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Program Description
General
- Firm quotes for completed app’s – quick turnaround – no agent binding authority
- Phone: 800-780-8423, Fax: 941-746-0304
- Underwriter: John Lamb – ext 1056
- Budget Payment Plan Available
- Hired and Non-Owned Auto, Employee Dishonesty, and Inland Marine available with package policies
- Mechanical Breakdown optional, but included in every property quote
- Package – Liability – triple aggregate
- Corresponding flood – with Service Ins. Co. - http://nfsmt.com
Eligibility
Requirements
- ACORD Application
- Supplemental Application – http://serviceinsuranceco.com.
- Diagram of distance between buildings – Minimum to rate separately - Frame – 50’, JM - 25’, MNC or better – 15’
- Wind mitigation affidavit (contractor section for completion date prior to 2003, top only for newer)
- Copy of Association By-Laws
Guidelines
- With wind - Built in compliance with 2001 Building Code
- Ex-wind in the wind pool, 10 years old and newer
- Full replacement cost required (west coast - not less than $75 per sq. ft., - east coast – not less than $85 per sq. ft.)
- JM or better statewide
- Frame - 10 miles inland, Hillsborough, Polk, Osceola, Brevard Counties and north (2 – 10 miles with underwriter approval)
- $5 Million per Building max (buildings with less than minimum separation – rated as one)
- 2500’ from coast (exceptions with prior underwriter approval)
- Calendar Year Deductibles – Hurricane - 3% - 3 miles inland, north of Palm Beach, Glades, and Charlotte Counties, 5% closer or further south – AOP - $5,000 - $25,000
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