Ok, I have a business policy holder and have a questionable practice question that
I am in Florida where it is extremely difficult to get wind with a rated carrier. I tried for months and months after buying a new building. I got a Nationwide policy last year from an agent when 4 other agents of nationwide said no. The policy came with the unwritten caveat that I "need" an additional E&O "cyber policy" because we did a lot of online business in order for the underwriters at Nationwide to accept the risk.
Because this was the only option we had at the time we bought both policies and went about our business. Now that the renewal is up we're supposed to buy both policies and our agent is missing. We are being pushed by someone else at the company to renew the E&O.
I don't really want to buy the additional E&O policy and just want the nationwide policy. Is it possible to be dropped for not getting both, or do you think that this was just a ruse to sell me an additional policy?
Let me know if you need any additional information
I am in Florida where it is extremely difficult to get wind with a rated carrier. I tried for months and months after buying a new building. I got a Nationwide policy last year from an agent when 4 other agents of nationwide said no. The policy came with the unwritten caveat that I "need" an additional E&O "cyber policy" because we did a lot of online business in order for the underwriters at Nationwide to accept the risk.
Because this was the only option we had at the time we bought both policies and went about our business. Now that the renewal is up we're supposed to buy both policies and our agent is missing. We are being pushed by someone else at the company to renew the E&O.
I don't really want to buy the additional E&O policy and just want the nationwide policy. Is it possible to be dropped for not getting both, or do you think that this was just a ruse to sell me an additional policy?
Let me know if you need any additional information