Insurance Agent, Your Partner In Real Estate
Jane Doe finds the perfect turquoise bungalow with enough driveway space to park her pink chevy convertible. You, the real estate agent helped her score a great deal on the place, and she’s all smiles, but one important factor is often overlooked, the amount and type of insurance coverage needed to protect that new pad! Though many times insurance is an afterthought, working in cooperation with me, your insurance agent can create a better relationship and more referrals.
I can help you by consulting with on your clients on specialized homeowners insurance, with a cooperative agreement that is mutually beneficial. This type of relationship is really more like a win/win/win. You, the real estate agent gives better service, and the new home buyer gets trusted insurance advice.
Insurance brokers and real estate agents are on the same team in different positions on the field. What happens when the two 9agent and insurance agent) don’t communicate? The catcher drops the ball on what could have been a strike. Agents and brokers have to start communicating so that clients know their options for better homeowners insurance. With an agent-broker partnership, new homeowners get a great deal backed by a team of professionals that in-turn leads to more referrals.
What type of homeowners insurance I recommend
* The different levels of coverage and what each can mean when claims are made.
* The difference between replacement value and actual value.
* Explaining floodplains and insurance needs.
Though real estate agents and insurance agents typically don’t work together, the two would better serve their respective client needs by collaborating on natural disaster insurance. Many of the same statistics are used in each discipline to assess value and risk. This relationship can save clients thousands of dollars monthly on an insurance plan that will cover them in case of emergency.
Specialized natural disaster insurance is an extremely important thing real estate agents should communicate with their clients. So important, in fact, we discuss it on our list of questions all clients should ask their real estate agents. When real estate agents know the cost of this insurance, they can save buyers thousands of dollars a month.
Here’s the bottom line. Agents selling real property and insurance agents don’t always need to work together, but when it comes to specialized insurance for floods, hurricanes, and even earthquakes, the collaboration between real estate agents and insurance brokers is extremely important. Not only can a local insurance broker be informed about the specific changes to flood lines, earthquake risk, and hurricane probability, they understand how these changes contribute to cost fluctuations for homeowners insurance.
By communicating these cost changes to real estate agents, insurance brokers help maintain a strong relationship between agents and homebuyers. The collaboration between agents and brokers helps buyers afford and be informed on natural disaster home insurance that keeps their family, and their home, safe. And that’s a win on all fronts.
Contact Hansi Holloway with Farmers - DeSalvo Agency for more information, 706-410-2335. [email protected]