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Important Changes Regarding Vacant Property Through Diamond State |
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Wednesday, 24 June 2009 08:00 |
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We at Grand General Agency recently made a decision to stop
writing new vacant property business through Diamond State Insurance
Company. As a result, Diamond State has decided to immediately shut off
access to their online system for all of our sub-producers. If you were
using their online system, you will soon be receiving an email advising that
your username is being deactivated. We have been assured that any policy
information you would normally retrieve electronically will now be mailed to
your office instead. This would include any recent binders and policies,
as well as renewal certificates. At this time, all existing policies will
continue to renew; only new business is being discontinued. However, if
you would like an alternative quote for upcoming renewals, let us know and we
will prepare them for you. |
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Read more...
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Tuesday, 26 May 2009 20:30 |
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Effective May 23, 2009, American Modern Insurance Group has made the following changes to the Dwelling Fire program in Michigan.
All business written in the following zip codes will now be required to submit front and rear photos of the dwelling for prior approval to Grand General Agency:
48203 - 48215, 48219, 48223, 48224, 48227, 48228, 48234, and 48238
If you are processing a policy in modernLINK, you will be prompted for the photos, at which time you may email them to Grand General at
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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Coverage will not be considered bound until photos are received and the application is approved and issued.
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Illinois Dwelling Program Changes |
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Wednesday, 03 June 2009 17:31 |
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Beginning June 1, American Modern updated their Dwelling Program in Illinois. American Modern enhanced their coverage by offering five new endorsements; Vacancy Permission, Occasional Rental, Short Term Rental, Structure Endorsement and Builder's Risk. In addition, the following changes will be enacted: Personal Property Replacement Cost Option made available on DP-3, Personal Property coverage available for Vacant dwellings, and Row Homes and Town Homes are now eligible.
There will also be new loss settlement options on the DP-3 policy form. These include Actual Cash Value, Modified Functional Replacement Cost, and Agreed Value Modified Functional Replacement Cost.
For a complete explanation of the changes affecting the Illinois Dwelling program, please visit the Product Bulletins section on the right side of our website. If you have any questions please give us a call toll free at 1-800-869-2022.
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Monday, 18 May 2009 00:00 |
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Ever experience a delay when trying to have an application or change request processed? Well, here are a few ways to help speed up the process.
First, use online services whenever possible. Using online systems prevents rating inconsistencies, incompleteness of applications and catches underwriting issues early on. Some systems even allow you to issue the policy or change online.
Second, make sure you send in a complete submission. Be sure to fill in ALL blanks on hand written apps, obtain both the insured's and agent's signatures, send proofs for all discounts, and send adequate payment including service charges if applicable.
The goal for all of us is to provide efficient processing so the insured will get the policy in their hands as quickly and as accurately as possible. Following the suggestions listed above will help provide that courtesy for your clients.
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10+ Scheduled Dwelling Policy
06-01-09 IL AMOD DP Marketing Bulletin