3 Month Rental and BAP
3 Month Rental and BAP QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 28, 2016 We have a client that is going to be leasing a truck for a period of “up to 3 months”. The lessor wants to be listed as loss payee on the commercial…
Improperly Registered DBAs
Improperly Registered DBAs QUESTION I was hoping one of you could help me… I have an insured whose IRS Form 147C shows: First and Last Name Company Name Mailing Address There is no DBA shown on the tax form. Insured is a contractor and has several vehicles registered under his NAME, and several under the…
Umbrella2
Umbrella2 QUESTION I have an insured who lives overseas but has a home here that we insure. She previously had an Umbrella policy with Lexington but it was dropped when Lexington decided not to offer it a couple years ago. If she only has a home here does she really need an umbrella or is…
Operators Report
Operators Report QUESTION In regards to completing the Operators Report… If the accident was at a grocery store, mall, etc., is the lot considered private or public? The Operators report states do not fill it out if the accident occurred on a private parking lot. Because the above lots are open to the public we…
Seatbelt Violation
Seatbelt Violation QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 20, 2017 One of my insured got a Violation for Fail to stop AND seat belt violation She was told by police officer that he was only going to give her seat belt violation I know the…
Employee Vehicles with Markings For Business
Employee Vehicles with Markings For Business QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 16, 2017
Surviving Spouse and Plate Types
Surviving Spouse and Plate Types QUESTION Can a Surviving Spouse transaction be done on PAY (Year of Manufacture) and Veteran plates?
Operator Exclusion3
Operator Exclusion3 QUESTION I have an insured who wishes to exclude his household daughter on all vehicles. Would she have access to part 3 & 12 of this policy?
Merit Rating3
Merit Rating3 QUESTION I know that a lot has changed with competitive rating factors , however, we have recently had a situation where someone’s sdip changed 2 months prior to a renewal date and because there was a change of vehicle the company ran a MRB and BACKDATED the sdip (household rating factor) back to…
Tax Exemption 2
Tax Exemption 2 QUESTION Pretty sure I know the answer to this. Client daughter bought car from her mother for $7500. I am assuming they are only eligible for MVU26 if a family transfers without any payment exchange between the two parties. If you confirm that would be great. Thank you
Scooter – Can This Be Registered
Scooter – Can This Be Registered QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 14, 2017 I have a question regarding a scooter. One of our customers purchased a scooter: 2016 Honda Ruckus, 4.3 hp, 49cc.Is this something that we can register for road use and need…
Total Loss and 7 Day Law
Total Loss and 7 Day Law QUESTION I have a request from a dealer that I have not had before and neither have my co-workers (we all have 25/30+ years in insurance).An insured had an accident on 6/5/17, declared a total loss on 6/8/17 (no figures are ready yet) and is getting a new vehicle…
Title & Registration Question (2)
Title & Registration Question (2) QUESTION How are you? I have a title question. A father bought some jet skis for his adult son, in his son’s name. A trailer was also purchased. Due to the fact the father was there for the transactions, the title for the trailer has the father’s name on the…
Trust3
Trust3 QUESTION I have attached a copy of a title from NH. On the RMV-1, form how would I list the owner if it is in a Trust? Do I list the trust first and then the owner 2nd?? Thanks for your help.
Tenant Relocation 2
Tenant Relocation 2 QUESTION My question is, I have an excess carrier who states, that being an excess carrier, and they do not have to provide tenant relocation on a 3 family dwelling. I advised that I understood that it was mandatory and either way, could they provide (HO2371). Your opinion/facts?
Commission Paid to Deceased Person
Commission Paid to Deceased Person QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 16, 2016
Non Competes
Non Competes QUESTION Hi Dan! Recently hired a person in our PL Customer service department who speaks fluent Spanish. a result, she developed a substantial following of family, friends and miscellaneous clients at her prior agency. family, etc. want to follow her and to date one or two have tried to come over and of…
Fees to Clients
Fees to Clients QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 15, 2016
Surplus Lines Tax
Surplus Lines Tax QUESTION One of my wholesalers is telling me that the surplus lines tax is applicable to the inspection fee in addition to the premium as it is charged by the insurance company. Never seen this before. You shed some light?
Adverse Notice
Adverse Notice QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 27, 2016 Regarding adverse action notices that agencies are required to send clients when quotes are declined: this only apply when rating a policy in a carrier website, where quotes can be officially declined, or does it…
Notify Customers on Sale of Agency
Notify Customers on Sale of Agency QUESTION We are selling the agent. Attorney raised the question of when and if appropriate to notify customers of the sale and transfer of records/personal information. Assume that that needs to occur, but was unsure if there was any requirement to do so?
DOC 1
DOC 1 QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 12, 2017
EV Plates
EV Plates QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 8, 2017
MAP Cancellation Transfer of Insurer
MAP Cancellation Transfer of Insurer QUESTION I have a quick question regarding cancelling MA auto policies. We have been having a problem with Progressive in regards to them sending us the proper documentation for transferring auto policies. I have attached the fax they sent stating that a 2A form is no longer required to cancel…
Actual Cash Value
Actual Cash Value QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 31, 2017 I hope all is well. I am in need of some assistance please with # 21 of the General Provisions and Exclusions of the Mass Personal Auto Policy, Actual Cash Value. We have an…
Driving Records on Commercial Accidents
Driving Records on Commercial Accidents QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 1, 2017
What Type of Plate / What Type of Policy
What Type of Plate / What Type of Policy QUESTION I hope you are well. I have a situation that I was hoping to get your advice on. I have a home insurance customer that wants to move his auto to us. He also owns a construction company and wants to take two of his…
60 Day Free Look – Auto
60 Day Free Look – Auto QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 6, 2017 My company uses the 2008 MA Auto Policy Jacket. Under cancellation and Renewal section, it states we can only cancel the policy for 3 reasons (nonpay, misrep/fraud or license suspension/revocation). How…
Claim Denial for Lack of Cooperation
Claim Denial for Lack of Cooperation QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 7, 2017
Plate Type
Plate Type QUESTION How are you? I hope all is well. I have a client that has a 1997 Ford F350.Currently placed on a personal auto policy as it is not used for any business purposes. However, it does have a Commercial Plate as the GVW is 10,000.Can they obtain private passenger plates with a…
Commercial Plate/Policy
Commercial Plate/Policy QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 27, 2016
Trailer Titles
Trailer Titles QUESTION I’m having a registry issue, and I thought I heard that Donna had retired? So I was hoping you could help me or forward to someone who can.
MAP and 60 Day “Free Look”
MAP and 60 Day “Free Look” QUESTION My company uses the 2008 MA Auto Policy Jacket. Under cancellation and Renewal section, it states we can only cancel the policy for 3 reasons (nonpay, misrep/fraud or license suspension/revocation).How about if we are within our 60 day “free look” on a new business policy? Can we cancel…
Repair Plate A
Repair Plate A QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 5, 2017 Hope you are well!! Quick question can I cancel a repair plate on line or does it have to be returned to the registry?? I am having trouble cancelling it. Let me know Thanks
CMV over 10,000 lbs
CMV over 10,000 lbs QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 2, 2017
Tenant Relocation
Tenant Relocation QUESTION Do you know of the tenant relocation only applies to loss by fire and if the amount this pays is $750$750month for so many months? Thanks
Document Prep Fees Included in Sales Tax Calculation
Document Prep Fees Included in Sales Tax Calculation QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 30, 2017
Out of State Garaging
Out of State Garaging QUESTION I am hoping you can help me. We have an insured for which we still have an MA auto policy in place until July of 2017 and it is a ceded policy with Safety Ins.They have advised us that they are closing there MA location. However, for cost saving purposes,…
PIP
PIP QUESTION I received a call from an agent with a PIP question. Client rented a car on vacation Rental involved in an accident with injury to client (who was not at fault) Safeco is saying that they will not pay out on PIP because the client was not in their car and they have…
Like Kind and Quality – Rental
Like Kind and Quality – Rental QUESTION Does client have the right to a comparable rental vehicle when going through other at fault party for rental? Company is saying he has a right to ‘reliable’ rental Ex.Insured drives a PU and his $30 rental is not enough to cover it