Scott Simmonds - Insurance Newsletter

Insurance from an Unbiased Point of View
www.ScottSimmonds.com

April, 2007
Issue 83 Since 2000

Is Your Insurance Agent Right For You? - "I have full coverage, right?" It's a question insurance professionals hear all the time. The other side of the query comes at claim time, when the insurance company doesn't pay a loss the policy owner thinks should be covered: "What do you mean it's excluded? What do I buy insurance for?"

Read the Full Article as Published By the Portland Press Herald

Questions for Your Insurance Agent #10 - What insurance changes do you see coming at us?

The insurance marketplace is extremely dynamic. Insurer's appetite for business changes throughout the year and, sometimes, with the experience of underwriters. A good agent stays on top of these market changes. As your insurance comes closer to renewal, your agent should be considering options and adjustments to your insurance plan.

Your loss experience also changes the ways insurers look at your company. Several losses over a short period of time can impact the renewal that's coming up. New players may enter the marketplace or specialty programs may come online. Your agent should look at a wide variety of options as he approaches your renewal.

Underlying all the questions in my white paper is an analysis of the abilities and work your agent does for you. How comfortable are you with your agent? Is he paying attention to you and your needs? Are you comfortable with his efforts on your behalf? Is this agent the best agent for you?

Download your free copy of 126 Questions To Ask Your Insurance Agent

Insurance Advice Published by MasterCard - I was recently interviewed by the people at MasterCard Small Business, the advice website sponsored by (surprise) MasterCard. Read the Article Here

Informative Insurance Teleseminars - I hold regular teleseminars to help insurance buyers with their insurance. My goal is to provide useful, easy-to-implement ideas. These are not sales presentations, but solid info you can use to make better insurance decisions.

Email me to register or for more information - Scott@ScottSimmonds.com.

April 26 – For Bankers - What Bankers Need To Know About the Banker's Bond

May 29 - For BMW Dealers - Through special arrangement with BMW this is the first in a special series of teleseminars for BMW dealers only.

(These sessions are free to insurance buyers. Insurance people are welcome at a $75 fee.)

All sessions start at 10:00 am Eastern and last for 45 minutes. If you have a topic suggestion for future teleseminars, let me know.

Maine and Other Stuff

Last week we got 15 inches of snow! We lost power for 30 hours. It stunk! Last night another 2 inches fell. I want spring! The goldfinches are at the feeder. Some birds were trying to build nests in the snow. Next year I will be writing this from my winter home in Savanah, if my wife will let me. (wink)

Today, my Rotary Club finishes up the distribution of dictionaries to every third-grader in our area - a few more than 700. It has been an amazing experience! Some of these kids have never owned a book. Some kids are clutching the dictionary like someone will try to take it away from them. Some can't believe that they get to take the books home, "for keeps." In the scheme of things, we are not spending a lot of money on this - maybe $2,200 total. We have had ten members active in the project who have put in perhaps 30 total man-hours into the organization. What an amazing thing though! Our members are getting stopped in the streets being thanked by total strangers. This may be the most meaningful project we have been involved in.

Biggest Insurance Mistakes White Papers - Get my white papers covering the biggest business and personal insurance mistakes. Send a blank email to bizmistakes@ScottSimmonds.com for a copy of the business mistakes paper. Email personal@ScottSimmonds.com for the personal insurance version. No cost.

Your Privacy - I will never sell or distribute your email address to any other person or organization.

Do You Have The Right Insurance? Contact me to discuss an unbiased review of your insurance program. Do you have the right coverage? Can your policies be fine-tuned to improve the protection? Can changes be made to ease the administrative burden insurance causes? Are you getting the service you should from your broker? I can help. Remember, I don't sell insurance so I'm unbiased.

Need A Speaker? I'm pleased to speak to trade, business, or service associations about insurance topics. See my speaker's page.

Please Forward This Newsletter To Your Business Associates

Scott Simmonds, CPCU, ARM
Insurance Consulting
Phone 207-284-0085
Fax 802-992-4027
Scott@ScottSimmonds.com
www.ScottSimmonds.com

See My Insurance Blog - www.InsuranceBuzzer.com

Comments regarding insurance policies or products in this newsletter do not constitute an endorsement. I accept no fees of any kind from any company mentioned in this newsletter.