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...erage in a Business Owner’s Policy (BOP), decrease policy limits, raise your d...

... and mail, or even e-mail a policy before the effective date, even on renewals where nothing changes. These policies are not merely a day late, a week late, or sometimes even just a month late. I have personally received my business owners policy (BOP) renewal nine months late. That's a longer delay than a space shuttle launch. Keep in mind the complexity of a space shuttle. My BOP had one custom item: my name. That's sloppy. Agencies spend small fortunes checking insurance policies delivered by carriers ... sloppy. Not offering material coverages is sloppy. I'm a huge proponent of coverage checklists, so I can't comprehend agencies not recommending that all Commercial clients at least purchase such basic coverages as Employment Practices Liability Insurance, Equipment Breakdown, Business Income, Workers Compensation, and Umbrellas. However, possibly a majority of producers don't offer these coverages regularly. This is sloppy. Many people rationalize sloppy behavior with plenty of reasons and excuses. However, the bottom line is that this is sloppy behavior. How else can you define not completing ... when this is your job? I suppose you might consider this lazy, rather than sloppy. Either way, what happens to lazy or sloppy companies? How else can you define "renewed as is for five year" without ever talking to the client? It's not because the insured doesn't want to talk - no one has asked the client to talk about their renewal. Let's suppose that no discussion is necessary. If that's the case, the agency doesn't need to pay any commission because the producer hasn't done any work! ...

...received my business owners policy (BOP) renewal nine months late. That’s a lo...s Income, Workers Compensation, and Umbrellas. However, possibly a majority of...