If a renewal policy meets our underwriting guidelines, we are currently offering an optional increase for the dwelling limits. We are also reminding qualified Insureds that additional coverages may be available. For example: EC, VMM, Contents, and Theft.
At this time, we are resending renewal notices out to the Insureds informing them that their policy has expired. The Insured or Mortgagee has 60 days after the renewal date to make payment. Expired policies will be effective the day after payment is received in our office.
Beginning December 1, 2016 the FAIR Plan will offer a limited Theft endorsement to the Dwelling policy. Coverage will be available for a minimum of $1,000 and a maximum of $25,000. The coverage will be available for those policies with contents coverage that include the perils of Extended Coverage and Vandalism and Malicious Mischief.