Within which state is your client's property located? We have found that Zurich, Travelers, Liberty Mutual and Philadelphia, to name a few, do a good job for lessor's risk only GL and property exposures. It will depend on whether or not the risk is located in a restricted region (within 1 mile of th...

Just saying "no" seems a bit too cut and dry. You will always have those clients who need reminding from time to time (the independent elderly or clients whose skills do not include administration - small contractors come to mind). But, you may be creating a problem if you call one set of ...

Jowens, First, welcome back! Hopefully, this isn't a moth to the flame experience we are witnessing. Just kidding. One of my first calls would be to the marketing rep for your lead personal lines carrier. They are more than just a little bit interested in having you round-out or balance your book wi...

If available, HO 04 41 - Additional Insured (Residence Premises) should statisfy the lease requirement. The definition "insured" is extended to include the landlord/management company in the policy schedule, but only with respect to Coverage A – Dwelling, Coverage B – Other Structures, Cov...

RS, You are correct. A part of the process of choosing a "Bull's-Eye" market is to do a bit of market research within that preferred niche. As a new agent you may be disappointed with your level of sales if you are competing against another agent who has been serving that segiment for a nu...

Clay, It depends. Let's pretend, for sake of discussion, that for the past 10 years, following graduation from Texas Tech as an industrial engineer, you have been working in a design shop fashioning ergonomic, stick-shift grips for a major auto manufacturer. You have just been informed that your sho...

Actually, we use a market that does provide an HO-3 for homes in the course of construction, which will be completed and occupied within 60 days. They attach a Builders Risk rider to the issue. Once the home is complete the rider is endorsed off of the policy and the homeowners form continues. This ...

Paul, Here is a short list of carriers/wholesale brokers offering markets for Broadcast Liability and coverage for the retail store side of the operation in CA: Aon Association Services 800-432-7465 Burns & Wilcox Ltd. Phone: 248-932-9000 - 800-521-1918 CNA - Excess and Surplus Phone: 312-822-50...

Wow, volumes after volume have been written on the subject of successful sales careers, but, to keep it simple for a teaser, consider the following: A study of agency producers was conducted several years ago to determine the principal reasons for poor sales performance. The #1 factor that distingui...

Queen,

A bit of clarification would help. Is there a vehicle involved or is the estate simply looking for Hired and Nonowned Liability coverage?

Have a separate subject of insurance added to the policy for the Personal Property of Others with a limit of coverage adequate to satisfy the coinsurance clause (or have the underwriter waive the coinsurance), or, Have an inland marine bailees coverage form issued. Jewelers Block provides "all ...

Perhaps the following will be of some assistance: http://library.soa.org/library/proceedi ... n268of.pdf

GRCinCA, Forced-placed Foreclosure Property Insurance This form of property insurance is sold to financial institutions to cover properties on which they are lenders in the event that there is no proof of insurance or that a notice of cancellation or nonrenewal is received by the lending institution...

No Homeowners policies available, which will pick up the builders risk exposure? Depending on how close the project is to completion, I would believe that there is an HO-3 that would satisfy the need.

Harryle,

Please enroll in a CPCU class as soon as possible.

Good luck!

Hal