I need some help against Federated. Trying to steal one of my largest...

I need some help against Federated. Trying to steal one of my largest HVAC clients. Loss ratio is terrible 164%. How is this possible?

Carriers Mentioned

Federated Travelers Allstate

States

Florida Minnesota

Risk Types

HVAC

Agent Replies (9)

Agent Reply

I need some help against Federated. Trying to steal one of my largest HVAC clients. Loss ratio is terrible 164%. How is this possible?

Agent Reply

Tons of deductibles they don’t talk about. They were in on a sheet metal contractor I have. $25k WC deductible, $1,000 auto liability deductible, missed the blanket additional insured and waiver. When they made it comparable to our coverage they were less than $5k cheaper on $125k account and we kept it

Agent Reply

Most clients have no idea what they have, or don’t, they just see cheap premium

Agent Reply

Comment Timothy Yarbrough Travelers is like that in Florida for me.

Carriers mentioned: Travelers
States: Florida
Agent Reply

turned off commenting for this post. Candice McMarion For me it's not about seeing rate... I really want to see the home dec... especially the endorsements, and how the roof is insured. We rate day in and day out.....save all the time you can... if you send me a declaration with a 15 yr old shingle roof a

Agent Reply

Melissa Anderson You definitely don’t need another agents work to quote. I don’t ever ask for another company’s Dec pages. I’m going to quote your home and auto the correct way.

Agent Reply

Mn agents Company Allstate Insurance Monoline auto Family of 4 Three claims in the 3 years over 20k paid out

Carriers mentioned: Allstate
Agent Reply

Comment Bryan Dowd The number of people on the policy may be why it's taking it with 3 claims. If it were a single driver, probably not.

Agent Reply

Caleb Bradley Pagel Allstate will take Kia and Hyundai now. Just surprised they will take it with the claims history.

Carriers mentioned: Allstate

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