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Updated over 4 years ago,
Umbrella Insurance across States, HOI Companies?
Hello.
I now own multiple properties in a variety of States and municipalities with some purchases earlier this year. It is clear to me that it's time to get some umbrella insurance. I currently utilize several insurance vendors due to some prearranged agreements with property managers and what not, and am generally satisfied with the pricing. In reaching out to my primary agent, however, they refuse to consider umbrella do to this circumstance and want all of the business. However, they can't really service my out of state homes as they only serve my home state.
So, without getting everything requoted with new vendors, and losing the prenegotiated bulk rates through the PM, does anyone have a recommendation on a insurance vendor that would consider extending umbrella insurance across multiple States, properties, and underlying agreements?
I know I should likely requote everything, but am interested in investigating this option before taking a step forward.
Thanks.