Why The Uptick in Inquiries About Catastrophic Insurance?
This started out innocently enough, a friend called me and said, "Michael you have your big interest in defensive stuff, right? Try calling a couple insurance agents and ask about catastrophic coverage. Just do it."
So I did, randomly chose a couple agents and asked them if they are receiving more calls for that type of insurance? Sure enough, it seems the couple agents I reached said they are getting more of these calls than usual. Especially since the election.
Normally insurance to cover catastrophic situations is a slow, fairly steady business. One agent said that since the election she's had a definite uptick in inquiries where the basic premise is, "...what happens if a political leader does something that really upsets this country...?"
Another agent confirmed that for various reasons Americans are concerned that somehow the country may be heading in a new, untested direction. They aren't sure but this agent thought something about Donald Trump was making people question the stability of America.