HO3 Without the Bells and Whistles

[Indiana_Adam]

WHy not get an HO-8? I've never run into a problem with lenders as long as their interst in the home is covered.

Actually, my company offers a replacement policy that I can write less than 70%. It's an added amendment and we have the insured sign off stating they know the coniditions of the policy. The amendment allows them to carry less than 80% without losing the co-insurance.

Try Foremost. I know they write fire dwelling policies in IN with Replacement cost.

 

[Soaringagent]

you wouldn't want to go lower than the MSB - not a good idea.

 

[Guest]

WHy not get an HO-8? I've never run into a problem with lenders as long as their interst in the home is covered.

Actually, my company offers a replacement policy that I can write less than 70%. It's an added amendment and we have the insured sign off stating they know the coniditions of the policy. The amendment allows them to carry less than 80% without losing the co-insurance.

Try Foremost. I know they write fire dwelling policies in IN with Replacement cost.

I think you SUCK as an agent, giving the client such a bad policy, you would rather protect the bank and not the client, putz