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We have a minimum and

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Posted: Tue May 20, 2008 6:32 pm   Post subject: We have a minimum and   We have a minimum and deposit general liability policy with an E&S carrier. Insured cancelled mid-term past the minimum earned period and requested an audit. Carrier says they have the right, but are not required to do an audit. Therefore, minimum and deposity amount will be basis for short-rate return. Is this common? _________________ Register Now to have your Insurance queries solved.	Member-Jerry Guest
Posted: Thu May 22, 2008 12:46 pm   Post subject:    Sure hope someone else comes by because I have absolutely no idea what you are talking about... _________________ "Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.	Lori Moderator Joined: 10 Sep 2007 Posts: 8173 Location: Missouri 287.90 Dollars($)
Posted: Wed Oct 15, 2008 9:28 am   Post subject:    We certainly need more information in order to answer the problem. Pls OP, help us with some more facts so that we can offer better suggestions.	jeorge Senior member Joined: 07 Oct 2005 Posts: 808 132.58 Dollars($)
Posted: Wed Oct 15, 2008 10:38 pm   Post subject:    Lost as everyone else here	fireyone Senior member Joined: 07 Jan 2008 Posts: 1993 2.31 Dollars($)
Posted: Thu Oct 16, 2008 12:25 am   Post subject:    E&S - Excess and Surplus Yep. That's it for me. _________________ Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. - Ferris Bueller	LifeIsGood Senior member Joined: 22 Sep 2008 Posts: 580 1.30 Dollars($)
Posted: Thu Oct 16, 2008 6:52 pm   Post subject:    seriously?	fireyone Senior member Joined: 07 Jan 2008 Posts: 1993 2.31 Dollars($)
Posted: Thu Oct 16, 2008 7:32 pm   Post subject:    A policy designed to provide additional coverage over one or more primary policies. It doesn't pay until the loss amount exceeds the coverage limits on the primary policy. _________________ Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. - Ferris Bueller	LifeIsGood Senior member Joined: 22 Sep 2008 Posts: 580 1.30 Dollars($)
Posted: Fri Oct 17, 2008 12:04 am   Post subject:    Thats not a bad policy to have. Boy there is protection to cover protection and so on. I guess one can never be too insured.	fireyone Senior member Joined: 07 Jan 2008 Posts: 1993 2.31 Dollars($)

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