Guide to Online Insurance Lead Generation Companies for Brokers

Before the internet, a significant portion of an insurance underwriter’s work day was spent on the telephone, calling up potential customers. Today, sales lead sites are able to furnish quality, prefiltered insurance sales leads that are actively looking to obtain an insurance policy. These sales lead websites offer a cost effective alternative to prspect lists and other marketing strategies.

Lead companies work by matching together prospects interested in insurance with insurance agents who are looking to sell them a policy. These websites collect personal information from each consumer using a web form, warehouse the information and then sell the lead to an agent.

With an abundant amount of lead generation websites each selling slightly different insurance leads, insurance brokers can’t always determine which insurance lead company is best for them. You should look for a lead company that can consistently provide leads with prices that can deliver a positive return on investment (ROI), a clear billing system and refund policy, a system to filter your leads and that the leads are delivered in real time.

To find the right insurance lead service, you have to look for particular traits. Quality is the key to realizing a great return on investment (ROI). Being able to filter your sales leads so that they only meet your quality specifications is important lead company factor. The following trait to look at is fees. A $9 lead that makes a sale is worth more than a $2 lead that doesn’t get an insurance policy. At times you will accept a lead you can’t get a hold of. If the service doesn’t permit you to return this type of fake lead, then you should think about doing business with another insurance lead service. Some sales lead websites also try to get you to shell out $500 or $1000 when signing up. Be wary of this. Virtually all leadgen sites only require a low up front deposit to start getting leads while a couple will charge monthly for previously purchased leads.

Lastly, when evaluating an insurance lead company, you should shop around and test the waters of 3-4 lead generation sites. A few will be strong for auto insurance leads while others might offer better homeowners insurance sales leads. Using multiple lead generation sites will let you to also keep you and your business protected in case one or more of the lead service’s volume falls.

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