When it comes to finding the right insurance policy for your commercial clients, it’s important to shop around and compare rates. However, this can be a time-consuming process, especially if you’re looking at multiple lines of business.
Thankfully, there are now free tools available that allow you to compare rates in real-time. One such tool is called a commercial lines comparative rating system. This system allows agents to quickly and easily compare rates from different insurers. It’s important for agency owners to consider various options before investing hard-earned profits in an expensive monthly subscription for rating; there is no need to pay outrageous fees to access this technology.
This can be a huge help when finding the best policy for your business. It can also help you get the best rate possible on your client’s insurance coverage and give you the ability to instantly compare quotes from your direct markets as well as those available in the wholesale marketplace.
Another factor to consider when selecting a rater is the benefits. Does the rater you use allow you to create landing pages to market your products and allow them to get quotes 24/7? Does your rater allow you to quote your direct carriers alongside those provided on the portal?
So, if you’re an agent looking for better rates on your commercial lines policies, a more efficient way of shopping for your clients’ protection, or ways to access new markets, consider using a commercial lines comparative rating system. It could save time and money, boost new business and protect your retention.
At Chenango Brokers, we are an insurance wholesaler who wants to make writing business easier for personal and commercial lines. To get set up with our commercial lines rater, contact us today! If you would like to see a free demo of the rater we have it available online now.
