Digital Policies
Cancellation Guidelines & Processing Changes!
Effective April 1, 2023
New and Renewal
USA HURRICANE MINIMUM EARNED PREMIUM ENDORSEMENT MEP 0423
- Property Sold is no longer exempt from the USA Hurricane Minimum Earned Premium Endorsement cancellation provision.
- Risks that include Wind Coverage located in Florida, Georgia, North Carolina, South Carolina and Texas may be subject to a 75% Minimum Earned Premium.
- The effective date of the Cancellation Request cannot be earlier than 30 days from the date we receive the request.
- Revised MEP 0423 Endorsement
SHORT RATE CANCELLATION NOTICE - SR DP DL 0423 AND SR HO 0423
- The effective date of the Cancellation Request cannot be earlier than 30 days from the date we receive the request.
New:
Aircraft Liability Exclusion - HO 34 02 02 17
- Aircraft liability definition revised to remove exception for Model or Hobby Aircraft
- ISO Endorsement HO 34 02 02 17
Please advise your clients accordingly before binding or accepting renewal offers.