$175K Progressive Commercial Auto Premium

Apr 12, 2019

  1. dahonored1
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    dahonored1 Expert

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    A client sent me their progressive Dec page for a fleet of dump trucks, and I thought this should be easy. Apparently no one writes heavy trucks ! Haha the only carrier that writes it is Natgen and they came in at $700K! Anyone know where to go for this?
     
  2. BADTROUT
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    BADTROUT Guru

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    What state are you in? I would look at National Indemnity through a broker. Otherwise BOR that bad boy... likely NICO will be higher though.
     
    BADTROUT, Apr 12, 2019
    #2
  3. fed up
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    fed up Guru

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    How large is the fleet? what is the Line of Business?
     
    fed up, Apr 12, 2019
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  4. somarco
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    somarco GA Medicare Expert

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    P&C not my gig. But I used to work with some surplus lines underwriters that handled some oddball P&C risks.
     
    somarco, Apr 12, 2019
    #4
  5. Markthebroker
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    Markthebroker Guru

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    There are a few markets, but not many. We are now in a hard market for auto, and heading in that direction for property, at least here in Ca. Work comp is heading for a hard rebound as well, but still a ways off.
     
  6. MrGolf
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    MrGolf Super Genius

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    What state is it located in? I might know of some solutions.
     
    MrGolf, Apr 15, 2019
    #6
  7. dahonored1
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    dahonored1 Expert

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    Sorry, forgot to mention, this risk is in NY. I dont have a progressive account as I think they're not appointing anymore. I wanted to honestly win the business and not really steal it from someone.
     
  8. ABAInsurance
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    ABAInsurance Super Genius

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    Send the client my way, I’ll give you a referral fee.
     
  9. Indiana_Adam
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    Indiana_Adam Guru

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    State:
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    Prime Insurance Company, based in NV(I believe) writes just about anything, but they are going to charge through the nose for it because they are a last resort. As someone else mentioned, a broker is likely going to go to National Indemnity. Also, you need to know what all they are hauling. Here, my direct contracts will write dump trucks all day long that haul sand, rock, and gravel. Anything outside of that, especially coal, becomes a NO GO.
     
  10. 1manshow
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    1manshow Guru

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    National Indemnity can't touch Progressive. Erie is writing sand and gravel if loss runs are excellent and management is first rate. Just placed one earlier this month in the six figures. Of course getting an Erie contract may be a huge sticking point. If you want a split rather than walking away we might be able to help. I totally understand you wanting it on your own though. Best of luck to you.
     
    1manshow, Apr 24, 2019 at 8:44 AM
    #10
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