Need Market For New Towing and Repossession Risk

  • Posts: 1
    Posted on 02/05/2013
    1rxtech1
    I am looking for a market that will take a new venture for towing and repossession in the state of Texas.  The company has been operating as a strictly towing and roadside risk for the past 3 years.  They are now getting into the repossession aspect of towing and will be doing anywhere from 25-50% repos of private passenger vehicles for commercial lenders.  They have no losses since the business opened.  Contractual obligations require that they carry wrongful repossession coverage and drive away coverage.  We need an auto and gl package policy.  Insured is ready to bind asap to begin new contract.  Anyone with any specialty programs or markets that can produce a "fire drill" quote please contact me at info@capitalunderwriting.com.  Most of my current MGA's/Brokers don't have good markets for this type of risk.

    Thanks in advance for any help!

    -Pete
    info@capitalunderwriting.com
  • Posts: 116
    Posted on 02/07/2013
    krishoney

    This one's actually being highlighted in our email today. I'd contact them for sure!http://www.mynewmarkets.com/products/8oronb

    An email contact to go along with it - RJL@primeis.com

    Good luck!

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