Many clients in the Waste industry are unaware of a criterion that most insurance companies are using to underwrite their risk: SAFER scores. In a tightening re-insurance market, underwriters have now begun to review SAFER scores as an initial review of an account and any client with a Conditional rating or less will be automatically declined. 

Risk Strategies Waste Practice has experience in assisting new and existing clients in obtaining their SAFER scores, reviewing the required corrective measures and implementing those measures in order to appeal the SAFER score. In one incident, a prospect was hit with rate increases in excess of 50% per truck due to a lack of insurance carrier options because of their Conditional Rating. Risk Strategies worked with the insured to review the SAFER scores, create new protocols needed to satisfy the Federal Motor Carrier Safety Administration (FMCSA) and document those changes to the FMSCA. Risk Strategies worked with the insured for months in order to appeal the SAFER score and successfully changed the SAFER score for the insured. The change in the SAFER score allowed Risk Strategies to obtain quotes from a competitive insurance carrier, saving the client over $200K in premium on one policy.