CPA for Tenant Occupied Condo/Town Home (HO6)- (Short Term Occupancy) (AFN111)

CPA for Tenant Occupied Condo/Town Home (HO6)- (Short Term Occupancy)

(Carrier Placement Analysis - AFN111)
This CPA will guide you to identify which carrier (s) will be the best to write this Risk (LOB)

Step 1: Collect risk info via request for home quote or via Purl for this LOB. (Already done - go to step 2)
Step 2 – Create client in ezlynx if it’s a new client to the agency.
Step 3 – Enter the risk info into ezlynx for bridging to carriers. (Only applies to bridgeable LOB’s).
Step 4 – Identify the carriers that writes this line of business.
Step 5 – Compare final validated rates to determine the best carrier for this risk.
Step 6 – Prepare application for client to Signing
Step 7 – Bind the Policy & Complete Point of Sale
Step 8 – Process BOR & Complete Point of Sale (In case client decides to BOR to our Agency)
Quote Count*
Date

MonthDayYear
Agency Name*
Producer Names (LSI)*
Producer Email*
Assigned CPA*
LOB*
Applicant Information:
First & Last Name*
1st Applicant
Birthdate*
Marital Status*
First & Last Name
2nd Applicant
Birthdate
Marital Status
Address Information:
Risk Address (Property to Insure) - map it*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Address Type*
Mailing Address - map it*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Property Title Information: We must verify how the property is titled to so we can determine how the policy should be written and to make sure all individuals and/or entities are covered properly.
Did you run the data tree report?*
Make sure to Upload this Report at the Bottom
Show me
How is the property titled as listed on Datatree*
N/A for (Renters Ins - HO4 Policy)
Complete Name of Entity:*
Enter complete name of Trust, LLC, Corporation or other

Prior Insurance Info:
Prior Carrier
Name of Carrier
When does the policy expire
enter the exp/renewal date
What is the Policy Premium
Enter the Premium if known otherwise type unknown
What is the Term of the Policy
Reconstruction Cost Info:
Reconstruction Cost
This was the amount Core Logic
Accomodation Limit
This was the amount Core Logic
Coverage A Limit on the Policy
What is the intended coverage A limit (dwelling replacement)
Note: This coverage A Limit has been increased by 10% for any items that we did know about or include in our RC Estimate.
Underwriting Questions:
Is your current/prior policy being canceled for any reason
YesNo
Explain Why*
Are there Dogs on the premises
YesNo
Number of dogs*

1324
1 - What is the Specific Dog Breed
2 - What is the Specific Dog Breed
3 - What is the Specific Dog Breed
4 - What is the Specific Dog Breed
Underwriting Characteristics:
What is the PC Class (Show Me)
What is the Fireline Score
Number of Stories
Year Built
Square Footage
Coverage Guidance: The following will help to choose the coverage limits and endorsement on the policy.

Standard Coverage:
Coverage A - Dwelling: Based on the RC Estimator, this is the amount of coverage need to replace the home in case of a total loss aka reconstruction cost.
Coverage B - Other Structures: The standard limit included is 10% and should be increase in case the others structures value is greater than 10%.
Coverage C - Personal Property: The standard limit included is 50% or more, but can be increase if more coverage is needed.
Coverage D - Loss of Use: The standard limit included is 20% or actual loss sustained, but can be increase if more coverage is needed.
Coverage E - Personal Liability: The standard limit is 300K, but can be increase if more coverage is needed.
Coverage F - Medical Payment: The standard limit is 5K, but can be increase if more coverage is needed.

Other Coverages & Endorsements:
Building Ordinance: The standard limit included is 10%, but can be increase if more coverage is needed.
DIC Endorsement: This endorsement if available should be added in case the home does not pass brush requirements & a Fair Plan policy need to be written.
Replacement Cost on Dwelling: This endorsement should always be added if available in every case.
Replacement Cost on Personal Property: This endorsement should always be added if available in every case.
Animal Liability: This endorsement should be added if the client has any animals and given a minimum limit of 25K coverage but should have 100k if available.
Equipment Breakdown: This endorsement should not be included automatically, we do not add this unless the client is asking for it or if it will help close the sale.
Sewer or Drain Backup: This endorsement should be added and given a minimum limit of 10k coverage but should have 25k if available.
Personal Injury:  This endorsement should always be added if available in every case.

Deductible:  The standard deductible we should be quoting is $2500, however rates for different deductibles can be given to the client so they can choose what they prefer to have in case of future loss.

Ezlynx Client Creation:

Field-2D
Does the client already exist in ezlynx
Note: Since the client already exists, then just verify the applicant's contact information with what's listed below.
Note: Create a new personal lines client (aka new Applicant).
Show me
What is the Ezlynx Client ID
Ezlynx Risk Entry (For Bridging:)

Market Guidance for Tenant Occupied Condo/Town Home (HO6)- (Short Term Occupancy) Insurance:

Carriers:	Appetite:	Ezlynx Bridging:
Mercury		Yes
Aegis		Not Yet Available
Obie (Southlake Ins)		Not Yet Available
KW Specialty		Not Yet Available
Fair Plan		Not Yet Available

	Limits
Dwelling
Other Structures
Personal Property
Loss or Use
Total TIV

Rate Comparison Analysis (RCA):

Status Defintions:

Waiting = Waiting Validation Review
Submitted = Submitted to Carrier for Undewriting Approval
Full = Approved for a Full Policy and Ready to Release to the Client
DIC = Approved for a DIC Policy and Ready to Release to the Client
Dec. by Am = Risk was declined by Accunt Manager and did not pursue validation.
Dec. by CPA = Risk was declined by the CPA rule and validation not pursued.
NB Susp. = Since there is a new business suspension in place at this time, validation not pursued.

Preferred Carriers

	Premium	Status	Comp New	Comp Renewal
Mercury
Travelers
Hartford
Stillwater
Am. Modern
Aegis
Pacific Specialty

Non-Standard Carriers

	Premium	Status	Comp New	Comp Renewal
Obie (Southlake)
KW Specialty
Fair Plan

Fair Plan + DIC/CPL

	Premium
Fair Plan
DIC
CPL
Total Cost