Networked gives you the tools you need to make your Personal Lines business grow! Networked Insurance Personal Lines (All states, excluding CA & TX)
Networked gives you the tools you need to make your Personal Lines business grow! Networked Insurance Personal Lines (All states, excluding CA & TX)
Dec 13, 2015
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Networked gives you the tools you need to make your Personal Lines business grow!
Networked Insurance Personal Lines(All states, excluding CA & TX)
May 2007Networked Insurance Agents
Copyright 2007
May 2007Networked Insurance Agents
Copyright 2007
Personal Lines Personal Lines ManagementManagement
Scott Smith Personal Lines Manager530-274-6981 [email protected]
Gina Bajone Personal Lines Senior Underwriter/Team Leader530-274-6923 [email protected]
May 2007Networked Insurance Agents
Copyright 2007
Personal Lines Personal Lines UnderwritersUnderwriters
Jeanine Haring Handles: CA only (Back up on out of state)
(530) 477-3938 [email protected]
Ashley Hearing Handles: TSVPs Marcia Ruddick and Larry Bynum
(530) 477-3905 [email protected] Erin Cummings Handles: TSVP Chris Decolati
(530) 274-6932 [email protected]
May 2007Networked Insurance Agents
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Personal Lines CSR’sPersonal Lines CSR’s Trista Dutcher Handles: Marcia Ruddick
(530) 274-6915 [email protected]
Lisa Lines Handles: CA only (Back up for other states)
(530) 274-6970 [email protected]
Jackie Atkinson Handles: Will Staffhorst
(530) 274-6985 [email protected]
Allison Coulston Handles: Patti Leonard and Larry Bynum
(530) 274-6909 [email protected]
Amber Stone Handles: TSVP Chris Decolati
(530) 274-6978 [email protected]
May 2007Networked Insurance Agents
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Personal Lines Tech’sPersonal Lines Tech’s
Michelle Daily Handles all pre-approval CLUE, MVR and mapping requests
(530) 477-3965 [email protected]
May 2007Networked Insurance Agents
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NETWORKED MARKETS We give you access to name brand, customer
recognized, competitively priced Carriers!
Property Property
ChubbChubb EncompassEncompass Met LifeMet Life HartfordHartford
*Requires package*Requires package
Travelers Travelers Fireman’s FundFireman’s Fund Safeco Safeco AIG Private AIG Private
Client*Client*
May 2007Networked Insurance Agents
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What can these Carriers do What can these Carriers do for you?for you?
Do your clients need a quality/competitively priced HO3, HO4, HO6? Networked recommends:
Travelers Encompass Hartford Met Life
Do you have a “High End” home you need to place? Networked recommends:
Chubb Fireman’s Fund AIG
Stand alone DP3’s? Networked recommends:
Safeco
May 2007Networked Insurance Agents
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How About Auto? Once again, Networked has access to Name
Brand customer recognized, competitively priced Carriers
EncompassEncompass Hartford Hartford TravelersTravelers Chubb*Chubb* Fireman’s FundFireman’s Fund
Safeco Safeco Met Life Met Life AIG*AIG*
Minimum pref. limits 50/100/50,000Minimum pref. limits 50/100/50,000* Need supporting home* Need supporting home
May 2007Networked Insurance Agents
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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 Motorcycles – Foremost, Safeco
Stand Alone Watercraft – Travelers, Chubb, Foremost, Safeco
May 2007Networked Insurance Agents
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So, tell me So, tell me more…more…
……I Like what I see!I Like what I see!
May 2007Networked Insurance Agents
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ChubbChubb
Specializing in HV Property $400,000+. (Depending upon state and location, may go down as low as $300,000) .With primary home will also consider Auto, Dwelling Fire, Watercraft & Excess
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
May 2007Networked Insurance Agents
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Encompass Insurance CoEncompass 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
May 2007Networked Insurance Agents
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Encompass Sales TipsEncompass 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.
May 2007Networked Insurance Agents
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Fireman’s FundFireman’s Fund
Specializing in HV Property $500,000+, Auto, Dwelling Fire, Watercraft & Excess
No Maximum Coverage A 200% Extended Replacement Cost Will write “ high end” stand alone Auto Send in Fireman’s Fund Location Approval
Worksheet
May 2007Networked Insurance Agents
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Hartford Insurance CompanyHartford Insurance Company
Currently writing Auto, HO3, HO4, HO6, Excess (with Home and auto), and Dwelling Fire with supporting Home.
Discounts: Account Credit Auto – Figured into the quote – no percentage, Home 10%.
Domestic Partner Discount - married rate for couples in committed relationship or single parent with custody of children.
HO3,Sentinel, Sentinel Silver, HO5, Sentinel Gold, Sentinel Platinum – You can choose 125% or 150% Extended Replacement Cost.
May 2007Networked Insurance Agents
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Travelers Property & Travelers Property & CasualtyCasualty
Currently writing HO3, HO4, HO6, Auto, COC, Dwelling Fire, Watercraft & Excess
Subject to: CLUE, MVR’s, Discounts: Account Credits for Auto and Home . COC policy available. No owner builders.
May 2007Networked Insurance Agents
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High Value and Hard to Place High Value and Hard to Place Personal Lines Personal Lines
HO-3HO-3 Brush and unprotected propertiesBrush and unprotected properties Primary, secondary, seasonal and rentalsPrimary, secondary, seasonal and rentals Earthquake availableEarthquake available
HO-4/6HO-4/6 Builders RiskBuilders Risk Vacant DwellingsVacant Dwellings Personal Articles FloatersPersonal Articles Floaters
May 2007Networked Insurance Agents
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May 2007Networked Insurance Agents
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Pre Qualify your Risks: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 Michelle Daily at [email protected]
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
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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
May 2007Networked Insurance Agents
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How do I bind a Personal Lines Account Continued….
Once the underwriter reviews the account you will then receive one 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
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How to complete an Auto submission:
Completed Accord Auto Application 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
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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)
Do you have difficulty Do you have difficulty placing rural placing rural homeowners?homeowners?
High value dwellingsHigh value dwellings Protection class 9 or 10Protection class 9 or 10 Large 4-legged petsLarge 4-legged pets Animals boarded on premisesAnimals boarded on premises Too many acres for personal linesToo many acres for personal lines
Contact our Agribusiness Unit who can place these Contact our Agribusiness Unit who can place these accounts with mainstream markets and broad homeowners accounts with mainstream markets and broad homeowners coverage forms. coverage forms.
[email protected] or call
David Lundy (530) 274-6952 or Rebecca Donahue (530) 274-6951
May 2007Networked Insurance Agents
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Escrow ClosesEscrow ClosesNetworked 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**
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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 our affiliates are unable to contact the carriers directly. For any questions about a risk please contact your designated underwriter
Final Step…
May 2007Networked Insurance Agents
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THANK YOU We appreciate your business!
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