Personal Lines Underwriters

Transcription

1 Networked Insurance Personal Lines NW Territory

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3 Personal Lines Underwriters Ashley Hearing (530) Handles: Underwriting for clients last name A-L and All Fireman s Fund and CHUBB Gina Bajone (530) Gina.bajone@networkedins.com Handles: Underwriting for clients last name M-Z

4 Personal Lines CSR s Sara Zahm (530) sara.zahm@networkedins.com Handles:, Safeco, RLI, and Fireman s Fund

5 Personal Lines CSR s Allison Coulston (530) allison.coulston@networkedins.com Handles: Kemper, Encompass, Met Life Carolyn Moses (530) carolyn.moses@networkedins.com Handles: Hartford,

6 Personal Lines CSR s Amber Stone (530) amber.stone@networkedins.com Handles: Travelers

7 Personal Lines Tech s Trista Dutcher (530) trista.dutcher@networkedins.com Handles all pre-approval CLUE, MVR and mapping requests

8 Networked Markets Property Safeco Chubb Encompass Hartford Kemper** Travelers Fireman s Fund Met Life **Package only and Oregon Only

9 Networked Markets Auto Encompass Hartford Kemper** Travelers Fireman s Fund* Chubb* Met Life Safeco Minimum pref. limits 50/100/50,000 **Must be package and in Oregon only * Need supporting home

10 Networked Markets Monoline Products Excess RLI In Home Business RLI Motorcycles Foremost Watercraft Foremost Travelers Chubb Mobile Homes Foremost

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12 How do I bind a Personal Lines Account? VERY IMPORTANT: Our carriers do not allow us to extend binding authority to our affiliates. In order to expedite binding of your submission please follow these instructions carefully. To request binding fax or a completed submission to Networked (please note we treat all applications as bind requests). Please do not send applications for pre-approval. Within 24 hours you will receive an acknowledgement letter

13 How do I bind a Personal Lines Account Continued. Once the underwriter reviews the account you will then receive one of the following within 24 hours. o A Confirmation of Coverage if the submission is complete and the risk qualifies. **Please note coverage is not bound until you receive a confirmation of coverage from Networked. o An Additional Information Memo if the submission is incomplete. **Please note Networked will not bind coverage until all information is received and the effective date will be determined once submission is complete o A Declination Letter if the risk is unacceptable. **Please note another carrier will be offered if one is available

14 How to complete an Auto submission: Completed Acord Auto Application Prior Dec Page Copy of Agent s NLINK PL Quote Supplemental Forms/Items Signed UM Form May be carrier specific Proof for a not-at-fault accident (i.e. Police Report or letter of experience) Company Specific Supplemental

15 How to complete a Home submission Completed Acord Application Replacement Cost Estimator Agents Copy of the NLINK PL quote Supplemental Forms: Older Home Questionnaire Company Specific Wood Stove Questionnaire Company Specific Photos (if applicable)

16 Escrow Closes Networked understands the urgency of escrow closes. We have implemented the following for your convenience: Fax in a complete submission noting on the cover page that this is an escrow close. If you have scanning capabilities you can the submission directly to the underwriter to help expedite the procedure. Once faxed, contact the underwriter who will be handling the account to let them know you have sent in an escrow close and give the clients name. The underwriter will work that account first and contact you immediately to advise if an EOI can be issued or if additional information is needed. **Please note Networked does not require signatures to bind coverage for escrow closes**

17 Please mail all originals and down payment ( made payable to the carrier) to our office within 7 days of receipt of the confirmation of coverage. Please note since Networked holds the carrier appointment our affiliates are unable to contact the carriers directly. For any questions about a risk please contact Networked s Personal Lines Underwriting Department.

18 Encompass Insurance Co CSR: Sara Zahm Package Policies preferred A Package consists of the Auto & Primary Home (Homeowners, Condo Owners or Renters) Package policies can also include Boat, Dwelling Fire, Motorcycle, Recreational Vehicles, Motor Homes and Excess Liability All lines of business on one policy, one bill, one deductible, one installment fee. Offers two levels of coverage: Deluxe & Elite. Aggregate Property Limits. Will entertain family risks including youthful operators. **Lower commission paid on the vehicle the youthful is assigned to. Credit for existing insurance. Package discount is 12% off the home and 15% off the auto

19 Encompass Sales Tips Credit for existing insurance Write the home or auto with current effective date and the remaining line with a future effective date (must be submitted at the same time). Underwriting is once and done: The package is underwritten at the time it is submitted and not again when the second policy is effective. Gaps are covered: If the client has a claim that exceeds their primary policy prior to the Encompass policy taking effect, Encompass will cover the difference. (If a covered peril) Locked in rates: If the rates change before the second policy is effective the insured will continue to get the rate that was quoted. Package discount is applied.

20 Hartford Insurance Company : CSR: Carolyn Moses Currently writing Auto, HO3, HO4, HO6 and Dwelling Fire with supporting Home. Discounts: Account Credit Auto 10% Home 15%. New Home Discount up to 33% Domestic Partner Discount - married rate for couples in committed relationship or single parent with custody of children. Automatic Replacement Cost Protection for cars under 1 year old with less than 15,000 miles included with Comp and Collision. $10,000 Accidental Death Benefit included 30% surcharge for first loss, 50% surcharge for second loss

21 Kemper Auto & Home CSR: Sara Zahm Package Policies - Package Plus & Package Plus Classic Offers package policies Home, Auto, PA & Umbrella on one policy, one bill. Aggregate Property Limits on Package Plus Extended Replacement Cost Coverage (automatically included) provides 150% of the blanket limit, not just Coverage A Parked Auto Collision: Waives insured s collision deductible in the event that the insured s vehicle is hit while legally parked. Kemper Total: Includes Auto Loan/Lease coverage & Replacement Cost Coverage for the vehicle in event of total loss. Owned by Unitrin, A rated carrier. Kemper Package Plus gives your client approximately 14% discount on Auto and 12% discount on Home. CEC Credit for Existing Coverage endorsement allows the insured to have a future effective date on Home or Auto and still get the package discount.

22 Travelers Property & Casualty CSR s: Amber Stone Currently writing HO3, HO4, HO6, Auto, COC, Dwelling Fire (with supporting Home), Watercraft & Excess Subject to: CLUE, Insurance Score, & MVR s,. Discounts: 12% Degreed Professional and Account Credit 10% Auto & 15% Home. Will entertain family risks including youthful operators. (good student discount for youthful drivers with 3.0 GPA or better) COC policy available with endorsement covering building materials. No owner builders.

23 Fireman s Fund CSR: Sara Zahm Specializing in HV Property $500,000+, Auto, Dwelling Fire, Watercraft & Excess No Maximum Coverage A 200% Extended Replacement Cost Need to Write Home to Write Auto Send in Fireman s Fund Location Approval Worksheet

24 Chubb CSR: Allison Coulston Specializing in HV Property $400,000+. With primary home will also consider Auto, Dwelling Fire, Watercraft & Excess Subject to: Location and applicant acceptability Expert home appraisals and loss control evaluation upon issuing of the Homeowners policies. Deductible waived in the event of a loss exceeding $50,000 Customers enjoy superior claims service with maximum control over how, when, where and by whom property is replaced or repaired. 200% Extended Replacement Cost All risk on contents when written in the Deluxe program 24 hour minimum turn around on quotes

25 Thank you for your business!!!!! Networked Insurance Agents Personal Lines Team