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| June 2008 |
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| Have a question about this issue of the Newsletter? Then why not email us! |
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| SPOTLIGHT ARTICLE |
Effective Date:
New Business - May 15, 2008
Renewal Business - June 1, 2008
Program Changes:
- Rate changes
- Loss Free Renewal Discount 10% & 15%
For customers affected by the rate change:
- Customer can opt for a higher deductible, which can make premium more affordable.
- Additional installment plan, can opt for our four pay option.
- Add more than one discount to the policy. This can reduce premium charge by as much as 40%. Available discounts include:
- Transfer discount for new business
- Motorcycle driver training discount
- Homeowners discount
- Multi-unit discount
- Please be sure to collect all necessary proof of discount requirements.
Hard-to Place Business is Easy with American Modern:
- Up to 10 driving record points permitted.
- Three at-fault accidents
- One/two DUIs.
Important Program Reminders:
- Replacement Cost for Bikes Two Model Years and Newer. When Replacement Cost Coverage is chosen, the unit will be rated as a new or current model year. The model year changes on January 1.
- Reminder for Accessory Coverage. $2,000 is automatically included for all street-driven units and $1,000 for off-road units.
- We offer coverage for all types of ATVs and other off-road vehicles!
Cycle & ATV Quote Sheet
Hazel M Woods
Personal Lines Manager
hwoods@fwins.com"
800-475-1000 (Ext. 221)
Fax (515)225-3872
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| AGENTS ADVISORY COUNCIL |
First Western - West Des Moines, has recently formed an Agents Advisory Council. We are very interested in how we are perceived in the market place and are looking for constructive feedback to make improvements where necessary.
The council met in early May and provided us with some great information and feedback about our operation. Some of the items that came out of the first meeting:
- We are maintaining our regular work schedule year round
- We will be reviewing and amending our service standards. These will be published for all. We want you to hold us accountable to them.
- You will be seeing some enhancements to our applications on our website.
- We are exploring the possibility of up loading information to your management systems.
The council will meet annually and members will rotate off at various intervals. If you are interested in serving on our council in the future, please contact a First Western underwriter.
We would, again, like to thank the members of our council for taking time out of their busy schedules to meet with us. The members include:
Jane Regan - Lechensky Insurance - Waukon, IA
Eldon Hunsicker - Noel Insurance - Ottumwa, IA
Jim Middendorf - Middendorf Insurance - Clive, IA
Phil Andreason - Hughes, Brenna & Wirtz - Emmetsburg, IA
John Butterbaugh - Butterbaugh Agency - Council Bluffs, IA
We have also formed an Advisory Council for our Omaha, NE location and they will be meeting in July. If you would like to provide feedback, please feel free to contact one of the members. They are:
Sam Gifford - Inspro, Inc - Lincoln, NE
Kim Holtorff - Insurance Planning Assoc - Omaha, NE
Art Moore - Cornerstone Ins Group - York, NE
Cap Peterson - Northeast Neb Ins Agency - Wayne, NE
Sean Chastain - Chastain - Otis Ins Agency - Omaha, NE
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| HIGHLIGHTS OF RECENTLY WRITTEN ACCOUNTS |
When you run across a hard-to-place specialty risk, think First Western FIRST!
| BOP |
| Child Care |
$500 |
| Child Care |
$1,100 |
| Child Care |
$1,650 |
| Day Care |
$5000 |
| Preschool |
$800 |
| Tanning |
$400 |
| E & O |
| Insurnace Agents E&O |
$600 |
| Garage Liability |
| Used Truck Dealer |
$2,500 |
| General Liability |
| Agir Entertainment/Reception Hall/Sales |
$3,850 |
| Apartments |
$1,950 |
| Athletic League |
$250 |
| Auto Races |
$11,800 |
| Auto Repair |
$2,600 |
| Bar |
$800 |
| Barrel Horse Competitions |
$550 |
| Canoe Rental |
$750 |
| Caterer |
$500 |
| Commercial Crop Spraying |
$5,000 |
| Concession Stand |
$250 |
| Cosmetic Designer/Distributor |
$750 |
| Demolition Contrator |
$1,500 |
| Demolition of Car Wash Canopy |
$750 |
| Dog Breeder |
$1,100 |
| Drive In |
$1,000 |
| Family Dance Events |
$900 |
| Garden Tractor Pull |
$1,000 |
| Gas Dealer - LPG |
$750 |
| Homeowners Assoc. |
$750 |
| Kid Amusements |
$350 |
| Liquor |
$2,400 |
| Parts Assembly/Distribution |
$1,000 |
| Playground/Park |
$750 |
| Preschool |
$500 |
| Rendering |
$1,100 |
| Residential Housing |
$4,600 |
| Residential Roofing |
$5,000 |
| Roofer |
$3,500 |
| Salvage Yard |
$5,900 |
| Scrap Metal Dealer |
$750 |
| Special Event |
$350 |
| Special Event |
$1,850 |
| Strawberry/Vegetable Farm |
$1,000 |
| Tree Trimmer |
$500 |
| Tree Trimmer |
$1,000 |
| Wedding Reception |
$550 |
| Wheel Polishing |
$1,025 |
| Inland Marine |
| Wheel Polishing |
$500 |
| Liquor |
| Auditorium |
$1,000 |
| Sports Complex |
$1,000 |
| Miscellaneous |
| Aesthetician/Manicurist |
$350 |
| Air Compressors |
$6,360 |
| Animal Mortality |
$700 |
| Beauty Salon |
$580 |
| Before/After School Program |
$1,150 |
| Child Care |
$450 |
| Farm |
$1,100 |
| Home Child Care |
$520 |
| Horse Borading, Breeding, Training |
$1,800 |
| Livestock Farmer |
$500 |
| Motorcycle/RV Dealer |
$3,300 |
| Motorcycle/RV Dealer |
$5,200 |
| Tanning Beds |
$550 |
| Used Auto Dealer |
$3,600 |
| Package |
| Bar |
$10,300 |
| Clothing Store |
$1,000 |
| Dance Studio |
$1,000 |
| Firearms Sales |
$750 |
| Landscaper/snow Removal |
$6,200 |
| Nightclub |
$9,300 |
| Pawn Shop |
$1,000 |
| Physical Therapy and Fitness Center |
$1,500 |
| Social Center for Kids |
$1,000 |
| Stable and LRO |
$2,650 |
| Vacant Commercial Building |
$2,200 |
| Property |
| Builders Risk |
$630 |
| Hunting Lodge |
$3,500 |
| Tavern/Apts |
$2,200 |
| Professional |
| Drug Testing |
$2,600 |
| Home Inspector |
$4,000 |
| Transportation |
| Auto Hauler |
$7,400 |
| Canoe Rental Van |
$450 |
| Trucking |
$400 |
| Trucking |
$25,000 |
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SPECIALTY RV POLICY OFFERS
BETTER COVERAGE & VALUE |
 
It's pretty easy to add an RV as an endorsement to an existing automobile policy.
However, these standard carriers may lack expertise in underwriting RVs, or insight into the subtleties of the RV market.
Here are a few benefits consumers can get from a specialty RV policy. . . benefits that are not available on a standard endorsement:
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| What your customer gets... |
with American Modern's specialty RV program. |
with regular auto/homeowners endorsement. |
| Coverages |
Total Loss Replacement, Purchase Price, or Agreed Value Coverage, Personal Contents, Emergency Expenses, Full Timer Liability, Diminishing Deductible, 24 Hour Towing and Roadside Assistance. |
Customer will get only the minimum level of coverage. Unfortunately, he can forget about Total Loss Replacement, Agreed Value or Diminishing Deductible. |
| Premium Discounts |
Just to name a few:
- Membership in an approved RV association
- Anti-lock brakes or other safety options on the RV
- Loss Free Renewal
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Popular belief is that a customer pays less with all his vehicles on one policy. But, when you factor in discount opportunities on top of already competitive rates, American Modern may provide a lower premium. |
| Convenience |
modernLINK® gives you accurate quotes in a minute. Plus, you can quote other recreational "toys" such as motorcycle, ATV, boat, and personal watercraft. |
Is it always faster to package all units on a single policy? modernLINK® debunks this myth. You may find it's faster than processing an endorsement. |
And don't forget claims.
A standard carrier's claim adjustors may have little or no experience evaluating damages to an RV. Our specialty claim adjustors know RVs inside and out, ensuring that the claim will be handled more completely
Not all products available in all states.
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Hazel M Woods
Personal Lines Manager
hwoods@fwins.com"
800-475-1000 (Ext. 221)
Fax (515)225-3872
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| NEW 2008 COLLECTOR CAR PROGRAM OPTIONS |
Whether it's for a single car or a prized collection, American Modern's collector car program shows well next to any competitor.
- Unused miles rollover into the next policy term from the annual mileage plan. Miles do not expire.
- 24x7 National Roadside Assistance option increases towing coverage, and adds lock out, flat tire, fuel service and more.
- The Safety Glass option waives the deductible for replacing a windshield if there is no other damage.
- Add extra Spare Parts coverage up to $10,000
- "Nine to Five" option allows driving to work up to twice a week.
Review the changes in more detail.
Check the available coverage for your state.
Need help quoting?
American Modern specializes in covering harder to place vehicles, those under active restoration, replica Cobras, late model collectibles, and exotics.
Not all products available in all states.
If you need a User ID and Password for modernLINK® click here to email us.
Hazel M Woods
Personal Lines Manager
hwoods@fwins.com"
800-475-1000 Ext. 221
Fax (515)225-3872
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| NEW LOOK, NEW TEMPLATES, NEW MARKETING CENTER! |
If you haven't tried American Modern's Marketing Center, now's the time! With a new look and feel and over 20 new marketing templates, there's no better time to start promoting your agency and American Modern's portfolio of products.
Marketing templates available now include:
- More business-to-consumer advertisements, postcards and stuffers
- New business-to-business advertisments
- Promotional materials for our new Breakdown Endorsement protection for mobile home
The Center is also a great resource for:
- Downloading American Modern logos
- Accessing past Tip o' the Mornin' e-mails
- Requesting photos for your own marketing materials
Go to marketingcenter.amig.com now and see for yourself!
If there's a template you'd like to see on the Center, e-mail your suggestions to marketing@amig.com.
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