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Understanding the Surplus Insurance Market for Snow

Jared Perkoski, FBinsure
Finding the right fit for insurance in the snow industry has become a daunting task. Many standard insurance providers have gotten out of the snow insurance business, leaving contractors seeking quality coverage without breaking the bank. Many companies find themselves in the surplus market for insuring their snow services. Jared will share the key differences between 'standard' and 'surplus' markets, working through the pros and cons. From there, he'll focus on the specifics of surplus, discussing the deductibles for general liability, the relationship between deductible and the overall pricing of the insurance, and the potential advantages a higher deductible could have on your business. Finally, he will discuss potential fees in the surplus market tied to specific clauses in contracts.

This course is available exclusively to SIMA members as part of membership value.

Continuing Education:
This course is worth 2 Certified Snow Professional (CSP) continuing education credits.

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