4 ms·
How I picked my broker: step1: scape the list of all licensed brokers in my jurisdiction from their regulatory website. step2: prepare the email clearly spelli
by inter_netuser 5y ago
How I picked my broker:
step1: scape the list of all licensed brokers in my jurisdiction from their regulatory website.
step2: prepare the email clearly spelling out the request for quote.
step3: spam all brokers. repeat in a week to make sure they weren't on vacation.
i emailed 200+ brokers with my RFQ, waited a week or so, and picked the lowest cost, then grind them down a little more on the price. I then emailed them my billing details and forgot about it.
Insurance in my area is tightly regulated. Forms, tables, amounts - it's all tightly regulated. It's a commodity.
Could you play devil's advocate and point out where marketing could've played a role?
- nickelcitymario 5y agoImpressive. That does seem like a thorough objective process for which promotions/advertising* would have had zero impact. So: Touché. I don't think that's the norm, even among the majority if HN readers, but I agree that your process as described appears to remove any potential promotional influence. * Marketing, as I've argued elsewhere, goes beyond promotion and impacts prices and the details of the offers, which obviously did impact your choices. But I think you and most people in this thread are referring specifically to the promotional side of marketing, so it may be pedantic of me to make my argument here.