Join Date: Apr 2012
Location: Your House Soon...Soon
Thanked 2,249 Times in 1,094 Posts
Yes, 7 years isn't good for all those working under a sole prop.
If I recall, Gibson and Assoc are out of Missouri.
You get a notice of chargeback/claim for say 15K from the likes of Safeguard via email. Before you can even get hold of a real thinking person, you get a call from Gibson. They have already starting billing your insurance for their work and you don't even know what has happened yet. You blather a bit, they agree and seem slightly sympathetic and ask you to send them a written statement along with all related documentation. They will be in touch and hang up. You get the same apathetic "sucks to be you" from the claims dept of your national. You are basically out of the loop until they decide to settle/issue the payout. The whole time you are thinking that you pay the premiums, the insurance is in your name, yet how come it seems like everyone is working behind your back and leaving you in the dark. Don't forget, for those who are sole props, that claim on your insurance will affect other areas in your life too and may affect personal insurance like homeowner's and auto, etc. You can expect the same sympathetic "sucks to be you" from them as well.
Last edited by GTX63; 02-28-2015 at 08:24 AM.