Across the country the price of gas for our cars has fallen off considerably. The U.S. average today is about $1.75 per gallon of regular gas. Compare that with last July when the average was hovering around $4 per gallon and you can see that the average driver is finally getting some relief.
How does this affect an insurance agent? Well, for starters its safe to drive again! The costs and overhead involved in being an independent insurance agent have always been there. But when one of those costs is thrown wildly out or whack, it can affect one’s budget considerably. We have seen many agents are expanding their territories again, where previously they were hesitant to drive to their traditional marketing areas. Its worth it to travel to an appointment because the price of gas does not eat up all their income. This is a great thing for both the agent, the company and of course the consumers who value a face-to-face meeting.
Let’s hope that the gas prices remain affordable. And, looking at the big picture, lets also hope that someday our cars can be powered in smarter ways. Who knows what the future will bring?
Tags: agents, budget, gas, geographic, health insurance leads