AMERICAN INTEGRITY INSURANCE GROUP – HELPFUL HINTS HO3 - HOMEOWNERS

Transcription

AMERICAN INTEGRITY INSURANCE GROUP – HELPFUL HINTS HO3 - HOMEOWNERS
AMERICAN INTEGRITY INSURANCE GROUP – HELPFUL HINTS
HO3 - HOMEOWNERS
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Homes up to 75 years of age are eligible.
Running Financial Responsibility can lower a quote and won’t increase the premium or deny the insured coverage!
Homes over 30 years require a 4 point inspection showing that the plumbing, HVAC and electric have been updated in the past 15
years. Electrical updates require that circuit breakers and panels have been replaced and plumbing updates require that all plumbing
under the kitchen and bathroom sinks, toilets and hot water heater have been replaced. Asphalt or composition shingle roofs should
be replaced within the last 20 years.
Screen Enclosure endorsement provides coverage for the mesh screen as well as the aluminum frame, and is included at $20k value if
you add the Gold Reserve.
Proof of Updates Credit: 10% credit for homes 15 years and older if proof that the roof has been replaced within the past 5 years is
provided. Acceptable proof is a 4 pt inspection, receipts, contractor’s work order, or copy of permit.
Senior/Retiree Discount- Applicant is 55 and retired, or 60+ years of age.
Stand-alone Hip roof credit is available without providing the Wind Loss Mitigation Form.
DP1 – DWELLING FIRE
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Vacant homes are eligible under this program with the Consent to Rate form. 25% of the premium will be fully earned.
Coverage for the dwelling is ACV. A cost estimator with a depreciation factor should be used to determine Coverage A. The estimated
value determined by the cost estimator must meet our minimum coverage A of $100,000.
Vandalism and Malicious Mischief, Personal Liability, Screened Enclosure and Contents coverage are optional.
Homes of any age are eligible as long as they are maintained and in good condition. Coverage A up to $500k is available.
Homes with open foundation may be written on our DP1 program or our DP3 program with a premium surcharge.
No 4 point inspection required on any home.
DP3 – DWELLING FIRE
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We will accept up to 5 rentals per insured whether in the name of an individual or LLC. No more than 2 rentals on any one street to
avoid concentration of risk concerns.
No age restriction on homes. Can be written for a rental or primary residence.
Replacement Cost on a dwelling and the addition of the Limited Water Damage Endorsement is available for homes over 30 years of
age with proof of updates to plumbing, electrical, and HVAC in the past 15 years. Acceptable proof of updates includes a 4pt inspection
and/or receipts.
Running Financial Responsibility can lower a quote and won’t increase the premium or deny the insured coverage!
ALL LINES
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Flood insurance is available on any American Integrity policy or as a standalone policy through our partner Wright Flood.
Upload documents directly to the policy on our Agent System. It is no longer necessary to e-mail documents to
[email protected] or [email protected].
Ineligible dog list: Pit Bulls, Pit Bull Terriers, Staffordshire Terriers, Police Training attack dogs or any mixed breed that includes Pit Bull,
Wolf, or Wolf Hybrid and dogs that either have bitten or have a biting tendency.
Modular home construction may be written on all lines except manufactured homes and DCA sticker required.
Homes on the historical registry not eligible.
LLC –The only acceptable policy for a home that is owned by an LLC is a DP1 or DP3 with liability excluded.
Combination frame and masonry construction is rated as frame when the home is over 33% frame.
Please see the Agents Procedure Manual at www.aiicfl.com under tips & tricks for more detailed information on underwriting guidelines and
procedures and consult policy documents to fully understand any coverage, terms, conditions, limits and exclusions.
Remember to quote American Integrity on all your HO3, DP3, DP1, Vacant DP1, Flood and MH risks!
To contact American Integrity, please call 866-968-8390. Billing Option 3, Customer Care Option 4, Underwriting Option 6.
Overnight Payment Address:
American Integrity Insurance Co. of Florida (or AIIC)
5426 Bay Center Drive, Suite 650
Tampa, FL 33609
HH 0114 10
SUMMARY COVERAGE COMPARISON
(Check policy forms for exact coverage and exclusions)
Homeowners
Coverage
Section 1: A - Dwelling
Section 1: B - Other
Structures
Section 1: C - Contents
Section 1: D - Loss of
Use/Fair Rental Value
Section 1: E - Additional
Living Expense
Section II: E/L - Personal
Liability
Section II: F/M - Medical
Payments
Dwelling Fire
HO-3
Gold
Reserve
DP-3
DP-1
$150,000 to $1,500,000
Same as HO-3
$150,000 to $500,000
2% of Coverage A included;
1%, 5%, 10%, 15%, 20% available
Same as HO-3
1% to 20% of Coverage A
$100,000 to $500,000
10% of Coverage A included
(reduces Coverage A); Can
increase up to 70%
50% of Coverage A included;
0%, 25% to 75% available
10% of Coverage A
70% of
Coverage A
20% of
Coverage A
$0 to $250,000
$0 to 50% of Coverage A
Combined with E -10% of Coverage A included
10% of Coverage A included
(reduces Coverage A)
Combined with D -10% of Coverage A included
$100,000 included; $200,000 &
$300,000 available
$1,000 included; $2,500 & $5,000
available
$300,000
$100,000 or $300,000 available
$100,000 or $300,000
available
$5,000
$1,000 or $5,000 available
$2,000 available
Discounts Available
Age of Home
Limited Access
Gated Community
Financial Responsibility
Credit
Senior/Retiree
Hardiplank
Proof of Updates/New
Roof
Accredited Builder
Protective Devices
13 years and newer eligible for
discount
10%
15%
Same as HO-3
12 years and newer eligible for discount
N/A
Same as HO-3
Same as HO-3
6%
10%
N/A
N/A
10% or 20% per FRC
Same as HO-3
10% or 20% per FRC
N/A
10%
5%
Same as HO-3
Same as HO-3
5%
5%
N/A
5%
10% within last 5 years
Same as HO-3
N/A
N/A
5%
10% or 15% Fire Alarm;
5% or 10% Burglar Alarm
Same as HO-3
N/A
10% Fire Alarm; 15% or 30% Burglar Alarm on
optional theft
N/A
8% Fire Alarm;
7% or 15% Sprinkler Systems
Same as HO-3
Endorsement Coverage
New! Identity Recovery
New! Home Systems
Protection
New! Service Line
Loss Assessment
Mold, Fungi, Increased
Limits
Ordinance or Law
Optional
Included
N/A
Optional
Included
Optional
N/A
Optional
$2,000, $5,000 or $10,000
Condos issued with $2,000
Optional
$1,000 included; $5,000 & $10,000
available
$10,000/50,000 included;
$25,000/$50,000 & 50,000/$50,000
available
10% included; 25% & 50% available
Same as HO-3
Same as HO-3
$10,000/50,000 included;
$25,000/$50,000 & $50,000/$50,000 available
Same as HO-3
25% of Coverage A available
Limited Theft Coverage
Home Computer
Coverage
Personal Injury Coverage
Golf Cart Physical
Damage & Liability
Animal Liability
Sinkhole Loss Coverage
Pool Cage/Screen
Enclosure/Carport
$10,000 included
Vacant Dwelling Policy
Available
Vacancy Coverage
Water Back Up
Limited Water Damage
Replacement Cost
Dwelling
Replacement Cost
Contents
Identity Recovery
Scheduled Personal
Property
Special Personal Property
Dwelling Under
Construction
N/A
$5,000 available
Homes 40+ yrs; $10,000 available
$5,000 included
Same as HO-3
20% above Coverage A available
Same as HO-3
Optional
Included
Optional
Included
N/A
Homes 30+ yrs; $10,000 available
Coverage A; ACV on dwellings 30+ years unless proof
of updates
Actual Cash Value
Optional
N/A
N/A
Optional
Optional
N/A
Optional
Included
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N/A
N/A
N/A
Optional
Optional
Theft is a covered peril with certain
exclusions
Same as HO-3
Optional
N/A
Optional- Up to $20,000 available
$10,000
N/A
N/A
Optional
$300,000
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N/A
Optional
Optional
N/A
N/A
Excluded- Option to add $50,000
Liability/$5,000 MP
Optional
$10,000; $20,000; $30,000;
$40,000; $50,000
$50,000
Liability
Optional
N/A
N/A
Optional
Optional
$20,000
$10,000 to $50,000 in $1,000 increments
Optional
Replacement Cost
Same as HO-3
Replacement Cost ; ACV on dwellings over 30 years
unless proof of updates
Actual Cash Value
Actual Cash Value;
Replacement Cost is available
Replacement
Cost
Actual Cash Value; Replacement Cost available
Actual Cash Value
Loss Settlement
Structures
Personal Property
Claims- Risks with two or more non-weather related loss in the last 36 months are ineligible. Any risks with a personal liability or fire loss within the last 60 months are ineligible.
Risks with any prior sinkhole loss are ineligible.