Homeowners Program Florida

Transcription

1 Available in this Program Homeowners Package HO-3 Homeowners Package HO-8 Tenant Homeowner Package HO-4 Unit-Owner Package HO-6 Seasonal/Secondary Builder s Risk/COC Inland Marine Supplemental Guidelines In-Home Business Supplemental Guidelines Homeowners Program Florida Underwriting Guidelines and General Rates BINDING AUTHORITY Refer to your agency contract for specific binding authority. MINIMUM PREMIUM $500 per policy, excluding taxes and fees; HO-3 and HO-8 $350 per policy, excluding taxes and fees; HO-4 and HO-6 MINIMUM EARNED PREMIUM 25% is required. A higher minimum earned premium may charged as determined by agent. POLICY PERIOD The company requires that the Homeowners policy be written on one-year policy terms. Subject to continued acceptability of the risk, the policy can be renewed for successive one-year periods. All renewals are subject to the premiums, forms and coverages in force at the time of renewal. POLICY FEE A policy fee may be charged on each policy; amount to be determined by agent. APPLICATIONS A completed application, signed by the insured and the retail agent, is required on all policies. Complete underwriting information must accompany all submissions. SIC Company applications are available on the SIC Portal. A renewal application is not needed unless there are changes in coverage conditions or exposures. RENEWAL CERTIFICATES Renewal certificates may be used if there is no substantial change in exposure. ASSIGNMENT OR TRANSFER OF POLICY No assignment or transfer of this policy is allowed without the written permission of the company. INSPECTIONS AND/OR PHOTOS An inspection is required within 30 days of policy inception. Two photos of the front and back with Actual Cash Value (ACV) and Replacement Cost (RC) or Functional Replacement Cost (FRC) evaluations on all policies. New inspection and photos are required every third year of renewal or if coverage is allowed to lapse. 1 Revised 08/10

2 INSURANCE TO VALUE The company requires that all values be based on 100% of the Actual Cash Value (ACV), Replacement Cost (RC) or Functional Replacement Cost (FRC) value. An assessment of the property values should be done to determine the applicable actual cash value or replacement cost of all buildings and contents. CORPORATE OWNED PROPERTY Occupant of the property must be the principal of the corporation. Premises Liability limitation form HOS-96s is required when writing liability. WOODSTOVE/COAL BURNING QUESTIONNAIRE (UTX-QUES-304) AND PHOTO Required on all new business with supplemental woodstove/coal heat. ELIGIBILITY Homeowner Package & Unit-Owners Policy (HO or HO 00 06) The dwelling, condominium or co-operative unit must be owner occupied and used exclusively as a private residence. Dwelling must not contain more than two single-family residential units. (Applicable only to HO ) Wiring, Heating and Plumbing must have been fully updated within the past 50 years. Roof must be excluded if not fully updated in the past 25 years. Contact Underwriting for exceptions such as slate and metal roofs. Homeowner Policy (HO 00 08) The dwelling must be owner occupied and used exclusively as a private residence. Dwelling must not contain more than two single-family residential units. Wiring and Heating must have been fully updated within the past 50 years. Roof must be excluded if not fully updated in the past 25 years. Contact Underwriting for exceptions such as slate and metal roofs. Tenant Homeowners Policy (HO 00 04) For tenants of a dwelling or apartment situated in any building; or the owner occupant of a dwelling, cooperative unit or of a building containing an apartment not otherwise eligible for a Homeowner Policy. This is subject to the residence premises occupied by the insured is used exclusively for residential purposes and is not occupied by more than one additional family. SUBMIT Over binding authority Risks with more than two losses in the last three years regardless of the value of the loss Risks with a loss in excess of $10,000 Risks with fuses 2 Revised 08/10

3 SUBMIT (continued) Risks with existing damage or unsettled loss Bankruptcy, repossession or foreclosure (if closed) within the last three years Risks with TIV over $500,000 (A, B, C and D added together) in Protection Class 9 or 10. (PC 9 and 10 questionnaire, UTX-321, required) Seasonal/Secondary risks in PC 9 or 10 Dwellings or adjacent structures with a commercial exposure Personal property in units adjoining commercial occupancies Participating or Excess policies All requests to add an additional insured Risks with unfenced swimming pools and/or trampolines Business Pursuits (Exposure may be eligible for In-Home Business Homeowners Package Policy.) Professional athletes and individuals in the entertainment industry Risks with lapse in coverage over 30 days PROHIBITED COVERAGES AND RISKS Any open bankruptcy/foreclosure/repossession (if open) within the past three years Dwellings with more than two mortgagees Woodstoves, space heaters, kerosene or coal burning stoves as primary source of heat Vacant or Unoccupied Farm and Ranch Properties Mobile Homes DIC (Difference in Conditions) Replacement Cost on Hand-Hewn Log buildings PROHIBITED FOR LIABILITY COVERAGE Risks with non-domestic, guard or vicious animals Home Day Care exposures with swimming pool, trampoline and/or dogs Liability extended to daily rental properties Note: When issuing a HO policy without Liability, the declaration page must show Not Covered for the Liability section and all Liability forms must be deleted. CONSTRUCTION DEFINITION Masonry Exterior walls must be made of 100% non-combustible materials such as: adobe, brick, concrete, gypsum block, hollow concrete block, stone, tile or similar materials Frame If any portion of the exterior walls is made of combustible materials, it must be rated as Frame. This includes Stucco, EIFS, Hardi Board, Joisted Masonry, Masonry/Brick Veneer and Mixed (Masonry/Frame) construction methods. 3 Revised 08/10

4 TERRITORY DEFINITION Territory 1 Broward, Monroe, Palm Beach Territory 2 De Soto, Hardee, Highlands, Manatee, Pasco Territory 3 Alachua Holmes Orange Baker Jackson Osceola Bradford Lafayette Putman Calhoun Lake Seminole Clay Leon Sumter Columbia Liberty Suwanee Gadsen Madison Union Gilchrist Marion Washington Hamilton Territory 4 Brevard Gulf Pinellas Bay Hendry Polk Charlotte Hernando St. Johns Citrus Indian River St. Lucie Collier Jefferson Santa Rosa Dixie Lee Sarasota Duval Levy Taylor Escambia Martin Volusia Flagler Nassau Wakulla Franklin Okaloosa Walton Glades Okeechobee Territory 5 Hillsborough Territory 6 Dade 4 Revised 08/10

5 Property Rating Exceptions (Surcharges and Credits) DEDUCTIBLE A deductible of $500 All Other Perils (AOP) is standard on all HO policies. A minimum of $1,000 Wind and Hail deductible is required. Optional Deductibles $1,000 deductible all perils credit 10% $2,500 deductible all perils credit 15% $5,000 deductible all perils credit 20% PREMISES ALARM AND FIRE PROTECTION SYSTEM CREDITS Local Alarm credit 2% Central Station Fire Alarm only credit 5% Central Station Burglar Alarm only credit 5% Central Station Fire and Burglar Alarm credit 10% Attach form HO 04 16, Premises Alarm or Fire Protection System. ADDITIONAL CREDITS A 10% credit for new homes 10 years old or newer MITIGATION CREDITS (not available on ex-wind business) 10% credit for roof equipped with hurricane straps 5% credit for Hip Roof 5% credit for Impact Resistant Glass 5% credit for Wind Shutters WIND GUIDELINES Statewide Definition of coastal waters: island, gulf, ocean, bays and intercoastal Maximum allowable TIV of $1,000,000 (Coverages A, B, C and D added together) Roof Updates: o All roofs must be updated within the last 25 years. If not updated, roofs must be excluded **See ex-wind guidelines and rates Monroe County **Exclude wind and hail on all risks Broward, Miami-Dade, and Palm Beach Counties **Exclude wind and hail within three (3) miles of coastal waters 5% wind & hail deductible for the remainder of these counties 5 Revised 08/10

6 WIND GUIDELINES (continued) Hillsborough County Please refer to Remainder of State guidelines HOMEOWNERS AR Panhandle* All construction built 2002 or newer **Exclude wind and hail within two (2) miles of coastal waters 5% wind and hail deductible over two (2) miles of coastal water (subject to $1,000 minimum) *Panhandle Counties are: Escambia, Santa Rosa, Okaloosa, Walton, Holmes, Jackson, Jefferson, Leon, Wakulla, Washington, Calhoun, Bay, Gulf, Liberty and Franklin. Remainder of State **Exclude wind and hail within one (1) mile of coastal waters 5% wind and hail deductible within one (1) to 10 miles of coastal waters (Subject to $1,000 minimum) 2% wind and hail deductible over 10 miles from coastal waters (Subject to $1,000 minimum) WOODSTOVE If the residence has any type of wood or coal burning facility, surcharge an additional $50 per location. LIMITED ANIMAL LIABILITY $10,000 animal liability is included within the base policy premium by attaching form UTS-360s. The above form excludes liability for the following breeds of dog: Rottweiler, Doberman Pinscher, Akita, Bullmastiff, wolf hybrids, Chow Chow and Pit Bull, including but not limited to, American Staffordshire Terrier, Staffordshire Bull Terrier or American Pit Bull Terrier and/or any animal liability for attack, nondomesticated or guard dogs. Animals with previous bite history Animal sublimit not available. Do not attach the Limited Animal Liability form, UTS-360s EXTENDED LIABILITY Liability may be extended to any owned one or four family dwelling. Form HOS-44s. 6 Revised 08/10

7 EX-WIND GUIDELINES AND RATES In addition to the general Homeowner Guidelines PC 1-8 PC 9-10 Deductible Frame Masonry Frame Masonry $ $1, $2, $5, Apply rate to total TIV per $100 (Coverages A+B+C+D added together) Apply all surcharges/credit percentages if applicable (other than AOP deductible credits) Available on HO-3, HO-4, HO-6 and HO-8 SEASONAL/SECONDARY HOMEOWNER GUIDELINES In addition to the general Homeowner Guidelines: HO-8, HO-3 and HO-6 eligible Minimum Deductible $1,000 (no credit) Surcharge base premium 10% Regular monitoring or caretaker required Owner occupied only Do not attach UTS-32g. Submit: o Coverage A values below $75,000 o Protection Class 9 or 10 BUILDERS RISK / COURSE OF CONSTRUCTION (COC) GUIDELINES In addition to the State Homeowner Guidelines: HO-3 eligible and must be written on an annual basis Fully completed and signed Scottsdale Builder s Risk Supplemental application Coverage must be written for 100% of completed dwelling amount A minimum of $2,500 AOP deductible applies Add minimum $100 flat charge to the base Homeowner program premium Attach HOS-93s, HOS-95S and HOS-111s in addition to all other applicable forms Contractor must be a licensed / insured builder Contractors may not be listed as Additional insureds All renewals must be submitted for approval Conversion to full HO-3 policy is optional upon completion Liability is not available if insured is builder/contractor 7 Revised 08/10

8 BUILDERS RISK / COURSE OF CONSTRUCTION (COC) GUIDELINES (CONTINUED) $25,000 Theft of Building Materials is included and requires: Preventive measures be taken to protect property, including locking up valuable items from public view Regular visual inspection of property by owner/builder/ contractor Materials delivered when needed and not stock piled or stored on site Building and materials should be secured as soon as possible Site lighting and fencing are recommended 8 Revised 08/10

9 AVAILABLE LIMITS Homeowners (HO-8, HO-3) Minimum Maximum Dwelling (Coverage A) $5,000 Submit if over Binding Authority Adjacent Structures (Coverage B) 10%* 200%* Unscheduled Personal Property (Coverage C) 50%* 100%* Loss of Use (Coverage D) 10%* 20%* Loss Assessment $1,000 $25,000 Tenant Homeowners (HO-4) Minimum Maximum Unscheduled Personal Property (Coverage C) $5,000 Submit if over Binding Authority Loss of Use (Coverage D) 10%** 100%** Loss Assessment $1,000 $25,000 Unit-Owners (HO-6) Minimum Maximum Dwelling (Coverage A) (Additions & Alterations) $1,000 Submit if over Binding Authority Adjacent Structures (Coverage B) N/A N/A Unscheduled Personal Property (Coverage C) $5,000 Submit if over Binding Authority Loss of Use (Coverage D) 10%** 100%** Loss Assessment $1,000 $25,000 If Liability is written the following applies: All Policy Options Minimum Maximum Liability (Coverage E) $25,000 Submit if over Binding Authority Medical Payments to Others (Coverage F) $500 $10,000 * Based on limit of liability requested for Coverage A. ** Based on limit of liability requested for Coverage C. 9 Revised 08/10

10 NP = Named Perils Only BF = Broadform DPL = All Direct Physical Loss to Property ACV = Actual Cash Value RC = Replacement Cost FRC = Functional Replacement Cost Please refer to Coverage Form for specific Definitions, Conditions, Exceptions and Exclusions. All conflicts in Definitions or Coverages offered will default to the Coverage Form attached to the policy. Homeowners Program Florida PROGRAM OPTIONS AVAILABLE Coverages Available Homeowners Package Buildings Personal Property Surcharges/Credit Base Rates HO NP/FRC NP/ACV +5% HO with HO NP/ACV NP/ACV Use Base Rates HO with HO NP/FRC NP/RC +10% HO with HO and HO NP/ACV NP/RC +4% HO DPL/RC NP/ACV +10% HO with HOS-112s DPL/RC DPL/ACV +25% HO with HO DPL/ACV NP/ACV +5% HO with HO DPL/RC NP/RC +15% HO with HO and HOS-112s DPL/RC DPL/RC +30% HO with HO and HO DPL/ACV NP/RC +8% Coverages Available Tenant Homeowners Personal Buildings Property Surcharges/Credit Base Rates HO No Coverage BF/ACV -30% HO with HO No Coverage BF/RC -20% 10 Revised 08/10

11 NP = Named Perils Only BF = Broadform DPL = All Direct Physical Loss to Property ACV = Actual Cash Value RC = Replacement Cost FRC = Functional Replacement Cost Please refer to Coverage Form for specific Definitions, Conditions, Exceptions and Exclusions. All conflicts in Definitions or Coverages offered will default to the Coverage Form attached to the policy. Homeowners Program Florida PROGRAM OPTIONS AVAILABLE (CONTINUED) Coverages Available Unit-Owners Homeowners Buildings Personal Property Surcharges/Credit Base Rates HO BF/RC BF/ACV -35% HO with HO BF/ACV BF/ACV -40% HO with HO DPL/RC BF/ACV -30% HO with HO and HO DPL/RC BF/RC -25% HO with HO BF/RC BF/RC -30% HO with HO and HO BF/ACV BF/RC -30% 11 Revised 08/10

12 INCREASED LIMITS AND RATES In addition to the basic coverages, the following increases are available when the premium indicated is charged: Adjacent Structures To increase above the 10% included (per $1,000 of additional coverage requested): Masonry Territory 01 $5.00 $6.00 Territory 06 $5.25 $6.90 Remainder of State $4.00 $5.00 Frame Personal Property To increase above the 50% included (per $1,000 of additional coverage requested): Masonry Territory 01 $5.00 $6.00 Territory 06 $5.25 $6.90 Entire state $3.00 $4.00 Frame Loss of Use To increase limits over the 10% included (per $1,000 of additional coverage requested): Masonry Entire state $3.00 $4.00 Frame Unit-Owners Building Coverage To increase limits over the $1,000 included (per $1,000 of additional coverage requested): Masonry Entire state $4.00 $5.00 Frame Loss Assessment Increased Limits To increase limits over the $1,000 included (per $1,000 of additional coverage requested): Masonry Entire state $4.00 $5.00 Frame Ordinance or Law Increased Coverage To increase coverage over the 10% of Coverage A included amount (per $1,000 of Coverage A limit) Total Limit 15% of Coverage A.15 25% of Coverage A.30 Rate Attach form HO Revised 08/10

13 Personal Liability To increase above the $25,000 included: Liability Limit Premium $ 50,000 $ 14 $ 100,000 $ 20 $ 300,000 $ 46 $ 500,000 $ 59 $1,000,000 $118 Secondary/Additional Residence Rented to Others Attach HOS-44s and add the following additional premium to Personal Liability for each additional location: Liability Limit 1-2 Family 3-4 Family $ 25,000 $ 46 $ 49 $ 50,000 $ 66 $ 72 $ 100,000 $ 99 $107 $ 300,000 $131 $142 $ 500,000 $157 $178 $1,000,000 $314 $356 Personal Medical Payments/Medical Payments to Others Liability Limit Primary Residence Additional Residences $ 500 Included Add $9 $1,000 Add $9 Add $13 Each additional $1,000 Add $8 Add $8 Maximum available limit is $10,000 Acreage Number of Acres Premium 0-5 Included 6-25 $2.50 Per Acre or $25.00 (whichever is greater) 25+ Submit 13 Revised 08/10

14 OPTIONAL COVERAGES Personal Injury (Available on primary owner-occupied locations only) Limit must be equal to the basic liability limit. Attach form HO All Target risks are to be submitted to the Company. Premium: Limit Premium $ 25,000 $10 $ 50,000 $15 $ 100,000 $20 $ 200,000 $25 $ 300,000 $30 $ 500,000 $40 $1,000,000 $75 Extended Replacement Cost Amount Surcharge 25% 10% of Coverage A premium Complete and attach form HO Coverage is only available with form HO-3. Building must be 50 years old or newer to qualify for coverage. Home must be insured to 100% replacement cost and an inspection is required. Water Backup and Sump Discharge or Overflow (providing there are no prior water losses of this type). Limit Premium $ 5,000 $100 $10,000 $150 $25,000 $250 Complete and attach form HOS-88S. Coverage is only available with form HO-3. Deductible must be a minimum of $250. Identity Fraud Expense Coverage Limit Premium $15,000 $25 Attach form HOS-87s. Coverage is available on all homeowner coverage forms. $250 deductible, subject to no prior identity fraud losses. 14 Revised 08/10

15 Eco Homeowners Coverage Available on HO-3 Charge 2% of the base premium, attach form HOS-108s Upgrade to Green Coverage Available on HO-3. Policy must include Personal Property Replacement Cost coverage. Charge $.02 per $100 of TIV, attach form HOS-107s In Home Business Refer to In Home Supplemental Coverage Guidelines or the company underwriter for availability. Inland Marine Supplemental Refer to Inland Marine Supplemental Coverage Guidelines or the company underwriter for availability. In-Home Day Care Coverage is available for a maximum of five children. In-Home Day Care liability limit must equal the Personal Liability limit. Sexual and/or physical abuse limit of $25,000 is included, with no option to increase. Additional premiums are applied on a Per Child basis. Liability Limit Premium $ 25,000 $27 $ 50,000 $33 $100,000 $46 $300,000 $62 $500,000 $72 Note: These premiums are separate from the Personal Liability limits. 15 Revised 08/10

16 Inland Marine Supplemental Guidelines UNDERWRITING REQUIREMENTS Central station alarm required if total values exceed $25,000 Certified appraisals are required on items valued over $2,500 and must be less than three years old Appraisals must be received within 30 days of binding A completed application or SIC supplement, including the insured's occupation(s) and signature, is required DWELLING 2002 MI SUBMIT Any single item over $10,000 Scheduled values exceeding a total of $50,000 Any prior Inland Marine loss Extensive travel Gems not in a setting Musical Instruments used professionally PROHIBITED More than one Inland Marine loss within the past three (3) years Computer equipment, baseball cards, comic books and/or collections where values fluctuate frequently. Blanket Coverage Artist s Own Work Hearing Aids RATES Jewelry Broward, Dade and Palm Beach Counties Ladies Mens Remainder of State Ladies Mens 3% 4% 2% 3% Furs.75% Silver 1% Fine Arts.75% Including Breakage 1.5% Cameras 2% Postage Stamps 2% Coins 2% Musical Instruments (Personal Use) Professional Use Submit 1% 3% Golfer's Equipment 1.5% Guns 2% 16 Revised 08/10

17 GUIDELINES FOR IMS-15 Include the corresponding clause numbers for each type of property you are writing. Jewelry Musical Instruments #1 #2 if vault coverage #5 if alarm required #7 #9 #12 if residence safe #13 if applicable #14 Furs #1 #5 if alarm required #9 #11 #13 if applicable #14 Silver #5 if alarm required #9 #10 #13 if applicable Fine Arts #4 if carpets #5 if alarm required #8 #10 #11 #13 if applicable #5 if alarm required #8 #9 #11 #13 if applicable #14 Guns #5 if alarm required #6 #9 #13 if applicable #14 Stamps and Coins #5 if alarm required #9 #10 #13 if applicable #14 Cameras #3 #5 if alarm required #9 #13 if applicable #14 Miscellaneous #5 if alarm required #13 if applicable #14 17 Revised 08/10

18 In-Home Business Supplemental Guidelines ELIGIBILITY An in-home business includes a retail or service business operated from the insured's place of residence having the following characteristics. It must: Be operated by the insured and/or another immediate family member who resides in the insured's household Employ no more than three employees, other than independent contractors or distributors Occupy less than 50% of the available residence area Be incidental to the occupancy of the building as a private residence IN-HOME BUSINESS GUIDELINES All risks must meet the following Underwriting Guidelines. The limit of insurance for business personal property must equal 100% of ACV or replacement value The applicant does not operate any other business at a different location under the same legal name as this business The dwelling is not a mobile home or trailer The applicant s occupation must not be a target occupation of a professional entertainer, athlete, media personality, state or federal political figure The applicant does not directly import foreign products The applicant does not repackage food or personal care products to be sold under his/her own label The applicant is not involved in the sale or manufacturing of explosives or propellants, or any other hazardous product No single item of merchandise the applicant sells directly is valued in excess of $2,500 The applicant does not install any products, excluding installation of computer systems, office equipment or indoor window coverings 18 Revised 08/10

19 SUBMIT ITEMS The following item(s) are in addition to the Submit Items located in the Homeowners Package Program Guidelines. Any business-related claim within the last three years More than $25,000 business personal property value More than 5,000 square feet of total floor area for the residence, including basements, garages and outbuildings within 100 feet of the residence. Regardless of area of the residence, no more than 50% may be used for the business activity. Maximum gross annual sales/receipts derived from the business activity of $150,000 for sales of merchandise or $350,000 for a service business The following lists are the only businesses eligible. Professional Liability is excluded on all classes except Daycare. Type of Business Rate Group Abstracting and Indexing Service 2 Accounting Service 2 Adjuster (Public or Independent Claim Adjuster) 2 Advertising Specialty Items Sales 2 Antique Gallery/Shop (1) 1 Appraisal Service 2 Art Gallery/Art Studio (1) 1 Artist Supplies 1 Auctioneer 1 Bakeries 3 Barber Supplies 1 Beauty Supplies 1 Book/Magazine Distributor 2 Bookbinding 1 Bookkeeping Service 2 Camera/Photography Sales or Repair 3 Candy/Nut Confections 1 Ceramics 1 Clock or Watch Repair 1 Clowns, Magicians, Entertainers excluding Bands and Disc 3 Jockeys Computer Consultants and Trainers who are not involved in 2 development of custom applications/programs Computer and VCR Repair 3 Computer Service Bureau 2 Cosmetics Sales (Avon, Mary Kay, etc.) 1 19 Revised 08/10

20 Type of Business Rate Group Crafts 1 Day Care See Separate Rates and Guidelines Desktop Publishing 2 Distributor of Household Products (Amway, Fuller Brush, Shaklee, etc.) Draftsman 2 Editorial Service/Proofreaders 2 Engraving 3 Expert Witness Consultants 2 Financial Planning, excluding discretionary trading authority 2 and/or access to customer s funds Floral Arrangement 1 Food Broker 2 Food Supplements/Vitamins 1 Framing 1 Gift Delivery Service (Balloons, Gift Baskets, etc.) 2 Gift Shop 1 Glassware 1 Graphic Artist/Designer 2 Hearing Aid Sales 1 Hobby and Model Supplies excluding explosives and propellants, glues and paints 3 Information Search Retrieval 2 Insurance Agent 2 Interior Decorator 2 Jewelry (costume) 1 Kitchen Supplies (Tupperware, etc.) 1 Ladies /Girls Clothing, Accessories 1 Lingerie 1 Leather Goods 1 Loan Originator Service 2 Locksmith 1 Market Research 2 Medical Billing Service 2 Medical Claims Processing 2 Men s/boy s Clothing, Accessories 1 Musical Instrument Sales/Repair 1 Pay Telephone Provider Revised 08/10

21 Type of Business Rate Group Personal Care Products 1 Personalized Books and Gifts 2 Photographer/Photography Studio 3 Professional Organizer 2 Real Estate Agent 2 Religious Goods 1 Residential Inspection Service 2 Resume Service 2 Rubber Stamp Business 2 Secretarial Service 2 Shoe Repair 3 Stationery and Paper Goods 1 Tailoring, Alterations, Seamstresses 1 Teachers/Tutors except sports, physical education, industrial or martial arts (2) Telemarketing, Telephone Solicitation with no more than three (3) phone lines involved Telephone Answering Service/Voic 2 Toner Cartridge Recharging 3 Transcribing, Court Reporters 2 Translator 2 Trophy Sales 1 Video and Music Sales/Rental 1 Wedding and Party Planners 2 Wedding Cake and/or Cookie Sales 3 Windshield Repair 1 Wood Products excluding toys and furniture manufacturing 1 Word Processing Revised 08/10

22 In-Home Business Rates In-Home Business Coverage is offered as an extension to the regular Homeowners policy. This coverage cannot be written without the Homeowners Policy. In addition to the rate charged for the basic Homeowners policy, the following rates apply separately to In-Home Business Coverage and must be shown on the Supplemental Declaration Page, form HOS-SD-1. BASE PREMIUM INCLUDES: Business Personal Property On Premises $2,500 Business Liability Per Occurrence/Aggregate $25,000 Business Loss of Income Per Month $1,000 Med Pay Each Person Aggregate RATES Base Rate Group $ 500 $10,000 Rate 1 $120 2 $130 3 $190 INCREASED LIMITS AND RATES Business Personal Property Coverage (BPP) (To increase above the $2,500 included) Group Rate ACV 1 $ $.90 3 $2.60 Rates per $100 Replacement Cost Surcharge Rate 15% Maximum Limit for BPP coverage is $25,000 Submit for higher limits 22 Revised 08/10

23 Liability Limit* (To increase above the $25,000 Occurence/$25,000 Aggregate included Amount Occurrence/Aggregate $50,000/$50,000 $ 25 $100,000/$100,000 $ 35 $300,000/$300,000 $ 45 $500,000/$500,000 $ 55 $1,000,000/$1,000,000 $110 *Business Liability Occurrence Limit must be equal to the Homeowners Occurrence Limit. Med Pay the limit per person can be increased up to $10,000 maximum. The premium charge is included in the increased Med Pay limits shown in the Increased Limits and Rates section of the Rating Specifications/State Exceptions of the Homeowners Package Program. 23 Revised 08/10

24 In-Home Day Care Center Supplemental Rates Rate Group 4 UNDERWRITING REQUIREMENTS Licensed for one to 10 children Outdoor play areas must be fenced if applicable Sexual and/or Physical Abuse is mandatory $25,000/$50,000 included (HOS-17) Applicant must be licensed by proper authority (on file with General Agent). Day Care application, GLS-APP-5s or equivalent must be completed SUBMIT Refer to general Homeowners Package Program or the In-Home Business Supplemental Guidelines PROHIBITED Home Day Care exposures with swimming pools, trampolines and/or dogs Risk having previous or pending allegations of sexual or physical abuse If applicant is not properly licensed or does not meet state requirements Prohibit items shown in the general Homeowners Guidelines or In-Home Business Supplemental Guidelines 24 Revised 08/10

25 BASE PREMIUM Base Rate $255 includes: Business Personal Property On Premises $ 2,500 Business Liability Per Occurrence Aggregate $ 25,000 $100,000 Business Loss of Income Per Month $ 1,000 Med Pay Each Person Aggregate $ 500 $ 10,000 INCREASED LIMITS AND RATES Business Personal Property Coverage (BPP) (To increase above the $2,500 included) Rate ACV $.65 Rate is per $100. Replacement Cost Surcharge rates 15%. Liability Limit* (To increase above the $25,000 Occurrence/$100,000 Aggregate included) Policy Limits (each occurrence) General Aggregate Rate (per Child) $ 50,000 $ 100,000 $16 $ 100,000 $ 100,000 $18 $ 300,000 $ 300,000 $22 $ 300,000 $ 600,000 $23 $ 500,000 $ 500,000 $26 $ 500,000 $1,000,000 $27 $1,000,000 $1,000,000 $32 *Business Liability Occurrence Limit must be equal to the Homeowners Occurrence Limit. Pool Charge an additional flat charge of $50 is required when there is a pool on premises. 25 Revised 08/10

26 Note: These premiums are separate from the personal liability increase premiums shown in the Rates section. For optional professional liability coverages see In-Home Day Care Center Optional Coverages. HOMEOWNERS KS Professional Liability Coverage to include in Base Policy Limits (each occurrence) General Aggregate Professional Liability Charge (per location) $ 25,000 $ 100,000 $ 7 $ 50,000 $ 100,000 $ 8 $ 100,000 $ 100,000 $ 9 $ 300,000 $ 300,000 $12 $ 300,000 $ 600,000 $13 $ 500,000 $ 500,000 $14 $ 500,000 $1,000,000 $18 $1,000,000 $1,000,000 $20 Mandatory Forms if written: UTS-34 and GLS-25s Note these premiums are separate from the Personal Liability increase premiums shown in the Rates section. 26 Revised 08/10