Expand Your Insurance Menu

The world is an unpredictable place; so many different things can go wrong. It makes sense, then, why there are so many different kinds of insurance plans to accommodate this unpredictability.

As an insurance broker, it’s up to you to be able to provide as many different kinds of insurance as possible. To be able to do this, however, you first have to understand all the options available.

As an independent insurance broker agency ourselves, we’re here to help you out.

Policies for Brokers

The number of options to add to your insurance menu is greater than you might think. For example, you can offer policies for:

Firemen putting out a home fire.
Home insurance can protect you in the unfortunate event that your home catches fire.
  • Home & Auto Insurance
  • Auto Insurance
  • Home Insurance
  • Other Personal Insurance
  • Farm Insurance
  • Life Insurance
  • Recreational Vehicle Insurance
  • Additional Insurance Services
  • Coverage for Specific Industries
  • Coverage for Your Business
  • Liquor Liability Insurance
  • Coverage for Your Employees

Popular Options and Best Sellers

Naturally, some types of policies are more popular than others. In most cases, you’ll find home, auto, and life insurance to be the most sought-after. This makes sense when you think about the number of people who have homes or cars they want to protect, or loved ones they want to make sure are taken care of after their passing, compared to the number of people who need liquor liability insurance, for example.

The most popular types of policies also happen to the best selling types of policies, namely, home, auto, and life insurance.

However, as people grow older, get married, and build families, their number one priority is often the well-being of their family members. Therefore, you’ll often find life insurance policies to come out on top as your bestseller.

Selling Tips

To attract more people to your new types of policies, there are a couple of things you can do.

The first thing is to offer bundling discounts (somewhere in the area of 10%-20% is often a good start) for customers who purchase more than one type of policy at the same time. A common combination is home and auto insurance.

Another thing you can do is offer free quotes. This way, customers can check out your new types of policies risk-free. Plus, when presented with their quotes, they didn’t have to pay anything extra, and they’re much more likely to continue exploring closer and closer to purchase time.

Looking for an example of a real-life independent insurance broker agency already incorporating all of the tips above?

Check out Prince Insurance Group to learn more.

Best Insurance Options For Independent Agents

open office spaced filled with people working at their latops

When working on your own, you are probably trying to enhance your practices for all clients. It can be challenging as a small business or solo-contractor trying to figure out which techniques will be the best received by new and old customers alike. One way to ensure that you are safe and covered in all areas of your business is by being insured.

Insurance policies for independent agents can often be challenging to find unless working with a company that understands your needs and goals as a sole proprietor. While you can want to stay competitive and offer your clients the best, you should always be looking for ways to improve.


Offer The Best

If you want to stay competitive and keep your clients satisfied, you need to offer them the best. Insurance policies for independent agents can luckily be more flexible, as there are no overarching guidelines for which you need to stay informed. You have the power to do what you feel is best for your business and your clients.

Know Your Packages, & Boost Your Business


One of the best ways to stay on top of everything is by knowing your packages’ details. The better you understand your package, the more likely you can perform in a way that benefits not only you, but your clients now and in the future.

open office space with a long working table in the middle
Independent agents must ensure they know the details of their insurance policies.

Boosting your business is probably one of your primary concerns. By acquainting yourself with your policy’s details, you can better inform clients and offer them better deals and services. If you work with a company that keeps you informed of your policy details, you don’t have to worry about feeling in the dark.

At Prince Insurance Group, we can offer the best insurance policies for independent agents. Whether you are just starting in business or already have a string of loyal clients, we can elevate your business and ensure all of your transactions are carried out with finesse.

Contact us today to find out more about the ways we can help you.