Let's Chat About Kyle
The company that Kyle works for:
What is Liberty Mutual?
This is a required coverage in NY state, which helps protect you if another party sues you in an automobile accident:
What is liability?
BONUS: What is the minimum bodily injury liability coverage required in NY?
This is what the customer pays out of pocket in the event of a loss on their home:
What is the deductible?
This is a crucial type of policy for homeowners, especially those with young drivers or multiple homes, to best protect their assets from lawsuits:
What is an umbrella policy?
This is a great referral for Kyle because they are on the front lines when a customer is purchasing a new vehicle:
What is a car salesman?
Kyle's first job after graduating college and before working in insurance:
What is AT&T (cell phone sales)?
This coverage pays out regardless of fault in NY, and pays for any medical bills that result from a car accident before major medical insurance:
What is personal injury protection/no fault?
This much-needed coverage guarantees that, when a customer has a loss, depreciation isn't considered when repairing the home:
What is replacement cost?
This type of insurance is similar to health insurance, but for our four-legged friends, and is incredibly customizable:
What is pet insurance?
This is a great referral for Kyle because they help first time homeowners purchase their homes:
What is a realtor?
This is a hidden talent Kyle has, which is sometimes Christmas themed:
What is rapping?
This is a discount that every auto carrier accepts, and can be earned after completing a six hour course:
What is defensive driving?
This type of home use is where people rent their homes for short periods of time through an app, and is something that is covered and endorsed through Liberty Mutual:
What is Airbnb?
This type of insurance can be "scheduled" on a home insurance policy, but is best suited to be written on its own so that claims against this policy don't affect the home insurance:
What is jewelry insurance?
This is a great referral for Kyle because they help customers finance their homes:
What is a mortgage broker?
This is the degree that Kyle graduated with, which helps him be more consultative with his customers:
What is education/teaching?
This is one of the major discounts that can be awarded to young drivers to help reduce the higher cost of insurance:
What is good student / student away?
This is an optional endorsement that provides coverage from water damage resulting from a certain piece of equipment malfunctioning:
What is sump pump overflow / water backup?
Writing an insurance policy on these smaller "autos" is typically very inexpensive and gives discounts on the main auto policy:
What is motorcycle, ATV, snowmobile?
This is a great referral for Kyle, because their tenants often need renters insurance, which can be purchased for an extremely reasonable rate (as low as $65/year):
What is an apartment complex?
This is Kyle's favorite hobby, (though this hobby isn't always that kind to Kyle):
What is golf?
This is an automatic endorsement at Liberty Mutual when a customer is referred by certain car dealerships that guarantees parts for a vehicle:
What is Original Manufactured Parts (OEM)?
This endorsement provides expanded coverage for internet-connected devices for a $50 deductible and a low cost on the insurance policy:
What is home computer endorsement?
Insurance on these types of autos is written through Kyle's partnered carrier Hagerty on a "Guaranteed Value" basis, meaning the value that will be paid for a claim on the policy is agreed upon when the policy is written:
What is antique/classic car?
This is a great referral for Kyle, because unlike larger banks, they can be a bit more selective in their members, who will likely qualify for better insurance rates:
What is a credit union?