Search found 7 matches

by ediddy
Fri Jan 03, 2020 7:34 am
Forum: Opinions
Topic: towing and roadside assistant programs.
Replies: 3
Views: 85804

Re: towing and roadside assistant programs.

I don't know of a standard company that doesn't offer roadside coverage with their policies however the companies are outsourcing the roadside to companies like Nations Safe Driver. This is done behind the scene and you find it mentioned by the insurance company. Most roadside coverage with standard...
by ediddy
Mon Sep 23, 2019 10:32 am
Forum: Hard-to-Place Accounts
Topic: Motorcycle fire claim
Replies: 1
Views: 76015

Re: Motorcycle fire claim

The claims rep probably doesn't know so she gave you a short answer. GEICO likes to delay paying a claim because they make money everyday it is delayed. At least that's what Warren Buffett said. He said an insurance company is the best cash cow you can own. You collect all those premiums and make mo...
by ediddy
Fri Apr 05, 2019 10:29 am
Forum: Opinions
Topic: Your single biggest challenge right now?
Replies: 23
Views: 189760

Re: Your single biggest challenge right now?

Explaining rate increases of 38% or more. Rating has become so complex underwriters can't tell you why a rate increases. I recently had a homeowner policy that was almost $1,000 per year and on renewal it went to $2,000 and there hadn't been any claims. No one with the company could tell me why. Nee...
by ediddy
Fri Jul 27, 2018 1:48 pm
Forum: Opinions
Topic: College senior interested in insurance career
Replies: 5
Views: 24786

Re: College senior interested in insurance career

I got my insurance license when I was 21 years old. I am now 67 and still running my own agency. Like the Farmers commercial says, I have seen a few things in my life. My son now works with me. I don't like to be negative but I am concerned for my son. I don't see a bright future for the independent...
by ediddy
Tue Sep 12, 2017 7:03 am
Forum: Opinions
Topic: Take the Harford "Agent's Challenge"
Replies: 28
Views: 53100

Re: Take the Harford "Agent's Challenge"

Speaking of Wal Mart, I hope every standard carrier in the US partners with them. It won't take long to get their clock cleaned. The average wal mart customer isn't what Hartford, Safeco, Travelers or any other standard market is looking for. Even if there aren't any claims, and we know there will b...
by ediddy
Tue Sep 12, 2017 6:51 am
Forum: Opinions
Topic: Take the Harford "Agent's Challenge"
Replies: 28
Views: 53100

Re: Take the Harford "Agent's Challenge"

I am sick of the term "agency partners". Our Progressive rep has used this term for several years and I finally told him if I heard this term one more time, I will vomit. We are not their agency partner. They, especially Progressive, will cut your throat in a heartbeat and not think twice ...
by ediddy
Mon May 15, 2017 1:37 pm
Forum: Opinions
Topic: Need advise here regarding GEICO refusal to pay claim!
Replies: 21
Views: 64693

Re: Need advise here regarding GEICO refusal to pay claim!

I am convinced that delaying or denying a claim is standard procedure with GEICO. I read where Warren Buffet stated that owning an insurance company was the best cash cow you could own. You have all the premiums and can invest the money before you have to pay claims. I have two claims at present whe...