Re: Gota love your insurance guy.... unless

[Frank Olson <Use_the_email_links@xxxxxxxxxxxxxxxxxxxxxx>]

J Barnes wrote:
> My insurance guy called today it went something like this.
>
> GUY: Hi we need you to pay for an Additional Insured request or we will
> terminate your coverage.
>
> ME:   What Additional Insured Request
>
> GUY: The one for "XYZ customer" you ordered back in August
>
> ME: I didnt order anything for "XYZ customer" in August or ever, by the way
> who is this "XYZ customer"
>
> GUY: I have the notes right here "ABC contractor" orderd the additional
> insured for "XYZ customer" to be added to your companies policy
>
> ME:  So you just added it,  without calling me or getting authurization?
>
> GUY: Well it was required by "ABC contractor"
>
> ME: Then why didnt "ABC contractor" let me know I needed to order this? And
> why didnt you bill me back in August?
>
> GUY: Not Sure Ill Call you back
>
> Guy Calls Back:
>
> GUY:  I called "ABC contractor" he said you have a construction contract you
> signed that requires the additional insurance.
>
> ME: Fine.... but why do you add this to my policy without my approval or
> knowledge?
>
> GUY: You needed it and so you should just pay for it if you dont want your
> insurance coverage to cancel.
>
> ME:  Why dont you pay for it you added it without my approval.
>
> GUY:  I am not going to pay for this.....you need to its onlly 125$ and if
> you dont your insurance will cancel today.
>
> ME:  Ok,  I guess I have no choice come by and pick up a check.  And in the
> future dont add anything to my insurance without my knowledge or signature.
>
> Guy: click
>
> This is a scaled down version of my phone call but you all should get the
> idea.  I am not sure what this guy was thinking but I dont think he should
> be able to get away with this.  Is this even legal?  I guess ill be shopping
> for a new insurance Guy.
>
> James
>
>

Call your insurer and ask them about their policy about adding a named
insured.  If there are no additional charges involved, then what your
"agent" did was tantamount to fraud.  If this is the case, then call
your "agent" back and advise them that you want your money back or you
will be calling in the Sheriff and the State Insurance Regulators.  The
general contractor (who was aware of the clause) should have requested
the insurance rider from *you*, and not your "agent".  Your "agent" has
absolutely no right to add or delete coverages from your policy without
giving you notice.  Read the fine print in your insurance contract
regarding "notification".

Frank Olson
http://www.yoursecuritysource.com