[HoosierDaddy]

I'm not a P+C expert but I have several friends in the business. I've been told that a company will take a hit on the claims /premium ratio on a certain product for a while before making premium adjustments. So if company A is cheaper than company B it may be that they have not adjusted rates in a while but soon they will. I used to review my insurance every year and change if it made economic sense. It is much harder to do now that we have several businesses and need specific risks covered.