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post #1 of 36 (permalink) Old 08-28-2012, 09:33 AM Thread Starter
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E&O Insurance

Our policy is about up for renewel and we are unhappy with our current agent. The guy is a family friend Vietnam Vet and all around great dude. The thing is he is semi retired, and his office takes FOREVER to do ANYTHING for us. The other issue is they don't take cards or anything so if you add additionally insured or do any policy change you have to take them a check. Not a huge deal but it gets old after once or twice.

They are good folks but it seems like modern business practices have kind of left them behind.

Our current coverage is about $6,000.00 per year and I am hearing of others paying far less.
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post #2 of 36 (permalink) Old 08-28-2012, 11:35 AM
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Quote:
Originally Posted by Doberman Properties View Post
Our policy is about up for renewel and we are unhappy with our current agent. The guy is a family friend Vietnam Vet and all around great dude. The thing is he is semi retired, and his office takes FOREVER to do ANYTHING for us. The other issue is they don't take cards or anything so if you add additionally insured or do any policy change you have to take them a check. Not a huge deal but it gets old after once or twice.

They are good folks but it seems like modern business practices have kind of left them behind.

Our current coverage is about $6,000.00 per year and I am hearing of others paying far less.
Man can I relate to this thread almost verbatim. Been with my agent for nearly 20 years now. He's older, semi-retired. Very slow on getting things done. Hell he didn't even have an email account until 5 months ago. Wanted to fax everything...hello this is the digital age.
If you find a good reputable provider...please share as I am looking to explore my options as well.
On a side note: $3,100 is my annual policy premium. I think you could do better pricing wise.
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post #3 of 36 (permalink) Old 08-28-2012, 03:18 PM Thread Starter
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Originally Posted by P3+ View Post
Man can I relate to this thread almost verbatim. Been with my agent for nearly 20 years now. He's older, semi-retired. Very slow on getting things done. Hell he didn't even have an email account until 5 months ago. Wanted to fax everything...hello this is the digital age.
If you find a good reputable provider...please share as I am looking to explore my options as well.
On a side note: $3,100 is my annual policy premium. I think you could do better pricing wise.
sounds exactly like my situation!

The guy is as stand up as you can ask for but he still hand delivers stuff and wants to do everything face to face in person. We just don't have the time. Often times I am not even in the same state. He can't believe we don't have a fax. I refuse to have a fax. We strive to be paperless.
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post #4 of 36 (permalink) Old 08-29-2012, 04:04 AM
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Know a lot of banks that still have them, but don't know any contractors.
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post #5 of 36 (permalink) Old 08-29-2012, 04:20 AM
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My fax is internet based.


If I want or need to print I print. Other wise its paperless.



I wouldn't be able to deal with my insurance agent being so 80s either.
My guy usually under promises and over delivers. He'll tell me that he'll have my changes all in the computer within 24 hrs. 3 hours later I get a fax with my new vehicle proof of insurance. Can't beat that.

Professionals are people who can do their job when they don't feel like it.
Amateurs are people that can't do their job even when they do feel like it.
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post #6 of 36 (permalink) Old 08-29-2012, 06:34 PM
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I use york-jersey they are very good


I pay for for liability around 25 and workers comp a little more thats also with e & o If you need I can send you the agents number
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post #7 of 36 (permalink) Old 08-29-2012, 06:58 PM
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I also use York Jersey and pay $85 monthly based on 10k , GL and E&O
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post #8 of 36 (permalink) Old 08-29-2012, 07:09 PM
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wow

so you are paying 1020 a year for GL AND E&O?

1-2 MILLION?

MMMMM I dont see it if thats the case can I have your agents number

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post #9 of 36 (permalink) Old 08-29-2012, 07:36 PM
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What is "around 25"? Per month, week, year?

What is based on 10k?

York Jersey starts out at around $2500 per year for the newbs. That is a requirement for working under one of the nationaly known crooks. Increase your revenues and your premiums will climb as well. York Jersey is a good company? Friend, you haven't had much insurance have you?
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post #10 of 36 (permalink) Old 08-29-2012, 08:58 PM
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No chance in hell I would ever consider these crooks. I want an insurer to look out for MY best interest and theirs, not one that's sleeping with the enemy.


More like 25/day if its YJ

Quote:
Originally Posted by GTX63 View Post
What is "around 25"? Per month, week, year?

What is based on 10k?

York Jersey starts out at around $2500 per year for the newbs. That is a requirement for working under one of the nationaly known crooks. Increase your revenues and your premiums will climb as well. York Jersey is a good company? Friend, you haven't had much insurance have you?
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