Carrier: Great Lakes Insurance SE
A.M. Best Rating: A+ XV

New Product Now Available!

Quote in peteRATER+ Homeowners  Product Guide (PDF)  

Surplus Lines HO3 for Well-Maintained Homes

In today's market even responsible homeowners can get pushed out of the standard markets... often for bad luck! This Concorde-designed surplus lines homeowners product can be a path to coverage for well-maintained homes aged 25 years and newer facing challenges with loss frequency / severity (especially wind, hail and water), risk location or carrier withdrawal, until they again qualify for a preferred HO3.

Product & Eligibility Highlights

  • Surplus Lines HO3 Coverage with Replacement Cost
  • Homes Valued $250,000-1,000,000 ($1,800,000 TIV)
  • Broad Claims Appetite - Up to 3 Losses or $300,000 Paid 
    Any Fire Loss Ineligible
  • Homes 25 Years and Newer with a Roof 20 Years or Newer
  • HUGE Credit for selecting $5,000 or $10,000 AOP Deductible
  • Owner and Seasonal/Secondary Occupancies Eligible
  • All Protection Classes Eligible (PC 1-10)
  • Broad Ownership Appetite - Individual, Trust, LLC & Partnership Eligible
  • Online Quote, Pay & Bind with Automated Renewal Process
  • Direct Billing on All Accounts with EFT Payment Options
 
  1. The Process... From Quote to Bind!
    1. Quote Online in peteRATER+ and "Select this Quote" to proceed to payment and binding options. (Only eligible quotes are given this option.)
    2. Continue to Payment Options online in peteRATER+ and select a billing plan and payment type. If Credit Card was selected, proceed to Concorde Online Payments, select "I am an agent" and submit the credit card payment,
    3. Applications and Affidavits are loaded immediately into the quote's documents folder in peteRATER+ after you’ve submitted to bind.
    4. Send signed forms to: submissions@cgains.com
    5. Policy Declarations are mailed to the insured and emailed to the agency in about 1-3 business days.

This product does not compete with admitted markets. Agents will need to comply with surplus lines guidelines for their state. 

Questions?  

We're here to help! Give us a call or book a time for a personal product tour.

 

Available in the Following States

  • Colorado
  • Idaho
  • Iowa
  • Minnesota
  • Montana
  • North Dakota
  • South Dakota
  • Wisconsin
  • Wyoming

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