Published: 2 December 2013
At last we have insurance options in Wellington
Insurance companies have been reluctant to give 'new business terms' in Wellington, meaning they won't quote for customers who aren't already their customer. It's a way for the insurance companies to manage their risk during periods of uncertainty, like further earthquakes. Things are starting to improve.
A frustrating time for Wellington businesses as a result of the Canterbury earthquakes, and more recently the Wellington earthquakes, is coming to an end.
For the last 9 months, insurance companies have been reluctant to give 'new business terms', meaning they won't quote for customers who aren't already their customer. It's a way for the insurance companies to manage their risk during periods of uncertainty, like further earthquakes.
Many customers, including lots of my own clients, have had no option but to stay with their existing insurer - and pay the premium charged!
Rothbury has managed to secure what is termed "increased capacity" for the Wellington region. Essentially this means we are able to provide quotes for customers on risks that other brokers may not.
It is great being able to use our company's size and buying power to help our clients and obtain things others may not.
If you are having hassles getting a quote or cover in the Wellington region, at last there are options. I'm happy to talk through options for your business.