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Reply to Comparative Raters Any Good?     
Old 07-26-2016, 09:45 PM   #1
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Gaffney Insurance on Comparative Raters Any Good?
 
Join Date: Feb 2015
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State: Gaffney Insurance is an Insurance Agent from
Comparative Raters Any Good? Comparative Raters Any Good?
Has anyone had any luck with any comparative rates? Previously our agency used one but it did not seem worth the cost. We have around 10 companies but quickly growing and branching into new areas. We are a small office so we would want something relatively cheap but would still make sense to invest in the rater.

If anyone could let me know if their experience with different companies I would appreciate it.
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Old 07-27-2016, 01:14 AM   #2
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ABAInsurance on Comparative Raters Any Good?
 
Join Date: Oct 2013
Posts:121
State: ABAInsurance is an Insurance Agent from New Jersey
Comparative Raters Any Good? Re: Comparative Raters Any Good?
Our agency has recently started using EZ Lynx which is working well for us.
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  Reply With Quote to Comparative Raters Any Good?
Old 07-27-2016, 01:38 AM   #3
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Gaffney Insurance on Comparative Raters Any Good?
 
Join Date: Feb 2015
Posts:22
State: Gaffney Insurance is an Insurance Agent from
Comparative Raters Any Good? Gaffney Insurance is the thread starter for: Comparative Raters Any Good?

Do you know what the monthly cost is?
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Old 07-27-2016, 11:08 PM   #4
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biaomaha on Comparative Raters Any Good?
 
Join Date: Jan 2013
Posts:66
State: biaomaha is an Insurance Agent from Undisclosed Location
Comparative Raters Any Good?
I use EzLynx also and it works just fine, I like the management system the best. The problem lately is companies give a good rate and you go in to verify everything and re rate and large changes happen.

Nothing wrong with giving a good rate to get agents to bite but verify before you send any quotes out IMO.
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Old 08-16-2016, 02:09 PM   #5
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Join Date: Nov 2014
Posts:899
State: indienoise is an Insurance Agent from South Carolina
Comparative Raters Any Good? Re: Comparative Raters Any Good?
Make sure you ask agents in your state what they use. Just as you have carriers who only do business in your region or state, you'll find comparative rating software that does much the same. If you use much in the way of regional carriers, you might find the big names like EZLynx can't help you much. You will need to figure what features you can/can't live without, and make sure you can also get support for the carriers you use.
There was no perfect solution for me, so I'm actually using two raters. One for nonstandard auto, another for standard/preferred and package business.

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www.palmettochoice.com
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Old 08-16-2016, 02:21 PM   #6
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Join Date: May 2015
Posts:73
State: Lopezshow is an Insurance Agent from
Comparative Raters Any Good? Re: Comparative Raters Any Good?
Originally Posted by Gaffney Insurance View Post
Has anyone had any luck with any comparative rates? Previously our agency used one but it did not seem worth the cost. We have around 10 companies but quickly growing and branching into new areas. We are a small office so we would want something relatively cheap but would still make sense to invest in the rater.

If anyone could let me know if their experience with different companies I would appreciate it.
I just switched from FSC to ITC Turbo Rater and saved 100$ monthly plus there are extras I get from the ITC product I didn't get from FSC. I am from California so I don't know what state you are from.

Ask around what is everyone using or ask your carriers who they are compatible with then take it from there.
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