One-Page Handout For Clients on Supplemental Spousal Liability Insurance Now Available

​We are pleased to offer you a one-page handout that will help you explain Supplemental Spousal Liability Insurance to your clients. A law that took effect on August 1 makes this coverage automatic on auto insurance policies unless the insured requests that it be removed. Previously, the coverage was available as an option but the insured had to ask to have it added.The file is a one-page document in Microsoft Word format and is suitable for copying and pasting onto your letterhead. It is structured as a series of questions and answers. We have posted it under the Coverage Questions heading on the Auto Insurance page​…

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What You Need To Know When a Carrier Withdraws From the Market

​On Monday, August 7, an insurance carrier that has written a significant amount of personal auto and homeowners coverage in New York informed its agents that it intends to withdraw its primary underwriting company from the preferred home and auto insurance market in all states. Since that announcement, we have received questions from members about the rules the carrier must follow in New York as it implements its exit.The bottom line is that any carrier providing personal property and casualty insurance must have a withdrawal plan approved by the New York State Department of Financial Services (DFS). They cannot implement that plan without approval. Here…

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Looking for Support on How to Communicate in this Market?

Check out the Hard Market Toolkit brought to you by Trusted ChoiceDuring these challenging times of rising premiums in a hard market, independent insurance agents are more important than ever.​ Trusted Choice has designed the Hard Market Toolkit with you in mind.Resources included:An overview of market conditionsExpert advice for surviving a hard market from savvy independent agentsTalking points for clientsClient email templatesFrequently asked questions from clientsA general communication timeline to keep your agency on trackRemarketing strategy including standards document (fill-in template)Renewal process outlines and strategyPersonal lines and commercial lines renewal formsCustomizable videos and graphics to help your agency stand outACCESS THE TOOLKIT HERE​Source

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