2007-05-02 11:38:26 · 5 answers · asked by Anonymous in Business & Finance ➔ Insurance
Are you going to cite an example or are you just making a general statement? I can tell you for a fact that not ALL insurance agencies make a lot of money, a lot fail and the insurance business like everything else is affected by the market, if it's soft they make less or no money compared to when the market is stable or hard.
The insurance biz is like any other business, if you put in the time and effort and you bring value to your customer through service than you should be rewarded.
2007-05-03 02:25:35 · answer #1 · answered by Matt1331 2 · 0⤊ 0⤋
Every business is in business to make money unless they're a non-profit organization. And if you think about it, insurance companies have to make a lot of money to put aside to pay for disasters like Hurricane Katrina, 9/11, etc. Who do you think pays for those sort of events? When lawyers sue, who do you think pays for the litigation and the awards, if any? Insurance companies!
2007-05-02 14:25:14 · answer #2 · answered by Becky D 2 · 1⤊ 0⤋
Because they're willing to work whenever they have to. They are willing to answer the phone at 3AM, come out in rain,. snow,sleet or hail, to help you.
They allow you to interrupt their dinner because you forgot to mail in your premum on time and now it's overdue, they'll do anything to help you that they can without any thanks because you're their customer,
Any questions?
2007-05-02 19:27:46 · answer #3 · answered by TedEx 7 · 1⤊ 0⤋
Because they invest their income
2007-05-02 19:16:24 · answer #4 · answered by InsuranceAdvisor 2 · 1⤊ 0⤋
Where did you get that Idea? Let me know where that agency is and I will send my resume........................
2007-05-02 11:43:12 · answer #5 · answered by DFK 3 · 3⤊ 0⤋