Ninety days before renewal
- Order currently valued loss runs and review open claims
- Update sales, payroll, subcontractor costs and state allocations
- Reconcile vehicles, drivers, locations, entities and named insureds
- Update building, machinery, inventory and business-income values
- Document new products, processes, customers, contracts and territories
- Gather risk-control improvements, inspections and photographs
Explain losses rather than hiding them
Provide the facts, cause, corrective action and current status. A clear loss narrative helps the underwriter distinguish a corrected event from an unmanaged recurring problem.
Decide what should be marketed
Moving every policy every year can create disruption. The independent agent should compare the incumbent renewal with credible alternatives when pricing, coverage, service or appetite justifies it.
Change your carrier. Keep your agent.
If another carrier is the better fit, Liberty Union can help manage the transition while remaining the agency that understands the account. Coverage, savings and availability depend on underwriting and market conditions.
Authoritative resources
Risk-control links are educational starting points. Follow current laws, insurer recommendations and qualified safety or engineering advice for your operation.
Educational information only. Policy wording, endorsements, limits, exclusions, underwriting and applicable law control. This is not a coverage determination, legal opinion or safety certification.