Gentry Yep! Have access to an option or two.
Edited Holly Bayliss Wyatt My agency can help. Please don’t have an ancient roof or 500 claims! Other than that we should be good!
My mother-in-law is an Allstate customer, before her husband passed he handled all the insurance which at the time included all of his commercial polices, a boat and 4 more vehicles. He passed earlier this summer and as we liquidated assets to pay off his debt we also canceled the policies as appropriate. She got her renewal on her home over the weekend and it more than doubled. The service rep said its because she lost the multi policy discount. Is that discount that big? Should commercial policies even count toward discounts on the house? Before renewal she was paying 734 a year - competitive in the area. They did not update RCT or increase coverage A. Renewal is 1628 for the year. I cannot even. I hate how this plays out when a spouse passes and this adds more stress. This is what it is, but maybe we can try explaining these rate changes as the policies change would help a widow from having another blow they don't need and didn't expect.
You marked her as widowed... That's your issue.. Her credit isn't being helped by his anymore.. I've seen this happen with Allstate and American Family
I started in insurance at Allstate. Since becoming independent I haven’t written one policy with Allstate. Just reshop the policy… I guarantee you find something less expensive.
I haven't written a life policy in a year and wonder if some if the medical underwriting rules are still somewhat lenient or more strict or if they've changed at all ... anybody? We've lost 2 young fathers this week in my small community and I've had several people reach out so I want to help but feel very out of the loop.
UW hasn't changed for me at all with my carriers. I agree with Pamela Raghu , definitely look at your current companies and review their policies and make the best decision regarding your client.
UW is similar to what we used to see and many carriers are offering “no exam” for up to 1M face amount. (Usually requires bloodwork in later 18 Months). Health problems like copd and immune disorders are being more strictly reviewed/rated.
On today's episode of "things that don't happen when you're captive": Just had an underwriter call tech support to check on an open ticket and stay on the line to be sure the new business was secured. Forever thankful for CIA
Anyone here write for Chubb? Or have access to a carrier in VA for a multi-million dollar property?