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RE: [preia] Chicken and the egg insurance agent

From: Carolyn C.
Sent on: Saturday, March 26, 2016, 7:38 PM

Currently working on getting insurance as Class A. Only rule is that we had to be in business for a year before they would cover us.

 

Carolyn Campbell

 

Cornerstone Investors Inc

[masked] office

[masked] fax

[address removed]

 

From: [address removed] [mailto:[address removed]] On Behalf Of Grant Smith
Sent: Saturday, March 26,[masked]:17 PM
To: [address removed]
Subject: Re: [preia] Chicken and the egg insurance agent

 

Alan,

Although both have said it. Seems coincidental. I recently (within the past 2 weeks) got a quote and applied for general liability and work man's comp thru builders mutual and everything was fine. Having never had insurance before I didn't have a problem getting it.

On Mar 26,[masked]:42 PM, "Alan" <[address removed]> wrote:

Am I hearing this right?  Two different contractors have told me this.  one had insurance for many years and let it lapse a couple months ago.  The other was trying to get it for the first time.  They were both told that they must have insurance in force, uninterrupted for at least 2 years????

 

Can that possibly be right????  If the only people that can get insurance must have it and if you get out you cannot get back in, there will soon be no more insured contractors.

 

I hold a class A residential builder and commercial builder for many years.  I have never had a claim and have no complaints with the DPOR, knock on wood.  Are they saying I cannot get insurance?





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Hampton, VA

Founded Mar 15, 2007

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Stuart Pollock, Kim Cress, Larissa Marie Ambrose
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