2019 Policy Quick Reference Sheet

Transcription

1 Main Form 2019 Policy Quick Reference Sheet BasicGUARD Owner Tenant Farm ONLY FL-1 Basic Form Coverage With Supporting Coverage Seasonal Without Supporting Coverage Minimum/Maximum $30,000 > 300,000 $30,000 > 600,000 $30,000 > 200,000 $30,000 > 200,000 No C - 20% of Coverage A C - 20% of Coverage A Fire Protection Classes 1 through 10 - (10 mile max) 1 through 10 - (10 mile max) 1 through 10 - (10 mile max) 1 through 10 - (10 mile max) 1 through 10 - (10 mile max) Roofing Corrugated Tin Composite Fiberglass or Asphalt Shingles Properly-installed, UL-Approved Solid Fuel (Wood/Pellet) Heating Devices acceptable provided an inspection is conducted, form is filled out, and Tenant-Occupied dwellings cannot have any Supplemental wood heat other than a decorative fireplace Wood Heat is highly variable in farm structures. Contact Underwriting before binding any farm structure with wood heat of any type. Properly-installed, UL-Approved Solid Fuel (Wood/Pellet) Heating Devices acceptable provided an inspection is conducted, form is filled out, and Criminal Personal & Farm Premises Only GL-600 Personal & Farm Personal & Farm Personal & Farm

2 Form 2 (Dwelling Replacement Cost) Contents - ACV Form 3 (Dwelling Replacement Cost) Contents - ACV Form 4 TenantGuard Contents Replacement Cost as an Option Form 5 (Dwelling Replacement Cost) Contents at Replacement COST Minimum/Maximum $60,000 > 400,000 $75,000 > 400,000 $10,000 > 100,000 $125,000 > 400,000 Main Form Form 2 Form 3 Form 4 Form 5 Age of Home Fire Protection Classes 2019 Policy Quick Reference Sheet 0-60 years old (15 years old or less if DoubleWide Mobile on permanent foundation) Double Wide Mobile 15 yrs or less on permanent foundation HomeOwners and TenantGuard 0-60 years old (15 years old or less if DoubleWide Mobile on permanent foundation) 1 through 10 - (10 mile max) Double Wide Mobile 15 yrs or less on permanent foundation n/a Frame Mobile Apartment Building 0-40 years old (15 years old or less if DoubleWide Mobile on permanent foundation) Double Wide Mobile 15 yrs or less on permanent foundation Roofing Any roof material in acceptable condition Insurance-To-Value Range 80% to 110% of e2value Replacement Cost Estimator D - 20% of Coverage A D - 20% of Coverage A n/a D - 20% of Coverage C Properly-installed, UL-Approved Solid Fuel (Wood/Pellet) Heating Devices acceptable provided an inspection is conducted, form is filled out, and 100% to 110% of e2value Replacement Cost Estimator Coverage Replacement Cost C - 70% of Coverage A D - 30% of Coverage A No Wood Heat Other than Decorative Fireplaces or Properly-Installed, UL-Approved Inserts Increased Coverage D Increased Coverage D Replacement Cost - Coverage C Boat Refrigerated Food Spoilage Increased Coverage D Criminal Personal (0-40 acres) & Farm Liability (0-1,000+ acres)

3 2019 Policy Quick Reference Sheet Mobile Home Programs OWNER OCCUPIED TENANT OCCUPIED 0-15 Model Years Old Model Years Old 31 + Model Years Old 0-30 Years Old 31 + Years Old Main Form FL-3 Special FL-2 Broad FL-1 Basic FL-2 Broad FL-1 Basic Minimum/Maximum $5,000 > 200,000 $5,000 > 200,000 $5,000 > 200,000 $5,000 > 200,000 $5,000 > 200,000 Fire Protection Classes (if shingles) 1 through 10 - (10 mile max) Single Wide Double Wide Triple Wide/Custom Roofing (other than standard mobile home metal) No Wood Heat Other than Factory-Installed Decorative Fireplaces No Inserts Coverage A Dwelling Replacement Cost Sewer Backup Coverage C - Owner Appliances Sewer Backup Coverage C - Owner Appliances Personal & Farm Premises Only GL-600 Criminal

4 SafeGuard Tenant SafeGuard Owner SpecialGuard - Tenant SpecialGuard - Owner Minimum/Maximum 50,000 > 600,000 50,000 > 400,000 50,000 > 600,000 50,000 > 400,000 Main Form FL-502 Broad Form ACV FL-502 Broad Form ACV FL-3 Special Form ACV FL-3 Special Form ACV (Dwelling Replacement Cost Option** available) (Dwelling Replacement Cost Option** available) (Dwelling Replacement Cost Option** available) (Dwelling Replacement Cost Option** available) Fire Protection Classes 1 through mile maximum Number of Living Units 2019 Policy Quick Reference Sheet 1 to 4 Living Units (All renter occupied) SafeGuard Single, Owner Occupied or One Unit of Dwelling Owner- Occupied 1 to 4 Living Units (All renter occupied) SpecialGuard Single, Owner Occupied or One Unit of Dwelling Owner- Occupied Age of Home Roofing Insurance-To-Value Range C - No Automatic Coverage Must rate out amount desired Tenant-Occupied dwellings cannot have any Supplemental wood heat other than a decorative fireplace Coverage C - Owner's Appliances Coverage E Farm Personal Property 0 to 100+ Years Old 0 to 60 Years Old 50% to 110% of e2value Replacement Cost Estimator Properly-installed, UL-Approved Solid Fuel (Wood/Pellet) Heating Devices acceptable provided an inspection is conducted, form is filled out, and Dwelling Replacement Cost** & Home Systems Protection C - No Automatic Coverage Must rate out amount desired Tenant-Occupied dwellings cannot have any Supplemental wood heat other than a decorative fireplace Dwelling Replacement Cost Coverage C - Owner's Appliances Coverage E Farm Personal Property 80% to 110% of e2value Replacement Cost Estimator Properly-installed, UL-Approved Solid Fuel (Wood/Pellet) Heating Devices acceptable provided an inspection is conducted, form is filled out, and Dwelling Replacement Cost** & Home Systems Protection Premises Only GL-600 Personal & Farm Premises Only GL-600 Personal & Farm -- - Criminal No Felony Convictions of ANY TYPE -- EVER No Other/Misdemeanor/Criminal Infractions involving Drugs, Violence, Fraud, or Neglect to pay Child Support ** To qualify for Dwelling Replacement Cost, at the time of application, home must be 50 years old or less and the roof must be 7 years old or less and in good condition.

5 2019 Policy Quick Reference Sheet VacantGuard and Vacant Land Liability VacantGuard VacantLand Liability Main Form FL-1 Basic Form Coverage GL-600 Liability Form Minimum/Maximum $30,000 > 200,000 $100K to $12M Liability Limits Policy designed for temporarily vacant dwellings due to: Changes in Employment Inheritance 'Flipping' or Rehabbing House Vacant Land must contain NO MANMADE structures other than a perimeter fence Properties WITH structures may qualify in BasicGUARD Farm No Automatic Property Coverages No Automatic Property Coverages Fire Protection Classes 1 through 10 - (10 mile max) No structures allowed on 'Insured Premises' If property HAS structures, go to the BasicGUARD FARM policy Roofing (other than standard mobile home metal) New through 15 years old with no missing, curled, or damaged shingles OLDER ROOFS MAY BE WRITTEN WITH ROOF EXCLUSION No structures allowed on 'Insured Premises' Liability Only - No Deductible None allowed No structures allowed on 'Insured Premises' Only options are those available for the GL-600 Premises Only Liability Criminal Premises Only GL-600 No Discounts Premises Only GL-600

6 Meramec Valley Mutual Insurance Company Form Comparisons for Named Peril Forms Basic FL-1 Perils Insured Against Coverages A, B, C, and D Broad Form FL-502 Perils Insured Against Coverages A, B, C, and D Broad Form - Form 2 Perils Insured Against Coverages A, B, C, and D BasicGUARD SafeGUARD Home Owners Fire or Lightning Fire or Lightning Fire or Lightning Explosion Explosion Explosion Windstorm or Hail Windstorm or Hail Windstorm or Hail Riot or Civil Commotion Riot or Civil Commotion Riot or Civil Commotion Aircraft Aircraft Aircraft Vehicles Vehicles Vehicles Sudden and Accidental Damage from Smoke Sudden and Accidental Damage from Smoke Sudden & Accidental Damage from Smoke Sinkhole Collapse Sinkhole Collapse Sinkhole Collapse Volcanic Action Volcanic Action Volcanic Action Vandalism (OPTION) Vandalism / Burglary Damage Vandalism Meramec Includes Limited Theft on Dwelling which is typically absent from other Mutuals Falling Objects Theft Falling Objects Weight of Ice, Snow, or Sleet Weight of Ice, Snow, or Sleet Sudden & Accidental Tearing Apart, Cracking, Burning, Bulging, of HVAC/Water Heater Sudden & Accidental Tearing Apart, Cracking, Burning, Bulging, of HVAC/Water Heater Accidental Discharge or Overflow of Liquids or Steam Accidental Discharge or Overflow of Liquids or Steam Freezing of Plumbing, HVAC, Sprinkling, Water Heater or Domestic Appliance Freezing of Plumbing, HVAC, Sprinkling, Water Heater or Domestic Appliance Sudden & Accidental Damage from Artificially Generated Currents. Sudden & Accidental Damage from Artificially Generated Currents.

7 Meramec Valley Mutual Insurance Company Special Form FL-3 SpecialGUARD and some Mobiles Form Comparisons for Special Forms Special Form - FORM 3 Homeowners Special Form - FORM 5 Preferred We insure property covered under Coverages A and B for risks of direct physical loss, unless excluded under Exclusions Applying to Coverages A and B or under the General Exclusions Exclusions Applying to Coverages A and B: Freezing, Discharge, Leakage, or Overflow - Unoccupied Residence Freezing, Thawing, Pressure, or Weight of Ice or Water (to swimming pools, docks, retaining walls, and others) Theft To Non-Integral parts of building Vandalism, Burglary Damage, or Glass Breakage to residence vacant 30+ days just before loss We insure property covered under Coverages A and B for risks of direct physical loss, unless excluded under Exclusions Applying to Coverages A and B or under the General Exclusions Exclusions Applying to Coverages A and B: Freezing, Discharge, Leakage, or Overflow - Unoccupied Residence Freezing, Thawing, Pressure, or Weight of Ice or Water (to swimming pools, docks, retaining walls, and others) Theft To Non-Integral parts of building Vandalism, Burglary Damage, or Glass Breakage to residence vacant 30+ days just before loss We insure property covered under Coverages A and B for risks of direct physical loss, unless excluded under Exclusions Applying to Coverages A and B or under the General Exclusions Exclusions Applying to Coverages A and B: Freezing, Discharge, Leakage, or Overflow - Unoccupied Residence Freezing, Thawing, Pressure, or Weight of Ice or Water (to swimming pools, docks, retaining walls, and others) Theft To Non-Integral parts of building Vandalism, Burglary Damage, or Glass Breakage to residence vacant 30+ days just before loss Seepage or Leakage Seepage or Leakage Seepage or Leakage Settling, Cracking, Shrinking, Bulging, or Expanding (pavements, outdoor structures) Bird, Vermin, Rodents, Insects, or Domestic Animals Settling, Cracking, Shrinking, Bulging, or Expanding (pavements, outdoor structures) Bird, Vermin, Rodents, Insects, or Domestic Animals Settling, Cracking, Shrinking, Bulging, or Expanding (pavements, outdoor structures) Bird, Vermin, Rodents, Insects, or Domestic Animals Smoke from Industrial or Agricultural Smoke from Industrial or Agricultural Smoke from Industrial or Agricultural Collapse (certain) Collapse (certain) Collapse (certain) Hail, Ice, Sleet, Snow, or Wind to Outdoor Antennas Pollution Pollution Pollution PLUS: General Exclusions including Business Interruption, Civil Authority,, Intentional Acts, Neglect, Nuclear, Ordinance, Power Disruption, War, Water, Wear and Tear, Weather, Conditions, Errors Omissions & Defects, and others. See actual policy forms for details.