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New Release: 2nd Generation Online Rater – Xpresshomeowners.com – Appalachian Underwriters, Inc. / News

New Release: 2nd Generation Online Rater – Xpresshomeowners.com

Appalachian Underwriters is pleased to announce our next generation “Xpress” Quote and Issuance Platform for complicated residential property insurance needs through the Midwest, Southeast and Coastal areas of the U.S. This new program is 100% backed by Lloyd’s of London, through ICAT & Liberty Mutual Insurance Europe Limited.

Online Rating & Quoting

  • No special login requests
  • Quote Indication in minutes: submit online to an underwriter for Bindable Terms
  • Faster Turnaround (in by 2 and out by 5 Same Day for Binds)
  • Commission is 12% for New Business and Renewal – seeking rollover opportunities at 15%
  • Ability to issue Binder to afford 30 days to collect and submit money, no minimum earned premiums on binder
  • How to access the program

 

Program Highlights

Liberty Mutual Insurance Europe Limited:

Writing Tier 2 & Inland in Coastal areas from TX, MS, AL with the ability to Write Tier 1 in GA, SC, & NC as long as 3 Miles off Waterways and Coast.  Also writing all of AR, IL, MO & TN.

  • Coverage A from $100k to $4MM TIV
  • Primary, Secondary & Seasonal (as HO3), and Vacancy allowed (No Rental Exposures)
  • Up to 3 losses within the last 3 years. No Severity Restrictions
  • PC 1-8
  • No Age of Home Restrictions
  • LLCs and Trusts Accepted
  • Bankruptcy Allowed
  • Cancelled, Declined and Non-Renewal All Eligible

 

ICAT Managers LLC:

Writing Coastal Tier 1 Territories in TX, AL and all of FL (Broward, Miami-Dade OPEN!)

  • No distance to coast restrictions
  • Coverage A from $100k to $2 Million
  • Primary, Secondary & Seasonal (as HO3), and Tennant Occupancies (HO3T)
  • AOP Deductibles of $1,000, $2,500 & $5,000
  • Separate Named Storm Deductible (2% Available)
  • Up to 2 losses within the last 3 years, total not to exceed $20,000
  • PC 1-8
  • 1945 and newer homes
  • Cancelled, Declined and Non-Renewal All Eligible
  • No Bankruptcy

 

For any questions, please contact 1-888-376-9633, ext. 2026

http://appund.com/PersonalLines/XpressHomeowners