Inside Intel on Insurance Rates – I Spoke With Several Company Reps Last Week

According to National Underwriter, the rate index shows insurance rates are still sliding.

That’s awesome news – as we know a lot of our clients are hurting a bit with the economic situation.

Last week, I was out of the office and spoke with several company representatives at a convention.

Financial Pacific, Traveler’s and Golden Eagle all indicated that they are standing pat on their Commercial Liability Insurance Rates. Click the hyperlink for a quote

I spoke with Allied – they said there would be a modest adjustment mid year.

There are still a couple carriers who have not completed their Proposition 103 compliance and could see substantial Auto Rate increases. We are prepared and will be calling you if you’re affected.

I would expect to start seeing Home Insurance rates starting to inch up.  Based on my talks with company reps – this is one area everyone seems to think will start rising.