Transcription of ALLEGANY CO-OP INSURANCE COMPANY HOMEOWNERS …
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ED. 11/01/2004 1 ALLEGANY CO-OP INSURANCE COMPANY HOMEOWNERS underwriting rules AND GUIDELINES I. underwriting rules A. binding AUTHORITY OF AGENTS Homes that have been reviewed by agents of ALLEGANY CO-OP and that do not fall under the list of either Unacceptable Exposures or that fall under the list of Exposures Requiring Prior underwriting Approval may have coverage bound for the following maximum limits. Any limits exceeding these maximums must be submitted to the COMPANY on a Prior COMPANY Approval basis. Replacement Cost Coverage Coverage A. Up to $300,000 Coverage C. Up to $225,000 Personal Liability Limit Up to $500,000 Medical Payments Limit Up to $5000/ $25,000 Actual Cash Value (ACV) Coverage Coverage A.
ED. 11/01/2004 1 ALLEGANY CO-OP INSURANCE COMPANY HOMEOWNERS UNDERWRITING RULES AND GUIDELINES I. UNDERWRITING RULES A. BINDING AUTHORITY OF AGENTS—Homes that have been reviewed by agents of Allegany Co-op and that do not fall under the list of
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