Daniel M. Zeiler, CPCU, president of Zeiler Insurance, has been developing The Zeiler System over the last decade. Much of the company’s profits over the years have been reinvested into company infrastructure, rate comparison tools, and market trend research. The Zeiler System uses some of the latest tools the industry has to offer. This system is designed to effectively position our clients in the insurance marketplace so that they are maximizing their savings over a long-term basis. On average, our customers save 16%-22% on insurance costs over a 5-10-year period. As you may know, the insurance market as a whole increases 4-6% annually on average. Once your increase reaches a given threshold, our Agency Management System is designed to automatically trigger an assessment of the insurance marketplace on your behalf. This assessment is conducted by our expert advisors and incorporates the following considerations: coverages, deductibles, exclusions, endorsements, carrier operations, current market trends, carrier financial ratings, multi-policy discounts, tenure-based benefits, anticipated customer changes, etc. This approach allows our clients to constantly be best positioned in the insurance marketplace.
Over the years, we’ve found that the typical “quoting process” in the insurance industry may be flawed, and often focuses on the short-term positioning of consumers. More often than not, this approach can compromise more valuable savings in the long-run. Be careful of the “apples to apples” approach. Insurance is not the commodity that major carriers portray it to be.
The insurance marketplace is constantly fluctuating, and without an approach of this level, it is impossible to be confident in where your money is going.