TOWN & FARM MOBILE/MANUFACTURED HOMES OWNER OCCUPIED PROGRAM

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Rudolph Webb
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1 TOWN & FARM MOBILE/MANUFACTURED HOMES OWNER OCCUPIED PROGRAM RULES/UNDERWRITING GUIDELINES Page Standard Amounts of Coverage MH - 1 Eligible List MH - 2 Consideration List - Submit Non-Bound MH - 2 Prohibited List - Do Not Submit MH - 2 Description MH - 3 Perils Insured Against MH - 3 Optional Coverages MH - 3 DESCRIPTION OF RULES & RATES Mobile/Manufactured Home Rate Formulas MH - 3R Mobile/Manufactured Home Misc. Rates MH - 3R Preferred Mobile/Manufactured Home Rules MH - 4 Preferred Mobile/Manufactured Home Rates MH - 4R Class A 75 Mobile/Manufactured Home Rules MH - 5 Class A 75 Mobile/Manufactured Home Rates MH - 5R Class B 75 Mobile/Manufactured Home Rules MH - 6 Class B 75 Mobile/Manufactured Home Rates MH - 6R Class C 75 Mobile/Manufactured Home Rules MH - 7 Class C 75 Mobile/Manufactured Home Rates MH - 7R Mobile/Manufactured Home Contents Rules MH - 8 Mobile/Manufactured Home Contents Rates MH - 8R FMIC 5/2015 MH - 0

2 MOBILE/MANUFACTURED HOME PROGRAM The Mobile/Manufactured Endorsement is designed to be added to either the Home Protector or Farm Protector Policy and changes coverage A to the Mobile/Manufactured Home. The Standard Coverage Descriptions and Perils Insured Against are the same as either the Home or Farm Protector with the exception of those applicable to the Mobile/Manufactured Endorsement. Please refer back to those pages in the Homeowner or Farm Property Section of this Manual. STANDARD AMOUNT OF COVERAGE FOR TOWN: Under this policy, the following are included at no additional charge: 1. Preferred, Class A, B or C Owner-Occupied A. 75% of the amount of insurance on the Mobile/Manufactured Home for Unscheduled Personal Property; B. 10% of the amount of insurance on the Mobile/Manufactured Home for Auxiliary Private Structures (Town Only); C. 20% of the amount of insurance on the Mobile/Manufactured Home for Additional Living Expense. STANDARD AMOUNT OF COVERAGE FOR FARM: Under this policy, the following are included at no additional charge: 1. Preferred, Class A, B or C Owner-Occupied A. 75% of the amount of insurance on the Mobile/Manufactured Home for Unscheduled Personal Property; B. 20% of the amount of insurance on the Mobile/Manufactured Home for Additional Living Expense. FMIC 5/2015 MH - 1

3 MOBILE/MANUFACTURED HOME PROGRAM ELIGIBLE LIST The Insured may be:. Owner Occupied one family mobile/manufactured home.. Tenant of a mobile/manufactured home. CONSIDERATION LIST -- SUBMIT NON-BOUND The following risk may not be bound by the agent. Submit to the Company for underwriting approval:. Premises with questionable unsafe characteristics.. Premises with visible trash and debris that can be removed or cleaned.. Unfenced or inadequately fenced swimming pools.. Open pits or stone quarries on the Insured location.. Three losses in five years.. Mobile homes being remodeled or with unrepaired damage.. Vacant mobile homes. PROHIBITED LIST -- DO NOT SUBMIT The following risks are PROHIBITED:. Commercial risks.. Mobile/Manufactured homes with a manufactured date prior to Mobile/Manufactured homes less than 40 feet long and/or 10 feet wide.. Insureds with known vicious animals.. Home Day Care Operations with four or more children.. Mobile/Manufactured homes without interior plumbing.. Horse stables or training operations.. Breeding, raising or selling of dogs on the premises.. Insureds with known claim frequency (more than three losses in five years).. Mobile/Manufactured homes with more than two leinholders.. Mobile/Manufactured homes with more than two roomers or boarders.. Camper trailers.. Mobile/Manufactured Homes with wood burning appliances that were not factory installed.. Insured that has a bankruptcy or under bankruptcy proceedings.. Insured that has been convicted of a felony. See liability section of manual for the list of those not eligible for Personal Injury coverage. FMIC 5/2015 MH - 2

4 MOBILE/MANUFACTURED HOME PROGRAM DESCRIPTIONS: Manufactured Homes (commonly called Mobile Homes) These are homes that are built entirely in the factory under a federal building code administered by the U.S. Department of Housing and Urban Development (HUD). The HUD code went into effect June 15, Manufactured homes may be single- or multi-section. They are transportable permanent housing built on a non removable chassis and designed to be used as a dwelling with or without a permanent foundation. Running gear consisting of wheels, axles, suspension, and towing equipment may be removed while the mobile home is being lived in, but must be capable of being reinstalled. The name change from mobile home to manufactured home occurred in 1980 as designated by HUD. Mobile Homes This is the term used for factory-built homes produced prior to June 15, 1976, when the HUD Code went into effect. By 1970, these homes were built to voluntary industry standards that were eventually enforced by 45 of the 48 contiguous states. They are transportable permanent housing built on a chassis and designed to be used as a dwelling with or without a permanent foundation. Running gear consisting of wheels, axles, suspension, and towing equipment may be removed while the mobile home is being lived in, but must be capable of being reinstalled. PERILS INSURED AGAINST: The Perils Insured Against are the Basic and Broad Form Perils listed in the Home Protector and the Farm Protector policy. Please refer back to the Homeowner section of this manual for the town perils and the Farm Property section for the farm perils. OPTIONAL COVERAGES: The same optional coverages for the Homeowner or Farm Owner policies are available for mobile/manufactured homes. Please refer back to the Homeowner or Farm Property section of this manual for those options. Optional coverage specific to Mobile/Manufactured Homes are listed below. MOBILE/MANUFACTURED HOME ENDOREMENT (FMIC /08): This endorsement changes coverage A description to the Mobile/Manufactured Home. ADDITIONAL SECURED PARTY S INTEREST COVERAGE (FMIC /08) This optional endorsement is used to provide coverage to a secured party for loss caused by collision, conversion, embezzlement, and secretion of a mobile/manufactured home. FMIC 5/2015 MH - 3

5 Forreston Mutual Insurance Co. Mobile/Manufactured Home Misc. Rates Effective 5/2015 Use these rates to calculate premiums for coverage amounts not shown on the premium pages. THESE ARE BASE RATES FOR $500 DEDUCTIBLE. OTHER DEDUCTIBLES ARE SUBJECT TO DEDUCTIBLE FACTOR SHOWN BELOW. Base Rate Per $100 Coverage Policy Type Coverage Amount Fire Fire Fire Wind Mobile/Manufactured Homes FPC 1-5 FPC 6-8 FPC 9-10 Preferred $ 35, Class A-75 $ 20, Class B-75 $ 10, Class C-75 $ 5, Mobile Home Contents $ 5, Policy Fee $40 Minimum Premium Per Policy $50 Personal Property Replacement Cost Unscheduled Personal Property - Additional Auxiliary Private Structures (Town Only) - Additional Additional Living Expense Fire Department Service Charge - Additional Refrigerated Products - Additional Sump Pump Failure/Backup of Sewers or Drains 10% of the base premium (after discounts) 13 per $100 of insurance 40 per $100 of insurance 30 per $100 of insurance $1.00 per $100 of insurance $1.00 per $100 of insurance $20.00 per $1000 coverage with a $250 deductible. Identity Fraud Expense $5, Coverag$12.00 Flat Premium Earthquake Mine Subsidence See Earthquake section of this manual See Mine Subsidence section of this manual Additional Secured Party's Interest Coverage Boat Docks $25.00 Flat Premium Class C Outbuilding Rate Deductible Factors Ded. Factor Territory Factors Terr. Factor Calculate the premium for $500 $ See Page 13 in the General deductible using the rates above, then $ Section for a list of Territories by multiply by the appropriate factor to $ County calculate the premium for other $ deductibles. $1, $2, $3, $5, MH-3R

6 MOBILE/MANUFACTURED HOME PROGRAM PREFERRED MOBILE/MANUFACTURED HOME Perils Available Loss Settlement Types Available Basic Perils Actual Cash Value Broad Form Perils Replacement Cost Standard Amounts Min. Amount of Ins. Max. Binding Authority of Coverage $35,000. $150,000. HHG - 75% of Cov. A ALE - 20% of Cov. A APS - 10% of Cov. A - (Town Only) Personal Property Replacement Cost is included at no additional charge. Eligibility Requirements: 1. Must be a multi wide unit at least 22 feet in width and 40 feet in length and be of superior character and excellent repair. Premises must be neat and free from trash and weeds. 2. Must be set on a solid foundation along the exterior walls, connected to sanitary facilities and supplied by water from a continuous reliable source. 3. Must have approved electrical wiring and a heating system in excellent condition. No wood heat unless factory installed. 4. Must be Owner-Occupied as a permanent one family home. 5. Must be properly anchored in accordance with the Illinois Codes. 6. Must have a manufacturing date (age) of no more than 15 years. 7. When insured for replacement cost the unit must be insured for 80% of the replacement value. When insured for actual cash value (ACV) the unit must be insured for a minimum of the ACV which can not be less than 60% of the replacement cost. Inflation factor will apply. 8. Cost estimator and photographs (front and rear) submitted with application. 9. Readily accessible to a fire truck. FMIC 5/2015 MH - 4

7 Forreston Mutual Insurance Co. Preferred Mobile/Manufactured Homes Effective 5/2015 Fire + Wind Premium Amount of $1,000 $2000 $3000 Coverage DED DED DED MH-4R

8 MOBILE/MANUFACTURED HOME PROGRAM CLASS A MOBILE/MANUFACTURED - 75 Perils Available Loss Settlement Types Available Basic Perils Actual Cash Value Broad Form Perils Replacement Cost Standard Amounts Min. Amount of Ins. Max. Binding Authority of Coverage $20,000. $150,000. HHG - 75% of Cov. A ALE - 20% of Cov. A APS - 10% of Cov. A - (Town Only) Personal Property Replacement Cost is included at no additional charge. Eligibility Requirements: 1. Can be a single or multi wide unit of superior character and excellent repair. Premises must be neat and free from trash and weeds. 2. Must have a continuous permanent approved skirting enclosure, connected to sanitary facilities and supplied by water from a continuous reliable source. 3. Must have approved electrical wiring and a heating system in excellent condition. No wood heat unless factory installed. 4. Must be Owner-Occupied as a permanent one family home. 5. Must be properly anchored in accordance with the Illinois Codes. 6. Must have a manufacturing date (age) of no more than 20 years. 7. When insured for replacement cost the unit must be insured for 80% of the replacement value. When insured for actual cash value (ACV) the unit must be insured for a minimum of the ACV which can not be less than 60% of the replacement cost. Inflation factor will apply. 8. Cost estimator and photographs (front and rear) submitted with application. 9. Readily accessible to a fire truck FMIC 5/2015 MH - 5

9 Forreston Mutual Insurance Co. Class A-75 Mobile/Manufactured Homes Effective 5/2015 Fire + Wind Premium Amount of $1,000 $2000 $3000 Coverage DED DED DED MH-5R

10 CLASS B MOBILE/MANUFACTURED - 75 MOBILE/MANUFACTURED HOME PROGRAM Perils Available Loss Settlement Types Available Basic Perils Actual Cash Value Broad Form Perils Standard Amounts Min. Amount of Ins. Max. Binding Authority of Coverage $10,000. $70,000. HHG - 75% of Cov. A ALE - 20% of Cov. A APS - 10% of Cov. A - (Town Only) Personal Property Replacement Cost charge is 10% of Base Rate. Eligibility Requirements: 1. Can be a single or multi wide unit and be of above average repair. Premises must be neat and free from trash and weeds. 2. Must have a continuous permanent approved skirting enclosure, connected to sanitary facilities and supplied by water from a continuous reliable source. 3. Must have approved electrical wiring and a heating system in excellent condition. No wood heat unless factory installed. 4. Must be Owner-Occupied as a permanent one family home. 5. Must be properly anchored in accordance with the Illinois Codes. 6. Must have a manufacturing date (age) of no more than 25 years. 7. Must be insured for Actual Cash Value or current Market Value. 8. Cost estimator and photographs (front and rear) submitted with application. 9. Readily accessible to a fire truck. FMIC 5/2015 MH - 6

11 Forreston Mutual Insurance Co. Class B-75 Mobile/Manufactured Homes Effective 5/2015 Fire + Wind Premium Amount of $1,000 $2000 $3000 Coverage DED DED DED MH 6R

12 MOBILE/MANUFACTURED HOME PROGRAM CLASS C MOBILE/MANUFACTURED 75 Perils Available Loss Settlement Types Available Basic Perils Actual Cash Value Broad Form Perils Standard Amounts Min. Amount of Ins. Max. Binding Authority of Coverage $5,000. $70,000. HHG - 75% of Cov. A ALE - 20% of Cov. A APS - 10% of Cov. A - (Town Only) Personal Property Replacement Cost charge is 10% of Base Rate. Eligibility Requirements: This classification is for eligible Mobile/Manufactured Homes not meeting Class A or B requirements. However the following qualifications must be met: 1. Must be of good character and adequate repair and a manufactured date of 1977 or newer. Premises must be free from trash and weeds. 2. Must be Owner-Occupied as a permanent one family home. 3. Must be properly anchored in accordance with the Illinois Codes. 4. Must have a continuous permanent approved skirting enclosure, connected to sanitary facilities and supplied by water from a continuous reliable source. 5. Must have approved electrical wiring and a heating system in excellent condition. No wood heat unless factory installed. 6. Must be insured for Actual Cash Value or current Market Value. 7. Cost estimator and photographs (front and rear) submitted with application. 8. Readily accessible to a fire truck. FMIC 5/2015 MH - 7

13 Forreston Mutual Insurance Co. Class C-75 Mobile/Manufactured Home Effective 5/2015 Fire + Wind Premium Amount of $1,000 $2000 $3000 Coverage DED DED DED MH 7-R

14 MOBILE/MANUFACTURED HOME PROGRAM MOBILE/MANUFACTURED HOME TENANT-PERSONAL PROPERTY Perils Available Basic Perils Broad Form Perils Loss Settlement Types Available Actual Cash Value Replacement Cost Contents Standard Amounts Min. Amount of Ins. Max. Binding Authority of Coverage $5,000. $70,000. ALE - 20% of Cov. C Personal Property Replacement Cost charge is 10% of Base Rate. Eligibility Requirements: This classification is for a tenant living in a mobile/manufactured home. 1. Must be of good character and adequate repair. Mobile/Manufactured Home must have a manufactured date of 1977 or newer. Premises must be free from trash and weeds. 2. Must be properly anchored in accordance with the Illinois Codes. 3. Must have a continuous permanent approved skirting enclosure, connected to sanitary facilities and supplied by water from a continuous reliable source. 4. Must have approved electrical wiring and a heating system in excellent condition. No wood heat unless factory installed. 5. Photographs (front and rear) submitted with application. 6. Readily accessible to a fire truck FMIC 5/2015 MH - 8

15 Forreston Mutual Insurance Co. Mobile/Manufactured Home Contents Effective 5/2015 Fire + Wind Premium Amount of $500 $1,000 $2000 $3000 Coverage DED DED DED DED MH-8R

TOWN DWELLING/RENTAL PROGRAM

TOWN DWELLING/RENTAL PROGRAM RULES/UNDERWRITING GUIDELINES Page Standard Amounts of Coverage DW - 1 Perils Insured Against DW - 1 Eligible List DW - 2 Consideration List - Submit Non-Bound DW - 2 Prohibited