The Long-Term Costs of Competing on Price Alone
At first glance, competing on price might seem like an effective way to attract clients, especially when larger agencies offer rock-bottom rates.
The Future of Independent Agencies
At first glance, competing on price might seem like an effective way to attract clients, especially when larger agencies offer rock-bottom rates.
Let me hit you with a truth bomb: Insurance is personal. Your clients aren’t shopping for a cheap pair of shoes; they’re looking for security, peace of mind, and someone they can trust to protect what matters most.
Listen, in the dog-eat-dog world of insurance, where everyone and their cousin is shouting about "low rates," it’s easy to get sucked into the price-cutting spiral. But here’s the truth bomb: **competing on price is the fast track to nowhere**.
Let’s face it most insurance agents are chasing price conscious buyers like hounds after a bone, offering lower premiums and thinner margins.