Networked Insurance Personal Lines Networked gives you the tools - - PowerPoint PPT Presentation

Networked Insurance Personal Lines

Networked gives you the tools you need to make your Personal Lines business grow!

Personal Lines Management

Scott Smith – Personal Lines Manager

530-274-6981 Scott.smith@networkedins.com

Charna Eastin-Personal Lines Senior

Underwriter & Team Leader 530-274-6907 Charna.eastin@networkedins.com

Personal Lines Underwriters

Jeanine Haring (530) 477-3938 jeanine.haring@networkedins.com Handles: TSVP Larry Oslie & TSVP Rocco DeMateis Gina Bajone (530) 274-6923 gina.bajone@networkedins.com Handles: TSVP Traci Herring

Personal Lines Underwriters

Erin Cummings (530) 274-6932 erin.cummings@networkedins.com Handles: TSVP Donna Percival & TSVP Jeanette Riley Ashley Hearing (530) 477-3905 ashley.hearing@networkedins.com Handles: TSVP Apinya Nguy

Personal Lines CSR’s

Sara Zahm (530) 274-6927 sara.zahm@networkedins.com Handles: Fireman’s Fund and Hartford Lisa Lines (530) 274-6970 lisalines@networkedins.com Handles: Chubb, First American, Balboa

Personal Lines CSR’s

Allison Coulston (530) 274-6909 allison.coulston@networkedins.com Handles: Kemper, Encompass, Foremost Carolyn Moses (530) 274-6985 carolyn.moses@networkedins.com Handles: RLI, Safeco, Commerce West , Pacific Select, Geo Vera and Royal Sun Alliance

Personal Lines CSR’s

Amber Stone (530) 274-6978 amber.stone@networkedins.com Handles: Travelers

Personal Lines Tech’s

Trista Dutcher (530) 274-6915 trista.dutcher@networkedins.com Handles all pre-approval CLUE, MVR and mapping requests

NETWORKED MARKETS - We give you access to

name brand, customer recognized, competitively priced Carriers!

Property Chubb Encompass First American Hartford Kemper Travelers Clarendon/Balboa Fireman’s Fund

What can these Carriers do for you?

• Do your clients need a quality/competitively priced HO3, HO4, HO6?

Networked recommends:

• Travelers
• First American
• Encompass
• Hartford
• Kemper
• Do you have a “High End” home you need to place?

Networked recommends:

• Chubb
• Fireman’s Fund
• Fireman’s Fund Prestige Solutions
• How about homes with multiple losses?

Networked recommends:

• Balboa
• Foremost * (anticipated release 12/05!)
• Stand alone DP3’s?

Networked recommends:

• Travelers
• Balboa
• First American

How About Auto?

Once again, Networked has access to Name Brand customer recognized, competitively priced Carriers Encompass Hartford Kemper Travelers Chubb* Fireman’s Fund*

Minimum pref. limits 50/100/50,000 * Need supporting home

Non-Standard Commerce West

What other tools does Networked Personal Lines have in it’s tool box that will help me be successful?

Mobile Home/Manufactured Home/Modular Home – Foremost Stand Alone Excess –RLI Stand Alone in Home Business – RLI Stand Alone Earthquake – Geo Vera, Pacific Select, Royal Sun

Alliance

Stand Alone Motorcycles – Foremost Stand Alone Watercraft – Travelers, Chubb, Foremost

So, tell me more… …I Like what I see!

Encompass Insurance Co

Package Policies preferred 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 three levels of coverage: Special, Deluxe & Elite. Aggregate Property Limits. Will entertain family risks including youthful operators. **Lower commission paid on the vehicle the youthful is assigned to. Credit for existing insurance. Package discount is 12% off the home and 15% off the auto

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.

Hartford Insurance Company

Currently writing Auto, HO3, HO4, HO6 and Dwelling Fire with supporting Home. Discounts: Superior Driver 15%, Account Credit Auto 10% Home 15%. New Home Discount up to 33% Domestic Partner Discount - married rate for couples in committed relationship or single parent with custody of children. Must meet CA Good Driver to qualify (including youthful operators). Automatic Replacement Cost Protection for cars under 1 year old with less than 15,000 miles included with Comp and Collision. $10,000 Accidental Death Benefit included H5A Endorsement includes: Replacement Cost Contents and Dwelling (150%), Theft of jewelry or watches $2,500/$1,000 per item limit and more. 30% surcharge for first loss, 50% surcharge for second loss

Kemper Auto & Home

Package Policies – Preferred Package Plus & Package Plus Classic Offers package policies – Home, Auto, PA & Umbrella on one policy,

• ne bill. Aggregate Property Limits on Package Plus

Extended Replacement Cost Coverage (automatically included) provides 150% of the blanket limit, not just Coverage A Parked Auto Collision: Waives insured’s collision deductible in the event that the insured’s vehicle is hit while legally parked. Kemper Total: Includes Auto Loan/Lease coverage & Replacement Cost Coverage for the vehicle in event of total loss. Owned by Unitrin, A rated carrier. Kemper Package Plus gives your client approximately 14% discount

• n Auto and 12% discount on Home.

CEC – Credit for Existing Coverage endorsement allows the insured to have a future effective date on Home or Auto and still get the package discount.

Travelers Property & Casualty

Currently writing HO3, HO4, HO6, Auto, COC, Dwelling Fire, Watercraft & Excess Subject to: CLUE, MVR’s, IRAS and Brush mapping. Discounts: 14% Superior Driver, 12% Degreed Professional and Account Credits

• f Auto,15% Home 25%. New Home to

Customer 10%. COC policy available. No owner builders.

Fireman’s Fund

Specializing in HV Property $500,000+, 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

Chubb

Specializing in HV Property $500,000+. With primary home will also consider Auto, Dwelling Fire, Watercraft & Excess Subject to: Earthquake and 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 Customers enjoy superior claims service with maximum control over how, when, where and by whom property is replaced or repaired. 200% Extended Replacement Cost All risk on contents when written in the Deluxe program 24 hour minimum turn around on quotes

First American Specialty

Specializing in Monoline Property, Homeowners and Condo Owners, Stand Alone Dwelling Fires. We need colored photos of the front and back of the home for Dwelling Fires For every Dwelling Fires submission you send you must match with a home submission. Will consider up to two losses of different nature excluding fire and liability. Water losses under $5,000 ok. (receipts may be required) Homeowner Plus Endorsement is included in all policies

• Extended Replacement Cost up to 150%
• Ordinance or Law
• Personal Injury
• Inflation Guard

Balboa

Specializing in monoline property HO3, HO4, HO6 and including monoline Dwelling Fire, Secondary/Seasonal homes and Vacation rentals. 5 tiers available Will write secondary home without the primary Dwelling limits as low as $80,000 Will consider up to three losses (must be of different cause). All Dwelling Fires must be submitted with 2 colored photos (front and back of the risk)

Commerce West

Preferred (Select) and Non-Standard (Protection) Auto 15/30 limits available in Protection only Discounts: Multi-car permitted between Protection and Select programs Payment Plan Discounts up to 13% available in the Protection Program for Full Pay or 50% down Non-Owner Policy available in the Protection program- will write more than 1 driver. Moving violations charged on violation date. Agent must provide MVR for the Select Program only Protection Plan – photos required if no prior insurance or lapse and comp and collision are requested. SR-22 are available in the Protection Program

Pre Qualify your Risks:

Networked wants to save you time!!! Before you take the time to complete all the forms necessary to get coverage bound pre qualify your risk to see if it will qualify for the coverage you are requesting. Send an email to Trista Dutcher at Trista.dutcher@networkedins.com You will get a response within 6 hours **Remember the technician can only tell you what is on the report, she does not have underwriting authority

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. To request binding fax or email a completed submission to Networked (please note we treat all applications as bind requests). Please do not send applications for pre-approval. Within 24 hours you will receive an acknowledgement letter

How do I bind a Personal Lines Account Continued….

Once the underwriter reviews the account you will then receive

• ne 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

How to complete an Auto submission:

Completed Acord Auto Application Copies Current Registration/Bill of Sale Current MVR’s for Commerce West Prior Dec Page – Copy of Agent’s 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

How to complete a Home submission

Completed Acord Application Replacement Cost Estimator Agents Copy of the quote

Supplemental Forms:

Older Home Questionnaire – Company Specific Wood Stove Questionnaire – Company Specific Photos (if applicable)

Escrow Closes

Networked 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**

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

• ur affiliates are unable to contact the carriers directly.

For any questions about a risk please contact Networked’s Personal Lines Underwriting Department.

Thank you for your business!!!!! Networked Personal Lines Team