Safeco and Costco Partner to Offer Business Insurance in Test States
National News • May 7, 2008
Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008.
According to information on Costco's Web site, Costco business members may secure up ...
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Subject: RE: A tempest in a teapot
Posted On: May 7, 2008, 2:56 pm CDT
Posted By: Local Agent
Comment:
The problem is that SAFECO among others spend hundreds of thousands if not millions of dollars promoting these experiments which usually prove futile. Much more, as a SAFECO agent, I've been pushed to become a "Gold Level Service" agent - in other words, pay to support their servicenter, the very servicenter utilized to service the Costco business, in doing so, you subsidize the competition in their acquisition of YOUR customer!
I found this out when I was promised 5,000 "Bonus Points" from American Express if I placed my business insurance with SAFECO. I called my field rep to get my points because my business insurance was already with SAFECO.
SAFECO is the curbwalker of the insurance business - Costco, AMEX, Insurance Noodle.com, network aggregators and any other cheap Ho they can exploit.
Subject: RE: A tempest in a teapot
I found this out when I was promised 5,000 "Bonus Points" from American Express if I placed my business insurance with SAFECO. I called my field rep to get my points because my business insurance was already with SAFECO.
SAFECO is the curbwalker of the insurance business - Costco, AMEX, Insurance Noodle.com, network aggregators and any other cheap Ho they can exploit.