Insurance After a Renewal Price Increase

Review a renewal that came back higher

Send us the renewal, and your Spot team compares it with your expiring policy, asks what changed and works with brokers to see what else the market offers.

Get StartedHow It Works

The renewal compared line by line with your expiring policy
Other insurers quoted on the same terms
Keep your broker or switch, with no commissions on premiums

A finance manager and two colleagues compare folders beside a calculator at an oak desk.

How it works

Send us the renewal and the expiring policy

Upload both, with the renewal date. Your Spot team needs the old terms to see what changed besides the price.

General liability insurance

Maple Street Co. · Policy review

Policy wording: Coverage limits
Compare with: Contract requirements

Confirm with your broker

Limits, exclusions, and endorsements

See what changed

We compare limits, deductibles, exclusions and the payroll, sales or values the premium is based on, and ask the broker which change drove the increase.

Insurance documents

Requirements review

General liability insurance

Coverage limits · Policy terms

Maple Street Co.

Take it to other insurers

If it makes sense, we work with your broker or one we introduce to quote other insurers on comparable terms before the renewal is due.

# spot-support

AlexMaple Street Co.

Can we check this contract against our general liability insurance?

RileySpot

Let’s review the information and discuss the next steps with your broker.

Decide with everything in view

Choose between the renewal and any alternatives on coverage as well as price, and bind before the expiring policy ends.

AlexMaple Street Co.

Can we check this contract against our general liability insurance?

Let’s review the information and discuss the next steps with your broker.

General liability insurance policy

Coverage terms · Limits

When you need insurance

Your renewal came back noticeably higher than last year, and it’s due before you have time to shop it.

Coverage to consider

General liability
If your sales or payroll grew, the exposure the premium is based on grew with it. Check the figures the renewal uses.
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Commercial property
Updated building and contents values, a different deductible or a coinsurance condition can all change the price and what a claim pays.
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Workers’ compensation
Payroll and job classifications set the premium, so check that each kind of work is classified correctly at renewal.
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Cyber liability
A renewal can change sublimits or retentions while the headline limit stays the same, so compare what you’d pay first after an incident.
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Directors and officers
Review exclusions and other changes from the expiring policy, because the D&O label doesn’t show what’s still covered.
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Documents to have ready

01
The renewal offer
The renewal quote or proposal, with all its forms and endorsements.
02
The expiring policy
Declarations, forms and endorsements from the policy that’s ending.
03
Current exposure figures
Up-to-date sales, payroll, property values, vehicles or headcount, whichever the line is priced on.
04
Loss runs
Your claims history, so you know whether a claim is part of the increase. Spot can request them.

Common questions

Will Spot get my premium back down?

Spot doesn’t set prices and can’t promise a lower one. We show you why the renewal changed, and what other insurers offer on comparable terms, so you decide with the facts.

Is it too late to shop my renewal?

Send it as soon as you have it. Your Spot team tells you what can be done before the renewal date, and you keep your current coverage until a new policy binds.

Do I have to leave my broker to compare?

No. Your broker can stay and work with us on the comparison, or you can switch to one we introduce. Spot earns no commissions on premiums.

Should I raise my deductible to lower the price?

It can lower the premium, but you pay more of each claim yourself. Your Spot team shows you both sides so you can decide what you can carry.

Get insurance off your to-do list.

Send us the renewal, and your Spot team compares it with your expiring policy, asks what changed and works with brokers to see what else the market offers.

Get Started