https://completemarkets.com/Pages/Discussion/dtopic/HC-xvlUhAECW7qJ9AK-kpg/Personal-Lines-in-NY-amp-NJ-Competing-Against-Direct-Writers/
Hi all! We are having a couple of issues with our personal lines markets in NY & NJ.
1. Monoline homes: Most carriers we write with will not write the Home without the Auto. This is a bigger problem in NJ than in NY, but still a hurdle
we need to overcome in both states when we have to compete against Geico's auto pricing. Who are you all placing your monoline homes with?
2. High Valued Homes: Most of our carriers will not write a home with a dwelling limit higher than $1.2M and most high value home carriers want homes
starting around $2M. Chubb can write the homes in between, however their pricing is much higher than the direct writers we come up against. Where are
you all placing these homes?
3. Marketing: What type of marketing do you all do? We have a great website and Facebook page, however we do not see a lot of new business come our way via these channels. Have you had success with local commercials, mailings, diner placemat advertising, etc.?
I look forward to reading all of your comments.
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