Surplus lines or lloyds policy alert !
08-09-2018, 05:06 PM
#11
Offshoreonly Advertiser
Offshoreonly AdvertiserThread Starter
Join Date: Jan 2001
Location: spring valley,ny usa
Posts: 2,063
Likes: 0
Received 25 Likes
on
12 Posts
jimmac,let me know how you made out with your insurance department after you reported your agent.I guess that the surplus lines tax money is being used to fund some insurance agents kid's college tuition bills.I will have someone at TOTAL DOLLAR INSURANCE provide a quote for you when your new boat is close and the insurance company will be a U.S.,A rated licensed and admitted carrier so you will not have to worry.I will get your name and underwriting info and make sure that the right person handles your business.
08-17-2018, 08:04 AM
#14
Offshoreonly Advertiser
Offshoreonly AdvertiserThread Starter
Join Date: Jan 2001
Location: spring valley,ny usa
Posts: 2,063
Likes: 0
Received 25 Likes
on
12 Posts
STATE NATIONAL INSURANCE COMPANY. They are a U.S. A rated,licensed in all states,and are admitted (NOT SURPLUS LINES OR LLOYDS).I'm hearing rumors that TOTAL DOLLAR will soon have another company shortly with the same features.
08-17-2018, 10:59 AM
#15
Ok, since State National Insurance Company is purely a fronting company and bares no risk you rely on 100% Reinsurance and i was almost positive that Total Dollars book was 100% Reinsured by Lloyd's syndicates so i am curios if that's true how do they differ from Lloyd's syndicates you are bashing?
09-10-2018, 03:57 PM
#20
Mod Squad Enforcer
Charter Member
Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,958
Received 795 Likes
on
258 Posts
It's like when the news says "don't do _______ because it could kill you, tune in next week to see what it is"
