SECTION 05 - UNDERWRITING RULES
RULE 05.1 - ELIGIBILITY RULES
RULE 05.1A - DWELLING AGE
A new application may be bound if the dwelling is:
1) Premier Plus Homeowners Policy - 30 years old or less;
2) Premier Homeowners Policy - no dwelling age requirement; homes built prior to 1950 must have electrical, plumbing and heating systems updated to meet current building codes;
3) Premier Select Policy - no dwelling age requirement;
4) Premier Condominium Owners Policy - no dwelling age requirement; condominiums built prior to 1950 must have electrical, plumbing and heating systems updated to meet current building codes;
5) Premier Renters Policy - no dwelling age requirement.
All other applications must have prior underwriting approval before submission.
