Expanding your product offerings as an insurance agent is crucial for driving growth and ensuring success. One product that should be on your radar is earthquake insurance, and GeoVera’s newest product Quake Select Flex Limit is the perfect solution. Here are just a few of the reasons why partnering with GeoVera to offer Quake Select Flex Limit earthquake insurance can provide numerous advantages for your agency and clients:
Fill the Gap and Maximize Revenue
California presents a significant market opportunity for earthquake insurance. While traditional homeowners’ policies cover fire, wind, theft, and plumbing damage, they often exclude earthquake-related damages. Quake Select Flex Limit, GeoVera’s new earthquake insurance product, fills this coverage gap, allowing you to tap into additional revenue streams and increase your agency’s profitability.
Expanded Geographic Availability
Another exciting development is the expanded geographic availability, now including Alameda County. This addition addresses the demands of many agents seeking earthquake insurance in this region, providing you with a new and lucrative market to explore.
Comprehensive Coverage for Enhanced Protection
Quake Select Flex Limit earthquake insurance from GeoVera offers extensive coverage that ensures your clients’ peace of mind. With Coverage A limits of up to $3.5 million, Quake Select Flex Limit provides robust home protection, including attached features, and covers homes built as early as 1925. The coverage extends beyond the dwelling itself, with limits for other structures not attached to the home, personal property, loss of use, and loss assessment. This ensures that your clients are fully protected from various earthquake-related risks. The coverage is applicable to dwelling types ranging from 1-4 unit family residences with wood or masonry veneer, swimming pool, and 1-3 stories including a garage or basement level. Additionally, clients can benefit from retrofit discounts to make their properties more resilient.
Flexible and Customizable Options
GeoVera understands the importance of flexibility in meeting clients’ unique needs. Quake Select Flex Limit offers flexible and competitively priced coverage options, allowing you to tailor the policy to your client’s specific requirements. Additionally, Quake Select Flex Limit provides a customizable building code upgrade coverage, offering the option to cover the extra expenses necessary to bring a home up to the current local building code standards. This attention to customization ensures that your clients receive the most appropriate coverage for their individual circumstances.
Expert CAT Claims Management
In times of disaster, efficient claims handling is crucial. GeoVera’s Quake Select Flex Limit comes with expert CAT (catastrophe) claims management, ensuring your clients receive prompt and efficient support during seismic events. GeoVera’s expertise in handling earthquake-related claims adds an additional layer of reliability.
Voted Best Online Experience
GeoVera was voted the best online experience by Investopedia. With an intuitive online platform, managing earthquake insurance policies has never been easier. And it just keeps getting better.
Benefit from GeoVera’s Expertise and Reputation
Partnering with GeoVera, an established insurance provider, brings numerous benefits to your agency. Affirmed once again in July 2023, GeoVera’s “A” (Excellent) rating from A.M. Best Company reflects its financial strength and reliability. With GeoVera, you can trust that you are partnering with an experienced and reputable company. Selling earthquake insurance with GeoVera’s Quake Select Flex Limit is a strategic move for insurance agents who want to expand their offerings, drive revenue growth, and provide enhanced client protection. By filling the coverage gap, offering comprehensive and customizable coverage, and benefiting from GeoVera’s expertise and reputation, you position your agency as a trusted advisor that prioritizes clients’ needs and safeguards their financial stability. Embrace the opportunity to sell earthquake insurance with GeoVera’s Quake Select Flex Limit and watch your agency thrive in a competitive market while providing invaluable peace of mind to clients.
To learn more about Quake Select Flex Limit, visit geovera.com.
To learn more about GeoVera go to: https://geovera.com/eqagents/