TYPE OF FLOOD MAP CHANGES WHAT YOU SHOULD KNOW WHAT YOU SHOULD SAY Low- or moderate-risk zone (B, C, X) changing to a high-risk zone (e.g. AE, VE) or Change in Base Flood Elevation Grandfathering Offers Savings· The National Flood Insurance Program (NFIP) has “grandfather” rules to recognize policyholders who have either built in compliance with the flood map or who maintain continuous coverage. These rules allow such policyholders to benefit in the rating for that building. · Grandfathering is available for new purchasers as well as existing customers. · Always use the new map if it will provide a more favorable premium (lower rate). · Your building has been designated in a high-risk area for flooding. · You will be required to purchase a flood policy if you carry a mortgage from a federally regulated lender. · If you don’t carry a mortgage, you should protect your home with flood insurance. National statistics show that you are 3 times more likely to have damage by a flood than by fire. · Purchasing before the map revision allows you to save on insurance. Loyal Customers Can Keep Existing Zone (Pre- & Post- FIRM) · Customers, who buy a policy before maps are adopted and maintain coverage, can retain the lower-risk zone rate. · Eligible customers can purchase a PRP now. It will renew to an X zone rated standard policy. · Have a policy: maintain continuous coverage. · A policy can be assigned to future property owner. · Buy now to save later. · Renew to stay protected and save money. Show Compliance With a Previous FIRM for Lower Costs (Post- FIRM only) · To keep existing zones when the structure was built: Get a copy of FIRM effective at time of construction or a compliance letter from community official. · To keep existing BFE when the structure was built: Get Elev. Cert, and copy of FIRM effective at time of construction; or compliance letter from the community official. · Lower cost options: show building was built in compliance at time of construction. · Makes you eligible for a lower rate, keeps costs DOWN. High-risk zone (e.g. AE, VE) changing to a low- or moderate-risk zone (X, shaded X) Conversion Offers Savings · Write a Preferred Risk Policy (PRP). · Use existing policy’s current effective date, and use closest coverage limit or next highest options if no exact match. · Submit PRP application, and insured signed conversion form. · Your risk is reduced, not removed! · Eligible for low-cost, Preferred Risk Policy · Stay protected and get money back once maps are adopted. · No gaps in coverage; no additional money up front. · 20-25% of all flood claims occur in low- or moderate-risk areas. No Change Review of Current Coverage Ensures Protection· Do they have flood insurance? · If so, is the building limit up-to-date? · Contents coverage provided and limit up-to-date? · Homeowners insurance doesn’t cover damage due to floods. · Floods happen anytime, anywhere. · Your home is a major investment—protect it.
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Safety Insurance has partnered with Safe Roads Alliance and Travelers Marketing to develop the first "The Parent's Supervised Driving Guide". The guide provides detailed instruction for parents in helping them teach their teens how to drive. This guide will be provided to all operators at the time they receive their learners permit. It is distributed at all Massachusetts Registry of Motor Vehicle locations. Safety Insurance is proud to sponsor this official Guide, and hopes that it will make the driving experience a safer one for both you and your teen driver.
Protecting Personal Property UPC Insurance Protector Homeowner Program This is a preferred, high quality program that offers better than average coverage options over the "standard" and "non-standard" products sold today in the insurance marketplace. Protector Homeowners Policy (HO-3) This policy offers building, personal property, loss of use and liability coverage to the owner/occupant(s) of a dwelling that is exclusively used as a private residence. Some of the coverages available on this policy include:
Protector Homeowners Policy (HO-4) This policy offers personal property, loss of use and liability coverage to the occupant(s) of a tenant-occupied dwelling, condominium or apartment. The dwelling unit must be used for residential purposes only. Some of the coverages available on this policy include:
Protector Homeowners Policy (HO-6) This policy offers building, personal property, loss of use and liability coverage to occupant(s) of an owner-occupied condominium or cooperative unit. The dwelling unit must be for residential purposes only. Some of the coverages available on this policy include:
MIAMI (Reuters) - Tropical Storm Chris strengthened in the North Atlantic off Newfoundland on Thursday, becoming the season's first Atlantic hurricane, forecasters at the U.S. National Hurricane Center said. Chris had top winds of 75 miles per hour (120 km per hour) and was about 625 miles (1,005 km) southeast of Cape Race, Newfoundland. It posed no threat to land, forecasters said. Chris formed unusually far north for an early season hurricane, and was expected to make a slow loop before weakening over cooler waters during the weekend. Forecasters also kept watch on a low pressure area associated with a broad mass of thunderstorms in the southeastern Gulf of Mexico and northwestern Caribbean. It had a 30 percent chance of developing into a tropical depression or tropical storm in the next couple of days, the forecasters said. That system soaked southern Florida and could bring heavy rain and flooding to Mexico's Yucatan Peninsula and western Cuba, the forecasters said. It was too early to know whether the system would threaten energy interests clustered in the northern Gulf of Mexico. The Atlantic hurricane season runs from June 1 to Nov. 30, but got off to an early start this year. Tropical Storm Alberto quickly fizzled off South Carolina and Tropical Storm Beryl soaked thesoutheastern United States in May. The U.S. National Oceanic and Atmospheric Administration predicted there would be nine to 15 tropical storms in the Atlantic basin this year, with four to eight strengthening into hurricanes. (Reporting By Jane Sutton; Editing by Vicki Allen) The first antique auto policy was written by Grundy over 65 years ago. As the first and finest in the industry, you can be assured that you are getting a wealth of experience that is only available from Grundy Insurance. As always, we offer Agreed Value coverage for your antiques and classics. And now, we can combine all your motor vehicle coverage onto one Agreed Value policy. From Ferrari to Lamborghini and Bugatti to other exotics, Grundy Insurance has your specialty vehicles covered. High liability limits are available, providing added security and peace of mind. You can rely on Grundy if you need:
Our Services through the Motor Vehicle Program: Classic Cars Service Vehicles Antique and Classics Exotic Vehicles Daily Drivers Motor Homes Motorcycles/ATVs Trailers Electric Cars Golf Carts MVP Coverage Highlights Coverage Highlights:
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