Boost Your Insurance Business With Our Free Tools

Whether you've just started your insurance career or you're a seasoned veteran there are essential tools and software to kickstart your insurance business to take it to the next level. 

However, we all know that frustration when every new tool or "thing" that I have to use to increase my business costs $35/month there, $50 here, and before you know it; you're eating away your profit margins for your business before you even got started.

We get it. Some expenses just aren't worth it YET and the value isn't clear about how exactly this "tool/software" can help you increase your business. That's why the Agent Xcelerator Program exists because we offer you no cost tools to effectively run your business.

As an independent agent it's important to develop a structure to your day. At a "regular job" someone normally oversees your task for the day and makes you responsible for them. Now, that's YOU. You're the boss and the "employee". The boss in you needs a way to manage, hold responsible, make accountable, establish workflows, and develop procedures for how you handle business. 

The employee in you needs a series of activities throughout the day to accomplish to move your business forward. A CRM, set up and maintained properly, can make it easy to both visualize your day and hold yourself accountable. 

Here are a few examples of what you can do to structure your day and sell more. There are many other ways to use a CRM aside from the below, don't be afraid to explore it! (Make sure to create your tasks and set your due dates):

While gaining new prospects is definitely a pipeline that needs to stay warm, servicing your current book of business is extremely important too.

Policy management enables you to know which products you sell the most and which current clients closely relate to new prospects or can provide referrals for similar target markets. In your CRM you can break down your book of business by carrier, effective dates, and status to view your written policies in groupings.

Along with keeping a close eye on a growing book of business, tracking commissions in your new CRM will give you peace of mind that you are being paid the correct amounts and on time. But why does the data matter? 

Again, knowing your revenue streams helps build a better and more stable business. Having commission data at your fingertips makes it easier to plan financial marketing strategies. For example, if you sell multiple policies you'll be able to see which ones you sell the most and the profitability of each to expand your company.

Knowing your production in moments helps position yourself and your company for the highest commissions available to you. 

Increase your selling effectiveness with quoting tools right in your CRM. Unlike standalone quoting systems you can simultaneously access your prospects, create activities and tasks, while running quotes. 

Use the market edge tool or "MATT Tool" to see what other agents quote in across the United States. Look at real-time quote information, population info (Over 65 and turning 65), and enrollment counts for Medicare Supplements and Medicare Advantage. Use data to help decide marketing efforts.

Know if your carrier is at the top and easily compare the premium rates of the Nations top Final Expense Companies against others with a few clicks. Final Expense is priced relatively level across the United States, however, some insurance companies perform better in certain areas.

Get instant access to this knowledge with a FREE Final Expense Quoting Tool.

Medicare Supplements rates vary from county to county and zip code to zip code. It is essential that you know which carrier is positioned well for pricing for your customer. All plans are standardized meaning the biggest difference between them is the price.

With a Free Medicare Supplement Quoting Tool, you no longer need to worry about struggling to find your client the best options because they are displayed right there! 

Plans for Medicare Advantage vary in many different aspects. Compare star ratings, plan types, out of pocket maxes and drug coverage to advise your clients in an instant.

Help your client remain educated about the available options in their area with a FREE Medicare Advantage Quoting Tool. 

We'd love to hear your thoughts in the comments below on:

1. Do you currently use a CRM, if not, why?
2. Do you have any questions about using these tools?
3. What is the Quoting tool you use the most?
4. What are some activities and tasks you use to streamline your workflow?

If you have any other questions, please leave a comment below. We will carefully read each one of them. Happy Selling!