Foremost Insurance Group has expanded its DwellingFire program in Montana. Foremost has introduced new Dwelling Firepolicies and endorsements specifically designed for the needs oflandlord, owner-occupied or vacant properties. All new businesswill be written on new Dwelling Fire One or Dwelling Fire Threepolicies, while current customers will be moved into the newprogram at renewal.
|With Foremost's broadened underwriting, the company nowaccepts:
- Vacation rental properties
- Homes with open foundations
- Customers who have had a lapse in coverage
- Customers with up to five losses
Some of the changes to the Dwelling Fire program include:
- Overall rates are decreased on average by 15% for Dwelling FireThree policies and 5% for Dwelling Fire One policies.
- Credit is being used as a rating parameter for landlordbusiness with a discount of up to 10% for superior financialresponsibility.
- Homes up to 15 years old may qualify for an Age-of-Homediscount up to 25%.
- Owners with another Foremost, Bristol West or Zurich policy mayqualify for a discount.
- Owners without prior claims may receive a discount.
- Owners using a property management company may receive adiscount.
- Landlord association members may receive a discount.
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