Strata Insurance Solutions’ Post

Are you strengthening client trust and loyalty? 💼✨ Independent agents have a powerful advantage: trust. But maintaining it requires action. Proactive policy reviews can elevate your role from insurance provider to trusted advisor. Read the article linked below to discover how proactive reviews can enhance retention, satisfaction, and your competitive edge. #IndependentAgents #ClientRetention #InsuranceInsights

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬 𝐟𝐨𝐫 𝐟𝐢𝐥𝐢𝐧𝐠 𝐚 𝐜𝐥𝐚𝐢𝐦 𝐮𝐧𝐝𝐞𝐫 𝐭𝐡𝐢𝐬 𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐭𝐲 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐩𝐨𝐥𝐢𝐜𝐲? Your broker will guide you through the claims process, as different insurers have varying procedures. Having an experienced broker is highly recommended for this. Generally, the process will follow standard steps... 𝐍𝐨𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 ✅ Inform your broker immediately after a claimable event occurs. They will guide you through the next steps and provide necessary forms. 𝐃𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 ✅ Collect and submit relevant documents like reports, photos, and receipts to support your claim, essential for assessment. 𝐂𝐥𝐚𝐢𝐦 𝐒𝐮𝐛𝐦𝐢𝐬𝐬𝐢𝐨𝐧 ✅ Your broker will assist in completing and submitting the claim form to the insurer with all required information. 𝐂𝐥𝐚𝐢𝐦𝐬 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭 ✅ The insurer will review the claim, investigate, assess damages, and determine liability. 𝐑𝐞𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 ✅ After the assessment, the insurer will communicate their decision, and your broker will help you understand the outcome and next steps. Notify your broker immediately when a claimable event occurs, provide all necessary documentation, and follow their guidance through submission and assessment. Ensure you're prepared by discussing the claims process with your broker and gathering any needed documentation! 🎯 #ClaimsProcess #ClaimsHandling #NotifyYourBroker

𝗔𝘃𝗼𝗶𝗱 𝗖𝗼𝗺𝗺𝗼𝗻 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗖𝗹𝗮𝗶𝗺 𝗥𝗲𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀: 𝗞𝗲𝘆 𝗧𝗶𝗽𝘀 𝗳𝗼𝗿 𝗮 𝗦𝗺𝗼𝗼𝘁𝗵 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 Filing an insurance claim doesn't have to be stressful! 🚫🚨 Avoid common pitfalls that lead to claim rejections with these helpful tips: 1️⃣ Accurate Information: Double-check your claim form for any errors or missing details. 2️⃣ Timely Intimation: Report incidents to your insurer promptly to speed up claim processing. 3️⃣ Disclose Pre-Existing Conditions: Always share your full medical history when purchasing a policy. 4️⃣ Understand Exclusions: Familiarize yourself with policy exclusions to avoid unpleasant surprises. 5️⃣ Keep Your Policy Active: Ensure your premiums are up to date to avoid claim rejection due to a lapsed policy. 💡 𝗕𝗼𝗻𝘂𝘀 𝗧𝗶𝗽𝘀 𝗳𝗼𝗿 𝗮 𝗛𝗮𝘀𝘀𝗹𝗲-𝗙𝗿𝗲𝗲 𝗖𝗹𝗮𝗶𝗺 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲: Know your policy inside out. Keep all necessary documents organized and ready. Stay in communication with your insurer during the claim process. Don’t hesitate to seek professional help if needed. Follow up regularly to ensure timely claim settlement. By staying informed and proactive, you can make the claim process smoother and secure the financial support you need during tough times. 👇 Share your experiences or ask questions in the comments. Let’s simplify insurance together! #InsuranceClaim #Insurance #InsuranceClaimProcess #FinancialSecurity #PolicyManagement #HassleFreeClaim #InsuranceAdvice #InsuranceAwareness #RiskManagement

CIS: The insurance decoder you’ve been waiting for! 📄 A 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐒𝐡𝐞𝐞𝐭 (𝐂𝐈𝐒) is a concise, easy-to-read document that accompanies every insurance policy, summarizing key details such as coverage, exclusions, premiums, sum insured, and how to file a claim. 𝐈𝐭 𝐬𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐬 𝐜𝐨𝐦𝐩𝐥𝐞𝐱 𝐩𝐨𝐥𝐢𝐜𝐲 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, helping you understand exactly what you're signing up for. It's crucial for making informed decisions, ensuring you know your coverage and exclusions before finalizing a policy. It provides peace of mind, especially when filing claims, as you’ll already be familiar with your policy’s details. At Chola MS, we’re committed to helping you make confident, informed choices. Take a moment to review the CIS and find the best protection for your needs today! 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞 𝐡𝐞𝐫𝐞: https://lnkd.in/gmTfBD2i #CholaMS #StayProtected #StayInsured #CISSheet

2 Big Mistakes Killing Your Insurance Sales (It's Not What You Think!) Looking sharp is important, but there's more to closing deals than just grooming! Our latest video exposes 2 critical errors new insurance advisors often make: 1. Focusing on Appearance Over Needs: While professionalism matters, neglecting to understand your client's specific problems can sink your sales. 2. Failing to Identify the Real Pain Points: Learn how to ask the right questions and uncover the hidden challenges your clients face. Watch this video to uncover the secrets to insurance success and discover how BMT Insurepreneur can guide you every step of the way! Contact us: 📞 +91 87992 11098 ✉️ info@bmtinsupreneur.com #insuranceawareness #insuranceeducation #insurancebenefits #protectyourfuture #bmtinsurepreneur #businessmentorship

Great advice that I recently received and believe in sharing: When a new client reaches out for your services, always ask if there are other partners or decision-makers involved. I recently worked on a quote for insurance on a multi-family apartment complex. I secured a great quote, but at the final stage, I received an email from the carrier stating that the client had taken the quote to their existing insurance agent. When I called the client to understand the situation, he explained that his partner had requested it. I don't have an issue with clients wanting to work with their existing agent or seeing if I can compete. However, I do take issue when I provide a great offer, only for it to be taken to their old agent. Therefore, when taking on a new client, make sure to engage all decision-makers. This helps avoid reaching the finish line only to face a major disappointment. Have you experienced something like this? What do you do to avoid it?

Navigating the Maze: The Importance of Broker Expertise Navigating Complexities: Insurance policies can be confusing. Brokers clarify terms, conditions, and jargon to ensure you understand your coverage. Tailoring Policies to Your Needs: Brokers customize policies to fit your unique situation, ensuring your coverage matches your specific needs. Risk Assessment: Brokers assess your situation, identify risks, and recommend coverage to protect you effectively. Industry Knowledge: Brokers stay updated on insurance trends and regulations, offering current advice to keep your coverage relevant. Claims Assistance: Brokers guide you through claims, helping with paperwork and speeding up the process for smoother resolutions. Advocacy on Your Behalf: Brokers act in your best interest, helping resolve disputes fairly with the insurance company. Cost Savings: Brokers use their expertise to find competitive rates and better terms, potentially saving you money. In summary, brokers simplify insurance complexities, tailor coverage, assess risks, provide up-to-date advice, assist with claims, advocate for you, and can save you money. Call me Today! Ricky@Landmarkinsured.com Direct: 630-526-4302 #insurancebroker #homeandautoinsurance #businessinsurance #navigatingthemaze #benefitsofabroker #insurancesolutions

$𝟴,𝟬𝟬𝟬 𝗖𝗹𝗮𝗶𝗺 𝗦𝗲𝘁𝘁𝗹𝗲𝗱, 𝗜𝘁 𝗽𝗮𝘆𝘀 𝘁𝗼 𝗯𝗲 𝗽𝗲𝗿𝘀𝗶𝘀𝘁𝗲𝗻𝘁! We recently advocated a successful dispute for one of our clients who faced a challenging situation following water ingress to their property after a major rain event. The insurer initially planned to decline the claim, pointing to previous roof repairs—including the use of silicone—as evidence of insufficient maintenance. Understanding the critical details and timeline was key to our approach. We acknowledged that while the roof had undergone prior repairs, they were conducted with the expectation that they were performed to a professional standard. We also clarified a misunderstanding regarding the repair attempts that occurred post-claim but before the insurer's assessment. This misunderstanding led the insurer to believe that there were multiple failed repair attempts prior to the event, which wasn’t the case. Our persistence paid off when the insurer overturned their decision, agreeing to cover the resultant damage and settling the claim for $8,000—a significant win for our client. As part of the resolution, our client agreed to undertake necessary maintenance to the roof, ensuring their property remains in good condition. 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀 𝗛𝗲𝗿𝗲: 𝗣𝗵𝗼𝗻𝗲: 1300 554 165 𝗘𝗺𝗮𝗶𝗹: info@stratainsurancesolutions.com.au 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗤𝘂𝗼𝘁𝗲: https://bit.ly/42danW5 #StrataInsurance #StrataInsuranceSolutions #TransparentEthicalStrataInsurance #HappyClient 𝘛𝘩𝘪𝘴 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘤𝘰𝘯𝘵𝘢𝘪𝘯𝘴 𝘨𝘦𝘯𝘦𝘳𝘢𝘭 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘮𝘢𝘺 𝘯𝘰𝘵 𝘴𝘶𝘪𝘵 𝘺𝘰𝘶𝘳 𝘱𝘢𝘳𝘵𝘪𝘤𝘶𝘭𝘢𝘳 𝘤𝘪𝘳𝘤𝘶𝘮𝘴𝘵𝘢𝘯𝘤𝘦𝘴. 𝘛𝘩𝘦 𝘱𝘳𝘦𝘤𝘪𝘴𝘦 𝘤𝘰𝘷𝘦𝘳𝘢𝘨𝘦 𝘢𝘧𝘧𝘰𝘳𝘥𝘦𝘥 𝘪𝘴 𝘴𝘶𝘣𝘫𝘦𝘤𝘵 𝘵𝘰 𝘵𝘩𝘦 𝘴𝘵𝘢𝘵𝘦𝘮𝘦𝘯𝘵𝘴 𝘢𝘯𝘥 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘪𝘯 𝘵𝘩𝘦 𝘳𝘦𝘭𝘦𝘷𝘢𝘯𝘵 𝘗𝘳𝘰𝘥𝘶𝘤𝘵 𝘋𝘪𝘴𝘤𝘭𝘰𝘴𝘶𝘳𝘦 𝘚𝘵𝘢𝘵𝘦𝘮𝘦𝘯𝘵 (𝘗𝘋𝘚) 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘵𝘦𝘳𝘮𝘴 𝘢𝘯𝘥 𝘤𝘰𝘯𝘥𝘪𝘵𝘪𝘰𝘯𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘪𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘗𝘰𝘭𝘪𝘤𝘺 𝘸𝘩𝘦𝘯 𝘪𝘴𝘴𝘶𝘦𝘥. 𝘉𝘦𝘧𝘰𝘳𝘦 𝘥𝘦𝘤𝘪𝘥𝘪𝘯𝘨 𝘵𝘰 𝘢𝘤𝘲𝘶𝘪𝘳𝘦 𝘢𝘯𝘺 𝘪𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘱𝘳𝘰𝘥𝘶𝘤𝘵, 𝘺𝘰𝘶 𝘴𝘩𝘰𝘶𝘭𝘥 𝘰𝘣𝘵𝘢𝘪𝘯 𝘢𝘯𝘥 𝘤𝘰𝘯𝘴𝘪𝘥𝘦𝘳 𝘵𝘩𝘦 𝘳𝘦𝘭𝘦𝘷𝘢𝘯𝘵 𝘗𝘋𝘚 𝘰𝘳 𝘗𝘰𝘭𝘪𝘤𝘺 𝘸𝘰𝘳𝘥𝘪𝘯𝘨 𝘢𝘷𝘢𝘪𝘭𝘢𝘣𝘭𝘦 𝘣𝘺 𝘤𝘰𝘯𝘵𝘢𝘤𝘵𝘪𝘯𝘨 𝘰𝘶𝘳 𝘰𝘧𝘧𝘪𝘤𝘦. 𝘚𝘵𝘳𝘢𝘵𝘢 𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘚𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 𝘪𝘴 𝘢 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘈𝘶𝘵𝘩𝘰𝘳𝘪𝘴𝘦𝘥 𝘙𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘢𝘵𝘪𝘷𝘦 𝘰𝘧 𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘈𝘥𝘷𝘪𝘴𝘦𝘳𝘯𝘦𝘵 𝘈𝘶𝘴𝘵𝘳𝘢𝘭𝘪𝘢 𝘗𝘵𝘺 𝘓𝘪𝘮𝘪𝘵𝘦𝘥 𝘈𝘉𝘕 𝟪𝟣 𝟢𝟩𝟤 𝟥𝟦𝟥 𝟨𝟦𝟥 𝘈𝘶𝘴𝘵𝘳𝘢𝘭𝘪𝘢𝘯 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘓𝘪𝘤𝘦𝘯𝘤𝘦 𝘕𝘰 𝟤𝟦𝟢𝟧𝟦𝟫 𝘊𝘈𝘙 𝘕𝘶𝘮𝘣𝘦𝘳 𝟦𝟢𝟦𝟤𝟦𝟨

Long forms on your insurance agency's website can be a major roadblock for potential customers. Here's why: 🚫 High abandon rates: The longer the form, the higher the likelihood of your prospect abandoning. 🚫 Overwhelming process: Even if basic information is captured, customers may feel overwhelmed and abandon the process. 🚫 Inaccurate information: The information provided by customers in these forms may not be accurate as it's based on their own understanding. 🚫 Added friction: Follow-on forms or intake forms to gather more information can add more friction and frustration for the customer. Don't let long forms deter your potential customers. Simplify the process and increase your conversion rates. Canopy Connect offers a seamless process for prospects to share their insurance information, making it easier for agents to gather insurance data. #insurancedataintake #canopyconnect #insuranceindustrynews #Insuranceagent #connectedinsurance

A long quote intake form adds unnecessary friction to your sales flow. Keep it simple and watch your conversions skyrocket. Or send them a canopy connect link and make everyone's life easier, including your own.