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... 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 tow truck operators Articles tagged with tow truck operators Back E&O Insights: Let Me Think About It … This content has not been rated yet. CompleteMarkets Editor , Curtis Pearsall 4/7 /2014 12:00:00 AM A client who utters these words might well be laying the groundwork for a nasty E&O claim. Consider this case: .. All Articles by CompleteMarkets Editor ... (0 ) If The Niche Fits: Designing The Niche Program Questionnaire This content has not been rated yet. Andrew Barile , CompleteMarkets Editor 4/30/2013 12:00:00 AM IF THE NICHE FITS: DESIGNING THE NICHE PROGRAM QUESTIONNAIRE by Andy Barile You've done your research and have assessed the potential of a niche insurance marketing program thoroughly.. All Articles by Andrew Barile Comments (0 ) x No Thanks Loading.. Loading.. x No Thanks Loading.. ...

... 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 ... 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 agent to duplicate his prior policy, and assumed that he had umbrella coverage. Unfortunately, there was no documentation of the alleged conversations between the agent and the client. The E&O carrier settled the claim for the limit of the agency's policy, $1 million. Could this happen in your agency? There's probably not much question whether clients need or want primary coverages. After all, the ...

...Midwest Insurance through the Middletown Agency, whose principal is Joe's life...rangements are made. Services include towing, door-to-door pickup and deliver...

... 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 occ...

...ds fit your niche program. How many tow truck operators do business in Arizona...

... 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? ... Editor , Curtis Pearsall This content has not been rated yet. E&O IN COMMERCIAL AUTO by Curtis Pearsall In virtually every Commercial Lines agency, there's a good chance that most of your accounts have a Commercial Auto exposure and that you write this coverage for them. The type of risk determines the Auto exposure and, for many of those customers, the exposure probably involves vans and/or trucks 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 ...

...own repairs, only to have to call a tow truck driver or plumber later. Most ...

...e? Are owned vehicles used for towing special equipment (air compressors,...coverage – and go a long way toward ensuring that you do the proper ...

...ets. If your business is in a small town, anything that is written or printed ...ople look for in the Yellow Pages is a tow truck, and the second is an insuran...