VT Property & Casualty case studies
VT Property & Casualty · Put your knowledge to work in context.
The Vermont Property and Casualty Producer license is a state-issued credential that allows an individual to sell, solicit and negotiate insurance covering property risks (dwellings, homeowners, commercial property, inland marine) and casualty risks (personal and commercial auto, general liability, workers' compensation). It is typically pursued by people entering an independent agency or a captive carrier, by service representatives moving into a sales role, and by career changers coming from banking, real estate or claims. The VT Property & Casualty case studies are 5 cases and about 3,973 words.
1The Producer Who Left With the Renewal List
Lou owns Green Mountain Coverage LLC, a small independent agency in Rutland, Vermont. In March his producer, Dana, resigned and joined a competitor two miles away; she kept her cell phone contacts and over two weekends called 40 of her former clients.
771 words, about 4 min2Three Weeks Away, One Burst Supply Line
The Hallorans carry an HO-3 on their Vermont home: Coverage A 420,000, Coverage B 10%, Coverage C 50%, a 2,500 all-peril deductible, a 5,000 water backup endorsement, and the standard mold limitation of 10,000. They left the heat at 62 degrees and spent three weeks in Arizona in February.
837 words, about 4 min3Tender, Tender, Who Has Coverage?
Ridgeline Builders is a general contractor with an occurrence-form CGL policy: 1,000,000 each occurrence, 2,000,000 general aggregate. In its current policy year the carrier already paid 1,800,000 defending and settling an unrelated job-site injury.
752 words, about 4 min4Four Employees, Three 1099s, and One Bad Back
Northern Tier Landscaping operates out of Barre, Vermont with four full-time laborers, a part-time bookkeeper who works fifteen hours a week, and the owner, who draws a salary. Three additional workers mow lawns and plow driveways using Northern Tier trucks, equipment, and schedule; they are paid on 1099s, set their own start times within a window the owner assigns, and have no written contract.
814 words, about 4 min5The Bond That Is Not Insurance
Granite Ridge Paving wants to bid a 2,400,000 municipal road project in Vermont. The bid documents require a 100% performance bond and a 100% payment bond.
799 words, about 4 min