Artificial intelligence, aka AI, is already having a big impact on insurance companies when it comes to underwriting, claims, and customer service. Does this also mean that AI will replace the need for you to have an independent agent?
If you buy insurance using AI, how do you know for sure you are getting the right coverage? How do you know for certain that you aren’t putting yourself in financial jeopardy?
Do-it-yourself insurance is dangerous. An independent agent should be part of your financial team to protect what matters most to you.
AI Will Not Replace The Value of Independent Insurance Agents
In a recent article, The Insurance Journal states: “Insurance has always been a product that is bought, not sold. Consumers and business owners actively seek guidance when making complex risk decisions that affect their property, livelihood, and financial stability. That guidance rests on three capabilities AI cannot replicate: physical inspection and environmental awareness; human-to-human trust; and experienced, contextual risk assessment. These are the foundational strengths of the independent agent.…Most importantly, (the AI tools utilized in the insurance industry)... will elevate what makes independent agents irreplaceable: human judgment, empathy, and expertise.”
The Correct Coverage: The majority of policies we review outside of our agency have missing coverage, and coverage that is too low. Many of these policies were purchased online, without the benefit of a human to determine your needs. That changes with Alive Insurance Service. For instance, because we have local knowledge of construction costs, we can recommend the right amount of Dwelling Coverage for your home, so you are not underinsured. Having a real conversation about your needs will ensure you’re not overpaying for coverage you don’t need or leaving gaps in your protection.
Customized Coverage: No two clients have the same concerns and no two clients should have the same, cookie-cutter solution. When you have a real conversation with a human, licensed insurance agent,we take the time to understand your unique situation, and customize policies tailored to your personal and business insurance needs.
Personalized Customer Service: If you buy insurance through AI and online websites, you are just another number. When you work with Alive Insurance Service, you can contact us, instead of an 800 number or a bot, to help you with policy changes. From risk assessment to policy service and answering your important questions, our agents and customer service team members are here to provide you with one-on-one guidance and help when you need it.
Proactive Service: Alive Insurance Service has a unique approach in the industry - we reach out to you before every renewal to schedule a policy review. Talk to your agent to review coverages, discounts, billing, changes, market outlook, and more.
Local Experience: Alive Insurance agents understand the challenges and risks specific to your area. Regardless of the type of risk, our insights and experience can make all the difference to you and your family. Established in 1995, we have over 100 years of combined industry experience.
More options, better value: We are not captive to one insurance provider, so we can provide quotes from multiple carriers to find the best match of price and coverage for you.
Unbiased Advice: Alive insurance Service doesn’t answer to a single company or corporation. We are truly independent, so we can be your advocate, and be on your side.
Free service: Unlike other fields in the financial sphere, we don’t charge you a penny for our advice, or for your policies. Consider us to be a vital part of your financial team.
Consistency Over The Long-Term - Your needs may change over the years. Our regular policy review check ups are the time to reassess your needs, to see if adjustments need to be made. If you need a new policy, we can help you with the multiple options we have available, so you don’t have to start over from scratch with a new agent.
Insurance With A Human Touch
Do you trust AI completely with your financial well being? Instead, we recommend having Alive Insurance Service as part of your financial team:
Financial advisor
Accountant
Trust Attorney
Independent Insurance Agent
Keep in mind that Alive Insurance doesn't charge fees for advice or for your service needs. We provide a free service, and it’s the most valuable resource you have. Contact Us for more information.