At 08:46 AM 12/6/97 EST, Cyberfuel1 wrote:
>I have used a broker for years that finds the best rates for me. I would NEVER
>use an agent. I have a 97 Dakota CC & 96 Chrysler Town & Country LXI. I pay
>$1100. a year for complete coverage in New York. (it ain't cheap here.)
>
> Bob
Incidentally, does anyone know what party an insurance agent is an agent
for? The laws of agency have been developed by years and years of common
law and case history. If an insurance "agent" is indeed an agent, they owe
certain feduciary duties (care, confidentiality, loyalty, obedience,
accounting, disclosure) to their principal. Who is the principal for an
insurance agent? The person buying insurance or the insurance company?
-Jon-
.--- stei0302@cs.fredonia.edu -- http://www.cs.fredonia.edu/~stei0302/ ---.
| DoD# 1038, EAA# 518210, NMA# 117376, USUA# A46209, KotWitDoDFAQ, RP-SEL |
| '96 Dodge Dakota v8 SLT Club Cab, '96 Kolb FireFly 447 (#FF019) |
`-------------------------------------------------------------------------'
I do not speak for the SUNY College at Fredonia; any opinions are my own.
This archive was generated by hypermail 2b29 : Fri Jun 20 2003 - 12:08:01 EDT