I know the standard response here is “call Kurt Kelly” when it comes to insurance. I have used Kurt’s agency for the last 4 years on my park(s). I think they do a great job and I have very comprehensive insurance. That being said, I just got a new quote for insurance for both parks. Each has increased 36-37% this year. I am all for being covered but is everybody else seeing this amount of increase? One parks premium is at about 10% of our total revenue. The other is about 3%.
What really stinks is we have had 3 trailer fires in our parks the last three years. I have never made a claim, just paid everything out of pocket. A total of about $20k. I did this because I was advised my insurance would probably double if I made a claim. The numbers didn’t seem to make sense to make the claim.
More of a frustration email but is anybody else seeing this?