Page 1 of 1

CA Towing Co.

Posted: Wed Aug 27, 2008 1:42 pm
by GRCinCA
Is there a CA admitted carrier or wholesaler or MGA who can help me compete against Zurich on a towing operation. My initial inquiries have been met with laughs and eye-rolling. Evidently Zurich has the most comprehensive coverage and exteremly competetive pricing for twoing operations with garage keepers liability, on-hook coverage, premise GL, and a $2mil umbrella.

Does anyone have any feedback or suggestions for where I can take this? Piecing it out to admitted carriers is absolutely a last resort.

Thanks!

Re: CA Towing Co.

Posted: Sat Aug 30, 2008 3:36 pm
by yotes fan
alot depends on if the tow compnay does any REPO or not. MAJOR difference

Re: CA Towing Co.

Posted: Mon Sep 01, 2008 10:18 pm
by GRCinCA
This outfit does not do repo work.

Re: CA Towing Co.

Posted: Tue Sep 02, 2008 4:11 pm
by yotes fan
your a farmers agent, they do tow trucks excluding repo now, started about 4 weeks ago

Re: CA Towing Co.

Posted: Tue Sep 02, 2008 10:16 pm
by GRCinCA
Actually we will start writing tow trucks and a few other classes of comm auto starting November 1. The risk I am working on renews October 1st.

Re: CA Towing Co.

Posted: Wed Sep 03, 2008 11:06 am
by pita3333
Hrm...30 days to wait for your market to open....perhaps the track to take is to get the account quoted for 11/1 and then allow the incumbent to renew and take at the 11/1 date. Factors to consider include: Min Earned premiums and the like.