So odd that when I see Amerisafe from their in house agency or elsewhere they seem competitive on certain classes, mostly Mechanized Logging is what I run across. When I get a quote from them thorough an MGA it is typically not near as good of rate. And on accounts of all sizes and mod types, from great ones to some pretty high ones. Doesn't make sense really. Anyone else ever noticed this?
Amerisafe
- Thread starter MrGolf
- Start date
- 694
Maybe they prefer a particular access point? So they are willing to get more agressive to drive that business?
- 5,285
Yeah, I've seen stuff like that. Not Amerisafe particularly, but in general. 3 reasons off the top of my head.
1- Agents use incorrect info like bogus gross income or bogus sqft to get a low quote.
2- The policy was written years ago when the business was smaller, and since grown. There has been no audit, so the premium has not grown appropriately
3- There are certain programs a carrier will offer through and mga or wholesaler, that they will not offer direct. These programs through the mga, even though it's from the same carrier, will have different appetites and pricing.
1- Agents use incorrect info like bogus gross income or bogus sqft to get a low quote.
2- The policy was written years ago when the business was smaller, and since grown. There has been no audit, so the premium has not grown appropriately
3- There are certain programs a carrier will offer through and mga or wholesaler, that they will not offer direct. These programs through the mga, even though it's from the same carrier, will have different appetites and pricing.
