Insurance agents are always looking for top quality marketing lists. After all, Insurance agents always need to market.
The average customer retention rate within the insurance industry is 84%. There are lots of reasons for the attrition. These may include customers who moved away, died or left your agency to go elsewhere.
If 16% of your customers left your agency, you have to replace those lost customers with new ones. According to the Independent Insurance Agents of Dallas (IIAD), insurance has higher customer acquisition costs than any other industry. That means part of your job is to control your costs.
The key is to select the most responsive marketing lists for insurance agents is targeting your marketing list. There are lots of mailing lists in the marketplace – how do you know which ones to choose? Easy answer – it depends on the insurance product you want to sell.
Targeting the top insurance prospect groups
These are the most productive target lists for insurance agents. Trigger lists, such as new homeowners or turning 65-ers, are an agent’s most responsive groups. That’s because you are reaching them at a time when they need your services.