Hello. My name is Rusty Korhonen, and I’m with Heidi Kussurelis Insurance, and I’m a producer for commercial lines.
One of the questions we get asked occasionally is, “Why do I need to provide loss runs? I have no losses.” Well, in the commercial side, carriers want to know what losses you had, and they’re comfortable with getting a loss run specifically from your previous carrier. If you’ve had three different carriers, you need to get three different loss runs.
Sometimes carriers will actually accept a letter of no losses, which is a letter that you write and sign. It’s like an affidavit that’s holding you to that, but most carriers want to see the loss runs from the previous carriers that you had.
Again, my name is Rusty Korhonen with Heidi Kussurelis Insurance. Say that three times fast.
Call Heidi KussurelisInsurance in Ann Arbor MI at (734) 213-6736