As we start off 2024, insurance premiums continue their upward trend… just like prices of groceries, home repairs, and utilities. For many Americans, it’s hard to keep up. In such trying times, every penny counts. Understandably, people begin to explore alternatives, even considering switching insurance providers. But what if there was a way to keep your clients from straying, even during tough economic times?
Enter R&R Insurance Advisors, one of ASNOA’s trusted partners, who can help you keep clients for the long term.
Creating Loyalty Through Enhanced Peace of Mind
We all know the challenges of constantly rising costs and the temptation to shop for more budget-friendly options. That’s especially true for monthly payments and subscriptions. Maintaining manageable monthly expenses is key for ensuring you have cash left at the end of the month. Insurance customers, too, are on the lookout for better premium rates. Who can blame them? It’s simply a reflection of the current landscape, where everyone is doing their best to make ends meet.
But what if you could keep clients from leaving for better premiums by offering them a better alternative? In fact, they might even thank you for the added peace of mind you provide and be all the more loyal to you as their trusted agent. That’s precisely what R&R’s All-Vehicle Protection Plan (AVPP) and Home Protection Plan (HPP) can offer.
Just think of telling your clients they’re free to increase their deductibles to reduce their monthly premiums without fear of financial repercussions should they need to file a claim. It’s like having a safety net woven into their policies, ensuring they’re protected against life’s unexpected twists and turns.
The AVPP extends coverage to all vehicles your client owns –from cars to motorhomes to JetSkis. We all know the sudden feelings of dread that arise when a mechanic mentions the word “transmission.” So, whether a repair is needed or an unforeseen family emergency requires sudden travel, your client has added coverage. Similarly, the HPP covers the client’s primary residence and offers peace of mind around household mishaps, from a baseball shattering a window to a malfunctioning washing machine.
Adding an AVPP or HPP helps customers sleep soundly without worrying whether their emergency savings account will be wiped out with one unexpected expense.
Benefits to Agents
When a client enrolls in these plans, they can opt to raise their deductible to lower monthly premiums, with no adverse effects in the event of a claim. For instance, in the event of a car accident, they would still pay their deductible but could later receive reimbursement of up to $1000.
With a cost to the customer of less than 50 cents a day per plan, bundling the two plans provides even greater savings. The best part for you, as an agent? Adding these plans to your portfolio comes at no cost. There are no hidden fees or additional charges, just pure value for both you and your clients.
Instead of watching clients flock to cheaper alternatives, why not offer them something truly invaluable? With R&R’s Protection Plans, you’re not merely selling insurance; you’re delivering added peace of mind. In today’s unpredictable world, that’s a commodity no one should be without. Don’t risk losing customers to rivals with lower premium rates. Instead, make the commitment to integrate R&R protection plans into your offerings.
Final Thoughts
Introducing your customers to The All-Vehicle Protection Plan and The Home Protection Plan can make the difference between retention and loss. In a turbulent economic landscape, it’s vital to not only focus on acquiring new clients but also retaining your existing ones. Why not initiate conversations with your clients about these plans today? We’re eager to hear about your success!
To learn more about these protection plans with R+R Insurance Advisors: https://randrinsuranceadvisors.net/