Client: A Los Angeles small business on a surplus-lines GL program · Coverage: General Liability $1M/$2M · Status: Renewed
The problem
The client's annual general liability renewal was coming due, and the owner wanted to keep strong coverage without paying more.
How Pierce helped
- Obtained the renewal terms from the wholesale market ahead of the effective date
- Kept the same limits: $1M occurrence, $2M aggregate, $2M products/completed operations, $300K damage to rented premises
- Offered pay-in-full and premium-finance options; the client chose financing
The result
The renewal premium was $7,444.08, down from $8,633.84 the prior year, a savings of $1,189.76. The renewal was bound effective 09/11/2026.
Why it worked
Watching the renewal closely and presenting it early let the client lock in a lower rate with no lapse.
Related coverage
Facing something similar? Call 888-391-5981 or request a quote. A licensed agent will review your situation.
Client names and identifying details are withheld for privacy. This story is based on an actual account handled by our agency, as documented in our files. Coverage, pricing and results for your business depend on your own details.