0:05
millennials aren't shy about asking
0:07
questions and insurance is no exception
0:09
if you're an insurance agent you've
0:11
probably fielded all kinds of questions
0:13
about cost value and why certain
0:15
policies even matter the secret to
0:18
winning their trust be real relatable
0:20
and helpful let's take a closer look at
0:23
what millennials want to hear about life
0:25
auto and home insurance including some
0:27
tips on how to sell to them and keep
0:29
them as clients when it comes to life
0:32
insurance millennials often ask "Is it
0:34
too expensive can I even afford it?"
0:37
Your response should be clear and
0:39
surprising life insurance often costs
0:41
less than they think for example a
0:43
healthy 30-year-old could get a term
0:45
policy for less than the cost of a
0:47
monthly streaming bundle another common
0:50
question is about the difference between
0:51
whole life and term life insurance
0:54
explain it simply term insurance is like
0:56
renting suitable for shorter commitments
0:58
while whole life is more like owning
1:00
building value over time and staying
1:02
with you forever for auto insurance
1:05
millennials often wonder why their
1:07
premiums keep going up even without
1:08
accidents acknowledge their frustration
1:10
and explain factors like higher repair
1:12
costs or increased accidents in their
1:14
area then offer strategies to trim costs
1:17
such as bundling policies or good driver
1:19
discounts when asked about necessary
1:22
coverage emphasize the importance of
1:24
protection against uninsured drivers and
1:26
the value of collision coverage use
1:28
personal stories to make the risks feel
1:30
real and relatable for property
1:33
insurance many millennials who rent
1:35
don't realize they need coverage explain
1:37
that while the landlord covers the
1:38
building their personal belongings are
1:40
their responsibility renters insurance
1:43
is typically affordable and protects
1:45
against scenarios like fires theft and
1:47
personal liability when selling to
1:50
millennials help them do the math
1:52
compare policies to monthly
1:53
subscriptions or weekly coffee habits to
1:55
make the value feel real and immediate
1:58
offer personalization options and
2:00
bundling opportunities to save them both
2:02
time and money to retain millennial
2:05
clients focus on connection and
2:06
convenience check in regularly keep
2:09
their portals and apps userfriendly and
2:11
always respond quickly be transparent
2:14
about renewal offers and potential
2:15
savings to show you have their best
2:17
interests in mind the key to keeping
2:19
millennials from shopping around is to
2:21
create value beyond just policies be
2:24
their partner in navigating financial
2:26
stability offer personalized tips timely
2:28
updates and show that you care about
2:30
what they care about remember
2:32
millennials don't want canned answers or
2:34
pushy sales tactics they want an agent
2:36
who feels on their side by being that
2:39
agent you'll build loyalty that won't be
2:40
easily swayed by flashier offers what
2:43
millennials want to hear from their
2:45
insurance agent let's recap the key
2:47
points about what millennials want to
2:49
hear from their insurance agent one be
2:52
transparent about costs life insurance
2:54
can be more affordable than they think
2:56
often less than a monthly streaming
2:58
subscription two explain insurance types
3:01
simply use relatable analogies like
3:03
comparing term life to renting and whole
3:05
life to owning three address their
3:08
concerns for auto insurance explain why
3:10
rates might increase and offer
3:12
strategies to lower costs four highlight
3:15
the importance of renters's insurance
3:17
explain that it protects their
3:18
belongings and is typically very
3:21
affordable five focus on value and
3:24
personalization help them understand the
3:26
real value of insurance and offer
3:28
solutions remember millennials
3:31
appreciate honesty simplicity and
3:33
personalized service by addressing these
3:35
key points insurance agents can build
3:37
trust and long-asting relationships with
3:39
their millennial clients we hope this
3:41
information helps you navigate the world
3:43
of insurance with confidence remember
3:45
the right insurance agent will be
3:47
transparent relatable and focused on
3:49
your unique needs stay informed and
