Updated over 2 years ago on . Most recent reply
Insurance Premium Negotiability
Hello All!
We are about to close on a multi-use portfolio and have received the insurance quotes.
The Premium price was discounted around 11% if paid in full. The monthly, quarterly, and bi-annual options came with no discount...obvious for monthly, but the question is, Is there any room to negotiate the quarterly or bi-annual with them?
Thank You
Most Popular Reply
Jason Bott
#2 Insurance Contributor
Pro Member
#2 Insurance Contributor
- Insurance Agent
- Nationwide
@Jennifer Baldassari with a commercial policy, any underwriting credits given during the underwriting process are applied to the premium listed on top of the quote. The billing discounts are not something that can be negotiated.