Search found 9 matches

by ForumReader
Tue Dec 17, 2013 11:48 am
Forum: Opinions
Topic: Broker fees
Replies: 10
Views: 12368

Re: Broker fees

States vary as to whether or not you can collect a fee and commission on the same transaction. You may be able charge a fee for services that are NOT related to insurance placement and servicing. I think all states require that you have a written fee agreement that spells out your services and the a...
by ForumReader
Thu Nov 07, 2013 12:12 pm
Forum: Opinions
Topic: Travelers reducing commissions
Replies: 69
Views: 157871

Re: Travelers reducing commissions

Has anyone given any consideration as to what is best for the policyholder, or do you make your decisions based upon what is best and easiest and most profitable for your agency>
by ForumReader
Tue Oct 23, 2012 10:56 am
Forum: Opinions
Topic: Do I need to schedule fine arts?
Replies: 15
Views: 17759

Re: Do I need to schedule fine arts?

To provide broader coverage and establish valuation. So many are unique, one of a kind pieces. If your Picasso was damaged by smoke, there's no going out and buying a new one just like the old one. Getting an appraisal prior to loss establishes value.
by ForumReader
Fri Oct 05, 2012 11:05 am
Forum: Opinions
Topic: Thoughts on some books?
Replies: 1
Views: 3533

Re: Thoughts on some books?

It has been several years ago since I purchased the Insurance Essentials material so I have not seen the current book. We used it primarily for individuals who were new to the insurance business. It is groundwork, it is not like a CPCU course. The one I had covered insurance terms and P&C basic ...
by ForumReader
Fri Oct 05, 2012 10:49 am
Forum: Opinions
Topic: CPCU - Worth it right now?
Replies: 17
Views: 132846

Re: CPCU - Worth it right now?

Popeye, read the previous posts in this thread for an answer to your question.
by ForumReader
Thu Dec 30, 2010 11:31 am
Forum: Opinions
Topic: Co-signer for Auto Loan
Replies: 5
Views: 8394

Re: Co-signer for Auto Loan

Co-signing a LOAN doesn't mean you are a part owner. You aren't an owner unless your name is on the title. A co-signer is not responsible for operation of the vehicle - they are only responsible for making payments if the primary borrower does not.
by ForumReader
Tue Sep 28, 2010 12:05 pm
Forum: Opinions
Topic: CIC Designation
Replies: 12
Views: 41960

Re: CIC Designation

The CIC courses are designed for those individuals with at least 2 years industry experience. Other than your pre-existing knowledge of the coverage forms, no preparation work is required. If you want to brush up, you can view the agenda for the Institute online, then review the major coverage forms...
by ForumReader
Wed Jul 21, 2010 10:39 am
Forum: Opinions
Topic: Remote access for outside vendors / Good or Bad
Replies: 14
Views: 5116

Re: Remote access for outside vendors / Good or Bad

I'm confused by your description of a "Trust Account Service." What specific tasks are you handling or relieving the agency staff from? What work is being performed?