Non Standard Farm/Ranch account

Leave your comments here on hard to place accounts.

Moderators: Josh, independent guy

Forum rules
Tip: If you are posting a market request, include the state abbreviation in your post title to get better responses.
Post Reply
volstrike3
Insurance Journal Addict
Posts: 212
Joined: Mon May 15, 2006 1:44 pm
Location: Northern CA

Non Standard Farm/Ranch account

Post by volstrike3 »

The loss ratio is ugly with frequency and severity issues over the past three years. They are being non renewed and none of my standard carriers will take it. Are there any options other than Scottsdale or Burlington?
Chad Filley
Insurance Journal Addict
Posts: 56
Joined: Fri Jul 22, 2005 5:33 am
Location: Ocala, Florida
Contact:

Re: Non Standard Farm/Ranch account

Post by Chad Filley »

What are the codes and the premium?

I just quoted a restoration company with similar issues and a 2.37 x-mod with a PEO.
What should have been a 163K premium we were able to quote at 114K. Client has to be willing to take a deducible as well.

Not 100% sure if I can do the same with the farm/ranch codes but I am will in to give it a try if the client is open to the option.

Please give me a call if a PEO is a potential solution for them.
Staff Brokers Inc.
Chad Filley
Sales Consultant
chad@staffbroker.net
44 SE 1st Ave
Suite 315
Ocala, FL 34471
tel: 352-369-0668 ext. 205
fax: 352-369-3163
mobile: 352-266-8441
http://www.staffbroker.net
Post Reply