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  • Safeco Fillable Broker Of Record Form

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Upon completion, please FAX to: 877-344-5107 Date Safeco Insurance Group This will notify you that I have appointed whose business address is Name of New Agent as my insurance Street Address City.

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The Broker of Record form ( form number 36) may be used in lieu of a Broker of Record letter.

An agent of record is the individual insurance agent or insurance agency authorized by an insured to represent the insured in the purchase, servicing, and maintenance of its insurance program with a designated insurer.

A broker of record letter, also known as a “BOR” letter, or agent of record letter, is a letter that tells an insurance carrier that you have chosen a particular insurance broker to manage your insurance policies and handle your business insurance situation.

A broker of record letter is formal agreement or letter used to legally indicate an agreement and a relationship between broker, policyholder and insurance company. In some cases, a broker of record letter indicates that an existing agent is being replaced with a new agent by the policyholder.

The level of education distinguishes a broker from a salesperson. A salesperson can become a broker by taking additional courses and exams. A broker designation also allows someone to manage a brokerage. If they do take on that role, they are known as the Broker of Record.

What is a rescinding Bor letter? Depending on the agent, you likely have 5-10 days after signing the letter to rescind (cancel) it. To do that, you will sign a rescinding broker of record letter, which will essentially make the original BOR you signed null and void.

An agent of record, or broker of record is a simple document signed by a business owner in order to specify which agent they want to represent their business with one or more insurance companies.

Your new agent will draft the BOR and ask you to sign it. Then, the new agent will submit the letter on your behalf to the insurance company. This letter is a legal contract that ends your relationship with your current agent. The letter also serves as a legal contract permitting your new agent to act on your behalf.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232