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BBB Business Review

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BBB Accredited Business since

Bin Insurance Holdings, LLC

Phone: (312) 273-9330 30 N LaSalle Suite 2500, Chicago, IL 60602 View Additional Email Addresses http://www.businessinsurancenow.com/ View Additional Web Addresses



BBB Business Reviews may not be reproduced for sales or promotional purposes.

Description

Insureon has provided coverage for more than 175,000 small businesses. This company both serves retail clients directly and supports leading top-five banks, brokerages, and insurance companies in delivering their small commercial business, placing more than $200 million in premium annually. Details about its innovative online application, technology, and business model are available at www.insureon.com.


BBB Accreditation

A BBB Accredited Business since

BBB has determined that Bin Insurance Holdings, LLC meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.


Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that affect the rating for Bin Insurance Holdings, LLC include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 3 complaint(s) filed against business
  • Resolution of complaint(s) filed against business


Customer Complaints Summary Read complaint details

3 complaints closed with BBB in last 3 years | 2 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 1
Delivery Issues 1
Guarantee/Warranty Issues 0
Problems with Product/Service 1
Total Closed Complaints 3

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Bin Insurance Holdings, LLC
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: March 19, 2013 Business started: 04/09/2010 in IL Business started locally: 04/09/2010 Business incorporated 04/09/2010 in IL
Licensing, Bonding or Registration

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Illinois Department of Insurance
100 W. Randolph St. Suite 9-301, Chicago IL 60601
http://www.idfpr.com/doi
Phone Number: (312) 814-2420

Type of Entity

Limited Liability Company (LLC)

Business Management
Mr. Lou Friedmann, Senior Vice President Mr. Ted Devine, CEO Nicole Franke, Director Johanna Sandoval, Director
Contact Information
Principal: Mr. Lou Friedmann, Senior Vice President
Business Category

Insurance Agency Insurance - Accident & Health Insurance - Auto Insurance - Crop Insurance - Fire & Flood Specialists Insurance - Aviation Insurance - Bonding Insurance - Funeral Insurance - Health Insurance - Medicare Services Insurance - Medicare Supplement Insurance - Homeowners Insurance - Life Insurance - Long Term Care Insurance - Marine Insurance - Dental Insurance - Rental Insurance - Disability Insurance - Medical Liability Insurance - Property Insurance Consultants Retirement Planning Service Financial Services Insurance - Employee Benefits Business Consultants Consultant - Strategic Planning Consultant - Planning Property Management Property Management - Industrial & Commercial Business Services - General Insurance - Travel Insurance-Group Insurance Agencies and Brokerages (NAICS: 524210)

Products & Services

Bin Insurance Holdings, LLC sells the following brand(s): ACE Ltd., CNA Financial Corp, Hartford Insurance, Philadelphia Consolidated Holding Corp, Philadelphia Insurance, Travelers Companies Inc., USLI - Berkshire Hathaway Inc., Zurich Insurance Group

Bin Insurance Holdings, LLC offers the following product(s): Business Interruption Insurance, Business Owner's Policy (BOP), Commercial Auto Insurance, Commercial Property Insurance, Cyber Liability Insurance, Directors & Officers Insurance, Employment Practices Liability Insurance (EPLI) , Errors and Omissions (E&O), General Liability Insurance, Hired & Non-Owned Auto Insurance, Professional Liability Insurance, Umbrella Insurance

Method(s) of Payment
We accept most forms of payment, including checks and major credit cards.
Refund and Exchange Policy
You can cancel your policy at any time and the insurance carrier who insures your business will refund any premium owed to you. As the agency we do not issue the refund; the carrier does. However, as soon as you cancel your policy, you will no longer have any protection in place for potential claims and/or losses.
Alternate Business Names
Business Insurance Now Insureon
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BBB Customer Review Rating plus BBB Rating Overview


BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.
Details

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.