I'm an independent agency owner in Southwest Florida, I have contracts with 6 different Auto Carriers. One of my preferred markets is Travelers, when I got them in May 2012 we were writing a good amount of new business with them up until they took rates 12/2012. My 2013 numbers are not what I would like them to be but I find Travelers to be over priced on anything other than ultra preferred. My sales manager has amped up the production result emails and all I can tell him is I am trying to place business with them. How are other Florida agents doing with Travelers?
Travelers Auto Insurance in Florida
- Thread starter Mkschuman
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I find there rates are a bit high than the rest of the preferred carrier.
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Travelers rates are way to high right now. We have had great luck with Safeco lately.
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- #5
Thank you guys! My sales manager is very supportive, he tells me I sell more than most agents right now. Sounds like Travelers is going to be changing the first of the year for the better, I'm looking forward to that. I sell a ton with Progressive, I can't understand Agents that don't like dealing with them, they have been great to us! Good luck to all!
Safeco is competitive and Nationwide/Allied is great for your preferred customers.
Yeah I get the e-mails too, lol. 0 this week 11 for the year.
We've had them for a few years now ever since we lost our MetLife contract. We tend to write a lot of non-preferred business and Travelers was getting on us to shed some of the lower liability stuff even though they revamped their credit model and shed a lot of policies that way.
We're trying to reach the contingency bonus by the end of the year. We aren't very high volume, but we keep decent loss ratios.
We've had them for a few years now ever since we lost our MetLife contract. We tend to write a lot of non-preferred business and Travelers was getting on us to shed some of the lower liability stuff even though they revamped their credit model and shed a lot of policies that way.
We're trying to reach the contingency bonus by the end of the year. We aren't very high volume, but we keep decent loss ratios.
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- #8
Ok, I don't feel so bad then. We average 3-4 a month and are at 35 for the year so far, all of them are 100/300 and above including 8 umbrellas. I try to get business to them but it's a challenge! They are changing their rating model at the beginning of the year and hopefully that will help in placing more business.
In central Florida we are writing a lot of travelers, safeco, auto-owners and nationwide. We only write preferred. With travelers specifically we see them with married, excellent credit, middle aged and older.
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