I would assume that if your, your family or a visitor hurt themselves entering the trailer or once inside the living quarters, you could claim med similar to Med Pay in RV's, right? I am not certain about that. Med pay covers BI caused by an auto accident. If the vehicle is parked, it would be your...

Quoting an account that has commercial auto. They are not a horse risk, but they have a horse trailer on the policy. The client questioned the quote because the prior agent had Med Pay coverage on the horse trailer. I explained the use of med pay, and how it would not apply to a trailer, unless some...

I would suggest that you stair step a reduction in percentage to the agent, like -10% each year, until you hit your target, such as 50%. At the same time, you should have a growth goal that the agent must hit to earn a percentage ownership of the book as incentive, such as 10% per year for 5 years....

Can a the first named insured remove another named insured with only the signature of the first named insured? This is a debate I have seen several times. You have an unincorporated partnership, just two partners who split expenses and profit. We have a number of small contractors like this. Let's s...

NYagent301 wrote:Sorry to say but $55K gross commission is way too low for 8 years on the job.

Yes, that is pretty weak. So far though, the benefits outweigh the drawbacks. He does not cost me much, and the customers he does have are very happy with him.

I have worked with FAIU (faiu.com) in the past, and been very pleased. There are a lot of operations like them out there. Just pick one and you can work with and move forward.

This sounds like a MLM. Did not read every post, but when people who are in the company responds to the question "Is this an MLM?" by saying something like this: Hi Folks, Just like any insurance company you have agents, district managers, regional managers and so on. Do you consider them ...

I am negotiating with a producer who has been with me for some time. This is a little different than anything else I have seen on these boards. Here is the setup: 1. He is a commission only PL agent. He started on salary plus commission for 4 years, now he is just commission. It has been 8 years tot...