Old MacDonald Doesn’t Just Drive Tractors
Westfield has always been in the business of writing farmers, and our Ag business continues to grow - and grow profitably. However, our multi-policy discounts on the auto side haven’t necessarily encouraged rounded accounts.
We began to do something about this in 2019! We decided to deepen the multi-policy discount on APVs written with a bundled farm account. So, as you quote new business in Pillar auto, you should notice more favorable APV premiums on qualifying, cross-sold business.
The following are risk states where newly quoted business will already reflect deepened discounts:
- Kentucky
- Tennessee
- Indiana
- Illinois
- West Virginia
We will be doing the same for the following states over the next 6 months, concurrent with state rate revisions:
- Ohio
- Iowa
- Minnesota
- Michigan
- Pennsylvania
*Contact the Underwriting Business Center or your underwriter for additional detail.