Idea?
Posted: January 2nd, 2004, 9:30 pm
I guess I'm missing the point here.
GRT managed for whatever reason to back down the network's requirements concerning "additional insured" and that is what I gathered from his post.
In consequence, he is talking about the difference between paying o/a $800 per year and o/a $250 the latter being a hell of a lot more realistic and reasonable considering the extent of our potential liability.
RLI is one of the few insurance companies who recognize the difference between repair liability and replacement liability and as far as I'm concerned, we need to find more agents such as his who are willing to stand up and insist the difference exists.
To bend over and meekly comply because the difference is one job per month or might aggravate a network isn't the way to protect our business in the long run.
Sorry, Dave. I need to disagree with you on this point.
GRT managed for whatever reason to back down the network's requirements concerning "additional insured" and that is what I gathered from his post.
In consequence, he is talking about the difference between paying o/a $800 per year and o/a $250 the latter being a hell of a lot more realistic and reasonable considering the extent of our potential liability.
RLI is one of the few insurance companies who recognize the difference between repair liability and replacement liability and as far as I'm concerned, we need to find more agents such as his who are willing to stand up and insist the difference exists.
To bend over and meekly comply because the difference is one job per month or might aggravate a network isn't the way to protect our business in the long run.
Sorry, Dave. I need to disagree with you on this point.
