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Family Rights provision/selling to family member

Posted by Terry McFerrin 
I was a farmers agent for 32 years. Elected the family rights provision to sell business to daughter. We were advised by farmers to wait until 6/1/09. Now after working 10 months without a contract, daughter finds that farmers didnt let her assume my contract. Her's is very restrictive and now farmers demands that she get ride of all outside business that came with the agency. If she had signed 5/31/09 there would not have been a problem. Is there anyone out there that has done the family rights option and been treated like this. Can anyone recommend an attorney that has experience with this type of problem. We know that farmers hates the family rights clause because it cheats them out of the commission they can keep with assigned policies. This has been an unbelieveable mess since the very begining.

Edited 1 time(s). Last edit at 03/25/2010 05:19PM by administrator.

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Re: Family Rights provision/selling to family member
March 25, 2010 05:22PM
Rinehart vs. Farmers Insurance

and check this page for
Bilby v. Farmers Insurance and others

Contact the attorneys involved with these cases, check previous posts in this forum.

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So why would you want to do that to a family member anyway? I signed up with Farmers years ago for the same reason now I wonder why, there's no one in my family that I would dump this crap on.

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