Insurance companies

[Bite Me]

I have noticed a very strong upsurge in insurance companies demanding
letters regarding client alarm systems. Enough so that its actually taking
a significant portion of my time to deal with. Looks like just the next
wave of insurance companies trying to push liability off on others and / or
drive up rates for clients. This just seems like the latest round of buck
pushing by big insurance. We can just hope they will collapse.

I first noticed it getting bad a few years ago, right after Hurricane
Katrina, and again after the court rulings about having to pay claims they
thought they would get out of. Back then it was at the proffessional level.
All the generals were demanding all kinds of things they never asked about
before. Not just proof of insurance, or even additional insureds. One sent
me a seven page document of demands they said their insurance company was
insisting on from all their subcontractors. The killer for me was the
clause stating that they right to tell me to fire an employee. It was not
worded to say they could tell me not to allow a particular employee on their
job sites. The way it was worded I had to terminate them on their say so.

Driving up the cost of doing business is not they way to rebuild the
economy.

 

[Petem]

"tourman" <[email protected]> a écrit dans le message de groupe de
discussion :
568da8bf-fefc-45e2-b69c-336a333ce1e5@o30g2000yqb.googlegroups.com...

It also makes me wonder what right these guys have to ask for all that
stuff that has nothing to do with a simple alarm installation....??

Simply put, they give a discount if you have an alarm system, And the
certificat proove it.

And if they dont maintain the alarm system and get rob, the insurane company
wont pay cause you didnt cary on your part of the deal:

you pay less for insurance cause you are a lesser risk with your alarm, you
have to maintain it, you failed to the deal, you have nothing...

Easy way of paying for the lower rate.. and good way to lower the risk..

 

[Petem]

"tourman" <[email protected]> a écrit dans le message de groupe de
discussion :
92683d56-66c6-430e-b506-dc0abbd59383@b30g2000yqd.googlegroups.com...

RHC: I understand all that; I was referring to the clauses about
firing employees and the other irelevent concerns...

HOO!! sorry!!;-)

 

[alarman]

If requested I will send a proof of insurance.
I will NOT and have never provided anyone to be an additionally
insured on my policy. End of discussion.

Yup.