london and general insurance

london and general insurance
Have you ever had a commercial insurance broker, show up on the last day of your insurance policy renewal with quotes? In the construction business, this happens all the time. It creates stress, cash flow uncertainty, hasty decisions, coverage problems, and overpaying. It happens with renewals for General Liability, Workers Compensation, Commercial Auto, Property, and Excess Liability. It is poor service, and it costs you money.

You see, if you have the time, you are strongly decreased. Most brokers want the last to their renewal offers. It increases the chance of selling them to renew. You may ask, what else is checked. If it turns out, you have a better offer from another person, they receive a chance to get him something wrong, or you can call the underwriter for a deeper discount. They want to call their underwriter and say, "You can write this renewal if you will meet these conditions." "Many deals happen this way every day of the week. While this practice attracts many of the entrepreneurs, it is good business for the insurance broker, the renewal of the sale begins.

Most entrepreneurs want to skip out of time of each extension, but can not seem to stop. In Insurance Cost Reduction Services, we always find the target of takeovers in the early takes a lot of perseverance. Let me start with you some of the strategies we've found to be helpful.

Start early and take the initiative. Set your data offer renewal 90 days prior to your renewal. Get updated political history reports (running loss). Ask broker, the insurance they want to cite. A market allocation is valuable to a broker, so that it is only in exchange for a solemn promise to keep your appointment. Put the date in writing.

Quality brokers want their quotes are not available to other brokers for them to beat. Enter the beginning of a quotation she uses deadly competition. Insure that your broker will be very fair. Then keep promise, and no offers to other brokers in advance of your renewal.

Very solid. Repeatedly advised agents that the deadline is the deadline, not the expiration date. The more often you and status, the more they will believe you. Late tenders will not be a problem for you if you really reject, late offers, even if they are cheaper.

For more information and free support reducing insurance costs
Click here: Contractor renewal of insurance

Don Bury, President
Insurance Cost Reduction Services
Phone / Fax: 800-760-1867
E-mail: donbury@icrs.biz

Insurance is easy only if you organized. Get help from the author of the Buyers Guide to Business Insurance (1993), and founder of Insurance Cost Reduction Services. Over $ 20 million in measurable savings delivered by helping buyers organized and negotiate with their brokers.