West Virginia Essential Property Association
190 N. Independence Mall West, Suite - 301 | Philadelphia, Pennsylvania 19106-1554
Phone: (800) 462-4972 or (215) 629-8800 | Fax: (215) 409-9100


GENERAL RULES AND PROCEDURES


WV PLAN OF ORGANIZATION

ELIGIBILITY

  1. Eligible Applicant
  2. Ineligible Applicant
  3. Eligible Property
  4. Ineligible Property

UNDERWRITING STANDARDS

 

POLICY PROVISIONS

  1. Coverage(s) Provided
  2. Policy Forms
  3. Deductibles
  4. Coinsurance
  5. Policy Term
  6. Other Insurance
  7. Loss Settlement

 

 

MAXIMUM LIMITS OF LIABILITY

  1. Habitational Occupancy Classes
  2. All Other Occupancy Classes

 

 

 

HOW TO APPLY (APPLICATIONS)

  1. Application Form
  2. Supplementary Questionnaire

 

 

 

IMMEDIATE COVERAGE

  1. Provisional Policy
    1. Provisional Rates
  2. Effective Date
  3. Acknowledgment Letter

 

 

 

INSPECTIONS

  1. Request for Inspection
  2. Inspection Procedure
  3. Reinspections
  4. Incomplete Inspections (Lockouts)
  5. Rate Notification
  6. Declinations
  7. Condition Charges
    1. Table 1
    2. Table 2
    3. Instruction Pamphlets
  8. Condition Corrections

 

 

 

PAYMENT OF PREMIUMS

  1. Policy Order Forms
  2. Additional Premiums
  3. Minimum Policy Writing Premium
  4. Return Premiums
  5. Waiver of Additional or Return Premiums
  6. Commissions

 

 

 

POLICY WRITING

  1. Change of Producer
  2. Change of Location
  3. Assignment of Interest
  4. Addition or Change of Lienholder
  5. Increase in Coverage
  6. Decrease in Coverage
  7. Immediate Coverage Policy

 

 

 

REQUEST FOR ENDORSEMENT

  1. Change of Producer
  2. Change of Location
  3. Assignment of Interest
  4. Addition or Change of Lienholder
  5. Increase in Coverage
  6. Decrease in Coverage
  7. Immediate Coverage Policy

 

 

 

CANCELLATION

  1. At Insured's Request
  2. At Company's Request
  3. Mortgagee Notice of Cancellation Post Card

 

 

 

EXPIRING COVERAGE

  1. Offer to Renew
    1. Expiration Notice
    2. Renewal Premium Notice (Provisional)
  2. Policy Order Form
    1. Proper Completion
    2. Non-Premium Changes
    3. Premium Changes
  3. Renewal Premium Notification Post Card
  4. Declination-Non-Renewal Notice
  5. Final Notice Post Card
  6. Mortgagee Notice of Expiration Post Card

 

 

APPEALS

 

 

RATING ASSOCIATION RULES

  1. Loss Cost & Base Rates
  2. Coal Mine Subsidence Rates

 

 

 

CLAIMS PROCEDURE

  1. Reporting
    1. Emergency/Rush
  2. Assignment Authority
  3. Payment of Claims

 

 

AUTHORITY OF AGENTS AND BROKERS

 

SAMPLE FORMS