what are the greatest auto insurance problem you face or ever face and how did you solve it?
Question by kevin: what are the greatest auto insurance problem you face or ever face and how did you solve it?
Friends,what are the greatest auto insurance problems today?
Best answer:
Answer by mbrcatz
MY greatest problem isn’t going to be relevant to you, most likely.
I had to get physical damage coverage on a fleet of ambulances (valued between $ 500,000 and $ 750,000 each) but the insured balked at the price of $ 26,000 per vehicle, on the commercial auto policy. Success was, I was able to get a carrier to give coverage on the true collision and comprehensive form, endorsed to an inland marine policy, at a cost of a “mere” $ 17,000 per vehicle. Total premium savings – $ 9,000 per vehicle, or in excess of six figures, on the policy.
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Tags: auto insurance, commercial auto policy, comprehensive, premiums, True Collision