Fernet Insurance Brokers is an independent insurance agency
representing insurance companies specializing in the motorcycle and
recreational insurance products. As the agent, we have responsibilities
to our customers and the insurance companies. In order to ensure that
these responsibilities are fulfilled, we ask that you adhere to
procedures outlined below.
1. Sale of Insurance:
Fernet and its employees must be the ones to speak with the customer
and inform him of his options. In order to speak about the sale of
insurance you are required to be licensed to sell insurance. Therefore,
to ensure all legal requirements are met, this must be done by Fernet
2. Application for Insurance:
Once the customer agrees on a carrier and coverage options, the
application may be faxed or emailed to your dealership. This is only an
application for insurance and is not signed by the insurance agent. The
customer must review all information for correctness and completeness.
Please stress this to the customer should you receive a faxed
3. Submitting an Application:
When the customer has reviewed the application and made any necessary
corrections, he will need to sign the application where indicated and
fax it back to Fernet at 407-937-1855, along with any other supporting
documents that are requested. (ex: bill of sale, copy of drivers
4. Receiving Payment:
Once the signed application is returned to Fernet, we will process
the payment as indicated by the customer. This may be by credit card or
5. Binding Insurance:
Once Fernet has received the signed application and processed
payment, temporary insurance ID cards will be issued. These cards will
be faxed to your dealership. Only at the time you have received the
faxed ID cards should the customer consider himself insured. These cards
indicate that Fernet has accepted the insurance and will be sending the
application to the insurance company for policy issuance.
6. Safe to Ride:
Only after the customer has received the temporary ID cards is it
safe for you to allow him to leave the dealership on his new motorcycle.
DO NOT allow a customer to ride off on a motorcycle you believe to be
insured through Fernet unless the customer has the temporary ID cards.