I saw a Nationwide Insurance ad last night that talked about "Brand New Belongings" insurance. The insurance industry has long called this replacement-cost coverage. I love the phrase, "band new belongings" though. The term is more descriptive and more easily understood than replacement cost. Brilliant. Great marketing, Nationwide. My … [Read more...]
When An Independent Agent Is Not Independent
April 22, 2013
First time I have heard this in thirty plus years. Bank hires me to review their coverage and help with their renewal. I think we need to see other insurance companies, as it has been a few years since there was any competition on the account. The bank tells me of an agent who is a depositor and seems to be good. I call the agent. I'm told … [Read more...]
