Rates cycle up and down in the insurance marketplace. Keeping up, isn’t easy and even if you do, things are always changing. I just added this post to submit rate headlines as I see them.
May 30, 2013
NORTH CAROLINA BUSINESSOWNERS PROGRAM REVISION
The Donegal Insurance Group is updating its BOP and BOP Select Businessowners Program. Due to adverse loss experience, the rates for Class Code 09321, Convenience Stores and Convenience Stores with Gasoline Sales, are increased by 15%.
This change is effective June 1, 2013 for new business policies and July 1, 2013 for renewal business policies.
The Company Manual Pages are provided in the Agency Library area of the Donegal Insurance Group Website (www.donegalgroup.com). The revised pages will be identified with a 6/13 edition date.