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Negotiating Business Insurance
Posted on 9/1/12 at 11:58 am
Posted on 9/1/12 at 11:58 am
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?
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 ?
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.
If you have to negotiate with your agent then you need a better agent you can trust to do their job.
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?
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.
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.
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