Search found 21 matches

by tsntyler
Tue Jun 05, 2012 12:50 pm
Forum: Opinions
Topic: Fees on Admitted Market
Replies: 4
Views: 5534

Re: Fees on Admitted Market

How does your State's law read? In Texas, we are allowed to charge a "reasonable fee" as long as we have a signed Disclosure Statement signed prior to binding coverage. This fee is something that we acknowledge during the quote process and is NEVER hidden or "slid" into the deal....
by tsntyler
Thu Sep 09, 2010 10:44 am
Forum: Opinions
Topic: Progressive appointment
Replies: 4
Views: 5517

Re: Progressive appointment

Pretty simple - just need to call their regional marketing rep and they should be able to help you.

Tom Sorrels
by tsntyler
Thu Jun 24, 2010 11:34 am
Forum: Opinions
Topic: 101 Sales and Marketing Ideas for Insurance Agents
Replies: 17
Views: 16867

Re: 101 Sales and Marketing Ideas for Insurance Agents

BEst thing to do is ASK for the sale....... If you give personal lines quotes on the phone, we increased our close ratio by asking FIVE words: Have you got a pencil?? You would be surprised when you ask this question, the person on the other end of the call will say something like: "Uhhhhhh, wa...
by tsntyler
Wed Mar 24, 2010 2:32 pm
Forum: Hard-to-Place Accounts
Topic: Taxi Cab Accounnt - 70 Units - Florida (Miami Area)
Replies: 3
Views: 3972

Re: Taxi Cab Accounnt - 70 Units - Florida (Miami Area)

Does FLorida have an "assigned risk plan" or JUA for automobile insurance?? The taxi business is a "high touch" account as they are always substituting vehicles and adding/deleting drivers...not to mention minor claims. We have several taxi accounts and the owners are ALWAYS shop...
by tsntyler
Tue Aug 11, 2009 10:46 am
Forum: Opinions
Topic: Looking to buy used CPCU study materials
Replies: 22
Views: 19218

Re: Looking to buy used CPCU study materials

After all, you have to keep the cash flow coming in! Talk about future residuals! It's like the CIC course(s) - once you get the designation, you have to keep going back to MONITOR thae class for the same amount of tuition just to keep that cash coming in....overlooking the fact that the material ma...
by tsntyler
Fri Aug 07, 2009 4:00 pm
Forum: Opinions
Topic: Charging Broker Fees in FL, TX, and NY
Replies: 4
Views: 7731

Re: Charging Broker Fees in FL, TX, and NY

Since there are NO "retail" brokers in Texas, we call them AGENCY FEES. The law states that we are allowed to charge a reasonable fee - the thought being that there are some things that aren't covered by commission - overnight mailing, postage, extra mail expense, fax costs, printing costs...
by tsntyler
Wed Jun 17, 2009 12:27 pm
Forum: Opinions
Topic: P&C independent agent looking for Life contract
Replies: 2
Views: 2577

Re: P&C independent agent looking for Life contract

Why not hook up with a Life agent after you get your license? Let them do all the chasing and appointment setting
and you get paid for THEIR work.

It works for me, and I can concentrate on the P&C business....and the customer doesn't care because you are trying to
do what's best for them.
by tsntyler
Wed Jun 17, 2009 12:24 pm
Forum: Opinions
Topic: Personal lines question: HO3 v. DP3
Replies: 9
Views: 17991

Re: Personal lines question: HO3 v. DP3

I think that all you need to do is look the definition in a Webster's Dictionary.

HOMEOWNER does NOT equal TENANT OCCUPIED.......end of story.

If the current company will NOT make the change to a DP3, I am SURE that there are other companies that will.
by tsntyler
Mon May 18, 2009 11:58 am
Forum: Opinions
Topic: I'm Considering Opening an Independent Insurance Agency
Replies: 30
Views: 69959

Re: I'm Considering Opening an Independent Insurance Agency

http://www.smartchoiceagents.com/ You might check with these guys. They started out originally as a source for captive agents that turned independent. They get you the markets without a volume commitment, and they endup getting about a third of your written commission, but, YOU own the business! Onc...
by tsntyler
Mon Apr 20, 2009 10:48 am
Forum: Opinions
Topic: Marketing Yourself As An Expert
Replies: 2
Views: 2378

Re: Marketing Yourself As An Expert

Depending in the size of your community, you can contact your local TV or radio station and develop a relationship with their "investigative reporter." Then, anytime that something BIG in the industry comes up, call the reporter and tell them. I have done this on several occasions and now,...
by tsntyler
Thu Jan 22, 2009 12:04 pm
Forum: Opinions
Topic: P&C Company Consolidations
Replies: 3
Views: 2591

Re: P&C Company Consolidations

Did you mean ten MONTHS???
by tsntyler
Mon Oct 27, 2008 4:51 pm
Forum: Opinions
Topic: Brooke Insurance Imploding... Opportunity?
Replies: 3
Views: 3211

Re: Brooke Insurance Imploding... Opportunity?

Seems that the franchises do not OWN their book of business - so, they can't legally sell it. I hear from some marketing reps that have contracts with Brooke that they (the parent) are supposed to be sending letters of release - but the franchises haven't gotten them yet, haven't been paid in a mont...
by tsntyler
Fri Jun 27, 2008 12:44 pm
Forum: Opinions
Topic: Who takes cash and does not require money orders?
Replies: 22
Views: 13700

Re: WHO TAKES CASH AND DOES NOT REQUIRE MONEY ORDERS?

In my agency, we take cash and bank cards (with an added surcharge for convenience) and do NOT take personal checks made payable to the agency. In the past, I have been burned by folks giving a check on a closed account or stopping payment on a check. We did what we could do to collect and were not ...
by tsntyler
Tue Apr 15, 2008 11:47 am
Forum: Opinions
Topic: GAs for Preferred Truckers Programs
Replies: 11
Views: 8001

Re: GAs for Preferred Truckers Programs

Rough Notes puts out an annual publication titled The Insurance Marketplace which is a GREAT source for markets. Not being in CA myself, you might try joining one of your State insurance associations such as the Latin American Agents Alliance or the Alliance of Insurance Agents and Brokers.
by tsntyler
Mon Apr 14, 2008 11:56 am
Forum: Opinions
Topic: GAs for Preferred Truckers Programs
Replies: 11
Views: 8001

Re: GAs for Preferred Truckers Programs

It really depends on WHERE you live - not ALL GAs write in ALL States.