Main Street Insurance's Personal Lines Exit: What Central New York Policyholders Need to Know

Insurance carrier changes can create uncertainty about your future coverage. If you have a Main Street Insurance personal lines policy, you may wonder what their market exit means for your insurance and what steps to take next. You want answers about maintaining coverage without disruption.

In this article, we'll explain Main Street's transition away from personal lines insurance, what it means for your policy, and what steps you can take.

At the Horan insurance agency, we work with multiple carriers, which allows us to offer information about coverage options for Central New York policyholders during carrier transitions like this one.

How Main Street's Strategic Change Affects Your Insurance Policy

Main Street Insurance has decided to focus exclusively on commercial insurance, discontinuing all personal lines policies across every state they serve. This change impacts all Main Street branded policies and their affiliated companies:

• Main Street America
• Old Dominion
• National Grange Mutual (NGM)

Your current policy remains active until its next renewal date, but won't renew after that point. Depending on your policy term (6-month or 12-month) and renewal date, you may receive one more renewal in the coming months. Most policies will conclude by early 2026, with the final policies ending around April 2026.

Understanding Your Coverage Transition Options Through Safeco

Main Street has recently announced an arrangement with Safeco Insurance to potentially transition existing policies. While this creates a possible path forward, several factors require consideration:

• Safeco is offering to accept existing Main Street policies
• The transition process and requirements are still developing
• This arrangement is new, with initial indications suggesting limited availability for New York policies and potential premium changes

What to Expect with Premium Changes During Your Transition

Main Street's exit from personal lines insurance may signal broader market challenges that could affect your future premiums. Consider these factors:

• Market conditions that led to Main Street's exit may influence rates with other carriers
• Premium impacts may vary by location within Central New York
• Different carriers may evaluate risks and set rates differently for unique situations, from historic homes in Syracuse's Sedgwick neighborhood to waterfront properties in Skaneateles
• Comparing multiple carriers can help identify competitive options

Steps to Take When Your Insurance Carrier Exits the Market

Insurance transitions require careful planning. Consider these steps to maintain continuous coverage:

1. Contact your insurance agent to discuss available carriers
2. Review your current coverage and identify any changes in your insurance requirements
3. Compare quotes from multiple insurers, including but not limited to the Safeco option
4. Start this process early to avoid any gaps in coverage

Take Action Now to Maintain Continuous Coverage During the Transition

Unexpected carrier changes can create stress about maintaining appropriate insurance coverage. You want clarity about your options and confidence that you can find suitable coverage before your current policy ends.

At the Horan insurance agency, we work with multiple carriers and can discuss your options. We can help you consider available coverage choices for your situation.

Click the Get a Quote button below to learn about insurance options from an agency serving Central New York.