Attn Insureds: It's not a buyers market anymore.

[Al3x Lee]

You can continue to make ridiculous demands and cry, but you're not solving anything, and yes, not filling out your audit or paying the inevitable estimated premium adjustment will get you canceled.

No, the carrier doesn't have to reinstate you, but if you're nice they might.

That is all.

 

[marindependent]

Yes - but you can just get me a new insurer! After all - aren't you a broker?

 

[Al3x Lee]

Yes - but you can just get me a new insurer! After all - aren't you a broker?

No problem, are you okay with a 200% premium increase?

Reminds me of the insureds who go

"I HATE (X) Insurance company"

"Oh really? Did they not cover your house when it burnt down?"

"No they did, they were just a little rude this one time, so find a replacement for me"

"Okay, this company is 3% more premium"

"We'll stay where we're at"

"I thought you hated them"

*Crickets*

 

[Markthebroker]

No problem, are you okay with a 200% premium increase?

Reminds me of the insureds who go

"I HATE (X) Insurance company"

"Oh really? Did they not cover your house when it burnt down?"

"No they did, they were just a little rude this one time, so find a replacement for me"

"Okay, this company is 3% more premium"

"We'll stay where we're at"

"I thought you hated them"

*Crickets*

Lolz, if I had a nickel for every time I've had a conversation like that, my cape would be made of gold.

 

[adjusterjack]

6000 claims and I never had an insured refuse the check.

 

[MIGA1626]

OMG this.....! I am so sick of people acting like they know everything about insurance and don't understand why the carrier isn't paying THEM to cover there risk. I've about had it!!!!! They complain about carrier A for no reason but when you present carrier B with 6$/month more they act like your crazy for offering it to them after they just bitched about carrier A like it was the end of the world.

 

[Al3x Lee]

When the insured asks why you weren't able to quote their business in the hard market

 

[ModernInsurance]

Haha love the TPB meme above