It’s ... [a problem] if you have a frequency problem that cannot be corrected, like you have a doberman that seems to bite every ... person ... and you don’t want to get a new dog.
Those things are a problem; liability frequency type issues. Slip and falls on driveways, that’s a problem. But property things that have been rectified, frozen pipes, you put in a temperature monitor. Your house was robbed, you put in a central station alarm.
Things like that that are fixed just work out great, and other companies are excited to take that risk, with no penalty to do it.
Douglas F. Danaher, CIC, MBA
The Stone Insurance Agency
Managing Partner
Listen to the full interview below, and feel free to share your comments.
