Possibly because carriers have begun limiting the amount of personal lines policies agents can write per month in certain states. Travelers is currently limiting agents to 3 policies per month here in Colorado. I can tell you personal lines agents are pretty stressed out right now with everyone...
That is what many businesses and individuals have actually been doing as a way of retaining more risk but saving money (albeit not very much) money.
Keep in mind claim frequency matters more than claim severity. If they see a series of small claims, they're much more likely to non-renew you or...
I work in the property and casualty insurance space. Unfortunately with the way reinsurance rates were set over the last few years it has been catching up with consumers and carriers have been taking rate everyone, even those with a clean loss history. State Farm was recently downgraded in...