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Quote in peteRATER+ Homeowners Product Guide (PDF)
Surplus Lines HO3 for Well-Maintained Homes
In today's market even responsible homeowners can get pushed out of the standard markets... often for bad luck! This Concorde-designed surplus lines homeowners product can be a path to coverage for well-maintained homes 40 years and newer facing challenges with loss frequency / severity (especially wind, hail and water), risk location or carrier withdrawal, until they again qualify for a preferred HO3.
Product & Eligibility Highlights
- Surplus Lines HO3 Coverage with Replacement Cost
- Homes Valued $250,000-1,000,000 ($1,800,000 TIV)
- Broad Claims Appetite - Up to 3 Losses or $300,000 Paid
Any Fire Loss Ineligible - Homes 40 Years and Newer
- HUGE Credit for selecting $5,000 or $10,000 AOP Deductible
- Owner and Seasonal/Secondary Occupancies Eligible
- All Protection Classes Eligible (PC 1-10)
- Broad Ownership Appetite - Individual, Trust, LLC & Partnership Eligible
- Online Quote, Pay & Bind with Automated Renewal Process
- Direct Billing on All Accounts with EFT Payment Options
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The Process... From Quote to Bind!
- Quote Online in peteRATER+ and "Select this Quote" to proceed to payment and binding options. (Only eligible quotes are given this option.)
- Continue to Payment Options online in peteRATER+ and select a billing plan and payment type. If Credit Card was selected, proceed to Concorde Online Payments, select "I am an agent" and submit the credit card payment,
- Applications and Affidavits are loaded immediately into the quote's documents folder in peteRATER+ after you’ve submitted to bind.
- Send signed forms to: submissions@cgains.com
- Policy Declarations are mailed to the insured and emailed to the agency in about 1-3 business days.
This product does not compete with admitted markets. Agents will need to comply with surplus lines guidelines for their state.
Questions?
Available in the Following States
- Colorado
- Idaho
- Iowa
- Minnesota
- Montana
- North Dakota
- South Dakota
- Wisconsin
- Wyoming