Over the past several years the insurance industry has faced headwinds never seen before. Climate change causing unprecedented property claims, skyrocketing liability claims, and inflation causing much higher replacement costs, are just some of the issues insurers face.
Recently a major YMCA insurer wrote that due in part to the issues above, they have cut staff and expect to raise rates, lower property and liability limits, and non-renew some Y’s in an effort to return to profitability. We understand the issues they face and the actions they are taking.
Please be aware that not every YMCA insurer has experienced these problems to the same degree and there are still top tier insurers willing to aggressively quote YMCA accounts. This office is one of the largest insurance brokers of youth organizations in the country. We have insured summer camps for over 100 years and have many YMCA clients as well.
Don’t wait to the last minute to hear bad news – protect your YMCA. We can help. Just call or email for a confidential and no cost review of your insurance and alternative quotes.
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