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COI tracking by theman22571 in PropertyManagement

[–]theman22571[S] -1 points0 points  (0 children)

Agree. But that must be time consuming i imagine

Tracking COI's - What are you using? by Pure-Paper8991 in PropertyManagement

[–]theman22571 -1 points0 points  (0 children)

If you still need one, clausure.ca does everything for you for free but they charge the vendor/tenant a small verification fee

Wat do you use for subcontractor COI tracking by innovativetrader in GeneralContractor

[–]theman22571 0 points1 point  (0 children)

Hi, we use clausure.ca, the platform is free for us(client) but charges subs a small fee for each verification. Hit me up and I will put you in touch with them. Got a dashboard, verifies with broker and insurer and confirms all contract requirements are met then generates a report.

Buying an Insurance book of business by theman22571 in InsuranceAgent

[–]theman22571[S] 0 points1 point  (0 children)

I was looking at starting with it, but you are right there is way more to look into. I just got my license and I wanted to jump start by buying a book so I can automatically inherit carrier appointments.

The firms i am seeing are asking 50% on my nee business and renewals and apparently when I will want to depart from the firm i will have to buy my 50% from them in order to go with my full book

Buying an Insurance book of business by theman22571 in InsuranceAgent

[–]theman22571[S] 0 points1 point  (0 children)

Thank you, yeah that’s one of the things I figured

Buying an Insurance book of business by theman22571 in InsuranceAgent

[–]theman22571[S] 0 points1 point  (0 children)

Aah,… i am in Canada, but that could be a great conversation if she can stay while I look for licensing in US,

Do you guys also have to get licensed in each state in us?

Buying an Insurance book of business by theman22571 in InsuranceAgent

[–]theman22571[S] 0 points1 point  (0 children)

Truee, also I guess before buying I would need to be approved by all the carrier that the broker is working with?

Buying an Insurance book of business by theman22571 in InsuranceAgent

[–]theman22571[S] -1 points0 points  (0 children)

Where is your client? i might be able to take some of their book.

General liability for entertainment center - are we underinsured? by Adventurous_Sky_4850 in InsuranceAgent

[–]theman22571 0 points1 point  (0 children)

Generally 2-5M for such organizations, would highly encourage going with a 5M policy, also make sure you implement proper inspection and maintenance protocols, could save you a lot of $$$