Search found 29 matches

by agent14
Wed Sep 19, 2018 1:13 pm
Forum: Opinions
Topic: Email Disclaimers
Replies: 5
Views: 2570

Re: Email Disclaimers

I think you guys are over thinking this... In today's world, in all of these emails back and forth to prospects, the prospects are looking for rate. So you have to lead with rate, to get them to engage with you in a conversation over the phone, about enhancing the coverage later, on the initial prop...
by agent14
Thu Nov 30, 2017 3:55 pm
Forum: Opinions
Topic: New Agent to be
Replies: 10
Views: 4536

Re: New Agent to be

One has to ask, HOW IN THE WORLD is a company like Farmers, able to get ANYONE (who can read on the net about their practices), to sign up to be an agent for them? Used to have a great agency appointment contract prior to them changing that for the worse in 2009. Now, it is arguable THE WORST carrie...
by agent14
Fri May 19, 2017 10:21 am
Forum: Opinions
Topic: DO and Donts when leaving an insurnace company
Replies: 11
Views: 10073

Re: Farmers Agent received 90 day notice Ca

gregcw, what you just stated about "sounds like ownership" is the reason why many a young, green behind the ears newby to the insurance business is recruited by a captive company, thinking what they are told by a company recruiter is true, that "they will own their own agency." The problem is, the o...
by agent14
Thu May 11, 2017 1:02 pm
Forum: Opinions
Topic: DO and Donts when leaving an insurnace company
Replies: 11
Views: 10073

Re: Farmers Agent received 90 day notice Ca

gregcw, actually Lonestar is right. I may be old school, but the definition of "owning" something, means you do not have to give it up for any reason.

The Farmers contract value is really a type of severance, and does not imply any ownership of the book.
by agent14
Mon May 08, 2017 1:47 pm
Forum: Opinions
Topic: DO and Donts when leaving an insurnace company
Replies: 11
Views: 10073

Re: Farmers Agent received 90 day notice Ca

Trotter, there is an online forum where several current, and ex Farmers agents meet, to discuss this very topic, and many others. You can visit the forum by going here:

http://myinsuranceworld.proboards.com/

You will need to register to use the forum.
by agent14
Fri Apr 07, 2017 10:22 am
Forum: Opinions
Topic: Farmers - your opinion
Replies: 62
Views: 241508

Re: Farmers - your opinion

Seems that Farmers is getting worse every time I talk to a Farmers agent. Latest word on the street, is just this week Farmers is telling all their agents that they are cutting their fire commissions in July 2018 by 30%. I can't see how any person looking to get into the insurance business, that has...
by agent14
Tue Nov 01, 2016 7:47 am
Forum: Opinions
Topic: Liberty Mutual (Texas)
Replies: 2
Views: 7012

Liberty Mutual (Texas)

Anyone here know what has changed recently at Liberty Mutual, with regards to their underwriting and pricing of personal lines customers? We are getting calls from these clients more now than ever, and I think Liberty must have introduced insurance scoring which is causing a disruption to their pric...
by agent14
Mon Aug 03, 2015 5:15 pm
Forum: Opinions
Topic: Insurance companies gouging agents.
Replies: 9
Views: 34890

Re: Insurance companies gouging agents.

ziiqui, D's speaks the truth. Don't be married to any of them. Any one of them could turn on you at a moment's notice. Look what Travelers did recently. Vote with your rater, and try to not become too big with any one carrier. Becoming too big with any one carrier, compared with the rest of your car...
by agent14
Mon Feb 23, 2015 1:46 pm
Forum: Opinions
Topic: Is Google going to run the independent agent out of business
Replies: 21
Views: 121607

Re: Is Google going to run the independent agent out of busi

The banks tried this and failed for essentially the same reasons. Have the banks failed? I don't know, I am just asking. I still get home and auto solicitations in the mail from BB&T bank with my mortgage statement. I would be curious if there is any data on banks ceasing to offer home and auto pro...
by agent14
Fri Feb 20, 2015 6:17 am
Forum: Opinions
Topic: allstate office in upstate ny
Replies: 10
Views: 17098

Re: allstate office in upstate ny

michelle, let me first say that from what I know from my mortgage friends, there is a LOT MORE MONEY in being a loan officer than selling insurance. Having said that, if you can find a way to survive the first 5 years, and that is a BIG "IF", then you might be able to eek out a living as an P & C ag...
by agent14
Fri Feb 13, 2015 6:32 am
Forum: Opinions
Topic: Take the Harford "Agent's Challenge"
Replies: 29
Views: 23469

Re: Take the Harford "Agent's Challenge"

scooter, I feel your pain, but in all fairness to the Walmart thing, that is actually an independent agency that worked our an arrangement with Walmart, to receive referrals from their site. So Safeco is written through an IA that partnered with Walmart. So for now, Safeco does not sell direct like ...
by agent14
Sun Feb 01, 2015 7:57 am
Forum: Opinions
Topic: Take the Harford "Agent's Challenge"
Replies: 29
Views: 23469

Re: Take the Harford "Agent's Challenge"

Well, all seems very simple to sort through. If what the Hartford rep in NJ is true, than I am sure that the President of Hartford personal lines would be more than willing to come to this forum and declare that the Hartford direct auto rate and the agency channel auto rate are the same. Waiting....
by agent14
Tue Jan 20, 2015 7:14 pm
Forum: Opinions
Topic: Take the Harford "Agent's Challenge"
Replies: 29
Views: 23469

Re: Take the Harford "Agent's Challenge"

I don't know why all agents, once given this knowledge, don't immediately roll their Hartford book to another carrier... Bad enough if you have to compete against some of these companies directly. Quite the other thing if they are competing direct, and offering a much lower rate than what they allow...
by agent14
Tue Nov 11, 2014 9:55 am
Forum: Opinions
Topic: Insured to replacment cost or use extended endorsment
Replies: 25
Views: 18292

Re: Insured to replacment cost or use extended endorsment

Detroit, in most states, the insured is not required to rebuild. However, the insurer is held to a higher standard by the courts should the insured decide to rebuild.
by agent14
Sat Nov 08, 2014 5:07 pm
Forum: Opinions
Topic: Insured to replacment cost or use extended endorsment
Replies: 25
Views: 18292

Re: Insured to replacment cost or use extended endorsment

Detroit, couple of things: 1. The cost to rebuild a house, which is based on the cost of labor and materials, in addition to being up to code, has absolutely nothing in common with what a house is worth, which is market value. It is purely accidental if the market value of a property is close to the...