HO3
What structure type is eligible for TX HO3? (2)
Single Family Dwelling
Single townhouse unit
What age of condos is not eligible for coverage?
over 75 years old
What is the Default coverage B limit?
$0 (options of 0%-20%)
What are the liability limit options for PUP?
1 million and 2 million
Rod Simmons is the TSM for which Texas area?
Central and South Texas
What foundation type requires UW approval and possible surcharge if approved?
Open crawl pier & Beam
What is minimum coverage A for HO6?
$100k
What is the Max limit of units per Structure allowed on DP3?
4
What is the minimum underlying personal liability required?
$300K
What three social media platforms can ATI be followed on?
Facebook
Linked In
Instagram
What is the minimum AMPs ATI will accept on HO3 TX homes?
150 AMPS
If an agent calls asking what options we have for a dwelling with Window Units only, how would you'd advise?
Required professionally installed centrally and thermostatically controlled heat and central/ductless A/C to be eligible
What are the 3 main Occupancy UW guidelines for a tenant occupied dwelling?
Rented on a monthly basis or more
Less than 1 year subject to surcharge
Daily or weekly rental not eligible
What is the total incidents for all drivers combined in 3 years to be eligible?
5
31%+(fees) then 23% due on 2rd, 6th and 9th month from inception
What are the Occupancy requirements for Secondary or seasonal residence to be eligible?
Owner occupied on an inconsistent or non-continuous basis for at least 3 months per year
What are the two Tenant occupied situations accepted on HO6?
Longer term rental (more than 30 days per tenancy)
Short term rental , including home sharing (less than 30 days per tenancy)
If the home is under construction, what are the requirements for Dwelling under construction endorsement?
Dwelling must be completed and occupied within 120 days from date of Construction began
If a home owner has their primary home written as a DP3 with ATI , are they eligible for a PUP if all underlying requirements are met? why or why not?
No, The insured must have HO-3 or HO-6 for their primary home to be eligible for PUP
What email do you provide agents when referring to UW?
Texasunderwriting@alliedtrustins.com
What (3) loss history scenarios would make a home ineligible, if occurred in the last 3 years?
Risk with more than 1 theft and/or vandalism claim
Three or more claims with 3 or more different dates within 3 years
one or more non-weather losses with a payment of $20K
If a risk has an open, pending or unresolved claim, does this disqualify the property from coverage?
not immediately, Refer to UW for review
What three situations would required water damage limitation added to a DP3 that do not exist on a HO3?
Short term rentals
unoccupied 3 months or more
Dwelling with vacancy extension endorsement
If an 23 year old insured has the following underlying limits would they be eligible for a $2 million PUP with ATI?
500/500 Auto
$500K personal liability
500/500 Uninsured motorist coverage
no, 2 million PUP is not eligible for younger then 25 years old or older than 75 years old
If an agent was to call in and inform you that the only named insured has passed away, what documentation would you inform were needed to be processed?
Cancelation request signed by executor or personal rep of estate
Personal Rep Docs
Last Will and testament OR
Letters of Administration OR
Letter of Testamentary (LA only) or Death Cert (all states