Thursday, November 17, 2011
FROM OUR INSURANCE CHAIR
These seems to be some misunderstandings regarding the renewal process—please let me try and make it clearer.
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We currently have three Agent’s bidding the renewal for the whole of Century Village for 2012. They are Barbara Addeo, with Corporate Insurance Advisors, Bob Lopker, with Insurance Office of America, and our incumbent Ty Beba, with Brown & Brown.
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They will be making presentations to the Insurance Committee the week of December 5th. The bids will be reviewed by the Bid Committee on Monday, December 12th and there will be a Town Hall Meeting on Thursday, December the 15th in the Clubhouse at 9:30am, so individual Associations can review their individual premiums for the year.
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If after reviewing the UCO insurance program you want to opt out, a form will be provided for you. But, please before you opt out make sure you have another Agency who will write your insurance coverage. If you opt out of the UCO program, you will not have insurance with us.
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I have had 2 Associations and 1 management company asking permission to seek quotes outside UCO. You don’t need permission to seek quotes outside; we feel that the program we provide will be comprehensive and cost effective. We only ask that you compare apples to apples. Make sure that what you’re buying is what you think it is and not a watered down version at a bargain price.
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If after reviewing our program, coverage’s and prices, you feel that you can get both better coverage and price with another agency, than opt out. You will have until December 23rd to return your selection sheets or you’re opt out sheet.
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We hope our selection will meet with your approval and that this letter makes it easier for you to understand the process. But, if you have any questions, I’m at UCO most days, please call
683-9189.
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Toni Salometo
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