Independent agent Laurie Noel always offers personal umbrella coverage because “underlying policy limits are not always enough,” she says. “With the increasingly litigious society we’re all living in, personal umbrella has become more important than ever
Independent agent Troy Peterson offers classic car insurance to his personal lines clients. “Due to some technological advances, I’d say it’s actually easier to get a policy than in the past,” he says.
Independent agent Adam Stevenson says the biggest challenge in the personal auto market is “trying to get people to understand why they need to carry higher limits.” In a state where the minimum limit “can be quickly exhausted for bodily injury,” he says,
In a soft market where competition is fierce, adding value beyond price can be easier said than done. Here are three strategies for building stronger relationships with your surety prospects and clients.
What many contractors don’t understand is that a surety bond doesn’t protect the contractor. It protects the project owner from loss by the surety if the contractor fails to fulfill their obligations.
Independent agent Frances Blanks started her agency when the chief judge of the county probate court asked her for help. “I put everything together—the companies, space and everything necessary to run a business,” she says.
Sara Rutland and her husband have over 70 years of professional airman experience between them. The couple owns a flight school and even lives in a hangar house. Why not start an aviation insurance agency, too?
Independent agent Marnye Langer launched her equine-focused agency in 2010. “Right at the time we entered the market, some significant changes were happening in terms of underwriting practices and pricing,” she says.
Insuring the freight transported by America’s motor carriers can be an exceptional opportunity for independent agents—but it can also lead to errors & omissions claims.
The current trucking insurance marketplace escapes simple “soft” or “hard” market categorization—it’s much more complex.