KYB
Expert
- 39
I think most of us have been here and feel for you. Nothing like insurance advice from a neighbor or auto mechanic.
CPA Giving Poor Advice
- Thread starter MrGolf
- Start date
- 1,581
Just call his CPA & challenge him to a street fight.
I feel your pain..I usually run into this w/ *** attorney's but all those professionals think they know everything about everything. I wonder if your client wasn't possibly talking w/ my father in law as his "consultant"
I feel your pain..I usually run into this w/ *** attorney's but all those professionals think they know everything about everything. I wonder if your client wasn't possibly talking w/ my father in law as his "consultant"
KYB
Expert
- 39
My father-in-law is the agency principal here. He says if only everyone listened to us like they listen to lawyers & doctors how nice that would be...
- Thread starter
- #14
The final verdict:
I overcame both the CPA and the consultant and finally made the client understand what we have to do. He is going to purchase the WC policy and require any of the owner-operators to carry WC on themselves and provide a certificate showing such. And while getting the drivers to buy their own WC is not going to be near as easy as he thinks that's up to him. I can't run every aspect of his business for him. I've warned him if they aren't providing a certificate to show they cover themselves on a policy it's going to be 1) on him at audit and 2) coming back on his WC policy if something happens.
I think I earned every cent I made on this one.
I overcame both the CPA and the consultant and finally made the client understand what we have to do. He is going to purchase the WC policy and require any of the owner-operators to carry WC on themselves and provide a certificate showing such. And while getting the drivers to buy their own WC is not going to be near as easy as he thinks that's up to him. I can't run every aspect of his business for him. I've warned him if they aren't providing a certificate to show they cover themselves on a policy it's going to be 1) on him at audit and 2) coming back on his WC policy if something happens.
I think I earned every cent I made on this one.
Good thing, if he gets audited it would suck something fierce. My old job involved doing WC claims reporting and audits for YRC; classes 7219 and 7229 were about as bad as it got for things that didn't involve high voltage or gunpowder. Of course they'd have three death claims in a good year so that wasn't helping the experience ratio much either.
- 711
Good for you Mr Golf. Score one for the insurance agent!
On the life side of the business this happens a good bit from attorneys and CPA's. Just because one is not "biased" doesn't mean that they know their ****.
KYB
Expert
- 39
Hell of a job, Mr Golf
- 4,132
Are you sure it's a cpa and not another agent?
Just wondering if another agent is saying you're wrong and trying to get in the door.
Just wondering if another agent is saying you're wrong and trying to get in the door.
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