Risky Business
Personal max limit of $100,000 for personal residential multiperil policies
What is liability?
A tree falls on the garage due to high winds and is paid out
What is a covered Wind claim?
I do not offer a burglar alarm credit
What is a DP1 (MDP1) policy form?
Needing a change? Well you can amend this deductible midterm
What is an All Other Perils Deductible?
Continuous period of unoccupancy of 3 or more consecutive months during a 1-year period.
What is seasonal?
A trampoline over a koi pond that rips and injury's the insured
What is a Non-Covered liability claim?
ALL exterior openings or ALL glazed exterior openings in buildings are fully hurricane protected
What is Class A Protection?
I'm not a very nice deductible, so you can only change me at your renewal
What is a Hurricane Deductible?
Rented to guests more than 3 times in a calendar year for periods of less than 30 days
What is Short Term Rental?
Whoops! Your basement floods after heavy rain. Oh well!
What is a non-covered Flood claim?
I offer a credit for Final roof permits completed after March 1, 2022
What is FBC Credit?
The limit of coverage paid if you do not participate in MRP
What is $10,000?
16 counties are prone to this type of Loss
What is Sinkhole?
Accidental discharge of water in your home? I do not have you covered!
What is an HO8 (or DP1) policy form?
Offers the luxury of a HO policy and allows this extra coverage for the tenant
What is Unit Owners Rental to Others coverage?
I can fluctuant between 25% to a max of 50% on certain policy forms
What is Ordinance Or Law Coverage?
Occurs when Citizens is bound to a new risk in violation of Citizens' underwriting guidelines
What is a Performance Violation?
You own the home, but I will not offer you liability and medical coverage
What is an LLC or Corporation (entity)?
A vetted network of licensed and insured contractors who will repair your home condition after an eligible claim.
What is a MRP Program?
I can be extremely difficult to get added to your policy.
What is Sinkhole Loss Coverage?