've done it.
When I did it, I had a breakeven (year 1) ROI. From that aspect, I would consider it pretty successful.

But.....

As the housing market collapsed, so did this program. I had to put it on pause for the last few years. I'm getting ready to try a sample run to see if I can have success in it again.

For the L&H agents who just read a breakeven ROI and went 'Huh????', this is pretty normal in the P&C market for customer acquisition. After this, you shoot for cross-selling the auto, life, and health.

Dan

 

[fcorcoran]

If you do it, make sure you have a list with phone numbers as well to follow up. Its a ton of work to do mail-outs. I dont do them anymore. I would rather put that money to in house marketers that make calls for you.

 

[Guest]

I personaly think Homeowners are harder because if the house is escrowed, no one really knows how much they are paying, and wont take the time to look it up.....

If you want to target homeowners, get 8-12 realtors, mortgage people and title people in your pocket

 

[mangroveman]

I personaly think Homeowners are harder because if the house is escrowed, no one really knows how much they are paying, and wont take the time to look it up.....

If you want to target homeowners, get 8-12 realtors, mortgage people and title people in your pocket

Agreed, network, then do some networking, then when you are tired of that...network some more...LOL

I deal more with the titel and mortgage companies. You have to have a lot of realtors on board with you to make it worthwhile, and quite frankly, real estate agents are a PITA and don't know the first thing about insurance typically.

So, I spend my time working on those folks who do a high volume of closings, etc.

 

[Guest]

what is a titel.....................

 

[mangroveman]

what is a titel.....................

My deepest apologies for the typo. I'm so sorry, and will be sure to proof-read more carefully.

 

[ralfgage]

I've done it.
When I did it, I had a breakeven (year 1) ROI. From that aspect, I would consider it pretty successful.

But.....

As the housing market collapsed, so did this program. I had to put it on pause for the last few years. I'm getting ready to try a sample run to see if I can have success in it again.

For the L&H agents who just read a breakeven ROI and went 'Huh????', this is pretty normal in the P&C market for customer acquisition. After this, you shoot for cross-selling the auto, life, and health.

Dan

You have done this with relative success so I have a question for you. How do you get HO quotes without checking credit information? Some of the companies would require you to inform your prospects that they will run credit/consumer report, loos ratios on them and they have agreed to that. Thanks.

 

[djs]

Hint:.... CA doesn't require credit info. Heck, you are not allowed to use credit as a rating factor.
Then I assume no losses.

On top of that, a better term for this is 'pricing indicator'. It is not a firm quote. I have disclaimers to this effect on the letter.

Dan