To: All Agents
From: Tim Koppenhaver, Executive Vice President
Date: August 10, 2020
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Because of the 5.1 magnitude earthquake near the VA/NC border on Sunday, effective immediately please do not bind any of the optional earthquake coverage endorsements listed below. Do not add these coverages to existing policies or pending quotes.
Homeowners & Mobile-Homeowners: ML-54 (full covg) and LM-554 (limited covg)
Dwelling Policies: FL-12 (full covg) and LM-554 (limited covg)
Farmowners: FO-54, FO-354 (both full covg) and LM-554, LM-554F (both limited covg)
Bed & Breakfast: BU-03 80 (full covg)
House of Worship: LM-0089 (full covg)
Note: We are not restricting binding authority on our MasterGuard and MasterGuard Classic tiers. Both programs automatically include earthquake coverage but we are allowing all coverages under those tiers to be bound.
A future announcement will follow when this binding restriction is lifted.
Thank you.
Tim Koppenhaver
Executive Vice President
