RULE 30.2A - DEDUCTIBLES
Applies
to: Premier - YES, Premier Plus - YES, Premier Select - YES
Premier Condo - YES, Premier Renters - YES
All policies are subject to a deductible applicable to a loss from all Section I - Property Coverages perils covered under the policy. The deductible is on a per occurrence basis. The amount of the deductible will be shown on the Declarations Certificate.
The premium is calculated by multiplying the base premium by the appropriate factor indicated below:
|
Deductible
|
Premier,
Premier Plus,
Premier Select Factor
|
Premier
Condo Factor
|
Premier
Renters
Factor |
|
$
250*
|
N/A
|
1.64
|
1.64
|
|
500*
|
N/A
|
1.28
|
1.28
|
|
1,000
|
1.00
|
1.00
|
1.00
|
|
1,500
|
.93
|
.95
|
.95
|
|
2,000
|
.87
|
.91
|
.91
|
|
2,500
|
.84
|
.87
|
.87
|
|
3,000
|
.80
|
.83
|
.83
|
|
4,000
|
.76
|
.77
|
.77
|
|
5,000
|
.71
|
.72
|
.72
|
|
7,500
|
.62
|
N/A
|
N/A
|
|
10,000
|
.52
|
N/A
|
N/A
|
| * The $250 and $500 deductibles are not available on new business and renewals for the Premier Homeowners, Premier Plus Homeowners and Premier Select policies. | |||
