Effective April 25, as part of a broader effort to improve data accuracy and support rate stability in California, we’ll begin expanding post-bind reviews of new and renewing small commercial policies to those where the agent has overridden the prefilled Year built value in eCLIQ. We use a third-party vendor to prefill year-built values for commercial properties, and in most cases these values are accurate, so we want to make sure all overridden values are valid.

After attempting to validate a year-built override, if we cannot find publicly available information that confirms the value an agent has provided, we will revert the policy to the year-built value provided by our vendor, which may affect its rating and premium. Note that we will email you from Underwriting_Support@LibertyMutual.com if we plan to make a change to a policy after our review.

With your help, we can stabilize rates to provide a better experience for your clients and grow your agency’s book. If you have questions about this new post-bind verification process, contact your underwriter or territory manager.

States affected: AR, CT, DC, IA, ID, KS, LA, MT, NE, NM, NV, OK, OR, SC, VA, VT, WI and WV

The delivery industry is changing, with smaller market segments like box truck operators and gig drivers moving into the space alongside large trucking operations.

We recently launched a new motor cargo product that allows you to take advantage of this growth opportunity and serve the needs of this increasingly diverse market with industry-leading endorsements and competitive, customizable coverage that can be quoted in as little as 10 minutes! Enjoy automated underwriting and rating for eligible policies with fewer than five vehicles and upload functionalities that allow you to easily upload vehicle and driver information in bulk.

Plus, you’ll earn two Instant Incentives™ spins for every policy you issue – up to $100 per policy in addition to your standard commission.

Visit the motor cargo product page  to learn more.

Liberty Mutual is introducing a refreshed umbrella product in Connecticut that will improve your experience, and your clients’ experience, too! Changes include:

• Updates to the base contract and optional endorsements
• New, easier to read policy forms
• Consolidation of the policy packet to reduce page count and improve policy construction

This product will be available for new business and renewal business effective August 1, 2022.

There will be no changes to the eCLIQ^® quoting process and no rating impacts as a result of this refreshed product.

Learn more about coverages and options on your updated umbrella product page.

The refreshed Liberty Mutual Umbrella is now available in AL, AR, AZ, CA, CO, CT, DE, GA, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WI, WV and WY.

The Florida Insurance Guaranty Association (FIGA) handles the claims of insolvent property and casualty insurance companies in the state. To secure funds to settle these claims, FIGA requires solvent insurers, including Liberty Mutual, to apply a surcharge on certain policies covering exposures in Florida.

What does this mean for your clients?

• If they are paying in installments, we will apply the FIGA assessment to the balance and the policyholder will be billed over remaining installments.
• If your customer paid the premium in full, we will apply a charge to the account and a bill will be provided for the amount of the FIGA assessment.

Doing business with us is even easier with eCLIQ Simple. Check out these recent changes:

• Auto in eCLIQ Simple is now available in Colorado, New Mexico, and Wisconsin!
• Auto eligibility statements, previously displayed on the Auto details screen, have been moved to their own screen – Business Operations, and have been reformatted to be more intuitive.
• The global Vehicle coverage section of the Quote Summary screen has been redesigned to improve your experience when viewing and amending vehicle coverage, especially on larger vehicle schedules!

Learn more about these changes!