Welcome! Here are the website rules, as well as some tips for using this forum.
Need to contact us? Visit https://heatinghelp.com/contact-us/.
Click here to Find a Contractor in your area.
COMMERCIAL STEAM BOILER GENERAL LIABILITY INSURANCE
MGREGORETTI
Member Posts: 9
Hello Heating HeIp,
I am semi retired and have a small commercial Boiler service business with sales of about 250,000 annually , Due to a paperwork malfunction my current carrier is dropping my policy ( Paperwork was not filed on time for audit) ( No claims )
My current agent is having a hard time locating another carrier - it seems that no one wants steam boilers
Any advice or direction to a carrier would be greatly appreciated
Thanks for your help
Mike G.
I am semi retired and have a small commercial Boiler service business with sales of about 250,000 annually , Due to a paperwork malfunction my current carrier is dropping my policy ( Paperwork was not filed on time for audit) ( No claims )
My current agent is having a hard time locating another carrier - it seems that no one wants steam boilers
Any advice or direction to a carrier would be greatly appreciated
Thanks for your help
Mike G.
0
Comments
-
I think the agent needs to work harder0
-
I went through this with a kinda similar situation. Seems like the ins co. was looking for a reason to drop you. It takes a little while to actually 'drop' you, with proper noticing. I complained my way up the chain to keep my insurance active (renew), which bought me some time to find a new company, and I got it at a better rate.
A local/state/national trade association should be able to help you with some recommendations.
I wouldn't totally blame the agent. I literally called 10 'recommended' companies. Only 5 called back. And out of that 5, only 2 quoted me, and I picked one of them. I'm not that small of a company, I had no loss history for over 20 years, no driving incidents, not even a ticket.
If there's a trade show in your area, there's usually a bunch of insurance people there too.There was an error rendering this rich post.
0 -
Good points Steve. Need to find an agent that specializes in insuring small contractors0
-
What state are you in? Insurance companies gradually abandon places where courts have gone rogue. Lawyers love situations where B&M insurance fights with service company's insurance with owner's insurance.....0
-
thank you for the reply
I am in NY , Long Island
not blaming the agent - apparently they are having trouble locating a carrier that will accept a company that works on steam boilers , I was with BERKSHIRE HATHAWAY and the agent is having trouble locating another carrier that will take a company that works on steam boilers. apparently steam boiler is a dirty word to most insurance companies.0 -
Try Federated Insurance.All Steamed Up, Inc.
Towson, MD, USA
Steam, Vapor & Hot-Water Heating Specialists
Oil & Gas Burner Service
Consulting0 -
Dear STEAMHEAD, Thank you for your reply
I just spoke to federated - they are not writing policies in my area - Nassau county NY
Does anyone have any other suggestions ??0 -
Nationwide seems to work for me.
1 -
CONTACTED NATIONWIDE
IT APPEARS THAT THEY ARE THE SOLUTION
THANK YOU FOR YOUR HELP
HAPPY NEW YEAR
3
Categories
- All Categories
- 86.9K THE MAIN WALL
- 3.2K A-C, Heat Pumps & Refrigeration
- 57 Biomass
- 425 Carbon Monoxide Awareness
- 109 Chimneys & Flues
- 2.1K Domestic Hot Water
- 5.7K Gas Heating
- 105 Geothermal
- 160 Indoor-Air Quality
- 3.6K Oil Heating
- 70 Pipe Deterioration
- 975 Plumbing
- 6.3K Radiant Heating
- 386 Solar
- 15.4K Strictly Steam
- 3.4K Thermostats and Controls
- 54 Water Quality
- 44 Industry Classes
- 47 Job Opportunities
- 17 Recall Announcements