Fredricksen Insurance Svc Inc

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How many retail agents does Fredricksen Insurance work with, and how can the agency help retailers produce profitable equine-related business? "We have several hundred retail agents across the United States, and we ask the agent to complete a short application," Fredricksen says. "We have a contractual relationship with our agents, but we don't have a minimum premium volume requirement. A great deal of the business we write is larger accounts that are key to an agency, where the agent may not have any specific knowledge with regard to animal mortality or farmowners coverages.

How does Fredricksen Insurance Services differentiate itself from competitors in the market for equine-related risks and farm and ranch coverages? "I would match our underwriting staff against that of any insurance company," Fredricksen says. "Most of our people own or have owned horses and have an extensive background in animal mortality. In the farm department, most of our employees have been with us for a long time and have insurance company experience as well.

We are dedicated to providing the best possible service to our policyholders. While we're not a fire department, our response team is comprised entirely of professional firefighters. All have received qualifications and training from state-certified fire academies.

What do market conditions look like for the kinds of risks Fredricksen Insurance Services writes? "In the state of California, the homeowners market is extremely tight," Fredricksen responds. "One of our carriers has decided it's not going to write any more business in California for the rest of the year. Any risk that is located in or near brush and has a high value is being reunderwritten." On the farm side, he continues, "the companies are really looking for quality risks, and we're getting a wide variety of submissions.

Homeowners - We provide comprehensive coverage with high deductible options to help control costs. Policy enhancements include Chartis Fraud SafeGuard and Chartis Household SafeGuard, as well as coverage for equipment breakdown, primary flood, the breakage of fragile articles and damage caused by domestic pets. If a total loss occurs, we can often pay to rebuild your home, even if rebuilding costs more than the policy limit. Trusted specialists are always available to provide complimentary home valuations, loss prevention strategies and security advice.

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