Search
 

Drive Your Insureds To Golf Course Coverage

Insurers can look at the tough economy as an opportunity to lower their property-casualty insurance premiums for their golf insureds, or they may increase their coverage to stay active in the industry.

By Nicole Zwartz | Updated on March 31, 2010

Insurers can look at the tough economy as an opportunity to lower their property-casualty insurance premiums for their golf insureds, or they may increase their coverage to stay active in the industry. On the other hand, companies that were attracted to high premiums and invested in the stock market are now parting from the market and discontinuing services, leaving golf facilities hunting to get new carriers or to re-evaluate existing policies.

Because agencies must keep acquiring new business to keep their businesses afloat, the challenge is not only to retain existing golf course business, but to review a customer’s losses and liabilities to suggest additional coverage–to both further protect the clients and tie them in more closely with the agency.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.