Real Estate
Sponsored by

Liability Insurance Dead Ends

1,564 Views | 5 Replies | Last: 4 yr ago by inozips
Burtron06
How long do you want to ignore this user?
AG
Hey yall,

I didn't know where else to post this, Im in need of a $1 million general liability policy for my LLC but have run into 8 dead ends so far. Any recommendations are much appreciated! Ive been thru all the major insurance companies and several independents and have been rejected by all.

My LLC owns several rental properties and the LLC is managing a large ranch. The owners require a policy for management but the combination of ranch and rentals or the size of the ranch scares off all the under writers.

Does anyone have any suggestions of where to look for a policy? Any independents on here with some leads?

I have also thought about just sucking it up and creating a new LLC for the ranch management. But The ranch management is semi temporary for now.

Again, any help is much appreciated!

The Silverback
How long do you want to ignore this user?
AG
I own an Independent Agency in Austin and would be glad to take a look at this and at the very least offer my opinion on things. Shoot me an email and we can go from there.

Matt@Dimitexas.com
East Dallas Ag
How long do you want to ignore this user?
AG
That combination of activities under the same LLC is going to be a problem and will probably have to be split out if you've hit that many dead ends.
CS78
How long do you want to ignore this user?
Texas farm bureau for the ranch, separate company for the rentals?
Burtron06
How long do you want to ignore this user?
AG
I just wanted to give Matt a huge shoutout!

After touching base with him, he shopped around and within a day found a policy that matched exactly what I needed. A couple days later I had the policy in place. He did in a few days what almost a dozen other agents/agencies couldnt or wouldnt do, and I had been shopping a policy since May of 2021.

So again thanks Matt!!!!
inozips
How long do you want to ignore this user?
AG
Matt must understand how Surplus lines works. This is not a hard placement. Dealing an Independent Agent is always a plus.
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.