I'm entering my first full on month at Allstate. I spent roughly 2 weeks last month selling after finishing the Good Hands University and seperate Alstar training. First, I'd like to say my only prior experience in insurance is State Farm where I had a terrible experience.
Allstate itself has been nothing but fantastic. Corporate was incredible. Training was incredible. And my office itself is fantastic.
Since being in my office and quoting like crazy I've noticed something common. Allstate's rates are pretty damn high. Now to be crystal clear, I don't sell on rate or automatically give up if our rate isn't competitive.
Examples being on an Insurance Score rating of 1-16, 1 being the best, if you are 10+ we generally don't come close to the competition. Even in cases of 1-5 it's still a challenge to be competitive.
From what I've been told, this has to do with Michigan PIP increase and also some internal changes within Allstate's discounts and their general price.
Getting past "buyers are lyers" and what not, which I'm sure we all have ran into them and easily found them out, it's a bit frustrating when you're 50%+ higher on a regular basis for "good" prospects.
My question is, for those in Michigan whether working Indy or captive, are you dealing with high rate hikes due to PIP and/or just within your company?
Allstate itself has been nothing but fantastic. Corporate was incredible. Training was incredible. And my office itself is fantastic.
Since being in my office and quoting like crazy I've noticed something common. Allstate's rates are pretty damn high. Now to be crystal clear, I don't sell on rate or automatically give up if our rate isn't competitive.
Examples being on an Insurance Score rating of 1-16, 1 being the best, if you are 10+ we generally don't come close to the competition. Even in cases of 1-5 it's still a challenge to be competitive.
From what I've been told, this has to do with Michigan PIP increase and also some internal changes within Allstate's discounts and their general price.
Getting past "buyers are lyers" and what not, which I'm sure we all have ran into them and easily found them out, it's a bit frustrating when you're 50%+ higher on a regular basis for "good" prospects.
My question is, for those in Michigan whether working Indy or captive, are you dealing with high rate hikes due to PIP and/or just within your company?