What is the time frame to receive a quotation, as my renewal is coming up?
In today’s environment, the amount of work necessary for completion by the insured and the broker requires that we work on a renewal not less than 90 days before anniversary. We need to analyze the exposures, history and market presentation and negotiation. Today, most property exposures require inspections performed by the insurance carriers’ engineers that takes time and to respond to any recommendations, if any. With engineering reports and inspection recommendations, we will be capable of maximizing credits and producing the broadest product with the lowest premium.
