Quote Submission Process - Prime Insurance Company
16070
page-template-default,page,page-id-16070,ctct-bridge,mega-menu-top-navigation,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-10.1.2,wpb-js-composer js-comp-ver-5.5.2,vc_responsive
 

Quotes

Quote Submission Process

The following details are required for a complete submission:

  • When is the quote needed by? Effective/Target date?
  • Why are you shopping this risk?
  • Does the client have coverage now?  If so, with who and what are the terms?
  • Was the risk declined, non-renewed, or canceled? If so, why?
  • Receiving a renewal quote? If so, what are terms? (provide copy)
  • Does applicant have any other quotes? If so, what are the terms (provide copy)? If not, why are other markets declining?
  • Completed application (we accept other carrier applications)
  • Currently valued (within past 45 days) 5-year loss history (if applicable) with claim details: circumstance, the extent of injury/damage, etc.
  • What coverages are you looking for?
  • Are there any contractual requirements? If so, provide the copy
  • Target Premium?

To finalize pricing we require a phone call with the owner/applicant.

All new submissions can be sent to the underwriting department:

A Producer agreement is not necessary to receive a quote. However, an agreement must be completed in order to bind coverage. Click here to learn more about becoming a producer for Prime.

No risks are bound until expressly accepted by Prime, upon receipt of all requested information and the return of the applicable premium. In most cases premium financing options are included with the quote.

There are no minimum premium requirements.

Prime writes business in the U.S., Canada, Guam and the U.S. Virgin Islands, with the exception of California.

We’re proud of the reputation Prime has earned over the years and the exclusive, unique solutions it offers. Let Prime place your tough risks. Contact us today.