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Underwriting Criteria
We target well-maintained one or two family, owner-occupied
homes valued between $80,000 - $750,000. We will consider
homes of all ages. Homes that are more than 50 years
old must have been renovated to comply with current
building codes within the last 15
years. (Evidence of sound condition and updates must
accompany your application.)
Eligibility
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Qualification
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Standard
Program
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Preferred
Program
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Age
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0-50
years*
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0-15
years
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Claims
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§
No
liability/animal-related losses
§
No
more than 1 fire loss paid in excess of $1,000
§
No more than 1 theft loss
§
Risks with 2 or more losses (excluding Acts of God – hurricane, hail,
tornado and lightning) within the previous 36
month period preceding the effective date
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§
Risks with 0 losses excluding
Acts of God (hurricane, tornado and lightning)
within the previous 36 month period preceding
the effective date or renewal
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Occupancy
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2
families maximum
1
renter or boarder
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Single family only, no renter
or boarder
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Distance
from
Tidal Water
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2,000
ft. or less and in wind pool
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2 or more miles except territories
039 and 040
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Protection
Class
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1-6
acceptable
7-10
submit only
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1-6
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Seasonal/
Secondary Residence
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Central
station alarm required
10%
surcharge
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Gated,
guarded or central
station alarm required
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Other Considerations
Following are some examples of the types of risks
we avoid:
- Homes with trampolines, pools with diving boards
or slides and/or pools that are not completely fenced,
walled or screened
- Homeowners with a past history of a bite or attack
by any domestic or non-domestic animal maintained
as a pet or any animal, which may be classified
as a vicious breed
- Prefabricated houses or modular homes built prior
to January 2002
- Homes classified as motor homes, house boats,
house trailers or trailer homes
- Vacant homes
- Homes in the course of construction prior to the
issuance of a certificate of occupancy
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