17
Property Conference Protecting the State of Texas How to Obtain a Quote?

Property Conference Protecting the State of Texas How to Obtain a Quote?

Embed Size (px)

Citation preview

Property ConferenceProtecting the State of Texas

How to Obtain a Quote?

SORM’s Website

ApplicationContents

Only Schedule

Property Insurance Schedule

Application Process

www.sorm.state.tx.us

Application

• Contact Information• General Information Questionnaire• Loss History (Last 5 Years)• Prior Insurance Carrier Information (3 Years)• Description of Agency’s Operation

Contents Only Schedule

Agency Name and NumberContact's NameContact's PhoneContact's Email Date last Updated:

Description of the ItemNumber of Items

Serial Numbers

Today's Cost to replace it - New (1 item)

Today's Cost to replace it - New (all items)

Date New Item added

Date Old Item Deleted

Total Contents Value

Property Insurance Schedule

Example of SORM:Agency Name – State Office of Risk ManagementSub Agency Name - SORMSORM Agency # - 479Location # - 1 Arthur J Gallagher Building # - N/AAgency Building # - 1Description – William P. ClementsStreet Address – 300 W 15th St., 6th Floor

Property Insurance Schedule

Where do I find my Latitude and Longitude?-www.geocoder.us

What if my building value is not accurate?

What is Time Element Value?

Tier 1, 2, and 3 Counties

Property Insurance Schedule

Where do I find this information?

Flood Zone Certificate

Base Flood Elevation & First Floor Elevation

RMS Estimated

Flood Zone

Elevation Reference

New Requirement

on SOV

Property Insurance Schedule

If you are in a Tier 1, 2, or 3 County…

BE AWARE!

Secondary Characteristics

• Construction Quality• Roof Covering• Year of Roof Installed• Age of Roof• Roof Geometry• Roof Anchor• Roof Equipment

Hurricane Bracing• Basement• Appurtenant Structures

• Cladding Type• Roof Sheathing

Attachment• Frame-Foundation

Connection• Ground Level Equipment• Opening Protection• Flashing and Coping

Quality• Content Grade

Sally Balderas, Insurance ManagerEmail: [email protected]

Phone: (512) 936-1483

State Office of Risk Management300 W. 15th Street, 6th Floor

Austin, Texas 78701