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Needing a homeowner's market in Texas for PPC 10
Posted: Thu Mar 06, 2014 9:27 am
by Mojo84
We live and work in an area where many of the homes are $350,000-$3,500,000 replacement cost and many of them are in protection class 9 and 10. Our markets, Hartford, Safeco, AIG, Fireman's Fund, Chubb, MetLife, State Auto and Travelers do not write in these protection classes or are prohibitively restrictive with their underwriting guidelines.
Any recommendations on markets that will write in these protection classes would be greatly appreciated.
Re: Needing a homeowner's market in Texas for PPC 10
Posted: Thu Mar 06, 2014 11:48 am
by kylemead
Mojo84
Without a doubt this is a tough market in Texas right now. Exactly where are you located in Texas? It sounds like possibly the outskirts of Austin or San Antonio. This detail may determine if there is a solution.
Regards
Re: Needing a homeowner's market in Texas for PPC 10
Posted: Thu Mar 06, 2014 2:43 pm
by aasquith
Mojo84:
I have an online platform that will accept homes with values of $500,000 - $45+ million and I can include liability on the form also. If you have a live example, please send me the Acords, loss info and your premium target. I can turn these within a short time frame. A XV paper. Best of luck to you-
Aaron R. Asquith, ARM, AU
Senior Vice President
A Division of NAPCO
702.807.4215 – Cell
aasquith@inpac-ins.com
Re: Needing a homeowner's market in Texas for PPC 10
Posted: Fri Mar 07, 2014 7:19 am
by Mojo84
I am in Boerne and we write around the Texas Hill Country.
Thanks for the feedback.
Re: Needing a homeowner's market in Texas for PPC 10
Posted: Fri Mar 07, 2014 12:01 pm
by JohnnyLaw
Hi, am a I/A in Austin, have gone through this recently as well. I was successful in writing PPC 9 in Kileen, 1M value home
as primary and vacation homes with Chubb.
Re: Needing a homeowner's market in Texas for PPC 10
Posted: Mon Mar 10, 2014 8:26 pm
by texasproducer
Chubb is great for the higher value stuff assuming there's monitored fire and burglar.