RU Kidding me Fund! First of it’s kind that you know of??? Private Client Group launched this same thing in mid – 2008, only broader than what Fund just released. Same states (coincidentally, Fund launches in same states – yeah right). This is a total copy cat move, again, by F. Fund to catch up, 9 months behind schedule and behind Private Client Group again. Can’t they come up with something original? PS: Private Client Group’s auto product is not only broader than Fund’s copy cat version (and Chubb’s – who doesn’t even offer these coverages), but it is not a pricey optional end’t program like Fund’s Prestige Auto product. Private Client Group’s is embedded in their base auto product for all their auto customers – no end’t needed. Shame on Fund for publicly indicating it is the first of it’s kind that they know of in the industry. My comments are easily validated by asking any high net worth personal lines agent in the country that has Private Client Group and Fund and knows the carrier’s products, like I do. Fund – concentrate on getting your service platform fixed, it has been faulty and full of client paper errors for years now.
The PERFECT answer to a question no one is asking…
I thought the cost benefit analysis, apparently done postmortem, on the Green Bldg covgs would have pulled the plug here. And still, they go forward…
They CAN’T be making money on this…
I actually like this concept. I can see where they will have to really watch for fraud. I think every car insurance carrier should offer this as an endorsement on the policy for additional premium. I am sure they can come up with actuarially sound rates. Would be something to bring this to a focus group to see if the general public would be willing to pay for this.
All: I applaud Firemans’ Fund and other insurance companies who have developed insurance products aimed at policyholders who are committed to investing their $$ in alternative housing, business buildings and transportation. The US needs to encourage such “green” choices by consumers and businesses. I hope the insurers can price the products so that they are accessible to those who need/want them.
RU Kidding me Fund! First of it’s kind that you know of??? Private Client Group launched this same thing in mid – 2008, only broader than what Fund just released. Same states (coincidentally, Fund launches in same states – yeah right). This is a total copy cat move, again, by F. Fund to catch up, 9 months behind schedule and behind Private Client Group again. Can’t they come up with something original? PS: Private Client Group’s auto product is not only broader than Fund’s copy cat version (and Chubb’s – who doesn’t even offer these coverages), but it is not a pricey optional end’t program like Fund’s Prestige Auto product. Private Client Group’s is embedded in their base auto product for all their auto customers – no end’t needed. Shame on Fund for publicly indicating it is the first of it’s kind that they know of in the industry. My comments are easily validated by asking any high net worth personal lines agent in the country that has Private Client Group and Fund and knows the carrier’s products, like I do. Fund – concentrate on getting your service platform fixed, it has been faulty and full of client paper errors for years now.
The PERFECT answer to a question no one is asking…
I thought the cost benefit analysis, apparently done postmortem, on the Green Bldg covgs would have pulled the plug here. And still, they go forward…
They CAN’T be making money on this…
I like my clunker. I think I’ll keep it.
I actually like this concept. I can see where they will have to really watch for fraud. I think every car insurance carrier should offer this as an endorsement on the policy for additional premium. I am sure they can come up with actuarially sound rates. Would be something to bring this to a focus group to see if the general public would be willing to pay for this.
* Handicap vehicle retrofit if permanently disabled in an auto accident up to $10,000
All: I applaud Firemans’ Fund and other insurance companies who have developed insurance products aimed at policyholders who are committed to investing their $$ in alternative housing, business buildings and transportation. The US needs to encourage such “green” choices by consumers and businesses. I hope the insurers can price the products so that they are accessible to those who need/want them.