This article originally appeared at InsNerds.com Today we continue our series introducing personal lines focused agents, underwriters and CSRs to commercial lines. When is it appropriate to offer Commercial Auto Insurance? What are some differences between commercial and personal auto policies? These are questions that many personal lines focused agents may be asking as they … Read more
Today we continue our introductory series on Commercial Lines Insurance for personal lines agents, CSRs and underwriters. Agents who are used to writing personal lines insurance will be familiar with Additional Living Expenses or Loss of Use coverage on their homeowner’s or renter’s insurance policies. The coverage is designed to provide the insured with a … Read more
The Difference Between Workers’ Compensation and Employer’s Liability Today we continue our introductory series on Commercial Lines Insurance for personal lines agents, CSRs and underwriters. Most insured’s purchase Workers’ Compensation (WC) policies because of the legal requirement of the state(s) have that they are operating in. But, what most insured’s don’t understand is the difference … Read more
Today we continue our introductory series to Commercial Lines meant for personal lines focused agents, CSRs and underwriters who are looking at transitioning into commercial lines. One of the often confusing aspects of commercial lines is the concept of co-insurance. But don’t despair, we’ll break it down to it’s basic components! Image via cellulartelephones.net Commercial … Read more
Last week, we introduced our series on commercial insurance for personal lines agents and underwriters. One concept that may be familiar to all property/casualty insurance agents is C.O.P.E. Today, we will discuss C.O.P.E. as it relates to commercial property and provide some examples of how an agent may use the concept in their discussion of … Read more