Weathering the Soft Market
Just so we are clear on this, I am a big Louisville Kentucky Derby Fan. I would rather be talking about Kentucky Derby than Kentucky Insurance this week. To solve this conflict, I blogged about the Derby over at Charlie's Kentucky Sports Blog.
So what about this soft market?
National Underwriter reported yesterday that the soft market could change quicker than expected. In talking with several of our insurance reps, we hear rumors the rates may begin going up again by fall. If one of the big three companies announces rate hikes, the others usually follow.
Being an established Kentucky Insurance agency, we have seen the market go through its cycles. We do not worry like we once did; it's like the weather in Kentucky. If you don't like it today; it will be different tomorrow! LOL
For young agents, soft markets can be tough. Have determination. Make a plan for success and hang in there. Eventually, the pendulum will swing back.
Get Kentucky Insurance Quotes
On the week before Kentucky Derby, it's really hard to concentrate on Kentucky Insurance. Please give me credit for making the effort. If you need a Kentucky Insurance Agent, check out our agency at www.pinsoninsurance.com
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