Typically the broker receives a policy within days of binding
Your office can issue certs after receiving a copy of the binder, but if there is any special wording we must approve the cert. Movers Choice handles all the filings.
If financed do you use your finance carrier or do we use ours? Our office must and will provide the premium finance agreement upon quotation of the account Direct bill is offered on accounts of over $150K in premium.
The Movers Choice Program will provide the filing to the appropriate van line showing the required coverage needed for this account. This is not correct, the agent issues certs to the van line and specialized endor sements some from Movers Choice to broker to attach to their cert unless it is a van line that requires a direct special cert from Movers Choice (AKA Atlas)
Our Mover’s Choice Program can only write a trucking risk if it is a small percentage of the overall moving operation. However, we can consider trucking risk in our BizChoice Truckers Program. For more information go to: www.bizchoicetransportation.com.
On the 25th of the following month of receipt of payment from the insured.
It is a stipulation of our program administrator agreement and is not negotiable.
Absolutely, this is the preferred method. Please email Accounting (firstname.lastname@example.org) to request the form.
Yes, please make payable to Paul Hanson Partners and mail to PO Box 5990, Napa, CA 94581
Yes, with underwriting approval. The following additional questions will need to be answered:
- Who is the additional insured?
- Does the insured have an auto exposure and do they have appropriate coverage in place?
- What is the operation of the additional insured and how does it relate to the named insured?
- Does the request for an Additional Insured fit with the Named Insured’s operations?
The Advise of Coverage is limited to $250,000 per certificate issued or their per truck cargo limit whichever is less. If it is in storage then the most they can do per Advise of Coverage Certificate in storage is $250,000, the insured still needs to monitor they have the correct total limit on their warehouse storage value.
Click Here to learn the difference between a hold harmless agreement and waiver of subrogation.
Click Here to read more about Real Property Valuation