Carrier GL insurance jacked up to $4500, anyone else getting screwed?

Just got my renewal for general liability on Carrier systems and it's up to $4500 a year, that's BS for a small shop mostly doing residential installs. Last year it was under 3k and now they say claims history even though I haven't filed one in 5 years. FML, how you guys handling these hikes?

Shop around for quotes from at least 3 carriers, I switched to Hiscox last year and dropped 800 bucks easy.

Mine went up too after a leaky coil claim, customer blamed me for the whole flood lol.

4500? That's chump change, wait til you hit commercial and it's 10k+ for the same coverage.

What kinda deductible you running? Bumping it to 5k saved me 20% on premiums.

Dude, talk to a broker who specializes in trades, they find hidden discounts for HVAC specific risks like refrigerant handling.

Just bundle it with your auto policy, I saved 600 that way on my Ford transit.

Sucks man, same here with my Lennox installs, up 40% no reason.

Document everything, even small jobs, to keep claims history clean.

I run my own policy through an aggregator, cut out the middleman and saved 1200.

Proud to say I haven't had a rate hike in 3 years by going claim-free on all my ductwork jobs.

Yeah, zero claims club here too, sticking with Travelers for now.

Don't skimp on coverage though, had a buddy get sued over a bad install and his cheap policy left him hanging.

Feel ya, premiums are killing small ops like mine.

Insurance companies are just gouging us after all the storm claims last year.

This crap is why I'm looking at self-insuring for smaller risks.

Ugh, my rates doubled after one false alarm on a heat pump.

Man, solidarity, these hikes are brutal on margins.

SharkBite? Wait wrong sub, but yeah insurance sucks.

Rates up here too, blame it on the lawyers.

Frustrated as hell, had to raise my service calls 20% just to cover it.

Same boat, feels like we're paying for everyone else's screwups.

What does your policy cover for refrigerant leaks specifically?

Add an umbrella policy for like 1k extra, covers the gaps in GL.

Heard that in HVAC Techs Network, bunch of guys switching providers.

Sucks dude, been there with my annual renewal.

Pissed me off too, but I negotiated it down 300 by threatening to shop around.

These PE-backed insurers are the worst, jacking rates to feed their investors.

Yeah, collective BS, we need to band together on this.

Don't let them bully you, always ask for a hardship waiver.

Is your policy including cyber coverage now? That's what's driving some hikes.

Damn rates, up 30% for me on commercial HVAC.

Feel that pain, brother, insurance is a racket.

Same here, can't catch a break.

Totally get it, hikes everywhere.

LOL my agent said 'inflation' like that's an excuse.