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Foremost Insurance Expands Dwelling Fire Program in Washington

(Grand Rapids, MI) – Foremost Insurance Group is pleased to announce the expansion of its Dwelling Fire program in Washington. Effective November 1, 2009, Foremost is introducing new Dwelling Fire policies and endorsements specifically designed for the unique needs of landlord, owner-occupied or vacant properties. Foremost is positioned to write a broader spectrum of landlord and rental property customers and is offering lower rates and new discounts.

Typically known as the solution for hard-to-place landlord and owner-occupied properties, Foremost is enhancing its program to include standard and preferred business.

All new business will be written on new Dwelling Fire One or Dwelling Fire Three policies, while current customers will be moved into the new program at renewal.
 
“We have the broadest appetite in the marketplace and we specialize in this business,” says Rodney Ellisor, Foremost zone executive director. “Our pricing, product and claims processes are all focused on providing the most competitive and valuable product for policyholders and agents.”

Some of the changes to the Dwelling Fire program include:   

  • New territories.
  • Rates in Territory C are decreased on average by 9%.
  • Homes up to 15 years old may qualify for an Age-of-Home discount up to 25%.
  • Introduction of credit is used as a rating parameter for landlord business with a discount of up to 10% for Superior Financial Responsibility.
  • Owners with another Foremost, Farmers®, Bristol West® or Zurich® policy may qualify for a discount.
  • Owners without prior claims may receive a discount.
  • Agreed Loss is the settlement method with optional Extended Replacement Cost or Repair Cost available.
  • Theft coverage is available up to $5,000 in increments of $1,000.