GUEST EDITORIAL
Kevin,
We very much appreciate your recent editorial about Repo Agency Insurance – Are you Really Covered? While it mentions one particular division of an insurance company in referencing Progressive Paloverde, the issues mentioned in your editorial of grossly underreporting the estimated or actual numbers of repossessions or the location of the agencies trucks being run out of satellite offices and not the reported home office – are extremely common practices by many unethical insurance agencies and brokerages in their efforts to write repossession agency exposures.
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