MISSOURI |
SECTION 25 |
HOMEOWNERS |
GENERAL RATING AND CODING RULES |
RULES MANUAL
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RULE 25.6H |
DATE: 02-15-2013 |
RULE 25.6H - PRIOR INSURANCE DISCOUNT Applies
to: Premier - NO, Premier Plus - NO, Premier Select - NO, A new Premier Renters policyholder will be eligible for a 20% discount if they provide proof of previous homeowners or rental insurance. If the new policyholder did not have a need for previous insurance, they may sign Form 5937 - Insured's Affidavit (Prior Insurance - Premier Renters Policy) indicating they did not need prior insurance. The discount will then be applied to their policy. The Prior Insurance Discount will apply to all Premier Renters policies upon renewal. The policy can be amended to add this discount if proof of prior insurance is received after the policy has been issued. This discount will be indicated on the Declarations Certificate. |
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