We gave a business tenant a 3-day notice to provide a binder showing
he has business package insurance coverage, primarily liability (no
auto or truck). He had his insurance agent tell us it wasn't possible
to get it that quickly. Our own agent said it was possible. The tenant
is an interstate trucking company, but, again, we weren't asking for
coverage on his vehicles. Who's right? Payment flexible; depends on
credibility of person who answers.

---

Request for Question Clarification by cynthia-ga on 15 Oct 2006 01:16 PDT

In what state is the business located?

"...Payment flexible; depends on credibility of person who answers..."

google answers doesn't really work this way.  any researcher who
honestly thinks they have answered your question can post an answer
and collect the full fee (subject, of course, to your requests for
clarification).  you might want to be proactive and consider what type
of "credibility" you want, exactly, and post a clarification now so
researchers know what it is you consider worth $100.

just a free comment from the peanut gallery.

-cab

I have purchased small business "general liability" insurance twice in
my life. The process was the same. Discuss the business over the phone
with the agent (I used Ohio Casualty:
http://www.ocas.com/insurance/BI-Main.asp ), then simply go sign the
policy papers and you're done. It was all over in a day both times. I
would call an agent at the link above and explain the situation and
ask if there are special considerations for that type of business. If
they say they can do it in a couple days then forward the Agent's name
to your tenant.

First, I expect that the three day period has already been exceeded,
or will be shortly.  How important is that really?  If the tenant is
already under contract, does a couple of days matter?  A new insurance
policy is not going to cover any existing situation.  Both agents may
be right  - about the way their own insurers do business.  What is
gained by not allowing the tenant to allow his insurer to take a
reasonable period to set up the coverage.

Just a free comment.
You should also note that the email notification system is defunct, so
you need to check back by yourself to see if an "answer" or other
comments have been posted.