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News
American Modern Property Program Updates
Bulletin – Monday, April 28, 2008
Effective May 15, 2008 for new business - June 1, 2008 for renewal business we are announcing the following product changes to the Specialty Homeowners, DP-1, and DP-3 products in Pennsylvania.
American Modern Select Insurance Company continues to refine their product benefits, requirements, and rates in order to offer you a market-leading product. These changes are available for quoting on modernLINK®.
Dwelling and Homeowner Program Updates:
American Modern Select Insurance Company continues to refine their product benefits, requirements, and rates in order to offer you a market-leading product. These changes are available for quoting on modernLINK®.
Dwelling and Homeowner Program Updates:
- Row Homes are now acceptable regardless of the number in the row!
- Regardless of the age of the home, it is eligible for replacement cost coverage for either DP-3 or Specialty Homeowners. (Must qualify based on other underwriting guidelines).
- We now have an Animal Liability Exclusion available for risks with vicious dogs.
- DP-3 business can now receive Replacement Cost on personal property coverage.
- Increased theft limit options up to $5,000 now available for Specialty Homeowner