
Get the free New and Renewal Business and Contractor Licenses 9-13-2022
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Mayor: Seth Coleman Council President: Darla Ives Council Members: James Hollander Sara McCarthy Brad NeumillerREGULAR CITY COUNCIL MEETING September 13, 2022 7:00 PM Town Hall AGENDA CALL TO ORDER
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What is new and renewal business?
New business refers to newly acquired customers or policies, while renewal business pertains to existing customers renewing their policies with the company.
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Insurance agents, brokers, or representatives are typically responsible for filing new and renewal business.
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The purpose of new and renewal business is to maintain and expand the customer base of the insurance company, as well as ensure continued coverage for existing policyholders.
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Information such as customer details, insurance coverage requirements, policy terms, and premium amounts must be reported on new and renewal business forms.
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