Auto
99
What is the # of apps submitted in December?
(1) Abrupt collapse
(2) Visible depression in ground
(3) Structural damage to home AND foundation
(4) Condemned and ordered to vacate
What are the criterial for Catastrophic Ground Cover Collapse coverage?
A sales promotion that runs every year from January thru March
What is Fast Start?
A Sales Promotion that runs from April 1 to June 30.
What is the 2023 Corporate Health Promotion?
A separate policy that can be purchased to cover damage from rising water.
What is Flood insurance?
An endorsement to an auto policy that provides coverage for Uber/Lyft drivers.
What is the TNC (transportation network company) endorsement?
A coverage that provides an additional 30% of Coverage A for living expenses while home is being repaired and uninhabitable.
What is Loss of Use?
A policy available for ages 45-80 that requires no underwriting.
What is a GIFE?
A policy that pays a monthly benefit between $300 to $3,000 for up to 3 years.
What is a Short Term Disability policy?
Due to an address change, the policy must be re-written like a new app, entering current policy info in the replacement details section.
What is a Renters Rewrite?
This competitor has taken almost 60% in rate increases since 2019.
Who is Allstate?
An additional 20% of the Coverage A amount applied when the cost of repairs exceed the coverage A amount.
What is Option ID?
What percentage % of GIFEs get issued automatically?
What is 97%
The number of days the Insured is disabled before we begin paying benefits.
What is the Elimination Period?
A wholly owned subsidiary of State Farm Mutual offering coverage to coastal homes with a replacement cost between $700,000 up to $5 million
What is Dover Bay?
561,320
What is the amount of new premium produced in 2022?
What is Dwelling Extension coverage?
37,501
What is the minimum amount of premium credits needed to begin earning points on the FS section of Scorecard?
A term used when you've returned to work but because of your sickness/injury, you're still under the care of a physician and you are earning at least 20% less than you were before.
What is Partial Disability?
Businesses in Florida are required to carry this coverage that is based on their annual payroll.
What is Workers' Comp?
175
What is the # of Scorecard points available in the Auto section of the Scorecard?
An optional coverage that can be purchased at 5% or 10% of coverage A.
What is Back-Up of Sewer or Drain? (BUSD)
During the 1st 2 policy years, if a death claim is filed, the Company will evaluate and validate the Manner & Cause of Death as either: Natural Causes, Accidental, or Suicide.
What is Limited Graded Death Benefit?
A term used when an insured is unable to do their regular duties for pay; they require a physician, and they are currently not working.
What is Total Disability?
The amount a competitor's policy must be HIGHER than a Citizen's quote in order to bind in Citizens when other offers are available.
What is 20% ?