Technology has come along way over the last 10 to 15 years. Insurance has also started to transfer to more of a digital experience.
You can tell by just seeing insurance commercials on tv today.
It seems like auto and home insurance has become more of a commodity over the last 5 years.
Many people just want what coverage is required and to move on. They want it done as a quick as possible. Maybe save 15% in 15 minutes but what if 15 minutes could cost you 85% of what you own.
So is flood insurance the next drive thru purchase?
As I am sure everyone has had a drive thru experience. I feel like I have a bad one almost everyday when i go to get my afternoon diet coke from the arch.
Each time I visit I pay close attention to the drive thru experience. They now have multiple lines that merge to one line. They seem to be attempting to push through more traffic but are making more mistakes than ever.
Imagine if you bought flood insurance this way. Can you imagine having to get your policy changed 3 times or more?
Can you imagine purchasing a policy that has no contents coverage?
Can you imagine purchasing a policy that would only cover half the building?
Well this is what we see happen everyday when someone purchases flood insurance online.
Treating your biggest asset to a drive thru experience may not be such a great idea.
After your home or business has flooded is not the time to find out you don't have the right coverage.
This is exactly what happened to a customer that came to us when they dealt with an online bank.
So if you are going to buy online or want that quick process at least make sure a few things are done.
- Signed application submitted
- Proof of payment submitted
- Confirm bank has a copy
So if you have questions about the flood insurance buying process then click here.
Remember you can also check out our YouTube channel where we do daily flood education videos.
We have an educational background in flood mitigation so we are here to help you understand flood insurance, flood risk, and mitigating your property.