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Reply to NYC Monoline Homeowners- Where Do You Put It?     
Old 06-23-2015, 06:10 PM   #1
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NYC Monoline Homeowners- Where Do You Put It? NYC Monoline Homeowners- Where Do You Put It?
Curious where NY agents are putting their monoline boro HO biz?

I have 3 preferred regional carriers, the majority of my biz is preferred package in Westchester and counties north. However, my mortgage guys send me referrals all over and I need some better options to continue to develop these relationships.

I have one carrier who will underwrite NYC biz, but the pricing is hit or miss. The other 2 clearly don't want it just based on premiums.

Thoughts? Suggestions?
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Old 06-24-2015, 12:04 PM   #2
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NYC Monoline Homeowners- Where Do You Put It? Re: NYC Monoline Homeowners- Where Do You Put It?
Originally Posted by Italianik View Post
Curious where NY agents are putting their monoline boro HO biz?

I have 3 preferred regional carriers, the majority of my biz is preferred package in Westchester and counties north. However, my mortgage guys send me referrals all over and I need some better options to continue to develop these relationships.

I have one carrier who will underwrite NYC biz, but the pricing is hit or miss. The other 2 clearly don't want it just based on premiums.

Thoughts? Suggestions?
Why not quote it with your good carriers and inform the customer that they will only write if they write your car insurance too? You aren't lying and you didn't make the rule.
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Old 06-27-2015, 12:17 AM   #3
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NYC Monoline Homeowners- Where Do You Put It? Re: NYC Monoline Homeowners- Where Do You Put It?
I've never had a problem with Monoline HO in NYC. My go to is NBIC but I've also placed some business with Mercury. Coastal is my last resort.

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  Reply With Quote to NYC Monoline Homeowners- Where Do You Put It?
Old 07-11-2015, 08:07 AM   #4
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NYC Monoline Homeowners- Where Do You Put It? Re: NYC Monoline Homeowners- Where Do You Put It? Italianik is the thread starter for: NYC Monoline Homeowners- Where Do You Put It?

All my carriers are really don't want it (as the rates and U/W indicate). And NYC auto is basically all N/S due to claims frequency and fraud so I don't really mess with it.

I heard Travelers is pretty compete effectively, I will look into NBIC- do you have them direct?
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