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As someone who works daily with commercial and 'non-standard' lines of insurance, it is very common for me to get phone calls or emails from customers asking why a company they have never heard of is sending them a premium bill instead of the actual insurance company that issued the policy.
The answer is premium financing, also known as premium funding.
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What You DON'T Know WILL Hurt You!
As an investor, especially a commercial buyer or general contractor, there are some things you should definitely be aware of regarding your liability insurance. The same holds true if you are a licensed Realtor or mortgage professional with Errors and Omissions coverage.
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