Agency Stepping up Education Efforts on 500% Surcharged Deductibles

Sponsored Content By | May 9, 2022

Rockford, IL., April 25, 2022 — Insurance King is a high-volume non-standard insurance agency and they are taking additional steps to educate their customers with one of their carriers of the potential for a 500% surcharge on vehicles with UMPD or Physical Damage coverages. “This could happen in the first 30 days of inception or within 30 days of a reinstatement or endorsement.” Says Dan Block president of Insurance King. “Insurance King has been told by this company that we are their largest agent so it is highly likely to happen to our customer base. In 22 years in business, I have never heard of any other company having language like this in their policy!”

“Insurance Carriers used to mail out physical policies, but over the years the carriers just post them as a PDF on their website in lieu of mailing them out. I could not find the policy on the carrier’s website so we uploaded it to our website for all to review.” Here is the link to the auto policy.

Insurance King founded in 2001 is headquartered in Rockford, IL offering affordable Auto, Motorcycle, Renters, and SR-22 currently in CO, IA, IL, IN, KS, MO, MS, OH, TN, TX, and WI. Insurance King is a sponsor of NASCAR driver Josh Bilicki.

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Dan Block


Topics Training Development

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