Deductibles increase.Your agents add Sola.Your book stays intact.
Sola is a standalone wind and hail policy your agents sell alongside the new deductible.
Every carrier is running the same play. Break through with Sola.
Reinsurance is up. Deductibles are going up with it. The filing is the easy part. What happens next is where carriers lose books.
You raise the wind/hail deductible.
The actuaries say 1% to 2%, and 5+ percent on the coast. You file. Approval comes through. The new deductibles hit the next renewal cycle.
The client opens the renewal.
Their premium is flat or up. The deductible they'd been planning around just doubled. On a $400k home, that's $4,000 more out of their pocket before the carrier pays a dollar.
The agent gets the call.
The agent is stuck defending a number they didn't quote. They shop around for their clients, but some of those policies don't come back. Retention drops two, three, or five points depending on the market.
Sola closes the gap.
Your agent writes a Sola policy alongside the renewal. Sola pays the difference between the old deductible and the new one. Your filing stands, the client's deductible gap is covered after a storm, and the renewal closes on your paper.
One product. Everyone in the chain gets a win.
Sola is built to sit next to an existing homeowners policy. The carrier, the agent, the client, and the program all come out ahead, including the underwriter who priced the deductible hike in the first place.
Whole again after a storm.
Sola pays a fixed amount in about a week. The deductible change doesn't touch their savings.
A renewal they can defend.
Agents walk into renewal conversations with the higher deductible and the product that fills the gap. Clients see the value Sola adds and appreciate the service behind it.
Retention without a refile.
Your filing stays. Your agents stop losing renewals over deductible shock. Sola takes on the wind and hail weight and customers appreciate the simplicity of the option.
Supporting your clients in innovative ways
A standalone wind & hail policy that fills all the gap a homeowners policy quietly leaves behind.
Wind & hail deductibles
Covers their percentage or high flat deductible, up to $25K.
Learn moreACV depreciation gap
Pays what the carrier subtracts on older roofs.
Learn moreNo CLUE reporting
Filing with Sola won't hurt your client's claims record or increase our premium.
Learn moreStandalone, not a buyback
Pairs with any homeowners carrier. Files independently.
Learn moreA partnership with strong financial backing
Sola Insurance is an approved Lloyd's of London coverholder, fully backed and reinsured through A-rated Lloyd's syndicates.
Serving 12 states in the midwest
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