Hunter Nelson says good insurance agents start shopping for renewals 120 to 75 days before your policy expires. If yours waits until weeks before and hits you with a price hike, they're using a tactic to trap you into renewing. Find someone more proactive.
The other thing too is getting information to the insurer, or your insurance agent, on time and ahead of time. And then good insurance agents really be shopping out maybe between 120 to 75 days out, depends on the size of your fleet. But if the agent's not doing that, for one, you need to go find a new agent. If they are calling you that month or a couple weeks beforehand, hey, yeah, you're gonna be taking an X amount of dollar increase, or your loss was gonna take 2 weeks to get to you, They're, they're at that point, they're just trying to be strategic in the sense of, if I give this guy the news late enough and give the information late enough, he's not gonna have a choice but to renew. So you don't ever want to play that game either.
