Going to be meeting with our insurance provider next week for the renewal. Any websites and/or reads you recommend to educate myself prior to meeting?

4 ...

Report Post

Posted by awagley101

Opelousas

Member since May 2011

297 posts

Posted on 9/1/12 at 10:34 pm to kaaj24

Well the best way to negotiate with ur renewal carrier.. Is having other companies interested in quoting.. What is your industry ?? Current carrier ?

0 ...

Report Post

Posted by donRANDOMnumbers

Hub City

Member since Nov 2006

16900 posts

Posted on 9/2/12 at 12:46 am to kaaj24

Umm. Normally your agent should do the negotiating with the companies for you.

If you have to negotiate with your agent then you need a better agent you can trust to do their job.

0 ...

Report Post

Posted by nelatf

NELA

Member since Jan 2011

2296 posts

Posted on 9/2/12 at 3:24 pm to kaaj24

Call a friend from college that is in insurance sales and see what else is out there....is your provider a broker or a one company provider?

0 ...

Report Post

Posted by rpg005

Member since Apr 2010

700 posts

Posted on 9/3/12 at 3:16 pm to kaaj24

What kind of business?

1 ...

Report Post

Posted by kaaj24

Dallas

Member since Jan 2010

601 posts

Posted on 9/3/12 at 3:37 pm to rpg005

We've got several properties around the country. We're in the storage business. MMC is our broker.

1 ...

Report Post

Posted by rpg005

Member since Apr 2010

700 posts

Posted on 9/3/12 at 3:55 pm to kaaj24

Best bet would be to bring in a lower quote from another carrier. Or just let them know you are shopping and they will give you their best. If I had to guess your insurance is in surplus lines and it is ruthless in that market now. Companies are doing whatever they can to write and/or maintain.

Page 1