Consumers’ needs are constantly changing depending on what is happening in their lives. A life insurancepolicy customer could need car insurance for his kid or boat. Unfortunately we can’t foresee the future to determine what people will want or need. It is important to be vigilant and identify selling opportunities for writing additional insurance coverage and increase profitability for your agency.
For boat owners, there's nothing like taking their precious vehicles out onto the water and enjoy a day of just cruising around, wind in their hair, or maybe even dropping a fishing line and wait for a bite. While many boat owners may have carefree attitudes, there's one thing they should never be casual about - insurance. Insurance is importance (and sometimes, a requirement) for anyone who owns a boat. As an insurance agent, if you know anyone who owns a boat but doesn't have insurance, then you should really tell them the important of getting a policy.
For many people, the most expensive items they will ever insure are their house and car. Some, however, have pricey pastimes or eccentric lifestyles that require ownership of several other big-ticket items. From high-powered snowmobiles to luxury boats, some people just can’t live without their expensive toys, and you must pay special attention to their insurance needs.
Recreational vehicles are more than just “toys”; they often represent a significant investment for the people who own them. As a result, your clients who fall into this category will need special help finding the right insurance policy, to give them proper peace of mind as they indulge in their favorite hobbies: be that cruising the high seas or powering across snow strewn landscapes.
At some point, all reasonable adults know that they will need insurance (part of "adulting", as Millennials say these days.) They need it to protect their most valuable assets, such as their car, home, and their health. However, insurance covers a wide variety of items, as well. Many people may not be aware of this or even that they should insure them, including things which some may consider "toys". For most of us, "toys" could mean actual toys or anything recreational or not necessary. Of course, unlike dollar store toys, these can cost up to hundreds or even thousands of dollars, which is why it makes sense to insure them.