Renters
This is how much our renters contract covers a member for in Medical Payments.
What is $5000
This is the amount of loss of use that is provided by our HO3 policy.
What is 20% of the dwelling amount?
This happens when a member's premium is broken up into 5 installments instead of 6.
What is short billing?
This state has requirements for in home day care and lead liability
What is Maryland?
This is the minimum amount that we can issue a jewelry collection for.
What is $2500?
This is the coverage provided to a member with a renters policy when their personal belongings are damaged by sinking, overturning, derailing of a conveyance and they have a bill of lading.
What is moving and storage coverage?
This provides our member an additional 25% of their dwelling coverage for debris removal, increase in building materials, inflation, etc.
What is Home Protector?
This is caused when a member changes their bill date and then has a last payment that includes their last installment and 1st installment of their renewal.
What is double billing?
In this state, you will find an added endorsement for workers compensation as well as a separate policy for earthquakes.
What is California?
These are the classes of items we can insure as a collection.
What are jewelry, stamps and coins?
This is the amount we provide for members Military gear
What is $10,000
This is the payout coverage we provide for other structures such as flag post, fence, sidewalk and pools.
What is ACV or actual cash value?
We send the list of insured to a mortgagee to receive payment for the renewal on this day.
What is the First Sunday of the month prior to the renewal date?
In Texas if a member needs coverage for constant seepage of water for longer than the 14days provided by the contract, then they should add this.
What is water damage coverage?
This is your per item LOA or Limit of authority.
What is $30,000?
These are the categories that have theft limits on a renters policy.
What are jewelry, firearms, silverware,goldware and pewterware
This is a discount a member can get for homes that are located in sites recognized by this recognition program that helps to reduce the risk of wildfire losses.
What is the Firewise dscount?
We pay this for the member up front but then allow them to pay it in installments.
What is the CEA policy.
The system will tell us that we aren't able to write in these locations due to do wildfires, lava, and high winds or storm surges.
What geo-hazard locations?
These are a few things you need to let the member know about the vpp. (name 3)
What is it's a separate policy, it covers at least 2 categories and losses such as ______ and _____ , with no deductible and it will cost you ____ per year/month?
This is the limit I have on my renters policy for business property off premises.
What is $250?
This is how long can a property remain unoccupied and still be insured for new business?
What is 90 days?
We do this to show the system that the mortgage company will be paying the insurance.
What is highlight paid through escrow?
In these 2 states, we can provide liability protection in the event that either a home heating oil tank or fuel tank leaks and causes contamination.
What are Massachusetts and New Jersey?
This is the process we follow if the item to be insured is more than $15,000 but less than $30,000.
What is request a current bill of sale of appraisal if not then add item and do prodoc and advise if not received after 30days the item will be removed?