Paperless processes have become standard practice for businesses across numerous industries. Paper usage no longer dominates record-keeping, invoice processing, payroll, secure document delivery and many other tasks. If you work in any office-centered job, going paperless has undoubtedly bolstered your performance efficiency: According to document solutions firm Nitro, 59% of businesses that went paperless completely realized their return on investment (ROI) in 12 months.
But how many people are adopting paperless techniques in their daily lives? Are you doing so yourself, including for your insurance policies?
A piece in the business and finance periodical Forbes pointed out that as of 2016, only about 12 to 15% of banking statements, utility bills and other personal financial records were sent and received electronically. That’s using a lot more paper than needed.
Greater availability than ever
Utility companies, banks, creditors, cable and internet providers and insurance providers, like Selective Insurance, have all opted to offer digital, paperless options to customers. And they've made it easy and desirable to do so. Certain companies may offer one-click enrollment and others may have a mobile app to help you access policies on the go.
The availability of scanners for consumers has further aided the rise of paperless practices in the home. Many consumers wonder if they should discard every paper document after scanning it. While you shouldn't necessarily discard all paper documents after scanning, limiting paper retention might make sense. Important paper documents to retain in both paper and digital form might include legal documents like property titles and deeds, birth certificates and identifying forms, and legal papers will help you cut paper significantly.
How to cut down paper-use
Going paperless benefits both you and the environment. If 20% of American households switched from paper to electronic bills it would save 1.8 million trees. When transferring your policy and billing information online, there are a few ways to prepare:
How Selective embraces paperless
At Selective, we've adopted paperless techniques to the benefit of our operations and our policyholders' convenience. Selective offers key services to help you “go paperless”:
But how many people are adopting paperless techniques in their daily lives? Are you doing so yourself, including for your insurance policies?
A piece in the business and finance periodical Forbes pointed out that as of 2016, only about 12 to 15% of banking statements, utility bills and other personal financial records were sent and received electronically. That’s using a lot more paper than needed.
Greater availability than ever
Utility companies, banks, creditors, cable and internet providers and insurance providers, like Selective Insurance, have all opted to offer digital, paperless options to customers. And they've made it easy and desirable to do so. Certain companies may offer one-click enrollment and others may have a mobile app to help you access policies on the go.
The availability of scanners for consumers has further aided the rise of paperless practices in the home. Many consumers wonder if they should discard every paper document after scanning it. While you shouldn't necessarily discard all paper documents after scanning, limiting paper retention might make sense. Important paper documents to retain in both paper and digital form might include legal documents like property titles and deeds, birth certificates and identifying forms, and legal papers will help you cut paper significantly.
How to cut down paper-use
Going paperless benefits both you and the environment. If 20% of American households switched from paper to electronic bills it would save 1.8 million trees. When transferring your policy and billing information online, there are a few ways to prepare:
- Make copies: when storing your policy information online, you'll want to also have a backup on your computers desktop to easily pull up and reference
- Use a filing system: you wont be any more organized after going paperless if your documents are in a jumbled mess on your desktop. Set up a series of folders, one for your credit card, or if you have multiple cards a separate folder for each, phone bill, cable bill, electric and so on. Each billing company should be in individual folders.
- Automatic payment: Going paperless requires you to check online for when a new payment is due. enrolling in automatic payment when you enroll for paperless billing, takes the worry out of missing a payment date.
How Selective embraces paperless
At Selective, we've adopted paperless techniques to the benefit of our operations and our policyholders' convenience. Selective offers key services to help you “go paperless”:
- Digital policies: We offer the majority of our commercial and personal policies in digital formats (except flood, excess and surplus lines coverages, and bonds policies). This allows instant access to coverage details at your convenience. Just log in , or create an account if you have not already.
- Paperless billing: For our customers enrolled in SelectPay, we now offer an option to pay bills electronically. Free yourself from unneeded waste and clutter. All you have to do is log into your customer self-service account, and Go Paperless.
- Mobile app: Selective's services are now available on the go for Apple® and Android™ smartphone and tablet computer users. You can file claims via photo upload, have your claim location automatically pre-filled, check on progress of outstanding claims, review policy information, make payments, connect to your agent, and receive repair recommendations!
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