Factors That Impact The Price Of Insurance Leads
In today’s era, the market of lead generation is consistently evolving, due to the growing requirement of insurance leads. But, while picking up a lead provider, people mostly focus solely on the few most common factors, i.e. cost, line, filters and the delivery method.
When it comes to the cost, it varies depending on a few factors. Below listed are a few factors that impact the cost of leads.
The Type of Policy Required
The auto insurance leads tend to be the highest type of all sorts of leads. And to gain the best pricing, you need to take the leads without filters in most possibly the larger geography. Home insurance leads are generally high in demand. Therefore, you can successfully tie up home insurance with auto insurance. Renter insurance is also getting more and more common these days. Homeowners normally prefer renters have insurance before switching on. Leads for Life insurance and Health insurance are also in a very high demand, and are said to be one of the most expensive type of leads. Business or Commercial insurance leads are either a new business or an existing business or can also be an expansion/add-on coverage.
The Exclusivity of the Leads
Insurance leads can either be exclusive or shared. Exclusive leads are sold only to sole agents, whereas share leads can be sold to various insurance agents. This makes exclusive leads more expensive in comparison with share leads.
The Method of Bringing the Leads
Leads you can get in the form of either a data or a phone call. Data leads means you need to contact the leads as early as possible. Speed is key, specifically if you receive shared leads, as they will be competing with other insurance agents. On other hand insurance phone call or say inbound leads are fairly exclusive. Phone calls for insurance leads can be sent either in the form of a warm or a live transfer.
The Geography of the Leads
You can purchase leads either from a small or from a large geography. Leads from smaller geography are more competitive and more expensive as well. For the best priced leads, it is advisable to purchase leads from possibly a larger geography. This means the state these leads are licensed in, either single or multiple states.
The Filters on the Leads
Fewer filters means less expensive leads. Unless restrictions, try to get leads with less or no filters.
The Competitiveness in the Marketplace
Numerous insurance lead generation companies are nowadays operation lead marketplace where they sell leads as per your demand, by charging the market price. This factor makes you purchase leads at a lower price during off-peak days/hours, and also for leads that are in lower demand.
Last but not the least, it is advisable to directly call or email and set up appointments for the insurance leads with the lead generation companies and get a perfect idea on how much can the insurance leads cost. You just need to sign up an account and working with them you can determine the leads that can work for your and utilizing their marketplace you can optimize the amount you need to pay.
For more visit us: http://exclusivecalls.com/