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Networked gives you the tools you need to make your Personal Lines business grow!
Networked Insurance Arizona Personal Lines
July 2007Networked Insurance Agents
Copyright 2007
July 2007Networked Insurance Agents
Copyright 2007
Personal Lines Personal Lines ManagementManagement
Scott Smith Personal Lines Manager( 530) 274-6981 [email protected]
Gina Bajone Personal Lines Senior Underwriter & Team Leader(530) 274-6923 [email protected]
Patti Leonard Territorial Sales Vice President(480) 292-9642 [email protected]
July 2007Networked Insurance Agents
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Personal Lines Personal Lines UnderwritersUnderwriters
Erin CummingsErin Cummings Underwriter Underwriter – Backup(530)274-6932(530)[email protected]
Jeanine HaringJeanine Haring Underwriter Underwriter – Backup(530)477-3938(530)[email protected]
Sara Zahm Underwriter – Backup (530) 274-6927 [email protected]
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Personal Lines CCR’sPersonal Lines CCR’s
Allison Coulston Customer Care Representative - AZ Territory (530) 274-6909 [email protected]
Amber Stone Customer Care Representative - Backup (530) 274-6978 [email protected] Lisa Lines Customer Care Representative - Backup(530) 274-6970 [email protected]
Jackie Atkinson Customer Care Representative - Backup(530) 274-6985 [email protected]
Trista Dutcher Customer Care Representative - Backup(530) 274-6915 [email protected]
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What can these Carriers do What can these Carriers do for you?for you?
Do your clients need a quality/competitively priced HO3, HO4, HO6? Networked recommends:
Travelers First American Encompass Hartford Colorado Casualty
Do you have a “High End” home you need to place? Networked recommends:
Chubb Fireman’s Fund AIG Private Client
How about DP3’s? Networked recommends:
All of our carriers will write ..with the home ! Safeco, First American and Colorado Casualty will write stand
alone
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Networked Markets
Once again, Networked has access to Name Once again, Networked has access to Name Brand customer recognized, competitively Brand customer recognized, competitively
priced Carrierspriced Carriers Encompass Hartford Travelers Safeco Colorado Casualty
Minimum pref. limits 50/100/50,000
* Need supporting home
Fireman’s Fund* Chubb* Met Life AIG*
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What other tools does Networked Personal Lines have in it’s tool box that
will help me be successful?
Stand Alone Excess –RLI
Stand Alone in Home Business – RLI
Stand Alone Watercraft – Travelers, Foremost, Safeco
Manufactured Homes & Motorcycles - Foremost
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So, tell me more…So, tell me more…
……I Like what I I Like what I see!see!
July 2007Networked Insurance Agents
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AIG Private ClientAIG Private Client
Specializing in HV Property at $1 million+
Require three lines to bind i.e. Home, Schedule, Umbrella
Minimum Umbrella limit available at $5 million
Flood coverage automatically given in the HO3 policy
Guaranteed Replacement Cost
Possible to do a stand alone Schedule
July 2007Networked Insurance Agents
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Chubb
Specializing in HV Property $400,000+. With primary home will also consider Auto, Dwelling Fire, Watercraft & Excess with supporting home
Subject to: Brush mapping.
Expert home appraisals and loss control evaluation upon issuing of the Homeowners policies.
Deductible waived in the event of a loss exceeding $50,000
Deluxe and Standard contents offered
200% Extended Replacement Cost
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Colorado CasualtyColorado Casualty
One of the most competitive packages available without sacrificing quality.
Package desired but monoline available for Homeowners, Renters, Auto, and Dwelling Fire
Full Pay or EFT payment plans will give the insured a better premium
Comp losses are not rated for if under $100 Different effective dates can be written on a package. Two losses are ok to write in the past 3 years. No fire, liability
or water losses allowed. Photos required for all homes submitted Lower limits for UM/UIM are not permitted however the
coverage can be rejected entirely.
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Encompass Insurance Co Package Policies encouraged however they will write mono line Home,
Auto, Condo and Renters A Package consists of the Auto & Primary Home (Homeowners, Condo
Owners or Renters) Package policies can also include Boat, Dwelling Fire, Motorcycle,
Recreational Vehicles, Motor Homes and Excess Liability All lines of business on one policy, one bill, one deductible, one
installment fee. Offers two levels of coverage: Deluxe & Elite Aggregate Property Limits 200% Credit for existing insurance. Will write up to 1 loss on homes including water (subject to approval) All policies are subject to credit score ( will not accept a low score) May be able to write up to 3 total incidents per household on autos
(subject to underwriting approval)
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Encompass Sales Tips
Credit for existing insurance – Write the home or auto with current effective date and the remaining line with a future effective date (must be submitted at the same time).
Underwriting is once and done: The package is underwritten at the time it is submitted and not again when the second policy is effective.
Gaps are covered: If the client has a claim that exceeds their primary policy prior to the Encompass policy taking effect, Encompass will cover the difference. (If a covered peril)
Locked in rates: If the rates change before the second policy is effective the insured will continue to get the rate that was quoted.
Package discount is applied.
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Fireman’s Fund
Specializing in HV Property $400,000+, Auto, Dwelling Fire, Watercraft & Excess
No Maximum Coverage A
200% Extended Replacement Cost
Need to Write Home to Write Auto
Send in Fireman’s Fund Location Approval Worksheet with an unsigned Acord application
Location approval subject to brush mapping
No EFIS
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First American Specialty
Specializing in Monoline Homeowners, Condo Owners and Dwelling Fire.
No Credit Score! Max 1 loss in the past 3 years No wood shake or shingle roofs Homeowner Plus Endorsement is included in all policies
Personal Injury Inflation Guard Personal Property Special Limits:
$200 on any one sports card w/ $1,000 aggregate $2,500 on any one oriental rug w/ $10,000 aggregate $2,500 on any one fine art article w/ $10,000
aggregate
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Hartford Insurance Company
Currently writing Auto, HO3, HO4, HO6 Secondary Home and Dwelling Fire with supporting Home.
Discounts: Account Credit Auto (varies per policy), Home (10%) and 25% Multi-Car.
Domestic Partner Discount - married rate for couples in committed relationship or single parent with custody of children.
New Home Discount up to 33% Sentinel Silver and Gold Endorsement includes Replacement Cost
Contents, Replacement Cost Dwelling (150%), and increase liability limit automatically
Home minimum $500 deductible Will write up to two losses of any type in 3 years on home (may be
subject to approval) All insurance scores are eligible with Hartford
July 2007Networked Insurance Agents
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Safeco
Currently writing HO3, HO4, HO6, Auto, Dwelling Fire, Watercraft and Excess (with package)
Will accept any score
Discounts: Account Credit, Multi Car, Accident Prevention, Anti Theft
Will entertain family risks including youthful operators (good student discount for youthful drivers with 3.0 GPA or better
July 2007Networked Insurance Agents
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Travelers Property & Casualty
Currently writing HO3, HO4, HO6, Auto, COC, Dwelling Fire (with supporting Home), Watercraft & Excess
Subject to: Credit Score, CLUE, MVR’s
Discounts: Account Credit 10% Auto & 10% Home
Will entertain family risks including youthful operators. (good student discount for youthful drivers with 3.0 GPA or better)
COC policy available with endorsement covering building materials. No owner builders.
July 2007Networked Insurance Agents
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July 2007Networked Insurance Agents
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How do I bind a Personal Lines Account?
VERY IMPORTANT: Our carriers do not allow us to extend binding authority to our affiliates.
In order to expedite binding of your submission please follow these instructions carefully.
First quote the risk on NLinkPL at www.networkedins.com
To request binding fax (530) 274-2527 or email [email protected] a completed submission (please note we treat all applications as bind requests). Please do not send applications for pre-approval.
Within 4-6 hours you will receive an acknowledgement letter
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How do I bind a Personal How do I bind a Personal Lines Account ContinuedLines Account Continued….….
Once the underwriter reviews the account you will then receive one of the following within 24 hours.
A Confirmation of Coverage if the submission is complete and the risk qualifies. **Please note coverage is not bound until you receive a confirmation of coverage from Networked.
An Additional Information Memo if the submission is incomplete. **Please note Networked will not bind coverage until all information is received and the effective date will be determined once submission is complete
A Declination Letter if the risk is unacceptable. **Please note another carrier will be offered if one is available
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How to complete an Auto submission:
Completed Acord Auto Application Prior Dec Page – Copy of NLINK PL Quote
Supplemental Forms/Items Signed UM Form – May be carrier specific Proof for a not-at-fault accident (i.e. Police Report or
letter of experience) Company Specific Supplemental Signed Driver’s Exclusion
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How to complete a Home submission:
Completed Acord Application Replacement Cost Estimator Agents Copy of the NLINK PL quote
Supplemental Forms: Older Home Questionnaire – Company Specific Wood Stove Questionnaire – Company Specific Photos (if applicable)
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Escrow ClosesEscrow ClosesNetworked understands the urgency of escrow closes.
We have implemented the following for your convenience:
Fax in a complete submission noting on the cover page that this is an escrow close. If you have scanning capabilities you can email the submission directly to the underwriter to help expedite the procedure.
Once faxed, contact the underwriter who will be handling the account to let them know you have sent in an escrow close and give the clients name.
The underwriter will work that account first and contact you immediately to advise if an EOI can be issued or if additional information is needed.
**Please note Networked does not require signatures to bind coverage for escrow closes**
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Please mail all originals and down payment to our office within 7 days of receipt of the confirmation of coverage.
Please note since Networked holds the carrier appointment our affiliates are unable to contact the carriers directly. For any questions about a risk please contact your designated underwriter
Final Step…Final Step…
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THANK YOU!We appreciate your business!
