RateCraft is the leader in business insurance premium reductions. We're not insurance agents. We are industry-expert consultants who live, eat and breathe insurance every day.
The fact is, the insurance sales network is stacked against you as the buyer. We even the playing field and work the system on your behalf.
Discover secrets the insurance industry doesn't
want you to know
1. Your agent represents the insurance carrier
Your agent works for an agency. Agent and agency split a commission between ten and thirty percent every year, for the life of your policy. The more premium you pay, the more the agent and the agency make. The agent is paid by, and represents, the insurance seller — not you as the insurance buyer.
2. You cannot get the lowest price with one agent
Some carriers are direct writers, they write insurance for only one carrier. Independent agents write for multiple carriers, but they must meet minimum business thresholds, forcing them to choose a handful of carriers. No agent can quote your insurance across all carriers. The fact is, it takes nine agency relationships to access all carrier markets. But without carrier competition, you will never get the lowest price.
3. Everything is negotiable (you don't have to switch agents)
Two to four weeks before your current policy expires, you receive your renewal quote. Like most business owners and CFOs you assume the price is what it is. But if you're prepared with a competitive quote your carrier will often drop the premium to match it. Same agent, same agency, same coverage. Nothing changes but what you're paying.
4. Insurance does not need to be time consuming
You have a fiduciary responsibility to manage risk at the lowest premium. But who has time to pursue nine agency relationships with multiple quotes from each? The big secret — you don't have to. You can hire RateCraft to represent your interests. An industry expert that will market your policy to all carriers, will negotiate for you, is paid only if you save, and that will take no more than two hours of your time. In a 15 minute phone call, we can let you know where your premium sits relative to comparable organizations of your size and in your industry. Give us a call now at 888-632-9900 and start saving tens of thousands of dollars.
