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Within most agencies and insurance companies, claims servicing ranks near the bottom of the organizat...ferred to these preferred body shops. In addition, some insurance carriers maintain informal, preferential relationships with certain body shops. Although these shops may indeed be better than others, as shown in Joe's story, it's not the same as using a shop within a managed care network. Regardless ...

... Cancel Loading.. About Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back E&O Insights: Let Me Think About It … 4/7 /2014 12:00:00 AM by CompleteMarkets Editor , Curtis Pearsall This content has not been rated yet. A client who utters these words might well be laying the groundwork for a nasty E&O claim. Consider this case: The insured had a niche market for tow truck operators. The claim involved a client from another state whose tow truck rear-ended a car, causing an occupant of the vehicle to become a wheelchair-bound paraplegic. The underlying case was worth $5 million to $10 million. The client, a new customer, had provided a copy of his previous policy to the agent and asked for coverage. The agent stated that he saw the previous policy had $1 million primary and $4 million umbrella. According to the agent, he told the client he was only going to obtain a primary policy for $1 million and that the client was going to think about whether he wanted the umbrella coverage. Again, according to the agent, the client never got back to him on the umbrella. The client testified that he told the ...

E&O Insights: Let Me Think About It …
A client who utters these words might well be laying the groundwork for a nasty E&O claim. Consider this case: The insured had a niche market for tow truck operators. The claim involved a client from another state whose tow truck rear-ended a car, causing an occupant of the vehicle to become a... and will serve as solid protection against an E&O claim.

... Expiration Date____ Coverage Information: Liability Limits (please circle one) $25,000/50,000/25,000 $50,000/100,000/50,000 $100,000/300,000/100,000 $250,000/500,000/250,000 $100,000 CSL $300,000 CSL $500,000 CSL Medical Payments (please circle one) $1 ,000 $2 ,000 $5 ,000 $10,000 Comprehensive Deductible Amount (please circle one) $00 $50 $100 $200 $250 $500 $1 ,000 Collision Deductible Amount (please circle one) $50 $100 $200 $250 $500 $1 ,000 Uninsured Motorist Coverage Y N Towing and Labor Y N Rental Reimbursement Y N Discounts: Is everyone in household a Non-Smoker? Y N If there are students in the house: Good student Discount Y N Drivers Ed Credit Y N &# 160 Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when you use our directory of carriers, wholesalers and service providers. Negotiate lucrative contracts with carriers and wholesalers. Net result. More revenue for your agency! Clients & Prospects will research you, your co-workers and your agency here. The most comprehensive online insurance industry reference library for - Personal Lines Professionals Commercial Lines Professionals Life/ ...

... of various sizes. Although "errors or omissions" from this line of business amount to only around 6% of E&O claims, when they occur, they tend to be much larger than with other coverages. What could go wrong? Because writing Commercial Auto is not overly complex, you might question what could go wrong. However, as with any line of business, knowledge of the product – as well of your customer's exposures – is essential. A great starting point is using an Exposure Analysis Checklist, which will help enhance your knowledge of the exposures of your specific type of risk and provide the important questions you need to ask, such as: Are any officers, partners or employees furnished an automobile for personal use? Are owned vehicles used for towing special equipment (air compressors, concrete mixers, etc.)? Are operations periodic or seasonal, resulting in the lay-up of any vehicles for 30 consecutive days or more? Are any automobiles equipped with cellular telephones, two-way radios, citizens band radios, or similar devices? How many automobiles are parked in one location overnight? Does the applicant lease/rent vehicles to others with operators? What is the maximum/average radius of operation? Is there a hired/non-owned exposure? The symbol on the policy indicates what vehicles the coverage includes. The applicable symbols (expressed in numbers), range from "1 " to "9 ," with symbol "1 " being the broadest. This provides coverage for any auto. Thus, if your customer were to lease a vehicle ...

...re from Jack Fries to garner needed information from Auto prospects: AUTO INSURANCE QUESTIONNAIRE ... COMP/COLL. RENT/TOW PREMIUM Auto 1 ______________...

...ve. Time to work with a consultant. In this issue of the Pipeline, Al Diamond discusses how to find them and what you can expect from th... mesh well, the best course is to terminate the relationship.

If The Niche Fits: Designing The Niche Program Questionnaire
You... this basis, retail producers will continue to profit from newly created specialty niche insurance programs.

... airbag? Well, it depends on your point of view. If you're a typical consumer,...returned to the shelf, ready to use again. A third airbag scam involves using inappropriate replacement parts. Airbag...

Safety And Survival In An Earthquake, Part 1
SAFETY AND SURVIVAL IN AN EARTHQUAKE, PART 1 THIRD EDITION-AMERICAN RED CROSS FOREWORD Planning for 'The Big One' is an idea that has finally arrived. All over the United States, the earth shakes many times during the year. There is some apprehension, ...egetable soups Dehydrated soups, in metals container Canned fruits, fruits juices...