I have found that not all "Assualt and Battery" definitions are the same. Read the policy to get a good definition.

I.S.O. published protection classes in the past. I am not sure if they have it on-line. Also, ISO-Tel is a web based program where you can obtain specific fire rates. They also provide the RCP which the last 2 digits is the protection class.

The purpose of the exclusion is to prevent the carrier from being the contractor's warantee/guarantee that they will complete the job correctly. I was taught the exclusion using a repair shop. They perform an oil change. The engine ceases and causes an accident. All the damages would be covered exce...

Licensing is a major concern for all brokers. I have seen where carriers will license you in multiple states. Unfortunately, I am not sure if there is a cost involved. Ask your carriers for assistance.

Akos, I would assume the carrier would ask for infomation on both real and personal property. It will depend on what coverages are on the policy. There are carriers that would include "machinery" that is permanently attached as real property. An insured will be asked to verify what was dam...

I have seen consultants charge hourly fees up to $500 per hour, charge a percentage of premium, charge by claim/employee, or charge a fee based on marketing the account and splitting the decrease in premium. This is based on size of the account and the complexity of the placement. There are agencies...

Meytai, This is a difficult question to answer because there is no set equation. My recommendation is to design the compensation based on what you want this employee to. The servicing you mentioned, the compenstion would be different if he serviced his clients only or agency clients as well. The mor...