Where are the carrier’s most competitive?

Each carrier uses a combination of rating factors to determine the premiums that any individual will pay for their insurance.

 

Openly’s Target Market

Criteria

Sweet Spot

Accepted Range

Home Value

$400k - $1.5M

$200k - $3M 

Insurance Score

Top 30%

Top 70%

Prior Losses

0

Up to 2

Coverages

Umbrella, Flood, Auto in Agency

Monoline Home is OK

More information can be found on Openly’s Website in the Agent’s Portal under the Help Center. 

 

 

Clearcover’s Target Market:

The best pricing will be available to policies with: 

  • Bodily Injury Limits above Financial Responsibility Limits
  • Proof of Prior Insurance
  • Length of time Insured
  • Drivers younger than 60
  • Education and Occupation are important

Clearcover shares state specific underwriting guidelines in the Agent’s Portal under the Agents Resource Center.

 

Cover Target Market

Targeted for the middle-market, with the most competitive price on more mature drivers with prior insurance.  Cover will accept drivers in a household with a foreign license, but the principal named insured must have 3+ years of driving experience and must be over 21 years old.  



Coterie’s Target Market

Most Popular

Business Type

GL

BOP

Prof. Liability

Retail

x

x

x

Finance & Insurance Agents, Portfolio Management & Investment Advice

x

x

x

Business and Building Support Services

x

x

 

Professional, Scientific and Technical Services (including Architect and Engineers)

x

x

x

Publishing and Printers

x

x

x

 

Highly Popular

Business Type

GL

BOP

Prof. Liability

Construction/Trade Contractors (including Electrical, Masonry, Plumbing, HVAC)

x

x

x

Restaurants & Caterers

x

x

 

Outpatient Healthcare

x

x

 

Mental Health Services

x

x

 

Commercial Real Estate Owners & Lessors

x

x

 

Wholesale & Distributors

x

x

 



Popular

Business Type

GL

BOP

Prof. Liability

Personal Services

(drycleaning, nails, hair, barber)

x

x

x

Funeral Homes and Mortuaries

x

x

x

Apartment Owners and Condominium Associations

x

x

 

Fitness and Health

x

x

x

Landscape & Janitorial

x

x

x