The insurance sector is becoming flooded with the emergence of numerous insurers in the market. This makes it difficult for any service provider to dominate the market for a long period. Well, Pembroke Home Insurance has defied all odds and stood out from their fellow competitors. This insurer dominated today’s news when they talked about a home cover. Premise owners are encouraged to go an extra mile and secure their premises from unseen risks. These risks depend on numerous factors. As we all know, this sector comprises of numerous traditional rules. Well, Pembroke agency dominated the headlines when they scraped off these rules and offer custom made policies to fit the needs of homeowners.
The achievements of this top-notch insurer that make them stand out
As earlier seen, getting rid of the traditional Insurance rule was one of the achievements that made this insurer get progress in today’s news. This news got numerous positive reviews from the public keeping in mind it is frustrating to find a favorable policy. Let us cross over and look at other achievements that made Pembroke Company get into the news headlines. Below are some of them:
- Digitizing their services- This is one of the very few Companies that have adopted online services. This applies to both marketing and offering services to their clients. Numerous premise owners were tired of having to physically visit an agency to transact. Well, this insurance Company helped people transact from their comfort zone with carrying out other activities.
- Direct interactions with their clients- Well, Pembroke Home Insurance have made great strides in their customer care. This makes it easy for various premise owners to contact them using different platforms. It can be either through a call, email or the use of social media platform.
- Introduction of favorable terms & conditions. People fear to secure their houses because of harsh terms & conditions from their selected agencies. Well, this agency revised all their terms & conditions and made them favorable including for those who don’t have any idea on how to secure a cover.
Today’s news explained the steps this service provider took to rise through the ranks and dominate the market. As we all know, advertising strategies changed since the internet was launched. Numerous Insurers are still using the traditional set strategies in the market Traditional strategies made it difficult for business owners in the following aspects:
- Most of them were limited to a specific geographical location. This means that they were only effective to people around the region. Therefore, it was difficult for insurers to expand their market.
- It wasn’t working for insurance Companies in remote areas.
- Some advertising strategies such as TV adverts were considered very expensive and only a few insurers were capable of affording this strategy.
These are some of the reasons why Pembroke Home insurance digitized their services. The above factors frustrated them at some point. Consequently, the number of computer literate people had drastically changed. Online marketing would have the following benefits to this leading agency:
- It would increase their customer conversion rate. This is considering the fact that the number of people using online services has drastically increased. Consequently, studies reveal that a significant percentage of homeowners prefer transacting from their comfort zone.
- It is considered affordable when compared to some traditional strategies. Therefore, Pembroke Company will save a lot of money in the long run.
Securing a House Cover
Pembroke agency also went into News headlines for being one of the few insurers to guide their clients on how to significantly reduce their premium rates. Studies reveal that a large fraction of premise owners’ fear approaching any Insurance Company because of high premium rates. There are tips which homeowners can use in this process to ensure they reduce their premium rates. Below are some tips which this insurer gave out:
- The use of alarm systems- Alarm systems are known to significantly reduce the possibility of risks occurring. Initially, an alarm system notifies the relevant authority when a risk is about to occur. Numerous house owners don’t know that policies vary from those with an alarm system and those without.
- It has been practically proven that Pembroke Home Insurance rewards their loyal customers. Well, this statement applies to numerous insurers in the market. People are encouraged to stay loyal to a specific agency for a long period if they would like to reap significant benefits. Consequently, securing multiple covers with the same insurance Company will attract the same benefits.
- People have a different financial capability. Therefore, it is important for anyone to come up with a budget that suits his/her interest before stepping into the market. This criterion helps prevent overspending while in the market.
This leading agency helped people also understand important things relating to this sector. Homeowners are encouraged to decide on the time duration they would like to secure their cover. Pembroke Insurance Company encourages people to go for short-term contracts if they don’t know anything about the selected insurer. Short term contracts give homeowners the opportunity to secure favorable policies.
Consequently, this agency explained that policies vary depending on the risks insured. Therefore premise owners should identify the risks likely to occur in their region. Geographical location and the occurrence of events are some of the factors which influence the type of risks likely to occur. Insurance Companies will only compensate the occurred risks if they were accidental. There are specific procedures which should be followed immediately a risk has occurred. Below are some of them:
- Contacting your service providers immediately a risk occurs. This is the standard procedure among all insurers in the market. It gives them the opportunity to assess the scene while it is still fresh. This helps determine if the accident was accidental or intentional. Consequently, it gives them the opportunity to determine the intensity of the risks and come up with the compensation amount.