How Much Are You Losing by Not Calling a Surplus Lines Broker?

It’s 3:30 PM. It’s been a long day of insuring people, but in about an hour and a half, you get to go home and relax. All of a sudden, the phone rings. One of your clients is on the other end of the line in complete panic mode. They own and operate a restaurant, and their insurance policy was set to renew at midnight. However, their regular carrier pulled the renewal quote at the last moment, leaving them with less than a few hours to find new coverage.

Sounds like a nightmare, doesn’t it?

This actually happened to one of our customers. But don’t worry—this story has a happy ending.

We got a frantic call from this restaurant’s insurance agent, who was desperately seeking a solution to their client’s problem. Within thirty minutes, we had a brand new quote for them to give to the restaurant owners, and they were able to get home on time that day. 

It’s our goal at Craig and Leicht to eliminate as much stress as possible. Whether it’s a general liability package or a unique surplus line, getting a quote for your clients shouldn’t take forever. We work rapidly to give you the best policy for your client’s needs.

Standard policies can only cover so much. Or sometimes they cover way more than your client really needs. That’s where surplus lines brokers (like us) come in. We help you identify gaps in your client’s current policy, and then we create coverage options to fill in those gaps. 

Not calling a surplus lines broker could either waste your client’s money on things they don’t need or leave them vulnerable to liability. And neither of those is a good thing. Surplus lines have gained a lot of popularity, and it’s projected that the surplus lines market will reach $125.9 billion by 2027

And don’t think that there’s no way something can be covered. Surplus lines are meant to cover unique or non-traditional situations for events, commercial property, and more. There’s nothing too strange to insure.

We should know—we specialize in covering weird. 

But the main complaint against getting a quote for a surplus line is that it takes forever. And that is unfortunately extremely common in the industry. Getting a surplus line quote for your client can take up to two weeks when going through some companies. 

And we agree, it’s ridiculous that it should take that long to produce a quote. That’s why we give you a quote in a matter of hours instead of days. All you have to do is tell us the kind of coverage your client currently has, what they need, and a few of their basic business details. Later that day, we’ll have a quote ready for you to discuss with your client.

We had another insurance agent looking for immediate coverage for an office building their client was looking to close on that day. We got that call at 10:00 AM, and by the end of the day, the client had a completely insured new office building. Their insurance agent was the hero who got them the coverage they needed in a short amount of time.

If you’re struggling to figure out how to give your client the perfect quote, we want to help you. Requesting a quote from us is absolutely free and non-binding. But we promise to surprise you with the efficiency and quality of the coverage we can offer you. And if you and your client decide to work with us, you can get your new policy quoted and bound all in a day’s work.

We have twenty years and thousands of policies under our belt, and we want to help you give your clients the coverage they deserve. If you’re wondering what you’re missing out on by not calling a surplus lines broker, give us a call at (713) 955 – 2130, and we’ll discuss your client(s).

No matter how strange your request is, we’ll help you figure out a way to get complete coverage at the most affordable price. Request your free quote here.



XPT: Craig & Leicht is now part of XPT Specialty, your eXpert Partner Team

Tap into niche market insights and expertise with more markets and products.