AIG

Submission Requirements

(For TX.)

• Account TIV minimum: $5M Calculated as: Sum of Coverages A + B + C for all HO policies + collections TIV + yacht hull value.

• AOP deductible: $10,000 minimum

• Wind/hail deductibles: 2% minimum within 5 miles of coastal water in Harris County 1% minimum for the rest of the state

• Roof ineligibility: Wood roofs and flat roofs in buildings under 3 stories are ineligible

• Roof payment schedule endorsement applies to all new risks

• Territory exclusions: Barrier Islands and Tier 1 counties are excluded for the admitted program

• Calculated as: Sum of Coverages A + B + C for all HO policies + collections TIV + yacht hull value.

• 2% minimum within 5 miles of coastal water in Harris County

• 1% minimum for the rest of the state

BOR Guidelines

1. Please use the Acord Agent/Broker of Record Change form. (CAA Insurance Services, LLC Producer Code: 0090376) 2. Your BOR request must include ALL of the following: • Policyholder’s signature. PCS will accept electronic signatures • Signature Date next to insured's signature (this is the most frequently omitted item, which delays processing) • Name of policyholder • Name of the new broker and producer code • Effective date of change • Applicable policy numbers or the phrase "Private Client Select policies in force" • If signed by a named policyholder representative, one of the following is required: • Power of attorney letter that authorizes an individual to sign on behalf of a named policyholder • Written (email, letter, etc.) authorization from the policyholder 3. PCS will accept a BOR that is backdated no more than seven days and received within ten days from the insured/policyholder’s signature date. If received after ten days, the BOR effective date will be the date of receipt. 4. The effective date for BORs submitted within 90 days of policy renewal shall be the policy renewal date. 5. Upon acceptance and approval of a fully completed BOR, PCS will notify the new and former brokers of the change. 6. PCS will accept rescinding BORs. 7. For BOR requests in all states except Louisiana, there is no rescission period. As mandated by Louisiana state law, if a BOR request is made for an account, we will provide a 10-calendar day rescind period that starts on the date we receive notification of the BOR. During this time, we will accept a new BOR letter in order to rescind the original BOR request. For this reason, we will not process a Louisiana BOR until the 10-calendar day rescission period expires. 8. PCS will prorate the commission associated with the BOR request between the former broker and the new broker in all states except Louisiana.

Commission

Typically 15%.

• Claims

• Payments

• Appetite Overview

Alarm Requirements

• Centrally monitored fire and burglar alarms are required for: Primary homes with $2,000,000+ Coverage A Condos/tenants with $5,000,000+ combined Additions & Alterations and Contents PC 9, PC 10, secondary or seasonal homes with $1,000,000+ Coverage A Condos/tenants in those classes with $5,000,000+ combined Additions & Alterations and Contents

• Fire sprinkler activation alarms must connect to a centrally monitored alarm system for all homes with fire sprinklers, regardless of existing systems

• A leak-activated, whole-house automatic water shutoff system is required for: Homes with 1+ water damage losses from internal plumbing/pipe leaks in the past 5 years Homes under construction or major renovation (install upon project completion)

• A heat sensor is required when Coverage A is $5,000,000+ and there is an attached/built-in/basement garage or an electric vehicle present

• A backup power supply for sump pumps is required if a prior water-related loss could have been prevented by a sump pump

• Low temperature detection sensors are required within the first year of issuance in: Alaska, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Maine, Massachusetts Michigan, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New York North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Wisconsin, Wyoming

• Primary homes with $2,000,000+ Coverage A

• Condos/tenants with $5,000,000+ combined Additions & Alterations and Contents

• PC 9, PC 10, secondary or seasonal homes with $1,000,000+ Coverage A

• Condos/tenants in those classes with $5,000,000+ combined Additions & Alterations and Contents

• Homes with 1+ water damage losses from internal plumbing/pipe leaks in the past 5 years

• Homes under construction or major renovation (install upon project completion)

• Alaska, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Maine, Massachusetts

• Michigan, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New York

• North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Wisconsin, Wyoming

Loss Experience

• Generally, a risk with 2+ losses or one loss over $50,000 in the last 3 years is not eligible unless proven mitigation measures are in place

• Water losses: Risk with 1+ prior water damage losses from internal plumbing/pipe leaks in the past 5 years is not eligible unless a functioning water loss prevention device is installed

Generally Ineligible Risks

• New business moratorium may be in effect for certain zip codes – check PCGx for specific location eligibility

• Very High and Extreme wildfire exposures

• History of late payment or failure to make payment

• Negative publicity generated by or directed at the client

• Business or farming exposure that does not meet the definition of incidental

• Short-term rentals

• Vacant homes

• Dwellings other than 1–4 family dwellings