Ask JSA

Dear JSA, I’ve been an insurance agent for years. But I've never needed E&S before. Now I do! What do I need to do to access the E&S Market? How do I start? What do you need from us so we can write with you? Sincerely, Now Watt Dear Now, Retail agents need to enlist the services of a wholesaler, like [...]

Dear JSA, I think I know what E&S is, but I'm not 100% sure. What IS Excess & Surplus Lines Insurance, anyway?  Sincerely, Anita Primer Dear Anita, Thanks for asking this question. Excess & Surplus Lines (E&S) is a specialty market that fills an important gap in the availability of coverage. The carriers in this market provide coverage for difficult or [...]

Dear JSA, They are predicting 18-22 named storms for the 2020 hurricane season. My customer wants Hurricane Insurance. Is this a thing that actually exists? Sincerely, Blown Away Dear Blown Away, No. It’s not a thing that exists and it makes us bristle every time we hear that term. Perhaps they’re asking about wind coverage, but they might also be asking [...]

Dear JSA, I've always thought that when writing Business Income coverage on a 1/3, 1/4, or 1/6 limitation, that the insured will have coverage for 3, 4, or 6 months. Is that correct? Sincerely, Befuddled 'bout BI Dear Befuddled, Lots of folks think this is the case, but in actuality, the limitations refer to the portion of the total limit available [...]

 Dear JSA, My insured has a tilt bed tow truck, but is classified as a car carrier. What gives? Sincerely, Tow Truck or Not Tow Truck Dear Tow, It's not that he owns a tow truck, it's what he's towing that matters. If he's towing wrecked or disabled vehicles from a site, that's being used as a tiltbed tow truck, and [...]

 Dear JSA, What does “shut down for binding” because of a hurricane mean? Sincerely, Hazy about Hurricanes Dear Hazy, When the threat of a damaging hurricane approaches your area, and Jim Cantore is close by, it may be confusing to know what we’re talking about when we say we’re “shut down for binding.” It does NOT mean that we’re closed. It [...]

https://vimeo.com/253458042   Have a Question? Email us at askjsa@jsausa.com   View our reader-friendly response below! Dear JSA, Why do I need Liquor Liability if the insured is only selling beer and wine? -Lost about Liquor Liability   Dear Lost about Liquor Liability, This is an easy question, although one I get asked all the time as an underwriter! "Liquor Liability" is the term for [...]

Dear Chris, I’ve got a guy who’s a contractor heading to help with hurricane clean up. Will his policy cover him? Thanks for your help! - Territory Turmoil Dear Territory Turmoil, This is a great question, but unfortunately I can’t give you an easy yes or no answer. If you’re referring to his GL policy, the ISO coverage territory includes the United [...]