Let'sgoflying!
Touchdown! Greaser!
So my worker's comp insurer sent a letter of non-renewal because I hired a repairman to fix the leaky roof at my business.
I wanted to make sure I was covered when they went up there, so I called the agent and had them arrange coverage. I think it was <$1000 labor and $40 premium. A month or so after the job I get a bye-bye letter. There was no claim, no problem; my roof is fixed, so are the repairpeople but underwriting is having serious heartburn because I had some repairs done.
Important note: In the past 10 years of using this company, there was always an audit immediately after the coverage period where they inquire about my use of contractors and volunteers. It seemed plain to me that they were going to retroactively charge me for any uncovered people. I suppose I could have not given them advance notice, but paid the audit premium thus acquiring coverage that way...but being the honest little business person I am, I thought I would be upfront and let them know what the plan was, ensure I had coverage.
Stupid, stupid, stupid.
So the agent said it looked like a mistake and they would seek reinstatement ie rescinding of the non-renewal status.
Nope, they did not achieve that, and they are seeking a new carrier.
So I asked the agent how I can avoid this (non-renewal) in future and she says, do not ask for coverage in advance; go with the audited coverage after the fact.
I wanted to make sure I was covered when they went up there, so I called the agent and had them arrange coverage. I think it was <$1000 labor and $40 premium. A month or so after the job I get a bye-bye letter. There was no claim, no problem; my roof is fixed, so are the repairpeople but underwriting is having serious heartburn because I had some repairs done.
Important note: In the past 10 years of using this company, there was always an audit immediately after the coverage period where they inquire about my use of contractors and volunteers. It seemed plain to me that they were going to retroactively charge me for any uncovered people. I suppose I could have not given them advance notice, but paid the audit premium thus acquiring coverage that way...but being the honest little business person I am, I thought I would be upfront and let them know what the plan was, ensure I had coverage.
Stupid, stupid, stupid.
So the agent said it looked like a mistake and they would seek reinstatement ie rescinding of the non-renewal status.
Nope, they did not achieve that, and they are seeking a new carrier.
So I asked the agent how I can avoid this (non-renewal) in future and she says, do not ask for coverage in advance; go with the audited coverage after the fact.
