MISSOURI |
SECTION 25 |
HOMEOWNERS |
GENERAL RATING AND CODING RULES |
RULES
MANUAL
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RULE 25.7B |
DATE: 02-15-2014 |
RULE 25.7B - SECONDARY RESIDENCE Coverage may be provided on the primary residence and 2 secondary residences*. However, coverage may not be provided on a secondary residence unless the primary residence is insured through an Auto Club Enterprises affiliate (including the Auto Club Family Insurance Company). A separate policy must be written for each residence premises. *Underwriting approval is required for more than 2 secondary residences. The following premium adjustments should be made: 1) Reduce the Base Premium
for the policy covering the secondary residence by $15, and The dollar amount for the limits of liability for Coverage E - Personal Liability and F - Medical Payments to Others will not appear on the Declarations Certificate covering the secondary residence. |
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