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Property & Casualty  Quadplexes in TN - Market Needed 


Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
If anyone needs this for future reference, I was able to get an offer to quote from MiddleOak through their brokerage, Dauntless. Their website is dauntlessbrokerage.com.
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
I'm having trouble getting a rate for a good piece of business that one of my clients wants a quote for. They are currently with Erie, so I have to have a quote from a company that is admitted in TN. I'm waiting on quotes from Travelers and Philly through an MGA, but I've had trouble finding another standard market. It is 4 quadplex apartments that have a minimum age of 55. There is a small office complex. I have been rejected by AIA, American Modern, Appalachian Underwriters, Insurance Noodle, USLI, J and J, Graham Rogers, and Allstar. Anyone have any other ideas?
11 year(s) ago
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Susan Sparks , BB&T-LW Legge Agency Inc - Cookeville, TN 38503-1068
Reputation: 45 - Total posts: 8
Do you have a contract or access to Middleoak. They write this type apartment all the time. Just not sure about Camden, Tn.
I would contact them [email protected] is their field rep
Good luck
11 year(s) ago
1 Verified Reviews - 5 of 5.0

Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
I currently do not have Middleoak. Thank you for the info. I will email her and see if they use any MGA's.
11 year(s) ago
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Andrew D Bartelt, Bartelt Insurance Services Llc - Wausau, WI 54403
Reputation: 59 - Total posts: 8
What is the issue with Erie? Is it rate or are they looking to get off the risk? If it is on a flex and rate is the issue you could move it to a pack on CLION with no credits.
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
The issue is I do not have Erie :-) They are with Erie through another agent. They would like to move this piece of business to my agency because I have their health and life business.
11 year(s) ago
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Brandon Hoalt, Weber Insurance and Realty - Hardinville, IL 62454
Reputation: 45 - Total posts: 5
If you have access to Cincinnati insurance, they would write this type of risk assuming they are in good shape and previous losses look good. I do know that they write in some Tennessee counties, but not all, so that may be an issue.
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
My biggest problem is that my only direct contract is with Travelers, and they are not competitive. I will have to have access to something that sells through an MGA.
11 year(s) ago
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Susan Sparks , BB&T-LW Legge Agency Inc - Cookeville, TN 38503-1068
Reputation: 45 - Total posts: 8
Do you mind posting your email and I will send you other markets I show in my files
11 year(s) ago
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Shauna Crane, CompleteMarkets - Big Bear, CA 92315
Reputation: 2001 - Total posts: 66
Hey Shayne,

Thank you for using CompleteMarkets!

Our FindIt Market search is a valuable tool that enables you to search by market and state to find companies that can help you write this risk. 

I have completed a search for companies that provide Senior Living Facility Insurance in Tennessee, one company came up in the results, you can view the results here

If you are ready to submit a quote request, click here to submit a request to all of the companies in the search results. 


Thank you!

11 year(s) ago
1 Verified Reviews - 5 of 5.0

Chautauqua Wesley, Insurance Solutions - Roanoke, VA 24019
Reputation: 1083 - Total posts: 162
Liberty Mutual can write it in TN
11 year(s) ago
1 Verified Reviews - 5 of 5.0

Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
Thanks Susan. It is m.shayne.holland at gmail.
Thanks Shauna. I have emailed the market you found.
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
I can't find an MGA that uses Liberty that will write outside standard BOP classes.
11 year(s) ago
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Chautauqua Wesley, Insurance Solutions - Roanoke, VA 24019
Reputation: 1083 - Total posts: 162
Is it a Apartment Complex or a nursing facility. If its just Apartments you can try harford Mutual thats who we write our Apartments with
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
It is just your standard one level quadplex apartment, but the have an age minimum of 55 years old. No subsidies. Do you know if Harford uses any MGA's?
11 year(s) ago
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Chautauqua Wesley, Insurance Solutions - Roanoke, VA 24019
Reputation: 1083 - Total posts: 162
No appointment only. If i was licensed in TN I would write it for you and split the commission but I am not.
Call (800) 342-5572 ask for Rachel Patterson tell her I sent you she will get you appointed and you can write it
11 year(s) ago
1 Verified Reviews - 5 of 5.0

Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
Great. Thanks John.
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
John,

I called that number. It was to a Jackson Sumner and Assoc. Is that just a Surplus Lines place you use, or are they a broker for Harford?
11 year(s) ago
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Chautauqua Wesley, Insurance Solutions - Roanoke, VA 24019
Reputation: 1083 - Total posts: 162
Yes Broker.  Here are the requirements for Harford.  If it meets the requirements let me know
Apartments & Condominiums
Eligibility
.. Apartment Buildings
.. Condominiums - CPP only
.. Dwellings
.. State exceptions may apply
Underwriting Criteria
. Buildings greater than seven (7) stories must be 100% sprinklered
. Clothes dryers must be vented to the outside of the building
. Favorable loss experience
. Habitational Survey - Use Form QU013
. Hard-wired smoke detectors in common areas required
. Minimum Dwelling Value of $150,000
. Minimum occupancy rate of 80%
. No grills on balconies or within 10 feet of any structure or wall
. No student housing, assisted living facilities or group homes
. One to two family dwellings must be submitted with photos of the front and back
. Plot diagram or distance between buildings is required
. Protection Class 1-8
. Roof, Electric, Heating & Plumbing must be less than 15 years old (no aluminum wiring)
. Swimming pools are allowed but no diving boards or slides
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
Great. Thank you, John.
11 year(s) ago
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Shayne Holland, The Holland Agency - Camden, TN 38320
Reputation: 134 - Total posts: 24
Jackson Sumner was a no. They said Harford doesn't have a product for that in TN.
11 year(s) ago
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