Manufactured Homes
These are the three types of occupancies that are eligible under the MFH program.
What is Owner, tenant, seasonal?
True or False? I want to write a homeowners policy for an applicant. The home is titled in the name of a trust. As long as the trustee or beneficiary resides in the home, we can make the trust the named insured.
What is false?
Only an individual can be a named insured on a homeowner's policy. The trust can only be listed as additional insured.
This is what needs to be submitted with an RDP application.
What are agent front and back photos.
True or false, during a Moratorium agents are allowed to bind applications.
What is false?
This teammate will commonly refer to their lunch as "Keto Slop".
Who is Jonathan?
Coverage B is reduced to this amount when the rental endorsement is present on the MFH.
What is 5%?
These are eligible activities for the Special Events Endorsement.
What are weddings, funerals, birthday parties, baby showers?
This is the status that will show in Production Manager when an application has been successfully submitted.
What is Ready for RO?
This group is in charge of deciding when to issue and lift a moratorium.
What is CEM team? What is Catastrophic Exposure Management team?
This teammate is an entrepreneur and has also been a model.
Who is Stephanie?
These are ineligible roof types.
What are comp over wood shake or wood shingle. Comp rolled roofing, obsolete roofing material?
This is the max number of roomers or boarder allowed per the homeowners policy.
What is 2?
When an application is in "ready for SFPP" status and has not been submitted, this is the steps the agent should take to submit the application. Bonus- This is the status that will show in Production Manger once the application has been submitted.
What is go into Production Manager to the Billing and Payment Screen. Go to the question "put on SFPP?" Switch the answer from "yes" to "no" and hit save. Once the agent rechecks the status of the application, it should say "ready for RO".
Name 3 examples of events categorized as imminent danger when binding authority is suspended.
What are Earthquakes, Heavy rains, Hurricane, Tornado, Hail, Volcanic Eruption, Wildfire (Including brush or forest fire) or Other (fire, crime, looting, contamination, prolonged power outages in excess of 24 hours, or other imminent danger)?
Three teammates said that their favorite candy was resses peanut butter cup name all three.
Who are Lauren, Keaton, and John?
These are the questions that the agent should ask the applicant when writing a manufactured home.
What is the model year of the MFH and have there been any losses?
This is the limit of coverage that will extend to personal property at another location of the insured.
What is 10%?
This is the coverage A binding limit for the agent on a HO-W, and this is where we can find the binding limits for the agents.
What is 4 million? What is the Underwriting Resource. (ABS-Products-Homeowners-Products-Underwriting Resources?
During periods of imminent danger, name one thing agents are not authorized to do.
What is backdate applications, coverage changes, deductible changes or request reinstatements that would apply to a loss that occurred during imminent danger?
This teammate favorite movie is ratatouille.
Who is Gustavo?
These are three occupations that are eligible for Option IO-Incidental Business.
What is (Selling products out of the home: jewelry, cosmetics, Art including ceramics, Dance including aerobics and Jazzercise, Music both vocal and instrumental, Swimming taught by a certified instructor with no more than two students at a time, Tutoring, Yoga, Music recording, Photography, Picture framing, Accountant, Attorney, Bookkeeper, Commercial artist, Insurance agent Notary, Travel agent, Tax preparer, Telephone sales and solicitation, One-chair barber or beauty shop, including nails, manicure, massage or other spa services, except tanning, Consultants working exclusively with residential consumers or small business clients, Tailoring or sewing services, Computer repair, Cell phone repair, Crafts, including leatherwork, silk flowers, stained glass, stenciling, tole metal painting, and woodcarving)?
These are the new policy sub-limits for specific coverages when we add the Increased Limits Endorsement.
Increased Dwelling Coverage (Option ID)-150%
Money, Bank Notes, and Coins -2500
Securities, Accounts, and Deeds - 5000
Property used in a business- 25K on premise, 1500 off.
Watercraft and Equipment -10K
Trailers not used with Watercraft -5K
Stamps, Trading Cards, and Comic Books -5K
Trees, Shrubs, and Landscaping-5% of Cov A (10K per item.)
These are the steps PLCC can take to access the agent office Production Manager to check application status.
What is go to ABS-Agency Hub-ECRM-Drop-down tab at the top left of page that says Home-Select Production Manager from options. All you need is the agent code and we can look at the application status's.
When winds reaching speeds of 38-55mph (33-48knots) are expected in the area this warning is released.
What is a Gale Warning?
This teammate stated that one of their favorite hobbies is golf.
Who is Mitch?