Foremost Insurance Enhances Dwelling Fire Program in Iowa

• ShareThis Email PDF Print

We’re excited about these improvements to our program. The new discounts are a great benefit to customers, offering a competitive price for quality coverage.

Grand Rapids. MI (Vocus/PRWEB) January 03, 2011

Foremost Insurance Group has improved its Dwelling Fire program in Iowa. Foremost® targets landlord and rental property customers with new, larger discounts and a convenient, discounted package designed specifically for landlords.

“We’re excited about these improvements to our program,” says Karen Marszalec, Foremost zone executive director. “The new discounts are a great benefit to customers, offering a competitive price for quality coverage.”

Some of the new benefits include:

•     Lower rates for higher-value homes.
•     Insurance scores are now used as a rating parameter for new landlord business, with a discount of up to 28% for good insurance scores.
•     Newer homes qualify for an age-of-home discount of up to 25%.
•     Customers are eligible for a 5% discount if they have another personal lines or qualifying life policy with Foremost, Farmers® or 21st Century.
•     Landlords with multiple properties insured with Foremost qualify for a discount of up to 10%.
•     Landlord Association members and landlords who use a Property Management Company qualify for discounts.
•     There is a tenant screening discount for each of five types of screenings.

Introducing the Platinum Package for Landlords
“We understand that not all landlords want the same thing, which is why our program is built to be flexible,” Marszalec says. “We allow customers to build their own customized package of coverages, or they can choose a complete Landlord Platinum Package and then qualify for a discount.”

Here are some highlights of what’s included in the Landlord Platinum Package:

•     Replacement Cost on Dwelling
•     $3,000 Personal Property coverage
•     10% Loss of Rents coverage
•     $300,000 Premises Liability – Including Personal Injury
•     10% Other Structures up to $10,000
•     The period of time a home can be vacant before reduction in coverage applies is extended to 90 days
•     Platinum Endorsement – features a number of additional enhancements

If agents have any questions about these changes, they can contact their Foremost marketing representative.
Foremost-appointed producers can book expanded Dwelling Fire business on http://www.ForemostSTAR.com. To become appointed with Foremost, producers can call 1-800-237-6136 or visit http://www.ForemostAgent.com. To share your feedback, visit our Facebook page at http://www.Facebook.com/foremostinsurance or our Twitter page at http://www.Twitter.com/foremost.

A part of the Farmers Insurance Group of Companies®, Foremost Insurance Group ("Foremost") has been a leader in personal lines insurance since 1952. Foremost is headquartered in Caledonia, Michigan. Farmers is a trade name and may refer to Farmers Group, Inc. or the Farmers Exchanges, as the case may be. Farmers Group, Inc., a management and holding company, along with its subsidiaries, is wholly owned by the Zurich Financial Services Group. The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange), including their subsidiaries and affiliates, owned by their policyholders, and managed by Farmers Group, Inc. and its subsidiaries. For more information about Farmers,visit http://www.Farmers.com or http://www.Facebook.com/FarmersInsurance.

# # #

Share: