This question was answered based upon current rules, regulations & statutes in effect on May 13, 2020
Carrier added a form MM9920 to a Garagekeepers policy and they won't remove it. Is this form mandatory?
Irene Morrill: No it is not “mandatory” and if this is a ceded risk they have to take it off if requested.
If it is a voluntary risk …it could be the carrier’s requirement …in which case, I’d find another carrier.
Agent: Thanks for your help on this. After some push back from carrier, they finally agreed to remove the MM9920.
You are the best! Take care!
Irene Morrill: No, YOU are the best. That is a horrid little endorsement that can have unwanted consequences when there is non-employment related use.
I don’t believe the consumer CERTIFIES that the vehicles will NEVER be used other than employment related …and then a miniscule credit becomes an $8,000 bill
When I talk about “value-added” service that agencies perform for clients …THIS IS ONE OF THEM. You review policies and determine what is necessary or not and then you fight for your clients. Unfortunately, not all agents do this …
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