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<blockquote data-quote="Lucky" data-source="post: 1809605" data-attributes="member: 32659"><p>We let them come in for the week of closing and then we stayed to help them the week after closing. He did tell me his policies were quite a bit higher than the quotes we had shown them. Our General Liability Policy had gone up probably 40% in 2022 for no reason at all. They hit him for another 20% the way it sounded. Insurance was getting out of hand along with everything else. We are still helping them some but they seem to be fast learners.</p><p></p><p>Edit: One thing I always hated with the commercial policy was the audit every two years. Never understood how they could set a price then make you do a self audit and if sales were up raise your annual rate plus back charge the difference for the previous year.</p></blockquote><p></p>
[QUOTE="Lucky, post: 1809605, member: 32659"] We let them come in for the week of closing and then we stayed to help them the week after closing. He did tell me his policies were quite a bit higher than the quotes we had shown them. Our General Liability Policy had gone up probably 40% in 2022 for no reason at all. They hit him for another 20% the way it sounded. Insurance was getting out of hand along with everything else. We are still helping them some but they seem to be fast learners. Edit: One thing I always hated with the commercial policy was the audit every two years. Never understood how they could set a price then make you do a self audit and if sales were up raise your annual rate plus back charge the difference for the previous year. [/QUOTE]
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