Latest Release : Hispanic Consumers and Property and Casualty Insurance in US 2014

Most up-to-date research on "Hispanic Consumers and Property and Casualty Insurance - US - October 2014" to its huge collection of research reports. Hispanic consumers value personal relationships making the role that insurance agents play in building a relationship and offering support very important; as they reach Hispanics with a consulting attitude rather than a sales approach, they may be able to gain their trust and anticipate the questions that Hispanics may have but are hesitant to ask. Browse Detail Report With TOC @ http://www.researchmoz.us/hispanic-consumers-and-property-and-casualty-insurance-us-october-2014-report.html Table of Content Scope and Themes What you need to know Definition Data sources Consumer survey data Expenditure data Abbreviations and terms Abbreviations Terms Acculturation Executive Summary Hispanic household’s spending on property and casualty insurance stagnant Figure 1: Average expenditures by Hispanic households for property and casualty insurance, at current prices, three-year rolling averages, 2008-13 Homeowners/renters insurance increases with acculturation; car insurance doesn’t Figure 2: Hispanics’ ownership of property and casualty insurance, by level of acculturation, August 2014 Likelihood of filing claims increases with income Figure 3: Claim filing incidence among Hispanics, by household income, August 2014 Price is the main reason behind most Hispanics switching auto insurance Figure 4: Reasons that Hispanics have for switching auto insurance, by level of acculturation, August 2014 Spanish-language key to reach unacculturated Hispanics Figure 5: Hispanics’ attitudes toward insurance agents – Any agree, by level of acculturation, August 2014 Younger Hispanics more likely to see insurance companies as commodities Figure 6: Hispanics’ attitudes toward insurance’s value – Any agree, by age, August 2014 Importance of shopping around to get different quotes at renewal decreases with acculturation Figure 7: Hispanics’ attitudes toward purchasing insurance, by level of acculturation, August 2014 Preference for purchasing insurance online still limited Figure 8: Hispanics’ attitudes toward purchasing insurance, by level of acculturation, August 2014 Less than half of Hispanics getting a good deal on auto insurance Figure 9: Hispanics’ attitudes toward switching auto insurance, by age, August 2014 What we think Browse Reports in Insurance @ http://www.researchmoz.us/insurance-market-reports-161.html Issues and Insights Gaining trust with an intangible product The issues The implications Differentiating an insurance company in a competitive, price-oriented market The issues The implications Reaching Hispanics online for insurance The issues The implications Trend Application Trend: Return to the Experts Trend: Moral Brands Trend: Prepare for the Worst

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